Van De Velde announces resignation from Iowa State

Early this morning ISU Athletics Director Bruce Van De Velde submitted his resignation to University President Gregory Geoffroy, effective at the end of the year or whenever a successor is named. "I feel privileged to have served my alma mater for the past five years," Van De Velde said. "However the time has come for the University to seek a new athletics director. The turnaround of the department is complete."

Van De Velde said the past five years have been both challenging and rewarding, with both surprises and setbacks.

 

"In 2000 when I took over the department we were in grave financial trouble," he said.

 

Van De Velde said he leaves the department with a $4.2 million reserve, corporate sponsors, television contracts, bowl agreements through the Big 12 and extensive marketing and fundraising contacts.

 

"Bruce leaves the athletic department in very good shape with a lot of optimism and confidence as we go forward," Geoffroy said.

 

Recruitment of a successor will begin immediately, Geoffroy said the University will appoint a search committee and hire a national consultant to assist the search. It will be a broad based, inclusive search with an aggressive timeline.

 

"I believe this position will attract a very strong pool of candidates," Geoffroy said.

 

Van De Velde said after looking at his personal goals there wasn't much left for him to do at Iowa State.

 

"I think as I sat back and thought about it I just thought this is a great time to do this," Van De Velde said. "You want to leave when you're on top. I‘m ready for a new challenge; the turnaround here is complete."

 

 

 

 


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