Dale Chapman rehired as president of Lewis and Clark Community College less than 3 months after he retired
St. Louis Post-Dispatch
August 12, 2010
Dale Chapman, who retired as president of Lewis and Clark Community College in May, will return to the post on Monday.
The college's board of trustees approved Chapman's reappointment in a 5-0 vote Tuesday night.
Chapman had retired effective May 31 and said at the time he needed to access his state retirement fund to resolve serious financial matters.
He said there was no way other than retirement to withdraw the money.
A foreclosure suit on his home in Alton was recently dismissed at the request of Regions Bank, the mortgage lender.
Chapman said he and his wife, Linda, bought land and built a retirement home in Massachusetts several years ago but its value plummeted to less than they owed on it and they had to borrow more money to avoid losing the property.
Linda Chapman is the college's vice president of academic affairs and did not resign.
Gary Ayres has served as acting president of the college since Dale Chapman's retirement. He will return to his duties as the college's vice president of administration.