Over the past four years, Reed has had to manage severe state budget cuts to the CSU totaling more than $1 billion or 35% while addressing increased enrollment demand, particularly from students from underserved groups. Since he arrived at the CSU, the system has grown by 100,000 students to 427,000 and added a new campus – Channel Islands. “As chair of the board of trustees, I have seen up close the difficult decisions Charlie has to make every day, and the enormous job of serving as chancellor of a university system serving more than 420,000 students,” said CSU Board Chair Bob Linscheid. “Charlie has persevered through the worst budget crisis in the history of California, and has had to deal with deep budget cuts to the CSU. He has a deep desire to do what is best for students. Charlie’s management of the institution is something to behold, and on behalf of the board, I would like to thank him for his unending energy and dedication to the CSU.”
http://collegian.csufresno.edu/2012/05/25/california-state-university-chancellor-charles-b-reed-to-retire/