Current:Home > ContactRutgers 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:2025-04-14 22:44:26
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! (7248)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- FDNY reports no victims in Bronx partial building collapse
- Kenya marks 60 years of independence, and the president defends painful economic measures
- South Africa to build new nuclear plants. The opposition attacked the plan over alleged Russia links
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Taylor Swift donates $1 million to help communities ravaged by Tennessee tornadoes
- Patrick Mahomes apologizes for outburst at NFL officials, explicit comments to Bills' Josh Allen
- Prosecutors want a former Albanian prime minister under house arrest on corruption charges
- Why members of two of EPA's influential science advisory committees were let go
- The Excerpt podcast: Prosecutors ask Supreme Court to decide if Trump may claim immunity
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Turkey suspends all league games after club president punches referee at a top-flight match
- How school districts are tackling chronic absenteeism, which has soared since the COVID-19 pandemic
- ManningCast features two 'Monday Night Football' games at once: What went right and wrong
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Powerball winning numbers for December 11 drawing: $500 million jackpot awaits
- Powerball winning numbers for December 11 drawing: $500 million jackpot awaits
- Biden will meet with families of Americans taken hostage by Hamas on Wednesday at the White House
Recommendation
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
'Florida Joker' says Grand Theft Auto 6 character is inspired by him: 'GTA, we gotta talk'
Harvard faculty and alumni show support for president Claudine Gay after her House testimony on antisemitism
Bridgerton Season 3 Premiere Dates Finally Revealed
The Grammy nominee you need to hear: Esperanza Spalding
A court sets aside the South African president’s recognition of the Zulu king
RHOBH's Sutton Stracke Breaks Silence on Julia Roberts' Viral Name 'Em Reenactment
The Real Reason Vanderpump Rules' Scheana Shay Was in Tom Sandoval's Hotel Room at BravoCon