He will remain at St. Joe’s through Aug. 15. St. Joseph’s Provost Cheryl McConnell then will step in as interim president as the university launches a search.St. Joe's merger with USciences is approved by Middle States Commission on Higher Education
It’s unclear what led to Reed’s departure at such a critical juncture in the Jesuit university’s history. “This opportunity at Loyola was unexpected,” Reed said in a message to the campus. “I have every confidence in the university’s unfolding plans and trajectory.”St. Joseph’s merger with USciences, which has been approved by the Middle States Commission on Higher Education, is scheduled to take effect June 1. Reed was scheduled to become president of the combined institution, which will retain the name of St. Joseph’s.
In February 2021, the schools announced that they were looking at a potential merger to help them grow and thrive in an. Combined, the institutions will enroll more than 9,000 undergraduate and graduate students, employ nearly 450 faculty, and have an endowment in excess of a half-billion dollars, an operating budget over $300 million, assets of $1.2 billion, and nearly 95,000 living alumni.