HUNTINGTON, W.Va. -- Marshall University President Stephen Kopp says he regrets the overnight transfers of revenue from department accounts into a central holding account but insists that school administrators get a handle on where resources are being spent.
The Herald-Dispatch reports that Kopp apologized Wednesday for the removal of nearly all funds from department accounts last week -- a move criticized by faculty members who say they weren't notified until after the fact.
Professor Dallas Brozik said the College of Business has taken a vote of no confidence against Kopp and Provost Gayle Ormiston.
The Board of Governors planned to consider Kopp's proposal to overhaul the school's budget policies on Thursday.
The Faculty Senate scheduled an emergency meeting for Friday to do the same and to discuss the business school's no confidence vote. If the Faculty Senate chooses to hold a similar referendum, a vote could occur next week.
A vote of no confidence is non-binding, but professor Pamela Mulder said it has symbolic power.
"It's a step we are taking because we need to make some very strong statements at this point,'' she said. "We don't mind having leadership, but we need leadership we can trust and trusts us.''
Kopp contends Marshall's current model is not suitable for an institution of its size, especially when it's facing a $5 million cut in state funding.