UT President Lloyd Jacobs to step down June 30 - Toledo News Now, Breaking News, Weather, Sports, Toledo

UT President Lloyd Jacobs to step down June 30

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University of Toledo President Dr. Lloyd Jacobs University of Toledo President Dr. Lloyd Jacobs
TOLEDO, OH (Toledo News Now) -

University of Toledo President Dr. Lloyd Jacobs will step down as university president at the end of June.

Jacobs had originally planned to leave the post on June 30, 2015. The university announced he would leave on June 30 on Friday.

The university says Jacobs decided to step down sooner after being nominated to serve with a global economic development non-profit organization based in Washington, D.C.

"I am honored to have been nominated to be a Distinguished Fellow with the Council on Competitiveness. The Trustees of The University of Toledo and I have preliminarily agreed that, to allow me to avail myself of this unique opportunity, I will be granted a sabbatical leave beginning July 1, 2014 until I return as a professor of surgery in 2015," Jacobs said. "I have enjoyed the last eight years in my current role and the ten years Ola and I have spent in Toledo. I am enthusiastically looking forward to working with the Council on Competitiveness as a Distinguished Fellow during this sabbatical and perhaps beyond."

"I want to thank Dr. Jacobs for his service to The University of Toledo and for elevating this institution to new heights on the national stage," said Joseph Zerbey, chairman of the UT Board of Trustees. "Given that success, it is easy to see why the Council on Competitiveness would look to him to put that expertise to work on a national and international scale."

Tune in to WTOL 11 News at 5 for a look back at Jacobs's time as UT President.  

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