Worcester Business Journal

4 Worcester Business Journal | September 28, 2020 | wbjournal.com C E N T R A L M AS S I N B R I E F Holy Cross president to step down in 2021 V E R BAT I M Delayed reopening "Armsby Abbey will ride out this storm and re-open when the time is right. Unfortunately, September 1st is not the right time. Thank you for all your love, support, patience, & understanding." Sherri Sadowski and Alec Lopez, owners of Armsby Abbey, on their decision to suspend the Worcester restaurant's reopening indefinitely in the wake of the COVID-19 pandemic Now normal "This is not our new normal – but it is our now normal." Old Sturbridge Village CEO Jim Donahue, announcing more programming changes to the museum, including a temporary shuttering of its lodging facilities Retiring from Cornerstone "He has always put the needs of customers first, and diligently worked to ensure that everything Cornerstone did was for the well- being of the community and its residents." Cornerstone Bank President Todd Tallman, and its incoming CEO, discussing CEO Michael Robbins' impending retirement in December T he College of the Holy Cross on Sept. 22 an- nounced its president, Rev. Philip Boroughs, would step down from his role at the end of the academic year, ending his nine-year run leading the Jesuit liberal arts college in Worcester. Boroughs' last day will be June 30, 2021, he said during a live video address to the campus. Boroughs, 71, plans to take a one-year sabbatical be- fore taking a new assignment with the Jesuit Order. A national search has begun to find his replacement, the college said in the Sept. 22 announcement. "I feel that new energy and some different skills are needed to address the realities of the coming years," Boroughs said in a prepared statement. "is time feels like a natural inflection and transition point for the institution: Our seven-year [fundraising] campaign just ended most successfully, and we have just begun a strategic planning process that will set goals for the college for the next three to five years. As I know from my own experience, it is important that a new president be part of that process, as it will give shape to his or her ener- gies and commitments throughout their term of office." Boroughs is the latest college presi- dent in Central Massachusetts to step down or retire. Susan West Engelke- meyer, president of Nichols College in Dudley, announced on Sept. 9 she is retiring at the end of the school year aer leading Nichols for a decade. Clark University President David Angel retired this past June and has been suc- ceed by David Fithian. Charles Monah- an, the president of MCPHS University in Worcester and Boston for more than two decades, retired in January; the search for his replacement is underway. e Cummings School of Veterinary Medicine at Tus University in North Graon announced a new leader in April 2019, as Alastair Cribb took over as dean following former dean Deborah Kochevar becoming provost of Tus University Boroughs assumed office in 2012, and over the course of his tenure Holy Cross completed a $420-million capital campaign. e college instituted new academic initiatives, including the J.D. Power Center for Liberal Arts in the World, Arts Transcending Borders, and the Scholarship in Action program, which funds faculty research in Worces- ter. During his tenure, the college creat- ed the Office of International Students and opened a new Office of Diversity, Equity and Inclusion, with the newly created position of associate provost for diversity, equity and inclusion. In 2018, when Holy Cross was under pressure from students and the com- munity to change its Crusader mascot, Boroughs compromised to appease alumni who felt a strong connection to the Crusader mascot and those who urged the college to sever ties with the name associated with the Holy Wars in the Middle Ages. Boroughs decided to change the primary logo used by the college, while still keeping the name. Holy Cross' endowment is $786 million, which is the highest among Central Massachusetts colleges, and the school's full-time enrollment is just over 3,000. BY BRAD KANE Worcester Business Journal Editor W PHOTO | COURTESY OF THE COLLEGE OF THE HOLY CROSS Rev. Philip Boroughs, outgoing president of the College of the Holy Cross

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