Private West Virginia College Hires New President
A private, financially troubled West Virginia college has hired a new president.
Wheeling University said Monday that Ginny Favede will become its 13th president. She has served as chairwoman of the university's Board of Trustees since July.
The college cut more than half its academic programs this fall because of financial concerns, though it will resume offering majors in biology, engineering science and English in January. The school also will reinstate five sports teams starting next fall.
In August, West Virginia education officials voted to allow the college to issue degrees through May 2020, under the condition that the school provide a five-year financial strategy and ideas for shuttered academic programs.
The administrative shake-up announced Monday formally replaces Michael Mihalyo, who served a little over a year as president and was placed on leave in August.
News outlets report Mihalyo filed suit against the school last week, claiming the college misled regulators about its finances and sidelined him when he raised questions about the university's economic standing. The college has declined to comment on the lawsuit.
Earlier this year, the school changed its name from Wheeling Jesuit University and ended its affiliation with the Jesuit order while maintaining its Roman Catholic identity. It says it has about 1,200 students.