CORRECTION: An earlier version of this story said the University paid R. William Funk & Associates $213,581 to conduct the 2007-08 search that selected Chancellor Holden Thorp. That amount was for the entire search. The article has been amended to reflect this change.
While the search for the University’s next chancellor is already underway, it has become clear that the 21-person committee leading the effort has a long road ahead.
But committee members won’t be making that journey alone.
At the first meeting of the chancellor search committee Monday, committee members selected R. William Funk & Associates to spearhead the hunt for Chancellor Holden Thorp’s replacement.
Thorp announced Sept. 17 that he will step down in June.
The search firm, represented at the meeting by its leading consultant Bill Funk, was unanimously chosen by the committee for the position.
But its experience comes at a price. The company has requested a fee of $120,000 to conduct the search, excluding general and travel expenses — costs that can drive the price up by tens of thousands of dollars.
Other candidates considered were Baker and Associates LLC and Storbeck/Pimentel and Associates.
“It’s striking to me that (Bill Funk), who is sort of at the peak of the pyramid in terms of search firms, is the most passionate and articulate about the positives of this University,” said Barbara Hyde, vice chairwoman of the Board of Trustees and the search committee.