In May 1996, UW–Parkside was granted professional accreditation of its School of Business by the Association to Advance Collegiate Schools of Business (AACSB). In the Fall of that year, International Business Machines (IBM) donated an AS/400 computer worth $353,000 to UW–Parkside as part of a program to increase the number of employees with experience on the server. The computer was integrated into the management information systems curriculum in the Department of Business. Chancellor Smith resigned in May 1997 after three years in the post, and Gordon Lamb, president emeritus of Northeastern Illinois University in Chicago, was named interim chancellor by UW System President Katharine Lyall. The university's fifth chancellor, John Keating, previously provost of the University of Alaska-Fairbanks, began his tenure on July 1, 1998.