University Of Texas President Bill Powers Resigns

AUSTIN, Texas (AP) - University of Texas System accepts UT President Bill Powers' resignation, effective June 2015.

University of Texas President Bill Powers will stay on the job until June as part of a negotiated exit that will allow him to avoid being fired when the Board of Regents meets Thursday.

Powers had clashed for years with some board members. University of Texas System Chancellor Francisco Cigarroa met with Powers last week and urged him to resign effective in October or risk being fired.

Powers offered to quit in June, a deal Cigarroa accepted Wednesday.

Powers has led the 50,000-student Austin campus since 2006. He fought with governor-appointed regents over tuition and graduation rates and other higher education policies, and had survived previous attempts to fire him.

Cigarroa has described his relationship with Powers as "fractured" and cited a lack of trust between Powers and the board.

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