Local CU officialsreact to resignation | AspenTimes.com

Local CU officialsreact to resignation

Janet Urquhart

The resignation of embattled University of Colorado President Elizabeth Hoffman produced a strong reaction from some key local players in CU’s operation.Clancy Herbst, former chairman and lifetime member of the University of Colorado Foundation and a part-time Aspenite, called her decision to step down “devastating” and predicted dire consequences for CU’s future fund-raising efforts.Gail Schwartz, Aspen resident and a member of the CU Board of Regents representing the 3rd Congressional District, praised Hoffman’s decision and said it’s time for new leadership at the university, which has been at the center of a string of controversies that have put the institution in a bad light.CU is embroiled in an athletics scandal and a national uproar over the comments of a professor.”Today, she put the interests of the university before her own in stepping aside to eliminate some of the controversy,” Schwartz said Monday. “It’s just really time to remove the president from being central to those issues.” The nine-member board has not begun to discuss Hoffman’s successor, Schwartz said.”We need to look for leadership that has the public trust,” she said.But Herbst, long active with the foundation that raises significant funding for CU, said losing Hoffman would ultimately cost Colorado taxpayers, as the president was both instrumental in soliciting contributions and held in high regard by many donors.”This will dramatically affect our fund-raising ability for the university,” he said. “I’m going to say tens of millions of dollars already.”Herbst, a 1950 graduate of CU, said he considers Hoffman a personal friend. He blasted various individuals for putting her in a precarious position.”The improper actions and words of the governor, some state legislators and the news media in Denver and Boulder have cost the state of Colorado one its best employees by driving Betsy out,” he said.

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