Embattled President of the New School Says He Will Step Down in 2 Years

Bob Kerrey, president of the New School, said on Thursday that he will step down when his current term expires, in July 2011. Mr. Kerrey, a former Nebraska governor and U.S. senator, has become a lightning rod for disputes and protests at the New York institution.

Mr. Kerrey announced his decision to the New School's trustees at a board meeting on Wednesday evening. A university statement said Mr. Kerrey's intention had always been to leave when his second five-year term

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