Man employed to be College of Louisville's CFO declines the job

LOUISVILLE, Ky. (WDRB) — The man hired last fall to be the University of Louisville’s chief financial officer will not take the position after all, U of L interim President Greg Postel told a board of trustees committee on Thursday.

Jonathan Pruitt, who was scheduled to start at U of L on Tuesday, informed the university that he decided not to take the job because of “family” reasons, Postel said, without elaborating.

Pruitt is senior vice president for finance and budget and chief financial officer at the University of North Carolina System.

Pruitt’s hiring, announced Nov. 3, was the result of “an extensive national search” led by a private firm, the university said at the time.

The reversal is a setback for U of L, which has been dealing with a dearth of permanent leaders since former President James Ramsey was pressured to resign in July 2016 after 14 years on the job.

Postel said the university will manage without Pruitt and cited the hiring of two lower-ranking financial officials as a mitigating factor. 

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