At the Board
Archived article from Sep 6, 2004
By Ashanti M. Alvarez
The Rutgers Board of Governors took the following actions at its June 10 meeting:
New officers named The board elected Albert R. Gamper Jr. to a one-year term as chairman. He succeeds Gene O’Hara, who will remain on the board. Ronald W. Giaconia was elected vice chair of the board. Leslie Fehrenbach was re-elected secretary and Catherine Cahill was re-elected assistant secretary. Gamper was inducted as a member of the board in 1997 and named its vice chair in 2001. He is a member of Rutgers’ board of trustees and a former member of the board of overseers of the Rutgers University Foundation. Gamper is chairman of the board of CIT Group Inc., a leading commercial and consumer finance company based in Livingston. He is a 1966 graduate of University College-Newark.
Spending on capital projects approved The board approved borrowing $95 million to pay for new construction projects.
• A $51 million student housing complex in Newark will house 600 students, doubling the number of on-campus residents. The 13-story building will be located at University and Central avenues and feature retail shops and restaurants on the ground level.
• The new College of Nursing learning center will serve more than 250 students at the New Brunswick-Piscataway campus. The $8 million project is slated for completion in 2006.
• A $31 million facility in Camden will be an expansion of the current law school building and should be completed by 2007.
Endowed chairs, new faculty positions The board approved the creation of two chairs, one named after a prominent New Jersey businessman and one bearing the name of the man spearheading a successful fund-raising drive. The Thomas A. Renyi Senior Faculty Scholar in Banking at Rutgers Business School-Newark and New Brunswick will convert to a Chair in Banking once a $1 million testamentary gift is realized. Renyi is the chairman and CEO of The Bank of New York and has already endowed the scholar position with a $1 million gift. The James Cullen Chair in Economics was created to recognize the chair of The Rutgers Campaign, a six-year fundraising campaign that has raised nearly $600 million. James G. Cullen, a former president of Bell Atlantic (now Verizon), is a national expert on telecommunications policy. The board also named Dunbar P. Birnie III, who joined the university in July 2003, to the Corning-Saint Gobain Malcolm G. McLaren Chair in Ceramic Engineering. Gary A. Rendsberg, formerly of Cornell University, joined the Jewish Studies faculty this summer as the Blanche and Irving Laurie Chair. Statistics professor Lawrence A. Shepp was named Board of Governors professor.
The board of governors took the following actions at its July 9 meeting:
New board members named Chairman Albert Gamper announced four new members appointed to the board of governors. Board of trustees member Patricia Nachtigal was named to the board of governors. Nachtigal, a senior vice president and general counsel with Ingersoll-Rand Corp., will serve on both boards. She replaces Dean Paranicas, who served on the Board of Governors since 1998. Gov. James E. McGreevey appointed Newark pastor Dr. M. William Howard Jr. to the board of governors. Howard is pastor at Bethany Baptist Church, the largest Baptist congregation in Newark. He was previously president of the New York Theological Seminary. Chemistry Professor Martha Cotter became a faculty representative to the board in her capacity as chair of the University Senate.
Renovations to administrative building The Administrative Services Building II on Route 1 in New Brunswick will be renovated at a cost of $10.7 million, the board members unanimously voted. About 90 percent of the project’s cost will be financed through university bonds. Gamper said the renovations will allow the building, which used to house a HIP health clinic, to house several features, including mail and document services, human resources and a resource center for the New Jersey Agricultural Experiment Station.
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