UT's Powers Refusing Ultimatum To Resign

UT Austin President Enters Standoff Over Resignation
AUSTIN, TX - JANUARY 6: University of Texas president Bill Powers introduces new Longhorns head football coach Charlie Strong from Louisville during a press conference January 6, 2014 at Darrell K. Royal-Texas Memorial Stadium in Austin, Texas. (Photo by Erich Schlegel/Getty Images)
AUSTIN, TX - JANUARY 6: University of Texas president Bill Powers introduces new Longhorns head football coach Charlie Strong from Louisville during a press conference January 6, 2014 at Darrell K. Royal-Texas Memorial Stadium in Austin, Texas. (Photo by Erich Schlegel/Getty Images)

University of Texas President Bill Powers has refused an ultimatum to resign but is open to discussing a timetable for leaving office, a well-placed source told the American-Statesman on Friday.
UT System Chancellor Francisco Cigarroa gave the president of the Austin flagship the ultimatum late Wednesday in a meeting at the system’s offices in downtown Austin. Simply put, Powers must resign by sometime today, effective in the fall, or be fired next week, two sources told the Statesman.

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