The University of Chicago Booth School of Business Dean Edward A. Snyder announced that he will end his tenure as dean at the conclusion of his current term on June 30, 2010. In a gracious letter to the Chicago community he pays tribute to David Booth and the people in the Booth administration with whom he works most closely. In explaining his decision, he writes:

"By way of background, I am in my ninth year as Dean.  Since World War II, no Dean of the school has served more than two five-year terms.  No surprise to you, I understand that the option to deviate from standard practice is valuable.  However, given the strong state of our school and what we have accomplished, I believe now is the right time for the school to search for its next Dean.  On the personal side, I look forward to taking some time to (a) reflect on the challenges facing management education, (b) analyze some major public policy issues, and (c) to consider my future."

Harvard Business School Dean Jay Light also recently announced his decision to stop down this summer. 

 By Linda Abraham, President and Founder of Accepted.com.