"USC President C.L. Max Nikias to step down"

LAT:

"There is nothing more sacred to this board than the wellbeing of our students"

...

The cornerstone of Nikias' legacy is a $6-billion campaign launched in 2011, then described as the largest such drive in academic history. The university collected gifts and pledges to surpass the goal about 18 months ahead of schedule, according to USC. For his "exceptional progress" in the $6-billion campaign, trustees awarded Nikias a one-time $1.5-million bonus three years ago, making him the third-highest paid college president in the nation that year.