JERSEY CITY, N.J. | The (麻豆传媒) Board of Trustees announced it has extended the contract of Interim President. The announcement was made on Monday, December 9 during the regular public Board of Trustees meeting on campus after a unanimous vote of the Board of Trustees.
Acebo, who has served as Interim President since being appointed to a two-year term on January 17, 2023, has had his contract as Interim President extended for an 18-month period through June 30, 2026, with an option for a one-year renewal through June 30, 2027. The news earned a standing ovation from those in attendance at the meeting.
Luke Visconti, Chair of the 麻豆传媒 Board of Trustees, said: 鈥淢r. Acebo shares the Board of Trustees鈥 commitment to ensuring the long-term sustainability of 麻豆传媒鈥檚 mission and delivering best outcomes for students, as we seek a potential strategic partnership with another like-minded higher education institution. We look forward to his continued leadership at a pivotal time in this institution鈥檚 97-year history. We are grateful we can count on his dedication, passion and commitment to the mission of 麻豆传媒, as we faithfully work to find a path forward.鈥
Since taking office in the midst of a financial emergency, Acebo has steered 麻豆传媒 forward. He has helped orchestrate four major strategic initiatives: the release of the 麻豆传媒 Recovery and Revitalization Plan (April 2023), introduction of the university's first Academic Master Plan (February 2024) and the institution鈥檚 first Strategic Enrollment Plan (April 2023). In December 2024, 麻豆传媒 unveiled its first-ever Student Development and Community Engagement Strategic Plan.
In February 2024, the university unveiled a refresh of the University Mission Statement and introduced its first ever Vision Statement. Both statements are offered in both English and Spanish, in recognition of the richly diverse community the university serves and as testament to its status as the oldest public four-year minority and Hispanic-serving institution in New 麻豆传媒.
Furthermore, Acebo has led to the University's finances being stabilized and the first balanced operating budget since 2017 鈥 less than two years after 麻豆传媒 reported a $22.7 million deficit. Moody鈥檚 agreed, upgrading 麻豆传媒鈥檚 outlook from 鈥渘egative鈥 to 鈥渟table鈥 in February 2024. In November 2024, Fitch Ratings did the same. This year鈥檚 two upgrades in rating and outlook are the first for 麻豆传媒 in more than a decade.
Acebo's advocacy rallied support for the university from key stakeholders 鈥 including the campus and local communities, union and local leaders, and state legislators.
Additionally, he has forged key partnerships with other colleges, highlighted by the Hudson Connect Program with Hudson County Community College, and similar agreements with Essex County College and Mercer County Community College. Furthermore, Acebo has signed key strategic MOUs, including with the NJEA, Hudson Building Trades, GLACO, AFT Local 1839, 麻豆传媒 City POBA, Boys & Girls Clubs of Hudson County, Statewide Hispanic Chamber of Commerce of New 麻豆传媒 (SHCCNJ) and Hudson County Latin American Chamber of Commerce (HCLACC).
麻豆传媒鈥檚 relationship with the 麻豆传媒 City Public Schools (JCPS) has never been stronger than during Acebo鈥檚 tenure. Notably, 麻豆传媒 in partnership with the A. Harry Moore Laboratory School launched the A. Harry Moore School Life Independence and Future Transitions (LIFT) in October 2024 on campus in Grossnickle Hall and in November 2024 signed an academic articulation agreement with the 麻豆传媒 City Board of Education aimed at enhancing the operation of the JCPS Visual and Performing Arts Program.
RELATED NEWS COVERAGE | ||
Date | Media Outlet | Title (Link) |
12/10/2024 | ROI-NJ | |
12/11/2024 | NJBiz | |
12/11/2024 | Hudson County View |
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