A University of Michigan dean will be leaving her post at the school's Dearborn campus to become Eastern Michigan University's second in command.

Kim Schatzel has been named provost and vice president at EMU and will assume her new leadership role Jan. 3, as long as her appointment is approved at a Dec. 15 Board of Regents meeting.

Schatzel serves as the business school dean at U-M Dearborn, a position she has held since 2008. Before becoming dean, Schatzel was founding president and CEO of ICM/Krebsoge, a manufacturer that employs about 1,400 workers. She is also a marketing professor at U-M's Stephen M. Ross School of Business.

Her salary will be $275,000, a 20 percent increase from her current $218,400 salary at U-M.

Schatzel said that her business background gives her an increased awareness "of the serious financial challenges facing institutions of higher education in Michigan.”

EMU specifically has been experiencing the effects of such challenges. The school is facing a growing multimillion dollar shortfall and was recently told by an auditing firm that it relies too heavily on tuition dollars.

Schatzel has a doctorate in business administration from Michigan State University and a bachelor's degree in economics and biology from Washington University in St. Louis, Missouri.

As provost, Schatzel will lead EMU's Division of Academic Affairs and its more than 200 degree programs in five colleges.

EMU's former provost Jack Kay resigned in June, citing personal reasons. Kay returned to the classroom as a professor in the Ypsilanti school's Department of Communication, Media and Theatre Arts.

EMU interviewed six top candidates for the provost position by telephone in late September and early October. By mid-October, the school brought in three leading candidates to interview with EMU President Susan Martin and the provost search committee in person.

Schatzel beat out fellow finalists David Dauwalder, provost at the University of New Haven, and Cameron Hackney, special assistant to the provost at West Virginia University.

Read Schatzel's cover letter and resume here.

Kellie Woodhouse covers higher education for AnnArbor.com. Reach her at kelliewoodhouse@annarbor.com or 734-623-4602 and follow her on twitter.