![]() , who died of natural causes at 99, and Dr. Over the summer, it lost former presidents Dr. ![]() Traber's ouster will cap a particularly difficult year at Baylor, one of the city's most esteemed institutions. Butler was Baylor's president from 1979 to 1996. 1 and said it will launch a national search for a permanent replacement at that time. William Butler, 76, interim president effective Dec. Because he is staying on, there is no severance package. Under the terms of the deal, he will continue as president emeritus, professor of medicine and consultant to the board.īaylor will pay Traber roughly $4.5 million to buy out the remainder of his contract, which runs through 2013. Traber, 53, was not available for comment after the meeting. The school has had significant turnover since the Methodist split and is currently in serious talks with Rice University about a possible merger. Highly placed sources previously told the Chronicle that the change was necessary because of seemingly endless turmoil and shaky finances at the private medical college.
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