Financial challenges continue at University of Oklahoma
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February 7, 2019
NORMAN, Okla. (AP) — The condition of the University of Oklahoma's finances remains troubling, despite recovery efforts taken in the last seven months, OU's chief financial officer said in a report to the Board of Regents.
OU President Jim Gallogly asked CFO Ken Rowe to provide a status report at the regents' meeting last week, The Oklahoman reported.
"There's been a mixed message out there in the public about where we stand financially, whether in fact we do have need to change the way we do the business part of the university," Gallogly said.
Gallogly has slashed expenses and reduced staff t...
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