MARLBORO COLLEGE PREPARED FOR SMOOTH TRANSITION AS PRESIDENT BIDS FAREWELL
MARLBORO, VT –Paul LeBlanc, President of Marlboro College for the past seven years, has announced his intent to step aside in the summer of 2003, accepting appointment as President of Southern New Hampshire University in Manchester, New Hampshire.
LeBlanc will replace Richard A. Gustafson, who has served as president at Southern New Hampshire University since 1987.
“My goals when coming to Marlboro were to increase the endowment, create new revenue streams, revitalize the campus physical plant, and raise the visibility of the college in the area and the region,” LeBlanc commented. “There’s always more to do of course, but I feel we’ve largely realized those goals and it’s time for someone else to take Marlboro to the next stage.”
Marlboro College has raised close to $31 million in a $28 million campaign that comes to a close in June. It has launched a $9 million campus revitalization program that includes a new $3.1 million library wing, a $2.6 million dance and music building, a new dorm, and new campus water and septic systems. The endowment has gone from $1.2 million to $13 million and giving is up in all categories.
LeBlanc commented that the current economic downturn has been challenging for the college, “but we were lucky to have most of the campaign completed before the dramatic decline in the stock market.” While the college went through “belt tightening” that included limited lay-offs and budget cuts in the fall, a recent three-year $6 million pledge “provided us much needed cash relief and will help see us through the challenges ahead," LeBlanc said.
According to Andrew Hilton, Chair of the Board of Trustees, the news was not a surprise. “Paul told us this winter that he was beginning to think about new opportunities and we agreed to begin transition planning. Even before the news of Paul’s departure the Board had scheduled preliminary planning meetings on campus and retained a search firm. This will be a very orderly and well executed transition.” Marlboro has retained the executive search firm of Spencer Stuart to facilitate and support the search process. The firm recently completed the search for a new head of New York’s private Brearly School and for a new president at Rockefeller University.
Hilton said that the Board will soon name an interim president. “We are deeply grateful for all that Paul has done for Marlboro,” he commented, “and we will name an interim so we can take the time to have an inclusive search process that involves all of our constituencies in a dialogue about our next president.” LeBlanc is slated to assume his new duties in mid-summer.
“I am grateful to Marlboro for the seven years it allowed me and we have fallen in love with Southern Vermont, but I’m also ready for a new set of challenges. In addition, the SNHU position will allow us to be closer to our families in the Boston area, including my 85-year-old mom, and will allow our younger daughter to choose a high school secure in the knowledge that we won’t ask her to move again,” LeBlanc said.
Marlboro College is a selective liberal arts college of 310 students with its Persons School campus in downtown Brattleboro housing graduate programs in technology, a new business incubator, and community-based programs. The college also has programs in London, Dubai, and in India. Southern New Hampshire is a small comprehensive university with 1800 day students, 2,000 evening and continuing education students, and over 9,000 enrollments in distance learning programs worldwide. It has programs in New England, Puerto Rico, Malaysia, and Dubai.