Former Nebraska head football coach Tom Osborne has been named interim Athletic Director.
University Chancellor Harvey Perlman holds a news conference at 5:15 p.m., which will be carried live on air and here on the Web.
Perlman announced Monday during a news conference that he had asked Athletic Director Steve Pederson to step down from the post he had held since January 2003.
Perlman said he believed Pederson was no longer positioned to move the NU Athletic Department forward.
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