Two leaders at St. Joseph's University in Philadelphia will be stepping down at the end of the upcoming school year amid financial concerns.
President C. Kevin Gillespie, a 1972 graduate, announced Friday that he will end his 3-year tenure as the leader of the Jesuit Catholic University.
Gillespie said he recognizes that Saint Joe's needs new leadership.
Along with Gillespie, senior vice president John Smithson, who is also an alumnus, will leave next year.
The moves come amid criticism of a proposed plan to accept 225 more students this fall to boost revenues.
Critics say that would make the private school appear less selective. The plan has not been enacted.
The Board of Trustees will form a committee of students, alumni, faculty and staff to search for Gillespie's replacement.