Current:Home > MarketsRutgers president plans to leave top job at New Jersey’s flagship university -InvestPioneer
Rutgers president plans to leave top job at New Jersey’s flagship university
View
Date:2025-04-18 00:37:05
The embattled president of Rutgers University announced Tuesday that he will step down next year after a tenure that has included contending with the COVID-19 pandemic, overseeing the university’s first-ever strike and surviving a no-confidence vote by the faculty senate.
Jonathan Holloway, 57, who became the first Black president of New Jersey’s flagship institution of higher learning when he took office in the summer of 2020, said he will leave office when the current academic year ends June 30. He then plans to take a yearlong sabbatical before returning to the university as a fulltime professor.
“This decision is my own and reflects my own rumination about how best to be of service,” Holloway wrote in a statement posted on the university’s website. Holloway said that he notified the chairwoman of the Rutgers Board of Governors about his plans last month.
Holloway currently receives a base salary of $888,540 and bonus pay of $214,106 for a total of more than $1.1 million a year. He will receive his full salary during his sabbatical, school officials said.
Holloway began his tenure in the throes of the COVID-19 pandemic, as students were returning to campus from lockdown, and also dealt with the first faculty strike in school history last year, when thousands of professors, part-time lecturers and graduate student workers hit the picket lines. He also faced a largely symbolic no-confidence vote by the faculty senate in September 2023 and received national scrutiny earlier this year from Republican lawmakers for his decision to end a pro-Palestinian encampment through negotiations rather than police force.
Founded in 1766, Rutgers has nearly 68,000 students in its system.
School officials said Tuesday that they plan to conduct a national search to find the university’s next president. They noted that during Holloway’s presidency, Rutgers broke records in undergraduate admissions, climbed significantly in national rankings and exceeded its fundraising goals.
veryGood! (991)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- California State University student workers vote to unionize, creating largest such union in country
- Single-engine plane crash in southern Ohio kill 3, sheriff’s office says; FAA, NTSB investigating
- Alabama Senate OKs bill targeting college diversity efforts
- All That You Wanted to Know About She’s All That
- Department of Defense says high-altitude balloon detected over Western U.S. is hobbyist balloon
- 'Wait Wait' for February 24, 2024: Hail to the Chief Edition
- Shop Madewell's Best-Sellers For Less With Up To 70% Off Fan-Favorite Finds
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- 'Real Housewives of Atlanta' star Porsha Williams files for divorce from Simon Guobadia
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Louisiana advances a bill expanding death penalty methods in an effort to resume executions
- Ahead of South Carolina primary, Trump says he strongly supports IVF after Alabama court ruling
- Boyfriend of Ksenia Khavana, Los Angeles ballet dancer detained in Russia, speaks out
- Tom Holland's New Venture Revealed
- Don't screw it up WWE: Women's championship matches need to main event WrestleMania 40
- How pop-up bookstore 18 August Ave helps NY families: 'Books are a necessity to learn and grow'
- Illinois judge who reversed rape conviction removed from bench after panel finds he circumvented law
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
LeBron scores 30 points, Davis handles Wembanyama’s 5x5 effort in Lakers’ 123-118 win over Spurs
Professional bowler arrested during tournament, facing child pornography charges
Cleats left behind after Jackie Robinson statue was stolen to be donated to Negro League Museum
Taylor Swift makes surprise visit to Kansas City children’s hospital
Lulus’ Buy 3-Get-1 Free Sale Includes Elegant & Stylish Dresses, Starting at $15
Kouri Richins' hopes of flipping Utah mansion flop after she is charged in the death of her husband Eric
New Jersey beefs up its iconic Jersey Shore boardwalks with $100M in repair or rebuilding funds