Fisk University has rotated its board of trustees. With the purpose of preserving its accreditation, six trustees have been replaced by members with experienced business and financial expertise.
The Southern Association of College and Schools (SACS) has placed the institution on probation with concerns about financial management and viability. With these changes, the institution hopes to meet their demands while also preserving the legacy of the university.
“. . . We’re developing the financial discipline we need. We think we’re going to be in good shape addressing the issues they [SACS] want addressed.” – Dr. H. James Williams, Fisk University president