University of Arizona Leadership Shakeup Amid Financial Crisis

Following criticism from Gov. Katie Hobbs, key figures in the Arizona Board of Regents have altered their roles to address the University of Arizona's $177 million budget shortfall.

• Fred DuVal steps down as chair of the Arizona Board of Regents but remains a regent until January 2026, amid a financial crisis at the University of Arizona.
• John Arnold takes a leave of absence as executive director to focus on his interim position as chief financial officer at UA, aiming to address the budget shortfall.
• Gov. Katie Hobbs criticizes the board's leadership for a lack of transparency and threatens legal action, demanding accountability and solutions to the financial crisis.
• Faculty and staff express mixed reactions to the leadership changes, with some seeing it as a positive step and others as insufficient.
• The leadership changes come as the university faces potential layoffs and budget cuts of up to 15%, raising concerns about the future of the institution.

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