President John T. Casteen announced Wednesday that Alice Handy, who has been with the University for almost 30 years, will step down as treasurer once a replacement can be found.
Handy's management of the Universities endowment has brought it from a low of $60 million to its current $1.8 billion. The Universities endowment is one of the largest in the country among public universities and top-25 among all universities.
Handy will pursue private business interests after leaving the University, although she intends to remain active in the University community.
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