Chancellor James Leutze said he plans to retire in June 2003.
Leutze also served as a history professor at UNC-Chapel Hill for 19 years.
"I want to retire while I still have the energy and enthusiasm to do something else," he said.
Leutze said he does not know what that "something else" is yet but that it will be something in the area of public affairs.
He said that he plans to stay in Wilmington and that economics, education and the environment are issues that he hopes to work with.
He also said the time seemed right for him to leave because UNC-W is looking for a new provost.
He said if he were to select the new provost, he would have to make a three- to five-year commitment to the university so the provost would know who he was going to be working with.
Leutze said leaving next summer would allow the new chancellor to choose a provost.
"I have really enjoyed the students and the community here," he said.