University of Akron President Matthew Wilson plans to return to the university's faculty ranks this summer.

AKRON  Matthew Wilson has announced that he plans to step down as president of the University of Akron in July to return the ranks of the university’s faculty.

Roland Bauer, chairman of the University of Akron’s Board of Trustees, announced in a news release Thursday that Wilson has informed the board that he plans to re-join the faculty of the university’s School of Law, effective July 31.

“The board very much appreciates the time, energy and leadership President Wilson has provided to the university, as we have made significant progress on many different fronts to address the challenges we faced,” Bauer said in the release. “He has put in place a number of initiatives that help distinguish UA and have moved us in the right direction. We respect his decision and wish him and his family well in this next chapter of their lives.”

Bauer said the board will work with university leadership officials to ensure a smooth transition and will meet with representatives of key university constituencies to gain input on the appointment of an interim president.

Wilson’s announcement to return to the faculty ranks, at a substantially reduced salary, comes nearly two weeks after he was eliminated from consideration as president-elect of the University of Central Florida. Wilson, who previously lived in the Orlando area, had been among four finalists for the job.

He was appointed as the University of Akron’s 17th president in October 2016 after serving as interim president for roughly three months and as dean of the university’s law school since 2014. His contract as president was to expire June 30, 2023.

In a letter to the campus, Wilson said his decision was based on a host of personal and family considerations. He noted that the job has been demanding, especially as the family was helping his son successfully fight through a battle with an aggressive pediatric cancer.

Wilson said he is proud of the accomplishments that have been made over his tenure amid the university’s challenging circumstances.

“As I look back over my past four years at UA, it truly has been an honor to dedicate my heart, strength, soul, and mind to serving the institution in an effort to assist students, stabilize matters, overcome challenges, generate new opportunities, and lead UA to even greater heights,” he wrote.