Overview

Joel Seligman's first twelve years of University Presidency were enormously productive. Working with a great leadership team, the University of Rochester student body increased by thirty-three percent; faculty by twenty-six percent; and student body, faculty, and staff diversity improved all while emphasizing quality growth. Progress was implemented through strategic planning and the largest capital campaign in University history. Nearly $1 billion in new facilities were added and the budget nearly tripled, while expanding a University health center that included six hospitals, a Cancer Center, a Children's Hospital, Clinical and Translational Research, Data Science, Neuromedicine, Digital Media, and Education. The campus also added new dorms, dining facilities, an Engineering quadrangle and substantial expansions of the School of Nursing, Eastman School of Music, Memorial Art Gallery, athletics facilities, libraries, and the addition of a new College Town. This substantial progress was possible due to the investment of the Board, faculty, students, and alumni to support the Campaign for Rochester and the University's community leadership. However, in the thirteenth year, the magic ended. This memoir analyzes why Universities succeed and why they are increasingly vulnerable.

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9781662932168

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Joel Seligman was the 10th President of the University of Rochester from 2005 to 2018. He earlier served as the Dean of Washington University School of Law, and the University of Arizona College of Law. He also held faculty positions at the University of Michigan, George Washington, and Northeastern University Law. The author of twenty books and fifty articles, his publications include a multivolume treatise on Securities Regulation co-written with the late Harvard Law Professor Louis Loss and former SEC Commissioner Troy Paredes. Two books focused on the history of financial regulation, The Transformation of Wall Street: A History of the Securities and Exchange Commission and Misalignment: The New Financial Order and the Failure of Financial Regulation. He served on the Board of the Financial Industry Regulatory Authority from 2007 to 2016 and from 2011 to 2016 co-chaired the Finger Lakes Regional Economic Development Council which helped raise over $800 million for Rochester and adjacent communities. He is a member of the American Academy of Arts and Sciences.

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