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Derek Bok, the president of Harvard University for two decades, has announced that he will step down next year.

The 60-year-old Mr. Bok said his departure was timed to coincide with the beginning of a new capital-improvements fund-raising campaign. The university is also searching for a new dean of the faculty to replace Michael Spence, who recently left for Stanford University. Mr. Bok said his replacement should appoint Mr. Spence's successor.

Mr. Bok is credited with leading the drive to enlarge the endowment of the 354-year-old university and with introducing a new core curriculum for undergraduates.

Gloria Chernay has been named execu6tive director of the Association of Teacher Educators.

Ms. Chernay, currently director of constituent services for the Council on Postsecondary Accreditation, will assume her new responsibilities on Sept. 1.

The ate represents teacher educators at approximately 650 colleges and universities and in some 500 school systems across the country.

The Committee for Economic Development, a 250-member nonprofit research and education organization, has named Sol Hurwitz its new president.

Mr. Hurwitz has been affiliated with the ced since 1966 and most recently served as its senior vice president. He succeeds Robert C. Holland, who is retiring from the position after 14 years.

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