Current:Home > StocksRutgers president plans to leave top job at New Jersey’s flagship university -TradeStation
Rutgers president plans to leave top job at New Jersey’s flagship university
View
Date:2025-04-17 08:53:45
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! (721)
Related
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Adrian Beltré to have Rangers logo on baseball Hall of Fame plaque. No team emblem for Jim Leyland
- 'No words': Utah teen falls to death after cliff edge crumbles beneath him
- Bill Cosby sued for alleged 1986 sexual assault of teen in Las Vegas hotel
- Senate begins final push to expand Social Security benefits for millions of people
- NHL players will be in next two Winter Olympics; four-nation tournament announced for 2025
- Why is Mayorkas being impeached? What to know about the House's push to punish the DHS secretary
- MAGA says Taylor Swift is Biden plant. But attacking her could cost Trump the election.
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Shirtless Jason Kelce celebrating brother Travis gets Funko Pop treatment: How to get a figurine
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Report: Feds investigating WWE founder Vince McMahon sex-trafficking allegations
- 'Barbie' music producer Mark Ronson opens up about the film's 'bespoke' sound
- Guitarist Wayne Kramer, founding member of the MC5, dead at 75
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- The RNC chairwoman calls for unity as the party faces a cash crunch and attacks by some Trump allies
- Bruce Springsteen Mourns Death of Mom Adele With Emotional Tribute
- Oklahoma rattled by shallow 5.1 magnitude earthquake
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Arkansas police chief accused of beating, stranding suspect in rural area, faces kidnapping charge
Top Chef's Kristen Kish talks bivalves, airballs, and cheese curds
Time loop stories aren't all 'Groundhog Day' rip-offs. Time loop stories aren't all...
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
US bolsters defenses around Jordan base as it readies strikes in response to drone attack
You Won't Believe What Austin Butler Said About Not Having Eyebrows in Dune 2
Target stops selling product dedicated to Civil Rights icons after TikTok video shows errors