Thomas Calhoun Jr., president of Chicago State University, will be leaving after just nine months at the helm, the Chicago Tribune reported on Wednesday.
The university’s Board of Trustees will meet on Friday to vote on Mr. Calhoun’s separation agreement. Mr. Calhoun is paid about $300,000 a year.
The president’s departure comes at a tough time for the historically black university. The Illinois legislature’s failure to pass a budget has left public colleges scrambling for funds.
In February the university put all 900 of its employees on notice that they should not return to work in May unless they heard otherwise. It later announced layoffs for 300 staff members.