Presidential Transition Statement
Dear Members of the Cooper Union Community:
I am writing to let you know that I will be leaving my post as President of The Cooper Union at the end of June, 2015. Starting in the fall, I will serve as Visiting Scholar at Harvard University in the Graduate School of Education.
It has been an honor to serve as the 12th President of Cooper Union these past four years. The focus of my presidency has been to secure Cooper’s finances for generations of deserving students in the future, while preserving excellence and increasing socio-economic access.
The class completing its freshman year was the first to be admitted under the 2013 Financial Sustainability Plan, and the class just admitted will be the second. These two classes uphold Cooper’s unparalleled standard of excellence. With need-based financial aid, we have also been able to increase access to those who can least afford it, as shown by an increase in the proportion of students eligible for Federal Pell Grants.
Jessie and I want to thank all the students, faculty, alumni, donors, friends, and neighbors whom we have been privileged to meet during our stay at Cooper, and we wish you all the very best.
On June 10, 2015, the Cooper Union Board of Trustees released the following statement:
The Board of Trustees is grateful to Jamshed Bharucha for his service as the 12th President of Cooper Union.
The financial exigencies with which he was confronted upon his arrival were not of his making and he deserves credit for sounding the alarm about the need to take urgent action to ensure Cooper Union’s long-term financial sustainability.
We wish President Bharucha all the best in his future endeavors, and have agreed to name him President Emeritus effective July 1, 2015.
The board has asked Cooper’s vice president for finance and administration, William Mea, to assume interim leadership responsibilities on July 1. In the fall, the board will form a presidential search committee that will include representation from the faculty, students and alumni.
Mea, who is currently responsible for financial planning and budgeting, the controller’s office, human resources, information technology, public safety, facilities and legal affairs, joined Cooper in September 2014.