That's a concern of mine as well. I have no idea what the new president is like, but he does come from small D2 and DII schools. I doubt they're looking to de-emphasize or scale back, but I highly doubt Manhertz would be looking to get out if everything was going well.
He's done some good things in his time at SBU. If Manhertz were leaving for a top mid-major program or a bigger conference, then no problem, but to end up at Colgate is alarming.
Do they hate the area and culture of Bona? Is the BoT not buying in? It just seems odd all around. I can't imagine Colgate has any aspirations at improving their profile above what they are at now.
I spoke to a member of the BoT the summer before JM was hired, and while he would not tell me who they hired, they should you would be very excited about the new AD's pedigree. Everyone from Syracuse U seems to think the world of him. Same with people from his high school in Rochester.