NEW BRUNSWICK,  NJ - Rutgers University announced that Christopher Molloy, a long-time university administrator who has held several key positions, now has been appointed chancellor of the New Brunswick campus at Rutgers.

Molloy had been serving as interim chancellor since late July, when his predecessor, Debasish "Deba" Dutta, suddenly resigned after one year in the post.

"Dr. Molloy is a strong and steady leader who brings a deep understanding of the institution to every discussion about its future," Rutgers President Robert Barchi said in a statement released to the university community on Wednesday.

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"He has embraced the challenges of the chancellorship and has expressed a forward-looking vision that will, among other things, increase Rutgers–New Brunswick’s public prominence, provide a clear financial plan, and expand internships and related opportunities for students," Barchi said, in the statement.

Molloy was given a five-year term chancellor, starting from last July, and was given a base salary of $455,000, according to the university. He is also eligible for an annual 5 percent to 15 percent payments, with a guarantee of 10 percent for meeting specific goals.

In 2007, Molloy began as dean of the Ernest Mario School of Pharmacy, as interim provost for biomedical and in 2011 was appointed health sciences during the integration of the former UMDNJ into Rutgers. In 2013, he became interim chancellor of the newly created Rutgers Biomedical and Health Sciences, the umbrella organization for the schools and assets acquired by Rutgers University after the July 1, 2013 breakup of the former University of Medicine and Dentistry of New Jersey.

He studied pharmacy at Rutgers in the 1970s and holds an undergraduate and a professional degree from the university.

He was a post-doctoral fellow at the National Cancer Institute and went on to hold senior research and management positions at Johnson & Johnson, 3-Dimensional Pharmaceuticals Inc., and Bristol-Myers Squibb Pharmaceutical Research Institute.

As chancellor or the New Brunswick campus, Molloy is the chief operating officer, responsible for academic administration of the unit. He is responsible for the budget of all university schools in New Brunswick and Piscataway, and oversees the academic and student services.

His duties include marketing for the university and responsible for human resources and research.