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Gaston Caperton to Leave College Board Presidency Next Year

College Board President Gaston Caperton announced today he will be stepping down on June 30, 2012. He has held the position since 1999.

Caperton delivered the news at a meeting of the organization's Board of Trustees in Reston, Va. today. Under Caperton's reign, the College Board membership has grown from 3,664 educational institutions to 5,912. It also doubled the number of students it serves from from 3 million to 7 million last year.

"The College Board was founded to expand access to higher education and we devote each and every day to advancing excellence and equity in education," Caperton said in a press release statement. "I am deeply grateful for the opportunity to work on these important issues with such a talented and dedicated staff and board. During a time of great economic crisis, I am especially proud of the work we have done to open the doors of college to underserved students and I am committed to continuing this important work for the next 15 months."

Prior to joining the College Board, Caperton served as governor of West Virginia from 1989 to 1997, when he championed many improvements to the state's education system.

A formal search for a new president in the coming months will be led by Paul Sechrist, chairman of the Board of Trustees.

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