In 2008, Daniel resigned under allegations of unjustified spending; a state audit found that Daniel spent $15,000 that was expensed as a "leadership conference" on a family cruise instead.[11] When the board of trustees began a search for her replacement, all but two of the faculty members who served on the search committee resigned in protest feeling their concerns were not addressed. Part of their concerns included a graduation rate of only 16.2 percent (as of 2007) and inadequate infrastructure.[12][11] On April 29, 2009, the board of trustees appointed retiring City Colleges of Chicago chancellor Wayne Watson as Chicago State's new president.