Complications for Faculty Center Deal?

We reported last week that a meeting at the UCLA Faculty Center dealt with the Center's business plan and its negotiations with Murphy Hall. UCLA's CFO Steve Olsen - who spoke at the meeting - apparently was a key player in those negotiations.* However, an email today indicates Olsen is leaving UCLA:

Vice Chancellor and Chief Financial Officer Steven A. Olsen has informed me that he will be leaving UCLA on June 30, 2018. Although this will be a great loss for our campus, I am proud to share the news that he has been named vice president, chief financial officer and chief operating officer of the J. Paul Getty Trust...

No review of Steve’s accomplishments could be complete without mention of the essential role he played in every phase of the development of the Meyer and Renee Luskin Conference Center. Although the project faced significant challenges, today it serves as a national model for how conference centers can significantly enhance universities’ academic programs...

Executive Vice Chancellor and Provost Scott Waugh and I intend to launch a national search for Steve’s successor, and we will soon announce the formation of a search advisory committee.

Sincerely,

Gene D. Block
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*http://uclafacultyassociation.blogspot.com/2017/12/competition-from-grand-hotel.html