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|Cofer resigns as Missouri State president|
Former University of Louisiana-Monroe President Dr. James Cofer announced Monday he would resign as president of Missouri State University and return to MSU's College of Business Administration as a tenured full professor.
Cofer said he would relinquish his duties as president to return to the faculty where he would "devote his time and energy to helping students in a more meaningful way."
Cofer was named Missouri State University president on May 14, 2010. He officially began his duties on Aug. 1, 2010.
He officially relinquished his position as president on July 31, 2011, according to a news release issued by Missouri State University.
The Missouri State Board of Governors met Sunday, June 26, to accept Cofer's resignation.
According to a report from the Springfield News-Leader, Cofer says he plans to end his career at Missouri State University.
"Last month as I began preparing a summary of our progress on the nine goals we established this year, I began to stop and reflect on what was accomplished. I realized as I reviewed our year that I had not personally connected to, listened to and helped students in a meaningful way. I was not connected the way I wanted with the students on campus. I also realized that the rigor of my schedule and all the demands on me as president would not allow me to change that result," Cofer said in a prepared news release issued by the university.
"I believe that the position necessary to best serve Missouri State is one closely tied to the classroom and working with students much more directly than in the past. In that light, the Board of Governor's has agreed for me to transition back to the classroom as provided in my contract. My plan is to take next year and work with my colleagues across the country and here at MSU to sharpen up my teaching and research skills so that I can return to the classroom in the fall of 2012."
As a tenured professor, he will be paid 60 percent of his current base salary of $275,000 according to his contract, which will be $165,000 per year. The university will transfer appropriate funds to the College of Business Administration to cover the salary and other expenses associated with a tenured professor's teaching and research activities.
In addition, the agreement calls for a one-time payment of deferred income accrued in the amount of $50,000, plus he will continue to receive his housing allowance of $45,000 for one year. All other additional benefits included in his contract (courtesy car, country club membership, etc.) will cease.