Lisa S. Coico, president of City College, the flagship of the City University of New York (CUNY), abruptly resigned Friday amid an investigation into her use of college funds to pay for personal expenses, The New York Times reported.
Evidence the Times provided to the school a day earlier — which suggested that a 2011 memo detailing Coico's reimbursements had been fabricated — may have sparked her resignation.
The City University of New York (CUNY) is the largest urban public university system in the US. The school, however, sometimes called " the poor man’s Harvard," is in serious financial difficulty, The New York Times reported. “We ha...
It was not budget cuts or a contentious relationship with faculty that led to the resignation of Lisa S. Coico, but her use of college funds for personal matters.
The resignation of Lisa S. Coico has created a leadership vacuum at the university amid two investigations, with a third looming.
The administrator, Lisa S. Coico, announced her resignation a day after The New York Times contacted officials with questions about the handling of more than $150,000 of her personal expenses.