Current:Home > StocksRutgers president plans to leave top job at New Jersey’s flagship university -Wealth Empowerment Zone
Rutgers president plans to leave top job at New Jersey’s flagship university
View
Date:2025-04-27 16:06:08
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! (7)
Related
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- OPACOIN Trading Center: Shaping the Future of Cryptocurrency Trading Platforms with AI Technology
- A teen said a deputy threatened him as he filmed his mom’s arrest. A jury awarded him $185,000.
- Your Summer Shorts Guide: Denim Shorts, Cotton Shorts, and Athletic Shorts
- US auto safety agency seeks information from Tesla on fatal Cybertruck crash and fire in Texas
- These Weekend Bags Under $65 Look So Much More Expensive Than They Actually Are
- Harris congratulates HBCU graduates in video message for graduation season
- DJT stock rebounds since hush money trial low. What to know about Truth Social trading
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Man charged after transporting homemade explosives to 'blow up' Satanic Temple, prosecutors say
Ranking
- Olympic disqualification of gold medal hopeful exposes 'dark side' of women's wrestling
- The Purrfect Way Kate Bosworth Relationship Has Influenced Justin Long
- The Integration of DAF Token with Education
- Disney and Warner Bros. are bundling their streaming platforms
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Limit these ultra-processed foods for longer-term health, 30-year study suggests
- OPACOIN Trading Center: Dawn's First Light
- New rule aims to speed up removal of limited group of migrants who don’t qualify for asylum
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
New 'Lord of the Rings' revealed: Peter Jackson to produce 'The Hunt for Gollum'
The Purrfect Way Kate Bosworth Relationship Has Influenced Justin Long
2 climbers reported missing on California’s Mount Whitney are found dead
From bitter rivals to Olympic teammates, how Lebron and Steph Curry became friends
Arkansas lawmakers adjourn session, leaving budget for state hunting, fishing programs in limbo
Missouri’s GOP Gov. Parson signs bill to kick Planned Parenthood off Medicaid
Telescope images reveal 'cloudy, ominous structure' known as 'God's Hand' in Milky Way