University of California President Mark Yudof is stepping down from the position he's held for the last five years as head of the prestigious 10-campus system.
Yudof announced today that he will resign on Aug. 31 and assume a new job teaching law at UC Berkeley.
"The prior 18 months brought a spate of taxing health issues. Though these challenges have been largely overcome, I feel it is time to make a change in my professional lifestyle," Yudof wrote in a statement.
He also said the time is right for UC to seek new leadership because a spate of budget cutting appears to be near an end.
"When I arrived in 2008, the economy had begun to unravel and state coffers were tumbling deep into the red. With its budget slashed, the University was presented with one of the most severe challenges in its history. Now, it appears the storm has been weathered. We are not fully in the clear, but we are much closer than we were even a few months ago. I look forward to working closely in the months ahead with Governor (Jerry) Brown, Assembly Speaker (John A.) Pérez, Senate President Pro Tem (Darrell) Steinberg and other state leaders to ensure that the University is positioned to continue on this forward course, which ultimately will benefit all Californians."