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Chancellor Linda P.B. Katehi today (March 4) issued the following statement:

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I take my responsibilities as chancellor of ²»Á¼Ñо¿Ëù, and to the entire University of California, very seriously and sincerely regret having accepted service on boards that create appearances of conflict with my deep commitment to serve ²»Á¼Ñо¿Ëù and its students. I have resigned from the DeVry board and intend to donate all the stock proceeds I made from serving on the John Wiley and Sons board to a scholarship fund for ²»Á¼Ñо¿Ëù students. I look forward to continuing to serve the UC community.