Who Steps Up to Lead a Financially Troubled College? - Julia Piper, Chronicle of Higher Ed

In 2014 the future of Montreat College looked grim. It had suffered budget shortfalls in recent years and had come close to merging with another institution to survive. As its Board of Trustees looked for a new president, it sought someone who was seasoned, says William Haynes, then the board’s chair, and who would "be more of a risk-taker, because a steady hand wasn’t going to get us where we needed to go." https://www.chronicle.com/article/Who-Steps-Up-to-Lead-a/245656