Rider University’s president has decided to give up his post but plans to remain in office until next year.
Mordechai Rozanski announced his plans Wednesday. The 67-year-old is in his 10th year at the head of the 5,500-student university.
Rozanski said he initially intended to retire this year. But he decided to stay after the university’s board of trustees persuaded him to remain in office until July 2015, to coincide with Rider’s 150th anniversary.
During Rozanski’s tenure, the college has started $125 million in facilities improvements and distributed more than $54 million in annual financial aid.
Rider’s trustees are forming a presidential search committee and hope to name Rozanski’s successor by January 2015.