Current:Home > MarketsRutgers president plans to leave top job at New Jersey’s flagship university -Streamline Finance
Rutgers president plans to leave top job at New Jersey’s flagship university
View
Date:2025-04-28 10:05:15
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! (2728)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Louisville police are accused of wrongful arrest and excessive force against a Black man
- AP Week in Pictures: Latin America and Caribbean
- Former federal agent sentenced to over 8 years for his role in illegal painkiller trafficking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Kylie Jenner & Jordyn Woods’ Fashion Week Exchange Proves They’re Totally Friends Again
- New home sales jumped in 2023. Why that's a good sign for buyers (and sellers) in 2024.
- Kylie Jenner & Jordyn Woods’ Fashion Week Exchange Proves They’re Totally Friends Again
- Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
- U.S. sets plans to protect endangered whales near offshore wind farms; firms swap wind leases
Ranking
- Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
- Truly's new hot wing-flavored seltzer combines finger food and alcohol all in one can
- The top UN court is set to issue a preliminary ruling in South Africa’s genocide case against Israel
- Georgia lawmakers consider bills to remove computer codes from ballots
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Lions vs. 49ers NFC championship game weather forecast: Clear skies and warm temperatures
- Lions vs. 49ers NFC championship game weather forecast: Clear skies and warm temperatures
- Puerto Rico averts strike at biggest public health institution after reaching a deal with workers
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
EPA: Cancer-causing chemicals found in soil at north Louisiana apartment complex
GM’s Cruise robotaxi service targeted in Justice Department inquiry into San Francisco collision
Billy Joel back on the road, joining Rod Stewart at Cleveland Browns Stadium concert
The Daily Money: Spending more on holiday travel?
Kansas City Chiefs' Isiah Pacheco runs so hard people say 'You run like you bite people'
A Pennsylvania law shields teacher misconduct complaints. A judge ruled that’s unconstitutional
Watch: Lionel Messi teases his first Super Bowl commercial