After 20 years as Yale's leader, Yale President Richard Levin announced plans Thursday to step down in the end of the current academic year.
In an e-mail to the Yale community Levin wrote that "as my twentieth anniversary approaches, I recognize that this is a natural time for transition. We stand between the realization of many important institutional goals and another round of major initiatives."
The university said that Levin has served Yale longer than any other president currently in the Ivy League.
"It is a source of great satisfaction to leave Yale in much stronger condition – academically, physically, and financially – than it was when I began in 1993," Levin wrote in the e-mail, "Our faculty is stronger than ever, and our deans and directors all have clear and ambitious agendas that will keep the University moving forward."