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June 03, 2015 6:16 AM ET

Diversified Consumer Services

Company Overview of Rutgers, The State University of New Jersey

Company Overview

Rutgers, The State University of New Jersey is an educational institution that offers bachelors, masters, doctoral, and professional degrees. The institution provides courses in finance and accounting, sciences, engineering, computer science, social sciences, foreign languages, management, health sciences, and theater and visual arts. Rutgers, The State University of New Jersey was formerly known as Rutgers University and changed its name to Rutgers, The State University of New Jersey in January, 1945. The university was established in 1766 and is based in New Brunswick, New Jersey.

57 US Highway 1

New Brunswick, NJ 08901

United States

Founded in 1766

Phone:

732-445-4636

Key Executives for Rutgers, The State University of New Jersey

President
Age: 67
Senior Vice President of Finance, Treasurer, and Chief Financial Officer
Executive Vice President of Academic Affairs
Executive Vice President of Development and Alumni Relations
Executive Editor and Senior Director of Media Relations
Compensation as of Fiscal Year 2014.

Rutgers, The State University of New Jersey Key Developments

Rutgers University and Professors Union Reach Tentative Deal to Raise Faculty Salary Minimums and Improve Family Leave Benefits

After months of tense contract negotiations, Rutgers University officials and representatives of its professors union have reached a tentative deal to raise faculty salary minimums and improve family leave benefits. But the two sides remain deadlocked on one big question: When can Rutgers freeze the salaries of its employees?. The American Association of University Professors-American Federation of Teachers, which represents Rutgers' professors and graduate students, is asking the university to change long-standing contract language that announces any negotiated raises are subject to 'adequate funding' from the state. Union officials announced the 'adequate funding' clause in the contract is too vague and allows Rutgers to freeze salaries on a whim by claiming the university does not have enough cash to cover raises. But Rutgers officials announced the clause is essential. Members of the faculty union are scheduled to hold a march and rally at 1:30 p.m. on February 24, 2015 to continue to pressure campus officials to finalize a deal. The march is scheduled to end with a protest inside Old Queens, the university's main administration building in New Brunswick. The two sides are also expected to hold a negotiating session February 24, 2015.

MYOS Corporation Establishes Research Relationship with Rutgers University in Muscle Science

MYOS Corporation announced that the company has entered into a three-year Master Service Agreement (MSA) with Rutgers, The State University of New Jersey, to engage Rutgers researchers in a program which will expand the MYOS' basic science platform for further development of Fortetropin(TM), the first clinically proven natural myostatin inhibitor, and other proprietary MYOS product formulations. The initial project with Rutgers will involve the development of cell-based assays for high throughput screening studies of next generation myostatin inhibitors such as peptides, proteins and small molecules. The program will be led by Joseph W. Freeman, Ph.D., Associate Professor, Department of Biomedical Engineering at Rutgers, and Principal Investigator along with his experienced team at the University's Musculoskeletal Tissue Regeneration Laboratory (MoTR). It is anticipated that the results of this program will allow MYOS to gain further insight into the mechanism of action of Fortetropin as it relates to myogenesis or the development of muscle tissue. MYOS expects the study to be completed mid-year 2015. In addition to the newly announced agreement with Rutgers, MYOS is a corporate sponsor of Rutgers Athletics. The company to support the University's sporting events, including the Scarlet Knights Football program, as it joins the prestigious Big Ten Conference this year. The Rutgers Athletics partnership with MYOS was a facilitated through IMG College Inc., the collegiate sports marketing company that represents Rutgers.

Rutgers University Selects Greg Brown as New Chairman Replacing Gerald Harvey

Rutgers University's board of governors selected a new chairman amid turmoil over the board's future. Greg Brown, chairman and chief executive of Motorola Solutions, was unanimously elected the new head of Rutgers' board of governors during a meeting in New Brunswick. He will assume the unpaid post July 1. Brown, who lives in Illinois, takes over for the departing chairman, Gerald Harvey, whose term on the board is expiring at the end of the month. Harvey has served more than 15 years on Rutgers boards, including terms as chairman of the board of governors and board of trustees. He takes over as board chairman as the university fights legislation in Trenton that would expand the 15-member board of governors to 19 members.

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