Molly Corbett Broad to Step Down From the Presidency of the American Council on Education

Molly Corbett Broad, the first woman to serve as president of the American Council on Education, announced that she will step down from her post on October 31. She became the 12th president of the American Council on Education in 2008.

In announcing her resignation, Broad said, “it has been a privilege to work with colleagues across the higher education community and from every type of institution on so many vital and complex issues during this pivotal and challenging period for American colleges and universities.”

Broad served in a number of administrative positions during a 14-year career at Syracuse University in New York. Then, in 1985, she was named CEO of the University of Arizona system. In 1992, she moved to the California State University System where she was senior vice chancellor of administration and then executive vice chancellor and chief operating officer. In 1997, Broad was named president of the University of North Carolina System.

Broad is a graduate of Syracuse University, where she majored in economics. She earned a master’s degree in economics from Ohio State University.