Current:Home > InvestRutgers president plans to leave top job at New Jersey’s flagship university -Mastery Money Tools
Rutgers president plans to leave top job at New Jersey’s flagship university
View
Date:2025-04-16 12:49:03
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! (339)
Related
- USA men's volleyball mourns chance at gold after losing 5-set thriller, will go for bronze
- Biden is trying to balance Gaza protests and free speech rights as demonstrators disrupt his events
- Eileen Gu chooses ‘All of the Above’ when faced with choices involving skiing, Stanford and style
- Barcelona loses thriller with Villarreal, falls 10 points behind Real Madrid
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- A Republican state senator who’s critical of Trump enters race for New Jersey governor
- Trump praises Texas governor as border state clashes with Biden administration over immigration
- Biden offers fresh assurances he would shut down border ‘right now’ if Congress sends him a deal
- Boy who wandered away from his 5th birthday party found dead in canal, police say
- Massachusetts man wins Keno game after guessing 9 numbers right
Ranking
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- Lionel Messi and the World Cup have left Qatar with a richer sports legacy
- As a boy he survived the Holocaust — then fell in love with the daughter of a Nazi soldier. They've been married 69 years.
- WWE's Vince McMahon resigns after being accused of sex trafficking, assault in lawsuit
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Environmental officials working to clean up fuel after fiery tanker truck crash in Ohio
- The world’s largest cruise ship begins its maiden voyage from the Port of Miami
- Will other states replicate Alabama’s nitrogen execution?
Recommendation
Kourtney Kardashian Cradles 9-Month-Old Son Rocky in New Photo
Massachusetts man wins Keno game after guessing 9 numbers right
The Shocking True Story Behind American Nightmare: What Really Happened to Denise Huskins
UN chief calls on countries to resume funding Gaza aid agency after allegations of militant ties
Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
Kentucky parents charged with manslaughter after 3-year-old fatally shoots 2-year-old brother
The Shocking True Story Behind American Nightmare: What Really Happened to Denise Huskins
Nitrogen gas execution was textbook and will be used again, Alabama attorney general says