EVANSTON, Ill. - Northwestern University President Michael Schill announced Thursday he will step down after three years leading the Evanston-based institution.

What we know:

In a statement , Schill said he will remain in the role until an interim president is named and will assist with the leadership transition.

Afterward, he plans to take a sabbatical before returning to the Northwestern Pritzker School of Law to teach and conduct research.

"It has been my profound honor to serve as President of Northwestern University," Schill wrote. "As I reflect on the progress we have made and what lies ahead, I believe now is the right time for new leadership to guide Northwestern into its next chapter."

During his tenure, Schill cited progress in teaching and research, record levels of fun

See Full Page