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A Message from President Dynes About Vice President Larry Hershman
May 31, 2007

OFFICE OF THE PRESIDENT COMMUNITY

Dear Colleagues:

As many of you know, Larry Hershman has announced that he will be stepping down as Vice President for Budget on May 31. This is a very significant transition for us. Larry has been responsible for the University of California budget for nearly 30 years, and he has made an enormous contribution to the growth and strength of the UC system as we know it today.

I am pleased to add, however, that while he is stepping down as Vice President, Larry has agreed at my request to continue to advise us on budget matters during a two-month transition period, allowing him to complete work on the 2007-08 state budget.

On an interim basis, pending our previously announced organizational review and the continuing recruitment of a Chief Financial Officer, responsibility for the budget will be transferred to Executive Vice President Katie Lapp. Larry will be retained on a part-time basis as Special Consultant for Budget Matters until July 31, assisting with the transition and continuing to contribute his knowledge and expertise to the completion of the 2007-08 budget process. Given the complexity of the University's budget and the importance of a smooth transition, I greatly appreciate his willingness to serve in this capacity.

While we are not saying goodbye to Larry right now, I want to take this opportunity to express the tremendous gratitude of the entire University of California community for his distinguished service and unflagging devotion to the institution. Larry has been with the University for 39 years, 33 of them at the Office of the President. He has played a crucial role in securing the resources that have been needed to build the academic quality of the institution, ensure access for dramatically increasing numbers of students, and construct the facilities to accommodate this growth. Through the ups and downs of many state budgets and his countless appearances before legislative committees, Larry's passion for the mission of the University and his commitment to its well-being have never abated.

It would be difficult to find a more enthusiastic advocate for the University of California than Larry Hershman. For that, and for the breadth and depth of his contributions to the success of the University and its people, he has our immeasurable gratitude.

Sincerely,

Robert C. Dynes
President