Bloomberg02 September 2012 Issue No:237
Yale University President Richard C Levin, the longest-serving leader in
the Ivy League, said he will retire at the end of the current academic
year, writes Janet Lorin for Bloomberg.
An economist, Levin has been a member of Yale’s faculty since he received his PhD at the New Haven, Connecticut, university in 1974. Levin (65) became president in 1993. He helped make Yale’s endowment – valued at $19.4 billion in June 2011 – the second largest in higher education, behind Harvard University.
After completing a fundraising campaign, beginning construction on a new business school building, establishing a campus in Singapore and other endeavours, the timing was a “natural juncture”, Levin said in an interview last week. Decisions about the next slate of buildings, at a cost of about $1 billion, should be made by the next president, he said.
An economist, Levin has been a member of Yale’s faculty since he received his PhD at the New Haven, Connecticut, university in 1974. Levin (65) became president in 1993. He helped make Yale’s endowment – valued at $19.4 billion in June 2011 – the second largest in higher education, behind Harvard University.
After completing a fundraising campaign, beginning construction on a new business school building, establishing a campus in Singapore and other endeavours, the timing was a “natural juncture”, Levin said in an interview last week. Decisions about the next slate of buildings, at a cost of about $1 billion, should be made by the next president, he said.
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