Statement Regarding Phi Kappa Psi Fraternity Operations

Phi Kappa Psi Fraternity is announcing a significant restructuring of its headquarters operations in order to better improve its financial performance.  This restructuring, unfortunately, requires a significant reduction in personnel, including Executive Director Mark Guidi.

President Shannon Price said, “We deeply appreciate the talents and dedication that Mark provided to Phi Kappa Psi and will miss his leadership.”

The fraternity is also announcing the cancellation of its Woodrow Wilson Leadership School this June.  District Council meetings and the election of Archons will be postponed until the fall.

Treasurer David Moyer said, “While these reductions are painful, Phi Kappa Psi will become a financially stronger fraternity because of these difficult decisions.”

Phi Kappa Psi will continue to update its members and other stakeholders as more developments occur.