Western Conn. State president out after draining reserves

Image:  Western Connecticut State University president John Clark is stepping down amid a financial crisis that resulted in a depletion of 99 percent of university reserves in recent years. Clark, who has been president since 2015, will officially exit on July 14. His resignation follows a no-confidence vote regarding financial management issues leveled against him by the faculty union in May. Earlier this year, a scathing external report found that the university “has an expenditure...