The Chronicle of Higher Education
July 11th, 2014
William C. Powers Jr.’s fortunes as president of the University of
Texas at Austin seemed to shift quickly this week, when the system’s
chancellor announced that the imperiled leader would be granted another
11 months at the helm of the flagship campus. But the Lazarus act, which
allows Mr. Powers to leave office on his own terms, was actually years
in the making.
The president will resign, effective June 2, 2015. That will allow
for the sort of "graceful" exit that he had sought last week, when
Francisco G. Cigarroa, the system’s chancellor, gave the president an
ultimatum: resign by July 4, effective October 31, or be fired. The
agreement this week put a fittingly messy coda on a years-long power
struggle between an aggressive cadre of board members who wanted the
president out and a steely campus chief with powerful connections.