Current:Home > NewsRutgers president plans to leave top job at New Jersey’s flagship university -MoneyStream
Rutgers president plans to leave top job at New Jersey’s flagship university
Fastexy Exchange View
Date:2025-04-09 12:00:25
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! (91716)
Related
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Texas police department apologizes for pulling gun on family over mistaken license plate
- Watch a fire whirl vortex race across the Mojave Desert as a massive wildfire rages through the West
- Impeached Texas AG Ken Paxton seeks to have most charges dismissed before September trial
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Body discovered inside a barrel in Malibu, homicide detectives investigating
- This Long Sleeve Top From Amazon Is the Ideal Transitional Top From Summer To Fall
- Cowboys running back Ronald Jones suspended 2 games for PED violation
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Gigi Hadid’s Daughter Khai Looks So Grown Up With Long Hair in New Photos
Ranking
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Norfolk Southern changes policy on overheated bearings, months after Ohio derailment
- Brightly flashing ‘X’ sign removed from the San Francisco building that was Twitter’s headquarters
- Environmental groups say they’ll sue to block Virginia from leaving greenhouse gas compact
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Parts of New England, including Mount Washington, saw record rain in July
- Kylie Minogue Weighs In on Miranda Lambert's Frustration Over Fans Taking Selfies During Concerts
- Record monthlong string of days above 110 degrees finally ends in Phoenix
Recommendation
Meta donates $1 million to Trump’s inauguration fund
A teacher was caught on video abusing students. Her district is settling for over $11 million
Environmental groups say they’ll sue to block Virginia from leaving greenhouse gas compact
Trader Joe's issues third recall, saying falafel might contain rocks
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Architect accused in Gilgo Beach serial killings is due back in court
New Jersey Lt. Gov. Sheila Oliver still hospitalized, Scutari is acting governor
Looking to transfer jobs within the same company? How internal transfers work: Ask HR