Regents take no action after meeting on UNM president's fate

ALBUQUERQUE, N.M. (AP) — The University of New Mexico Board of Regents called a special meeting to discuss possibly suspending or firing UNM President Bob Frank, but wound up taking no action. Wednesday's 3 ½-hour meeting was the latest development between Frank and the regents, who met last week in closed session for two hours. Frank has been UNM president since June 2012. He announced in September that he won't seek to renew his contract when it ends on May 31, 2017. If the regents pursue termination, Frank would receive a statement explaining the grounds for his firing and be given a chance to respond in writing to the notice within 30 days. To fire Frank, a majority of the seven regents must vote to do so.