Rutgers University has elected a pair of alumni with prominent business backgrounds to lead its board of governors, it announced Thursday.
Retired biotechnology entrepreneur Sandy J. Stewart was elected chair, while lawyer and executive Mark A. Angelson was elected vice chair. They will assume their posts July 1.
“Sandy and Mark both have extraordinary records of accomplishment in the public and private sectors,” Rutgers President Robert Barchi said in a prepared statement. “I am pleased that their longtime relationship with Rutgers will continue with the university’s highest governing body. The board of governors and the entire university greatly benefit from their intellect, wealth of professional experience and business acumen.”
Stewart, the board’s current vice chair, founded or co-founded several biotech companies, including Paradigm Genetics, now Cogenics Icoria Inc., and Immunovation. He earned his bachelor’s and master’s degrees from Rutgers-Camden in the 1980s.
He joined the Rutgers Board of Trustees in 2006, serving as its chair in 2014-15. He also serves on the Rutgers-Camden board of directors, and was named a trustee emeritus by the board of trustees. In 2016, he was inducted in Rutgers-Camden Finest, as well as named a 250th Anniversary Fellow.
Angelson, who was appointed to the board by Gov. Chris Christie in 2014, is vice chair of the Joseph Biden Foundation and the Institute of International Education, a nonprofit specializing in international education and training. He is also chair of the IIE’s Scholar Rescue Fund and the 2019 Centennial Committee. In addition to his law background, he served as chair and CEO of five public companies during his lengthy career, and as Chicago’s deputy mayor.
An adjunct professor and longtime trustee at Northwestern University, Angelson was appointed Richard D. Heffner Public Service Professor at Rutgers in 2014. He graduated from Rutgers and its School of Law-Newark in the 1970s. He is a member of the Rutgers Hall of Distinguished Alumni, and was the first recipient of the Rutgers Law School Alumni Service Award.