Student aid agency director placed on leave

SPRINGFIELD — The executive director of the Illinois Student Assistance Commission has been placed on paid leave.

The newly installed board of the commission voted Friday to oust Andrew Davis.

Gov. Pat Quinn named five new members to the 10-member board on Thursday.

The commission has been under fire for its management style and for a continuing deficit in the College Illinois prepaid tuition program.

Davis says he’s negotiating with commissioners on the terms of his departure. He had run the agency since 2007. He’ll continue to be paid his $198,000 a year salary.

John Sinsheimer, former chief financial officer of ISAC, has been appointed interim executive director.

In May, Quinn removed Don McNeil as chairman of the commission and replaced him with Kym Hubbard of the accounting firm Ernst & Young.