CRESTVIEW HILLS, KY (FOX19) - Thomas More College President Sr. Margaret Stallmeyer announced Thursday that she will retire as president effective June 30, 2013.
Stallmeyer has served as president of the Catholic diocesan college since June 1, 2004. During the last eight years, the College has added 10 new baccalaureate programs and enrollment has increased by 20 percent.
"From the beginning, her strong administrative skills moved the college to a level of financial stability in a short period," said Jeanne-Marie Tapke, Thomas More College Board Chair. "She moved on to formulate her vision of how the College could serve the needs of our students as well as our growing community."
"My years as president have been blessed in many ways, so this was not an easy decision," Stallmeyer explained. "It is one I have made after serious reflection and prayer during these last several months. Over the past years, I have been committed to creating stability, strengthening our Catholic identity and putting the College in front of the regional community. Thomas More College is now positioned to meet the challenges facing private higher education in this 21st Century."
Stallmeyer's retirement comes on the heels of completion of the College's current five-year strategic plan. Her over-riding goal in all has been to keep Thomas More affordable for students in the region through a variety of initiatives, including the guarantee of fixed tuition increases, the parochial promise and availability of access grants.
The Board of Trustees is expected to hire a search firm by the beginning of November to conduct an immediate search for Stallmeyer's replacement.