HOBOKEN, NJ - In a unanimous decision, the Stevens Institute of Technology Board of Trustees voted to reappoint President Nariman Farvardin to a third five-year term, extending through June 2026.
Farvardin was named president of the university in 2011, serving as its seventh president. Under his direction, Stevens has enjoyed an unprecedented growth in undergraduate and graduate applications and enrollment—along with the acquisition of outstanding faculty, a strengthened Stevens’ financial profile, and increase enrollment of underserved and underrepresented minority students.
“The Board of Trustees is very fortunate to have President Farvardin lead this university,” said Chairman of the Board Stephen T. Boswell C.E. ’89 Ph.D. ’91 Hon. D. Eng. ’13. “Under his visionary leadership, Stevens has solidified its reputation as a premier research and teaching university. Especially during these tumultuous times, the Board values President Farvardin’s consistent and unwavering focus and will rely upon his leadership to accelerate Stevens’ upward trajectory. With his reappointment, President Farvardin and the Board will continue to advance the university as a national and global beacon of higher education and fulfill the goals outlined in Stevens’ strategic plan.”
“One of life’s greatest privileges is the opportunity to devote oneself wholeheartedly to work that makes a positive impact in the world,” said President Farvardin. “Early on, my father instilled in me a strong work ethic, an appreciation for the value of service to others, and a sense of obligation to use my talents and energy to do good. Serving as president of Stevens is the realization of my father’s dreams for me and a role that I treasure immensely. Stevens is a special place that creates the kinds of opportunities for our graduates that I have been so fortunate to enjoy in my own life and career. I am extremely grateful to the Board of Trustees for their confidence and friendship, and I look forward to working with all my colleagues as we continue Stevens’ upward trajectory.”
The Georgetown University Center on Education and the Workforce recently ranked Stevens No. 14 in the nation for return on investment 40 years after enrollment among all U.S. colleges and universities awarding a four-year degree, speaking to the long-term value of a Stevens degree over a graduate’s career. Meanwhile, PayScale ranked Stevens as the top school in New Jersey and No. 13 in the nation for the highest mid-career salaries in the nation.
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