Quinnipiac University will announce its next president Monday afternoon, as John Lahey is retiring June 30 after 31 years at the helm.
The university said Sunday that William Weldon, chairman of the board of trustees, will introduce the new president — the university’s ninth — at a 3 p.m. news conference at the school.
Details about the new president were not available Sunday night, however a global search firm, Spencer Stuart, has been working with Quinnipiac since May — shortly after Lahey, 71, announced his plans to retire.
In more than three decades at the university, Lahey has transformed the school from a small college with 2,000 students to a university of nearly 10,000 students with a network of 50,000 alumni.
The footprint of the school has grown from 100 acres on one campus to three campuses spread over 700 acres, and the endowment has increased from under $5 million to about $500 million, according to the university.
Under Lahey’s watch, the number of graduate students has surged from 106 in 1987 to 2,910 in 2017, with the establishment of the Frank H. Netter M.D. School of Medicine, a School of Law, a School of Engineering and among others.
The university now awards 2,600 degrees annually, compared to only 575 in 1987 when Lahey arrived.
During Lahey’s tenure, the university also transitioned from Division II to Division I athletics.
In December, Lahey was listed as among the 50 highest paid chief executives at private colleges and universities, according to the Chronicle of Higher Education. At that time, Lahey ranked 24th with a salary of $1.45 million — based on the 2015 calendar year, the most recent year available from the Internal Revenue Service, the Chronicle said.