Jacksonville University President Tim Cost will step down from the top slot at the private college on the First Coast next year, but will remain heavily involved in the institution.

JU announced that Cost has agreed to leave the presidency and become Chancellor of the school in the Summer. Cost took over as President of JU 14 years ago

An alum who was a JU Dolphin baseball player and standout pitcher when he attended the school more than four decades ago, Cost left an executive position with PepsiCo and took the helm at the campus on the banks of the St. Johns River in Northeast Florida.

“President Cost’s exemplary leadership over the past 14 years has transformed our university in remarkable ways,” said Jacksonville University Board of Trustees Chair John Miller .

“Under

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