A leading search firm with extensive experience in Iowa has withdrawn its proposal to recruit Iowa State University’s next president, because it received an offer from another land grant university.
Bill Funk, president and founder of R. William Funk & Associates
, informed the state Board of Regents of the move in an email sent Monday afternoon.
“As the Board meeting approaches on Wednesday – and given that we have not had any additional correspondence with the Board – we believe that it is best that we withdraw our Proposal,” Funk wrote.
At its meeting Wednesday in Iowa City, the board is slated to select a search firm
, approve responsibilities of a not-yet-formed search committee and approve a list of core qualities needed from ISU’s next leader. In April, the board received four offers from search firms, including Funk’s proposal.
The firm told the board it had a competing offer, and that it would take the first offer it received, Funk said in an interview with The Des Moines Register. He declined to name the competing university, because the school had not made its choice public.
The Board of Regents declined to comment.
Funk & Associates boasts a lengthy client list, and bills itself as the best known and most widely respected search consultant in higher education.
Ten years ago, the firm recruited ISU President Gregory Geoffroy, who has said he plans to retire next year. Funk also recruited the sitting presidents at University of Northern Iowa and Drake University, and the two University of Iowa presidents who preceded its current president, Sally Mason.