Members of the Ave Maria University community:
I am pleased to announce that on Friday, February 20, 2015, at the regular meeting of the Board of Trustees of Ave Maria University, we unanimously voted to extend President Jim Towey’s contract through June 30, 2020. President Towey has agreed to these terms and our founder, Tom Monaghan, is delighted that the work that he and the many of you began in 2003, will remain in good hands.
In less than four years and with the help of a team of distinguished faculty, talented administrators, and dedicated staff, President Towey has dramatically increased the University’s enrollment, nearly tripled the number of majors offered, transitioned the University from dependence upon our founder’s financial support for operations, raised tens of millions of dollars in donor support, refinanced the University’s debt, closed the Nicaragua and IPT programs that had lost millions of dollars, and most important, shepherded Ave Maria’s Catholic mission, identity and outreach, particularly through the Mother Teresa Project.
There are many opportunities and challenges facing the University in the years ahead. The Board of Trustees is confident in President Towey’s leadership and committed to his success as your president. Your support, trust, and prayers will help make these next years prosperous and filled with grace.
Please join me in congratulating President Towey on this important milestone in his career.
Michael T.O. Timmis
Chairman of the Board
Ave Maria University