Loyola University President stepping down

[tornado]

"Rev. Michael Garanzini is stepping down as president of Loyola University..."

"Under Garanzini, the university regained its financial footing, and its endowment nearly doubled.
A $500 million capital campaign was completed early, according to the statement.
There also was significant growth in enrollment and a transformation of the university's four campuses."


Garanzini is 66 years old, and has been President of Loyola since 2001.
His bio says - "During Garanzini's tenure as President of Loyola University Chicago, he has brought the University
out of debt in only a few years. He has also initiated a series of construction projects on both of Loyola's city campuses."

http://www.chicagotribune.com/news/local/breaking/ct-loyola-university-president-met-20150319-story.html

[tornado]

Loyola hires a new President, Jo Ann Rooney
it is their first President ever who was not an ordained Catholic priest, and their first woman President
It is the 6th different position (2 in the Obama administration, 3 as head of universities, and one private position with a consulting lobbyist group) that she has served in since 2010.

http://www.chicagotribune.com/news/ct-loyola-university-president-20160523-story.html

[algotrader]

"Under Garanzini, the university regained its financial footing, and its endowment nearly doubled.

Yeah but to do so, Loyola had to start taking anyone who applied for a few years. Their acceptance rate went sky high to something like 85-90%.

Basically, unless you were a totally and completely brainless, if you applied to Loyola you got in. It has gone back to normal now that they've grabbed all that money 8-)