Disqualify him from being a professor? He’s still a tenured full professor with a nice salary. He’s just no longer in charge of all research at the university.
Otherwise, I have no background or in fact interest about whether or not Steve Hsu was a good VP of research and innovation. The reason given for why he's being fired for this position has nothing to do with his performance, good or bad, and has everything to do with his research. Since he his tenured, they can't fire him for his research, so they found an other way to punish him. That's low.