March 26, 2017 12:26 PM ET

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Company Overview of Rider University

Company Overview

Rider University is an educational institution that offers undergraduate and graduate programs in the field of business, science, and humanities. The schools and colleges of the university include College of Business Administration, School of Liberal Arts and Science, College of Education, College of Continuing Studies, and Westminster Choir College. Rider University was founded in 1865 and is based in Lawrenceville, New Jersey. The university has endowment assets of $65 million.

2083 Lawrenceville Road

Lawrenceville, NJ 08648

United States

Founded in 1865

Phone:

609-896-5000

Key Executives for Rider University

Provost and Vice President of Academic Affairs
Trustee and Secretary
Director of Rider Institute for New Jersey Politics
Compensation as of Fiscal Year 2016.

Rider University Key Developments

Rider University's Faculty Union Agrees to Two-Year Wage Freeze and Other Concessions

Rider University's faculty union has agreed to a two-year wage freeze and other concessions that will spare the college from slashing more than a dozen majors and laying off professors. The private university announced the agreement, two weeks after new President Gregory Dell'Omo told the school's 3,712 undergraduate students he planned to cut 13 majors, which would have forced 123 freshmen and sophomores to transfer or change majors. The wage freeze alone will cover the more than $2 million that Rider would have saved through the budget cuts. The university will also extend its early retirement incentives to more full-time faculty members and have more flexibility in replacing them with adjunct professors. In exchange, the union saves the jobs of 14 full-time faculty members and an undetermined number of adjunct positions that would have been eliminated.

Rider University Announces Job Cuts

Rider University announced to cut 20 jobs and eliminating more than a dozen academic majors to help close a budget gap. The layoffs are expected to save $2 million. The jobs being eliminated include 14 full-time faculty positions. Thirteen majors, including philosophy, piano, art history and French, will be cut in 2015.

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Recent Private Companies Transactions

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