Texas A&M U. President to Step Down in January

R. Bowen Loftin announced on Friday that he would step down as president of Texas A&M University at College Station in January. Mr. Loftin was hired as the flagship campus’s president in 2010, after serving in an interim role for eight months.

During his tenure, the university left the Big 12 for the Southeastern Conference, and Mr. Loftin oversaw an effort to gain $260-million in savings and revenue over 10 years by outsourcing the flagship’s dining and facilities services.

In a news release, the university said Mr. Loftin would return to the faculty as a tenured professor in its College of Engineering. The university said it also planned to help him establish a new academic institute.

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