In 2003, OUSD Superintendent Dennis K. Chaconas was fired and Governor Gray Davis approved a $100 million emergency loan, the biggest school bailout in California history. Chaconas was replaced by a state-appointed administrator, Randolph E. Ward. Ward resigned in July 2006 after being appointed superintendent of the San Diego public school system. Kimberly Statham was named Ward's permanent replacement, but she resigned suddenly on September 17, 2007, ostensibly under pressure from state officials. OUSD Chief of Staff Vincent Matthews was named interim superintendent.