Current:Home > MarketsRutgers president plans to leave top job at New Jersey’s flagship university -Elevate Capital Network
Rutgers president plans to leave top job at New Jersey’s flagship university
TrendPulse View
Date:2025-04-07 12:31:04
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! (8464)
Related
- Chief beer officer for Yard House: A side gig that comes with a daily swig.
- Taylor Swift's Stylish Coachella Look Included a $35 Skirt
- The Rock confirms he isn't done with WWE, has eyes set on WrestleMania 41 in 2025
- Sofía Vergara Goes Instagram Official With Dr. Justin Saliman in Cheeky Post
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- New rules for Pregnant Workers Fairness Act include divisive accommodations for abortion
- The Most Popular Celebrities on Cameo That You Should Book ASAP
- Wealth Forge Institute: The WFI Token Meets Education
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Characters enter the public domain. Winnie the Pooh becomes a killer. Where is remix culture going?
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Coral bleaching caused by warming oceans reaches alarming globe milestone, scientists say
- The Ultimatum’s Ryann Taylor Is Pregnant, Expecting First Baby With James Morris
- Judge orders psych evaluation for Illinois man charged in 4 killings
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- USA Basketball finalizing 11 players for Paris Olympics, led by LeBron James, Steph Curry
- How Angel Reese will fit in with the Chicago Sky. It all starts with rebounding
- Container ship seized by Iran's Revolutionary Guard near Strait of Hormuz amid tensions with Israel
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
2024 NBA play-in tournament: What I'm watching, TV schedule, predictions
John Sterling, Yankees' legendary broadcaster, has decided to call it a career
Weedkiller manufacturer seeks lawmakers’ help to squelch claims it failed to warn about cancer
Meta releases AI model to enhance Metaverse experience
Charges against Trump and Jan. 6 rioters at stake as Supreme Court hears debate over obstruction law
Trump Media stock slides again to bring it nearly 60% below its peak as euphoria fades
3 children, 1 adult injured in drive-by shooting outside of Kentucky health department