Current:Home > reviewsRutgers president plans to leave top job at New Jersey’s flagship university -MoneySpot
Rutgers president plans to leave top job at New Jersey’s flagship university
View
Date:2025-04-13 16:31:47
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! (441)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- ESPN's Troy Aikman blasts referees for 'ridiculous' delay in making call
- Marvel mania is over: How the comic book super-franchise started to unravel in 2023
- Three gun dealers sued by New Jersey attorney general, who says they violated state law
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Fed expected to stand pat on interest rates but forecast just two cuts in 2024: Economists
- N.Y. has amassed 1.3 million pieces of evidence in George Santos case, his attorney says
- Chargers QB Justin Herbert will miss rest of season after undergoing surgery on broken finger
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- New Polish Prime Minister Donald Tusk is sworn in with his government
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Pregnant Bhad Bhabie Reveals Sex of Her First Baby
- Marvel mania is over: How the comic book super-franchise started to unravel in 2023
- Why George Clooney Is at a Tactical Disadvantage With His and Amal Clooney's Kids
- Sonya Massey's father decries possible release of former deputy charged with her death
- Amy Robach and T.J. Holmes Are Avoiding Toxic Gossip Amid Their Exes' New Romance
- Inflation cools again ahead of the Federal Reserve's final interest rate decision in 2023
- Two indicted in Maine cold case killing solved after 15 years, police say
Recommendation
Meta donates $1 million to Trump’s inauguration fund
Guy Fieri talks Super Bowl party, his son's 'quick engagement' and Bobby Flay's texts
For The Eras Tour, Taylor Swift takes a lucrative and satisfying victory lap
South Dakota vanity plate restrictions were unconstitutional, lawsuit settlement says
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Leaders of Guyana and Venezuela to meet this week as region worries over their territorial dispute
Lawsuit challenges Alabama inmate labor system as ‘modern day slavery’
New, stronger climate proposal released at COP28, but doesn’t quite call for fossil fuel phase-out