Transition team announced as Stevens begins presidential search

HOBOKEN, N.J. - As Stevens Institute of Technology prepares to search for a new university president, the university recently announced a plan to ensure a smooth transition after its current President steps down.

Dr. Harold J. Raveche, Stevens’ President for the past 22 years, will leave that post on June 30, 2010. A comprehensive search has begun to find the person who will become the 7 th president of the 140-year-old university. However, because a search of this type can take several months, the Stevens Board of Trustees wants to ensure that the Institute will continue without losing momentum.

George P. Korfiatis, the current Provost and University Vice President, will be installed as Interim President, after Raveche steps down. Korfiatis will not be a candidate for the new presidential search.

Reporting to the Interim President, under the transition plan, will be the academic deans, Dr. Dinesh Verma, Dr. Lisa Dolling, and Dr. Michael S. Bruno; Maureen Weatherall ’78, the Vice President for University Enrollment and Administration; and Randy Green, the CFO and VP of Finance. These individuals will constitute the Executive Council of the Institute.

Korfiatis will retain many responsibilities of the Provost during the transition including oversight of all faculty hiring; presiding over faculty meetings; oversight of the Research Enterprise and the National Research Centers and other major strategic initiatives.

“It is important that a plan for interim leadership be established now to provide continuity and a seamless transition to the 7th president without rushing the search and selection process,” said Korfiatis. “This is an affirmation that the Stevens community stands united and focused on a uniform message during the search.”

Under Korfiatis and the transition team, the Institute will continue its ascent among the preeminent technological research universities.

Stevens has retained Storbeck/Pimentel & Associates to lead the presidential search. They will begin work immediately to make candidate recommendations to the university selection committee. Storbeck/Pimentel & Associates is a minority and female owned retained executive search firm specializing in providing executive recruitment services to colleges, universities, independent schools and not-for-profit organizations. 

Raveche, who joined the Stevens Institute of Technology in 1988, leaves an impressive record that will continue to have a positive impact on Stevens for years to come.

In keeping with the Institute’s momentum, growth and progress, the interim leadership will work to maintain confidence in the continued ascent of the Institute with internal and external constituencies. They will focus on outreach and fundraising and will implement a new Board of Trustees governance model with increased faculty and staff participation.

About Stevens Institute of Technology

Founded in 1870 and celebrating 140 Years of Innovation, Stevens Institute of Technology, The Innovation University TM , lives at the intersection of industry, academics and research.  The University's students, faculty and partners leverage their collective real-world experience and culture of innovation, research and entrepreneurship to confront global challenges in engineering, science, systems and technology management.

Based in Hoboken, N.J. and with a location in Washington, D.C., Stevens offers baccalaureate, master’s, certificates and doctoral degrees in engineering, the sciences and management, in addition to baccalaureate degrees in business and liberal arts.  Stevens has been recognized by both the US Department of Defense and the Department of Homeland Security as a National Center of Excellence in the areas of systems engineering and port security research. The University has a total enrollment of more than 2,200 undergraduate and 3,700 graduate students with almost 450 faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America as well as strategic partnerships with industry leaders, governments and other universities around the world. 

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