October 24, 2016 3:18 PM ET

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Company Overview of Drexel University

Company Overview

Drexel University is an educational institution that provides undergraduate, graduate, and professional degree programs in architecture, science, chemical engineering, civil engineering, construction management, culinary science, nutrition and food, information systems, and sports management. The schools of the university include School of Biomedical Engineering, Science and Health Systems, School of Education, and School of Public Health. The university has eight colleges including College of Arts and Sciences, College of Bennett S. LeBow College of Business, College of Engineering, Goodwin College of Professional Studies, College of Medicine, College of Nursing and Health Professions, Coll...

3141 Chestnut Street

Philadelphia, PA 19104

United States

Founded in 1891





Key Executives for Drexel University

Age: 56
Senior Vice President, Dean of Center for Graduate Studies in Sacramento and Chief Executive Officer of Center for Graduate Studies in Sacramento
Senior Vice President of Communications
Director of Community Projects
Chair of Health Management and Policy at School of Public Health
Compensation as of Fiscal Year 2016.

Drexel University Key Developments

SodexoMAGIC Files Fraud Complaint against Drexel University

SodexoMAGIC formally filed fraud charges against its partner of 21 years, Drexel University. Less than a month after signing a new 10-year contract with Drexel in May of 2015, SodexoMAGIC became aware of discrepancies in reported student growth figures, something that would cost the company millions. Repeated attempts by SodexoMAGIC to negotiate with Drexel were unsuccessful. A notice of default letter was sent to Drexel on July 25 this year seeking a cure that never came. As a result, SodexoMAGIC filed its complaint with the U.S. District Court of Eastern Pennsylvania on September 27, 2016. Fundamental to the agreement made between SodexoMAGIC and Drexel University is the issue of student enrollment. It was explicitly called out in everything from Drexel's request for proposals (RFP), Sodexo's bid proposal and the negotiated terms of the agreement. The RFP declared that student enrollment would grow at a robust rate, a point that Drexel reinforced throughout contract negotiations. Only after the agreement was signed did it come to light that enrollment numbers would actually decline.

Drexel University Appoints Cicely Peterson-Mangum as Executive Director for its Dana and David Dornsife Center

Drexel University has appointed Cicely Peterson-Mangum, a long-time community development leader, as the executive director for its Dana and David Dornsife Center for Neighborhood Partnerships. As the Dornsife Center's first executive director, Peterson-Mangum will oversee the development of a facility that has catalyzed Drexel's civic engagement with its surrounding community, encouraging innovative collaboration among students, faculty and local residents in Mantua and Powelton Village.

Drexel University Lays Several Dozen Administrative Employees

Drexel University has laid off several dozen administrative employees as a result of a new admissions policy that brought in fewer freshmen for the fall. University officials declined to specify the number of layoffs or how many vacant positions were eliminated, but said the move - along with other cost-cutting - will save $18 million. No faculty members were cut. The employees were to be dismissed. About 20% of the savings will come from vacant positions and 30% from layoffs in enrollment, finance, institutional advancement, human resources, and university communications, and the provost's and president's offices. The rest will come from reductions in travel, printing, outside consultants, and other areas. The job cuts follow an announcement by Drexel in May that it would delay raises for employees from the summer to the beginning of the next calendar year, also to cope with less revenue.

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