Businessman Timothy Wolfe was announced as the new president of University of Missouri system Tuesday morning. Wolfe is a long time IBM executive and graduated from the University of Missouri School of Business.
University of Missouri system President Gary Forsee is stepping down to care for his ill wife.
School officials announced Friday that the former Sprint Nextel chairman and chief executive is resigning immediately. He has been on an extended leave of absence since early December following his wife Sherry's cancer diagnosis.
Forsee has been president of the four-campus system since February 2008.