MIDWAY, Ky. (March 20, 2012) — Dr. William B. Drake, Jr, President of Midway College this week announced that he has given his resignation to the Board of Trustees.
“In 2002 I accepted the Presidency of Midway College and the Board of Trustees’ very aggressive goals related to enrollment management, fundraising, development, capital improvement and other long-term priorities to insure the viability and academic excellence of this historic institution,” said Drake. “After ten years, I have largely accomplished those major goals. Only the pharmacy school project remains and with the shift of that project to now become a partnership with another institution, I feel my work on this initiative from concept to date is complete and now is the time to move on.”
Under Drake’s presidency the College has realized many accomplishments, including:
- more than doubled student enrollment
- received the largest capital and planned gifts in the history of the College
- consistently balanced the budget without taking a return from the endowment
- acquired and developed 100 contiguous acres, doubling the size of main campus
- constructed the Anne Hart Raymond Center and the Learning Resource Center resulting in nearly 100,000 square feet of state-of-the-art classrooms, labs, office and auditoriums
- received approval from the Southern Association of Colleges and Universities for a level change from a baccalaureate to a master’s degree granting institution
- expanded curriculum and degree offerings including the Masters of Business Administration
- launched Midway College Online programs
- developed Midway College off site campuses in Lexington, Radcliff and Somerset
- negotiated articulation agreements with five community colleges of the Kentucky Community College and Technical System to offer degree completion programs on those campuses
“It has been a privilege to work alongside a staff and faculty unselfishly invested in the mission of the College, ” said Drake. “It has been an inspiration to witness the determination and achievement of our diverse student body and it has been humbling to advance the legacy of Midway College with the support of alumni, friends and donors.”
Drake is committed to a seamless transition of responsibilities to insure the College’s continued success.