Local management consultant Art Rebrovick has been hired to administer a financially troubled private college in Bristol, Va., and could preside over its closing.
The board of trustees of Virginia Intermont College on Monday accepted the resignation of President Clorisa Phillips and appointed Rebrovick, who is CEO of Compass Executives, to be interim president and restructuring agent. The board said Virginia Intermont's future is unknown at this point and students have been getting help to put them in a position to continue their studies elsewhere.
"Art has already been a huge help in guiding us through this past month of operations," said Board of Trustees Chairman Kathleen O’Brien. "He has been on site several times to meet with staff, and has a good understanding of the issues at hand. His business acumen and expertise will help us determine the next best course of action. The Board of Trustees will work with Art to find the best possible solution that hopefully provides a future for some or all of the college."
Virginia Intermont had an enrollment of about 500 in the fall of 2012. The private, four-year school was founded in 1884 and is accredited by the State Council for Higher Education in Virginia. But that accreditation is set to expire July 1 and TriCities.com reports that summer classes were canceled recently. Rebrovick is scheduled to meet with faculty and staff later today.