Wellesley College's president says she will step down in July 2016 after nearly nine years at the helm of the all-women's Massachusetts liberal arts school.
The college says H. Kim Bottomly informed the board of trustees Friday of her decision to leave Wellesley. In a letter to the college community, Bottomly said the school is "strongly positioned to move forward" and it's the right time for her to leave.
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Bottomly became Wellesley's 13th president in August 2007. The college says a search for a successor will begin immediately.
Trustees credited Bottomly with restructuring the school's finances after the crippling 2008 recession and helping its endowment recover and exceed $1.8 billion.
Bottomly also formed a partnership with Olin College of Engineering and Babson College and led campus preservation and renovation efforts.