An invitation to apply for the position of

President, Loyola University , Maryland

Loyola University Maryland is a Jesuit, Catholic university committed to the educational and spiritual traditions of the Society of Jesus and the ideals of liberal education and the development of the whole person. Accordingly, the University will inspire students to learn, lead, and serve in a diverse and changing world. – Mission Statement

THE SEARCH

Loyola University Maryland (Loyola Maryland) seeks an innovative, strategic, and collaborative leader to serve as its next President. Loyola University Maryland is a Jesuit, Catholic University in the city of Baltimore, committed to the educational and spiritual traditions of the Society of Jesus and the development of the whole person. The University inspires students to learn, lead, and serve in a diverse and changing world.

Founded in 1852, Loyola Maryland is one of 27 Jesuit institutions of higher education in the United States and the first to bear the name of St. Ignatius of Loyola. Today, the Loyola Maryland community encompasses the diverse backgrounds and perspectives of some 5,282 undergraduate and graduate students, over 506 full-time and part-time faculty, 682 staff and administrators, and nearly 64,000 alumni. At Loyola Maryland, deep bonds and close and life-long connections are forged through the Jesuit charism and educational experience, intellectual interests and beliefs are explored freely, and community members are united in pursuit of a purpose-driven life as "men and women for and with others."

The next President will position the University for the future, recognizing and embracing its identities and further defining Loyola Maryland’s place in the greater higher education landscape. The Loyola Maryland community seeks in its next President a leader who will be engaged, inspiring, and strategic; present with faculty, students, staff, alumni, and the Baltimore community; and armed with the experience and gifts to strengthen the University’s position overall, and in particular its commitment and actions on issues of diversity, equity, and inclusion. The next President will bring intellectual vitality, a collegial and transparent leadership style, and the strategic, financial, and management skills to lead a complex institution. The President must embrace and live the Ignatian principles that are the foundation of the institution; foster inclusivity and belonging; and possess a deep Loyola University Maryland President

commitment to Jesuit, Catholic higher education.

The Board of Trustees has formed a search committee and retained Isaacson, Miller, the national executive search firm. All expressions of interest from qualified candidates—Jesuit, lay, or other religious leaders—are encouraged. Inquiries, nominations, and applications can be directed in confidence to the firm as indicated at the end of this document.

Loyola University Maryland

Loyola University Maryland, located in the northern neighborhoods of the vibrant city of Baltimore, is a leading national liberal arts university in the Jesuit, Catholic tradition. Founded in 1852 in a state that began as a colonial leader in offering religious freedom to Roman Catholics, it is the first Jesuit college in the U.S. to bear the name of St. Ignatius of Loyola.

Established to serve a primarily local, commuting population, Loyola Maryland is also the second oldest chartered college in Baltimore. Its first “campus” was a modest house in downtown Baltimore; it moved to its present Evergreen location in northern Baltimore in 1922. Loyola College became coeducational following a merger with Mount St. Agnes College in 1971 and adopted the Loyola University Maryland designation in 2009.

Today, Loyola Maryland is recognized as a prestigious, selective, master’s comprehensive university with a strong residential, liberal-arts-based undergraduate program and professional graduate programs at the master’s and doctoral levels. Deeply committed to the Ignatian principles upon which it was founded, Loyola Maryland focuses on the care and education of the whole person – in mind, body, and spirit – and its mission centers on preparing its students to learn, lead, and serve in a diverse and changing world.

Loyola Maryland offers programs of instruction in over 40 disciplines, with a liberal arts education central to the University’s mission. The core curriculum at Loyola Maryland comprises requirements in the humanities, social sciences, mathematical sciences, and natural sciences, as well as diversity, and aims to develop the sharpness and versatility of mind that have always been the hallmark of a Jesuit education. The University offers more than 35 undergraduate majors, 45 minors, and 25 graduate programs through its three schools: Loyola College of Arts and Sciences, School of Education, and Sellinger School of Business & Management.

In the fall of 2020, the University enrolled approximately 4,152 full-time and 1,130 part-time students in programming leading to bachelor's, master's, and doctoral degrees, as well as other forms of professional certification. The faculty of Loyola University Maryland, at that same time, is comprised of approximately 506 full-time and part-time members. The student-faculty ratio for fall 2020, based on full-time undergraduate students and faculty, was approximately 12 to one, with 20 students as the average class size.

The undergraduate population, which totals 3,822, consists of 24 percent Maryland residents. Fifty- eight percent of students identify as women, 26 percent as students of color, and one percent are

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international students. The graduate population, totaling 1,460, consists of 85 percent Maryland residents, of which 72 percent are part-time students. Seventy-one percent identify as women, 34 percent identify as students of color, and one percent are international students.

Over 60 percent of undergraduate students participate in study abroad programs in more than 20 countries. Programs are offered to all majors and range from a single semester – the most common option usually conducted in the junior year – to full academic year, summer, and holiday tour programs. English-language experiences, as well as total language immersion programs, are available.

Campus life is vibrant at Loyola Maryland, and students engage in a range of co-curricular activities, clubs and organizations, internships, and service work to round out their rich educational experience. Over 200 clubs and organizations across a diverse set of interests are available to the Loyola Maryland student. More than 80 percent of students participate in a practicum, internship, and/or field experience prior to graduation. Nearly two-thirds of the student population engage in service activities, enriching their own educational experience through the Jesuit dedication to social justice. Loyola students serve on campus, in the local community, and around the globe with programs and partnerships through the Center for Community, Service, and Justice. In particular, the York Road Initiative focuses on the educational development, economic viability, health, and well-being of the local North Baltimore community.

Athletics constitutes a particularly important part of the undergraduate experience at Loyola Maryland and is an essential element in the forging of strong and lasting bonds among students and alumni. The University is a member of the prestigious in NCAA Division I, fielding teams in seven men’s and ten women’s sports. In recent years, the men’s and women’s teams and the men’s golf team captured Patriot League championships and earned repeat bids to their respective NCAA tournaments, with the men’s lacrosse team winning the NCAA National Championship in 2012. Moreover, several Loyola Maryland student-athletes have received national recognition for their academic achievements, including awards from the Women’s Basketball Coaches Association, Cleveland Golf/Srixon All-America Scholars, the Intercollegiate Women’s Lacrosse Coaches Association, and the NCAA.

Loyola Maryland has long been recognized for the strength of its academic offerings, its distinctive preparation of the whole person, and its excellent outcomes. Since 2018, 98 percent of Loyola University Maryland graduates are employed, in graduate school, or completing a year of service within six to nine months of receiving their diploma. The University has been ranked among the top five universities in the North Region by U.S. News & World Report for the past decade, is among Washington Monthly’s top master’s universities nationally, was named one of the nation’s top institutions for undergraduate higher education and one of the best Northeastern colleges by the 2020 Princeton Review, and is included in the list of Best Values in Private Colleges in Kiplinger’s Personal Finance. Loyola Maryland’s School of Business and Management is highly rated by both Business Week and U.S. News & World Report, and the University is proud to host a chapter of Phi Beta Kappa, the nation’s oldest and most prestigious honor society.

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MISSION AND JESUIT CATHOLIC IDENTITY

Loyola Maryland’s Catholic, Jesuit intellectual tradition asserts that faith and reason complement each other, and questions of faith are encouraged and examined as intellectual inquiries. This approach nurtures a community committed to an examined life of intellectual, social, and spiritual discernment, as well as the understanding that leadership and service to the world are intimately connected.

During 2019, Loyola Maryland participated in a Mission Priority Examen at the request of the Superior General of the Society of Jesus and with the support of the Jesuit Provincials in the United States and the Association of Jesuit Colleges and Universities. The Examen offered the Loyola Maryland community an opportunity to engage in institutional reflection on its mission and to commit to a set of priorities for faithfully and creatively promoting its Catholic, Jesuit identity and values in the years to come.

Loyola University Maryland remains committed to the ideals embodied by the members of the Society of Jesus throughout its rich history. Those Jesuit ideals include an emphasis on academic excellence, the importance of the liberal arts, and cura personalis—the education of the whole person.

LEADERSHIP AND GOVERNANCE

The Rev. Brian F. Linnane of the Society of Jesus has served as the 24th president of Loyola University Maryland since his inauguration in July 2005 and will be stepping down in June 2021 following 16 years of service to the University.

During his presidency, Fr. Linnane has overseen the completion of the $100 million Bright Minds, Bold Hearts campaign, the opening of the Ridley Athletic Complex, the designation change to Loyola University Maryland, and the transition to the Patriot League. Under his leadership, Loyola Maryland has strengthened its commitment to diversity, equity, and inclusion among the campus community. Fr. Linnane also inspired the vision for Messina, Loyola Maryland's distinctive interdisciplinary living- and-learning program for first-year students, and guided the University in the development and execution of its 2017-2022 strategic plan, The Ignatian Compass.

Loyola Maryland is governed by a 35-member Board of Trustees. The Trustees oversee the leadership, planning, and resources of the University, ensuring its overall vitality and mission. James D. Forbes ’80 is currently serving as the Chair of the Board. Mr. Forbes is Vice Chairman of Investment Banking at Morgan Stanley and a board member of the Southampton Hospital Association and Orbis, the international nonprofit fighting avoidable blindness, as well as a member of Duke University School of Medicine Board of Visitors.

INSTITUTIONAL CAPACITY AND FINANCES

As a result of its strong academic reputation, disciplined operational practices, and generous alumni,

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Loyola Maryland’s finances have remained solid, despite recent shifts in the higher education market. The University has had a track record of balanced budgets while also making new investments in strategic initiatives and campus infrastructure. The University continues to produce impactful, positive changes in net assets from operating activities.

Loyola Maryland reports total gross assets of more than $700 million, an endowment of $284 million as of March 31, 2021, and an annual operating budget of $311 million for FY2022. Like many higher education institutions, Loyola Maryland has seen an increasing discount rate in recent years; its tuition revenue in 2020 was $121.6 million, net of $95.8 million in discounts. The University employs Prime, Buchholz & Associates as its investment consultant, and its healthy credit profile (A2 stable) benefits from its consistently positive operating performance, healthy reserves, and low debt burden.

Loyola Maryland deploys a multi-year, multi-class recruitment philosophy in attracting students to the University. This strategy has allowed the University to maintain relatively consistent first-year class sizes between 1,008 and 1,095 over the most recent five-year period. The University has become more national over time, attracting more students from outside of Maryland and drawing from a wide geographic region including California, Connecticut, Delaware, Florida, Massachusetts, New Jersey, New York, Pennsylvania, and Puerto Rico. In total, enrollment at Loyola Maryland is comprised of 40 states and 43 foreign countries.

Loyola University Maryland believes that the cost of a high-quality education should not be a deterrent to prospective applicants, and its financial aid program is designed to make Loyola Maryland affordable to its admitted students. Approximately 95 percent of all undergraduate students received a Loyola-funded grant or scholarship, and 87 percent of demonstrated need was met by institutional financial aid as well as available state and federal aid in the fall of 2020. Overall, approximately 98 percent of all undergraduates received some form of aid from federal, state, institutional, and private sources. For the last several entering classes, the number of Pell-eligible students enrolled has remained consistent, ranging from 14 to 16 percent.

More than 64,000 Loyola Maryland alumni serve as lifelong stakeholders and are the University’s largest constituency group. Loyola Maryland graduates are connected by a transformational, Jesuit educational experience and remain committed to the University’s health and future. Loyola Maryland also has several active alumni advisory boards that shape and drive the future of alumni efforts at Loyola Maryland.

The most recent capital campaign, Bright Minds, Bold Hearts, which launched publicly in December 2013, was the largest campaign in Loyola Maryland’s history. The campaign added $54 million to the University’s endowment, created 115 new scholarships, and increased the funding of 55 existing scholarships. The money also enhanced athletic facilities, supported the mission and ministry of the University, invested in the local community, and strengthened academic programs including Peace and Justice studies, global studies, and the first-year program Messina.

CAMPUSES Loyola Maryland offers a beautiful residential campus to its students, and approximately 80 percent

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of undergraduates live on campus. A well-established student affairs program engages students in a co-curricular experience within this highly residential community.

The University maintains four campuses in the greater Baltimore metropolitan area. The main campus is in northern Baltimore City and primarily houses Loyola Maryland’s undergraduate programs. The Timonium and Columbia campuses focus on graduate programs and offer convenient access for working professionals. The University also operates the Loyola Clinical Centers at Belvedere Square and the Columbia campus. In all, the University has just over 2 million square feet of building space across some 200 acres. Approximately half of this space is used for residence halls, with the remainder used for student engagement along with academic, activities, administrative, and athletic purposes.

CITY OF BALTIMORE Baltimore is the largest city in Maryland and the center of a metropolitan area of 1.5 million people. Located on the Chesapeake Bay, the city is a melting pot of cultures and neighborhoods, ranging from metal and glass skyscrapers to brick row houses to the famous Inner Harbor.

Baltimore offers cultural opportunities, professional sports, outdoor activities, and much more. Charm City is within driving distance of magnificent beaches, ocean resorts, and spectacular mountains. Washington, D.C., Philadelphia, and New York are also an easy drive or train ride away.

THE ROLE OF THE PRESIDENT

The President of Loyola Maryland is the chief executive of the University, responsible for overseeing all affairs of the institution. The President is elected by the Board of Trustees and sits as a member of the board.

Reporting to the President is an executive team that includes the Chief Diversity and Inclusion Officer; the Provost and Vice President for Academic Affairs; the Senior Vice President; the Vice President of Administration and Finance; and the Vice President and Special Assistant to the President.

KEY OPPORTUNITIES AND CHALLENGES:

The next President of Loyola University Maryland will be empowered to address these key opportunities and challenges:

Set and pursue a compelling and competitive vision for Loyola Maryland’s future.

Loyola University Maryland has evolved to reflect the needs of its students and the demands of the time, but its fidelity to its mission has been steadfast. The next President will join the University at a moment when institutions of higher education are being tested on multiple fronts. Demographic shifts pose challenges to enrollment, admissions, and financial aid; economic pressures weigh on families and students; and national student debt continues to move upwards. In addition, the nation

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and world face acute sociocultural, racial, and political issues and problems, as well as an environmental crisis and threats posed by the global pandemic. In this difficult moment, the President will be called upon to set a successful pathway for the future and uphold the University’s Ignatian values.

In collaboration with the board and the Loyola Maryland community, the next President will formulate, articulate, and lead the implementation of a clear vision for the University. Central to this exercise will be determining how Loyola Maryland can continue to distinguish itself from its peers and gain regional and national recognition for its academic programs and commitment to educating the whole person in accordance with its Ignatian values. Working with their senior leadership team, the next President will pursue this vision, ensuring that strategic planning aligns with academic and capital planning and resource allocation.

Embrace and advance the Jesuit tradition that is integral to Loyola Maryland’s distinct experiences and core identity.

The next President must have a thorough understanding of Loyola Maryland’s Jesuit, Catholic mission and identity and be eager and able to lead and advance that tradition. She or he must likewise ensure that the University’s choices about the future are rooted in and informed by a commitment to these values and mission as well as the University’s strong ties to the Jesuit community. It will be important for the next President to articulate both internally and externally the benefits of a Jesuit and Catholic liberal arts education with strong professional and graduate programs and for the President to serve as the moral leader for the University.

Strengthen Loyola Maryland’s commitment and action on issues of equity, diversity, and inclusion.

Fostering a true and fruitful dialogue requires a diverse community of participants. While much work has been done to advance these principles and ideals at Loyola Maryland, there is further room and desire for growth. In alignment with the mission and core values of the University, the President will work to further the University's commitment to diversity, equity, and inclusion. This requires a relational leader with high emotional intelligence and a deep respect and appreciation for a diverse community of individuals. The President will prioritize efforts that help retain students, faculty, and staff with underrepresented identities, and create a sense of safety and belonging on campus. By influence and by example, the President will foster an informed campus culture that pursues and celebrates diversity, equity, and inclusion as foundations for its excellence.

Continue to support and strengthen the University’s undergraduate and graduate academic offerings.

Loyola Maryland is proud to be a university whose mission is to educate each student intellectually, morally, and spiritually. When setting out a vision for Loyola Maryland’s future, the next President will work closely with the Provost, the faculty, and other University leadership to ensure the continued academic success and rigor of the institution. This will include assessing the current

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programmatic offerings, supporting the rise of online education, and developing new programs within desired markets. Opportunities to expand the University’s impact and reach exist at both the undergraduate and graduate levels, both residentially and on-line, and the next President will lead the conversation on the balance, interplay, and integration across these two educational activities of the University. The next President will also consider how to support faculty at Loyola Maryland in delivering the best educational experience possible, considering their teaching and research responsibilities, and determining the best mix of tenure/tenure track and adjunct faculty at the University.

As the higher education landscape evolves, the next president will bring a powerful voice in the ongoing national dialogue on the importance of a residential, liberal arts education. With all aspects of higher education under closer scrutiny, Loyola Maryland will have the opportunity to use this moment to reaffirm its commitment to its academic strengths and ensure that its upward trajectory continues.

Ensure the University’s future financial strength and stability.

The next President, in close collaboration with the Board of Trustees and the senior leadership team, will be responsible for ensuring that the University’s short- and long-term financial condition is sound. Like many private universities, Loyola Maryland is a tuition-dependent institution and increasingly concerned about the rising costs of education, continued demographic changes, and the recent economic impacts of the global pandemic. Working with the talented team in place, the President will build, maintain, and direct an effective and efficient leadership team to allow the University to make sound decisions regarding enrollment goals, recruiting targets, and new and existing programs. The President must consider new revenue streams and critically analyze how to balance academic quality and access and affordability.

Increased philanthropic support will be crucial to grow Loyola Maryland’s endowment and provide more flexibility for the University to prosper in this challenging economy. The next President will be expected to be a fully engaged and dynamic force in the ongoing development efforts of the University and to seek out new, untapped fundraising sources.

Connect more deeply with the Baltimore community.

The Jesuit tradition encourages attention to personal experience, cultivation of a reflective and discerning approach, and engagement with the broader world, based on the conviction that God can be found in all things. The Jesuits have also long promoted living in solidarity with the poor and disenfranchised, through acts of service in the name of a profound love and respect for all human beings. Engaging with the world is therefore fundamental to Loyola Maryland and the work ahead for the new President.

The Baltimore community is a rich, diverse landscape that provides many collaborative opportunities between the city and the University. Many Loyola Maryland students already participate regularly in volunteer and service activities, but there is an increased desire for the University - and particularly its next President - to be more involved and present within the community. The President of Loyola

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Maryland will occupy a leadership role in the city and must prioritize developing and strengthening key relationships with civic and business leaders within the city of Baltimore.

Engage with all stakeholders and build an open and transparent culture.

Since its founding, Loyola Maryland has been led by a Jesuit, and this transition holds the possibility of great change, as the University considers the appointment of a lay leader for the first time in its long history. The next President will need to be a servant leader, a convener, a bridge-builder, and an open, transparent communicator who values input from the greater community. The President must be accessible to the Loyola Maryland community and the city of Baltimore and engage openly, authentically, and frequently with University students, faculty, staff, alumni, and Board. Bringing a diverse community together, leading varied voices through conversation and reflection, enhancing strong alumni relations, and negotiating and identifying points of commonality will anchor the success of the next President.

PROFESSIONAL AND PERSONAL QUALIFICATIONS AND CHARACTERISTICS

Loyola University Maryland seeks a visionary, inspiring, and collaborative leader to guide the institution's next period of growth and to uphold the Jesuit, Catholic, liberal arts mission of the University. The Committee welcomes and encourages expressions of interest from all.

The successful candidate will bring many of the following experiences, abilities, and qualities:

• A history of visionary, strategic, and collaborative leadership, with a record of success that inspires the Loyola Maryland community and resonates with the core mission of the University; • A commitment to the Catholic faith and a demonstrated awareness and familiarity with it and with Jesuit education and Ignatian spirituality; • Passion for the principles and practices of diversity, equity, and inclusion; demonstrated success in diversity initiatives; broad experience working with and advocating for students, faculty, and staff of diverse backgrounds; the will to embrace diversity in all aspects within the Loyola Maryland community; • Commitment to academic excellence and the liberal arts; intellectual presence and vitality; passion for learning and scholarship; and belief in the transformative power of education; • Demonstrated commitment to maintaining and advancing the University's relationship with the Society of Jesus; • Moral leadership; ability to uplift and comfort the community in times of celebration and grief; • Knowledge of the issues and challenges facing higher education, including finances, athletics, and shifting market dynamics; understanding of the interplay between academic priorities and resource requirements; and experience setting and overseeing budgets; • Significant and successful experience managing, allocating, and prioritizing financial, physical, and human resources; • A collaborative and transparent interpersonal style that fosters an environment of trust,

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empowerment, and shared governance; proven experience and leadership in times of crisis and uncertainty; ability to connect with others and to create meaningful dialogue; • Inclusive and personal management style and experience, with the highest standards of honesty and integrity, and the ability to make difficult and unpopular decisions; • Strong management, planning, and financial skills; an astute understanding of university finances and the relationships among academic priorities; experience setting and overseeing budgets; • An established record in fundraising, including an ability to engage a broader community in support of the University, and an enthusiasm for and successful experience with major donor, foundation, and corporate relationships, or evidence of such capacity; • Qualities of personability, honesty, integrity, and courageous leadership; • An earned terminal degree, preferably a doctorate, in a field that complements the liberal arts identity of the institution.

CONFIDENTIAL INQUIRIES, NOMINATIONS, REFERRALS, AND APPLICATIONS Confidential inquiries, nominations, and applications can be submitted electronically to:

Vivian Brocard, President Phillip Petree, Partner Elizabeth Dorr, Managing Associate Stephanie Simon, Associate Isaacson, Miller https://www.imsearch.com/search-detail/S7-973

Loyola University Maryland welcomes applications from all backgrounds who can contribute to its educational mission. Loyola Maryland is an Equal Employment Opportunity Employer and welcomes applications from underrepresented groups, regardless of religious affiliations.

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