Although we continue to see great value in University of Phoenix, it has become cost prohibitive, and potentially distracting to our other work, to continue conversations.
"We need to make sure that our reputation matches our reality," Nuñez said. "Our reality is one of academic excellence, one of research and one of aligning with many strategic partners in this community, this state and this country."
"We are delighted to have found in UC Investments a responsible and mission-aligned steward for our beautiful and historically significant campus property," NDNU President Beth Martin said.
Trustee Alonzie Scott noted that it was unusual to select an interim without considering internal options and questioned how Diaz was elevated as a sudden candidate without a prior board discussion.
