May 182003
Authors: Christopher J. Ortiz

Larry Penley was named the next CSU president by the Board of

Governors of the CSU system Monday. The board made their decision

after meeting in an executive session.

An announcement ceremony is scheduled for Tuesday at 2 p.m. in

Ammons Hall on campus with Penley present to meet faculty, staff

and students and to answer questions.

“We have worked very hard to come up with the right person to

lead the institution and the system,” said Don Hamstra, the new

president of the board. “In Larry Penley we have selected a leader

with vision, experience, integrity and with real passion for moving

Colorado State and the university

system forward. We’re thrilled to make this announcement

tomorrow and excited about what the future holds.”

The announcement comes after a six-month search process that

included Gov. Bill Owens’ controversial endorsement of Marc

Holtzman, who will now serve as president of the University of

Denver with chancellor Dan Ritchie.

Penley will replace current CSU President Albert Yates on July 1

and will become chancellor of the CSU system at the end of

September. The CSU system includes the University of Southern

Colorado, which will be renamed CSU-Pueblo in July. The decision

came down to the board’s final two candidates; Penley and

University of Florida’s vice president for agriculture and natural

resources, Michael Martin.

“Both finalists, Larry Penley and Mike Martin of the University

of Florida, were impressive candidates. Mike Martin was an

outstanding candidate and we have a great deal of respect for him,”

Hamstra said.

Along with Penley, Martin has been considered as a candidate for

president at other universities including UF.

Penley was a presidential candidate for the University of New

Mexico until May 6 when the university chose another candidate.

Currently the dean of the W.P. Carey School of Business at

Arizona State University, Penley has been regarded as an aggressive


Penley was unavailable for comment, as he was in route to Fort


“I am excited that someone was chosen,” said Associated Students

of CSU president-elect Jesse Launcher. “I think he will do a

fantastic job and I hope everyone welcomes him as much as I


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