Bowles to Retire as President of UNC System

Erskine Bowles, president of the University of North Carolina System, announced Friday that he will retire at the end of the year, The Raleigh News & Observer reported. Bowles took office in 2006 and has pushed for better long-term planning and closer ties to elementary and secondary education. He has also helped the system deal with several controversies at various campuses, including a recent one over payments to administrators transitioning back to the faculty. The system recently imposed new limits on the practice.