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July 1, 1998
RELEASE ON RECEIPT
Oberlin
Extends College President's Contract Through the Year
2004
Media
Contact: Betty
Gabrielli
OBERLIN, OHIO --Oberlin College's Board of Trustees has extended President Nancy S. Dye's current contract for five additional years, announced Board Chairman William R. Perlik. The agreement will be effective July 1, 1999, when Dye's current contract expires, and will continue through the year 2004.
"The Board is extremely pleased with the president's accomplishments and leadership," says Perlik, who also directed the 1994 president's search committee that resulted in Dye' selection. "Since her inauguration in October 1995, she has more than justified the Board's faith in her strength of character and sense of
vision, qualities that are so essential to an institution such as Oberlin. We are singularly blessed to have a leader of President Dye's caliber taking the College into the year 2004."
Recently the John S. and James L. Knight Foundation recognized President Dye's achievements with a $150,000 Presidential Leadership grant. She has chosen to use it to use to create a major and sustained collaboration between the College and Oberlin's public schools as well as to develop a summer program for low-income middle-school and high-school students. Oberlin was one of five college nation-wide whose presidents were awarded the grants. "We look for strong colleges with strong leaders," said A. Richardson Love Jr., Knight Foundation Education Programs Director, when conferring the grant.
Perlik credits President Dye's leadership with the College's reception of $24 million in gifts obtained during the 1996-97 school year&emdash;the greatest amount ever raised in a single non-campaign year at Oberlin.
The board chairman also cites among Dye's numerous achievements during the last four years, "the openness and integrity that have enhanced a spirit of good will and trust within the community," the direction of campus-wide efforts that successfully eliminated a $3.2 million structural deficit in the College budget, the successful direction of a campus-wide long-range planning process to identify the basic principles and priorities that will guide Oberlin's decision -making over the next quarter century and the recent enactment of a 2.7 percent increase in tuition and fees for 1998-99&emdash;the lowest increase since 1972.
"Thanks to Dye's initiative and support," Perlik added, "the College also received $3.5 million to establish and endow in perpetuity the operation of the Center for Service and Learning to foster student volunteerism as part of a broad educational experience and approved the construction of a state-of-the-art environmental studies center and a new 200,000 square-foot science facility."
