After a 10-year term, Yale School of Nursing Dean Margaret Grey YSN ’96 will step down from the post in August 2015.

In an open letter to the YSN community on July 16, Grey wrote that she intends to return to her research and teaching following the first sabbatical of her 40-year academic career.

Prior to becoming dean in September 2005, Grey served as YSN’s associate dean for scholarly affairs.

The school’s endowment increased to nearly $100 million under Grey’s leadership. She also established the school’s nursing PhD along with Doctor of Nursing Practice programs, oversaw administrative restructuring, and expanded student access to financial aid. Most recently, Grey managed YSN’s relocation from New Haven to a renovated facility on West Campus last fall.

University President Peter Salovey will soon announce plans for a search committee to find Grey’s replacement.