Jim Gallogly surprised the state's academic world by emerging from an executive session of the board of regents and submitting his resignation.
In his written statement, he reviewed the fiscal austerity plan he implemented and it's accomplishments.
Gallogly openly refuted rumors that the current sex scandals being investigated were instigated as part of a perceived rift between him and Boren.
Gallogly characterized his candidacy for president was not so much a pitch of his own personal advancement, but rather a pitch to reform the administrative course for the whole OU institution.
Gallogly says he was retired when he agreed to take the office of OU President, and he plans to resume his retirement when a replacement is named and his skills are no longer needed.
The regents met in a very long executive meeting with very little hint of what topics were discussed and what divisions might be apparent within the group of participants in that room.
The written statement was distributed to some media outlets. Here's the text of what SoonerPolitics was able to get ahold of.
As I began preparing the university budget for a June presentation, it became obvious that the Norman campus had been operating at significant losses for the last couple of years, had grown its debt, and had limited cash reserves. We later discovered that gifts and alumni support statistics were significantly over-stated in various filings (though not at our foundation), and that a couple of new housing projects on campus had low occupancy rates and were struggling. Despite these challenges, we have been able to stabilize our financial position, use our cost savings to hold tuition and fees flat, and give the Norman faculty a raise. Our research is growing at a pace to meet my challenge to our faculty to double research in the next five years. Gifts and pledges to our university are up from last year. We are also in the process of answering the call to make our university a more diverse and inclusive place.
While we have made progress, the job has not been completed. We are preparing a FY 20 budget for presentation in June. The hope is to continue to hold tuition flat for our undergraduates so that a great OU education is affordable for all qualified Oklahomans as well as others from our nation and the world who want the hard earned privilege of being called a
“Sooner” for life. We also have additional salary increases to implement for our dedicated faculty and staff. The savings realized to date, and the other plans we are working on, should give us the confidence that such is possible.
With this background, I have advised our Board of Regents of my plans to retire once they have a transition plan in place. Janet and I have been honored to serve our university. This has been the most important work of our lives, and it was with great pride that we watched our first class graduate this weekend.
Unfortunately, a false narrative has been created that the explanation of the university’s financial condition, the disclosures of improper gift reporting, and changes to various people serving in the administration were somehow intended to diminish the legacy of our past president. That false narrative is now also being used to question the motives and propriety of the ongoing investigation of alleged misconduct by person(s) yet to be disclosed by the university.
The university was required by law to commence an investigation upon the receipt of complaint(s). That process has been ongoing according to its procedural mandate. The Jones Day law firm was hired to conduct an independent and unbiased, expert investigation and issue a report which the firm has now done. The process also allows for an appeal of findings. The sitting president of the university is normally a part of the Title IX appeals process. Given I am departing, I will not serve in the appellate process role going forward and a third party, yet to be appointed, will take my place.
The important work of putting our university on an improved financial path was done by dedicated faculty and staff with my administration’s assistance. This has been a difficult process for the university community but a necessary one. Even more difficult is the ongoing scrutiny our university is and will receive related to the Title IX process that is not yet complete. There have been no final determinations of innocence or guilt at this point in time. That is important to remember. When there is a determination, that result should not be questioned by suggestions that there were ever any false motives in this legally mandated process. Great care has been taken to ensure a fair, thorough, independent investigation where scores of people were interviewed and thousands of documents reviewed. My departure should clearly demonstrate that there has never been any personal benefit in any outcome. The suggestion that there was ever any ill will in prior factual disclosures was ridiculous when made and the false narrative that continues is now even more untenable.
Janet and I will continue to serve our university in other ways in the future. Our love of the university and its people has only grown this past year. I will always remember running with the Ruff-Neks, jumping out of an airplane with the Black Daggers for the Army football game, sharing the hurt and dismay we all felt as we watched a shameful, racist video, but most of all, shaking the hands of joyous students as they walked across the stage to receive their hard-earned diplomas. After all, our work is always about our students’ success. Thank you for the opportunity to serve.