“The Board of Trustees fully supports John Sexton, and has full confidence in his leadership.
“NYU’s great story is its transformation from a regional university into one of the world’s great institutions of higher learning. That has accelerated during John’s tenure, and we look forward to the University’s continued progress under his stewardship. In recent weeks, I and some of my fellow Trustees have been meeting with faculty groups and other constituencies. It is clear from our dialogue that the innovative steps taken to move the University have not always been easy, and more could have been done to communicate with faculty and involve them in the decision-making affecting the University’s strategic direction. But we think important steps have already been taken, and additional improvements to our governance systems that emerge out these series of meetings will go a long way towards addressing faculty concerns.
“We want the faculty of the Gallatin School, which has just completed its vote, to know why we view John’s leadership with such confidence. Since John became President of NYU in 2002, the University has thrived by almost any measure. Undergraduate applications are up 45 percent, freshman SAT scores have climbed, and financial aid has increased by 134%. NYU has moved upwards in national and international rankings, faculty recruitment and retention have been strong and successful, and initiatives have been started in new fields of study. The university’s finances are stronger, fundraising has set records, long-range planning has been set in place, and important new investments have been made in academic facilities. And, uniquely among its peers, NYU has been redefining what a university is through the creation of its global network, which has allowed for unprecedented new educational and academic activities around the world for students and faculty alike.”