Do. Make. Innovate. Reinvent the Future
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2019 Do. Make. Innovate. ANNUAL REPORT Reinvent the Future. BOARD OF TRUSTEES PRESIDENT’S COUNCIL ACADEMIC LEADERSHIP Catherine A. Allen Nada Anid, Ph.D. Junius J. Gonzales, M.D., M.B.A. Founder and CEO Vice President for Strategic Communications Provost and Vice President for Academic Affairs The Santa Fe Group and External Affairs Maria R. Perbellini, M.Arch. Philip Fasano (B.S. ‘80) Jerry Balentine, D.O., FACOEP, FACEP School of Architecture and Design, Dean Chief Executive Officer Dean, College of Osteopathic Medicine Daniel Quigley, Ph.D. Bay Advisors, LLC Vice President, Health Sciences and College of Arts and Sciences, Dean Medical Affairs Peter A. Ferentinos Babak Beheshti, Ph.D. Chief Executive Officer Catherine R. Flickinger, J.D. College of Engineering and Qualco Inc. General Counsel and Vice President Computing Sciences, Dean for Human Resources Jess Boronico, Ph.D. Dan Ferrara (D.O. ‘86) School of Management, Dean Northeast Regional President Junius J. Gonzales, M.D., M.B.A. Alteon Health Provost and Vice President for Academic Affairs Jerry Balentine, D.O., FACOEP, FACEP Dean, College of Osteopathic Medicine Itzhak Fisher (B.S. ‘82) Barbara J. Holahan, CPA, M.B.A. Vice President, Health Sciences Founder and General Partner Vice President for Financial Affairs, and Medical Affairs Pereg Ventures Chief Financial Officer and Treasurer Gordon Schmidt, Ph.D. Henry C. Foley, Ph.D. Patrick Minson, M.B.A., M.P.A. School of Health Professions, Dean President Vice President for Development and New York Institute of Technology Alumni Relations Henry Iervolino (B.S. ‘82) Suzanne Musho, AIA, NCARB President and CEO Vice President and Chief Architect for Triton Capital Management, LLC Capital Planning and Facilities Management Michael J. Merlo [Vice Chair] Joseph Posillico, Ed.D., CPA Former Chief Credit Officer Vice President for Enrollment Management Signature Bank Pennie S. Turgeon, M.B.A. Ted Moudis (B.Arch. ‘80) Vice President for Information Technology Founder and Senior Principal and Chief Information Officer Ted Moudis Associates Daniel Vélez, M.S. Monte N. Redman (B.S. ‘81) Director of Athletics and Recreation Former President and Chief Executive Officer Astoria Bank Peter J. Romano (B.Arch. ‘76) [Vice Chair] President Peter J. Romano & Company Roger A. Sawhney, M.D. Director Kohlberg Kravis Roberts PRODUCED BY THE OFFICE OF STRATEGIC COMMUNICATIONS Kevin D. Silva [Chair] AND EXTERNAL AFFAIRS Executive Vice President and New York Institute of Technology Chief Human Resources Officer P.O. Box 8000 Voya Financial Old Westbury, N.Y. 11568-8000 Deborah Verderame (B.Arch. ‘83) ©2020 New York Institute of Technology President Reproduction in whole or in part is prohibited Verderame | Cale Architecture, PLLC without written permission. Caroline Watteeuw Photos: Getty Images, Jason Jones, Dost Former Global Chief Technology Officer Khalique, Andre Kopinski, Omar Lopez – PepsiCo Sorrentino Media, Willam Motzing, Office of Alumni Relations, Phillip Retuta, Martin Seck, Robert A. Wild, Esq. Barry Sloan, James Troici Chairman/Founding Partner Garfunkel Wild, P.C. Design: Eson Chan DEAR FRIENDS, THANK YOU FOR SUPPORTING New York Institute of Technology ON BEHALF OF THE BOARD OF TRUSTEES of and embracing our dynamic and evolving “maker-doer” culture. Thanks to New York Institute of Technology, thank you for the generosity of our donors, we’ve been able helping us provide our to leverage new and existing resources to students with the best achieve some significant milestones, including: education possible. To invest in higher • A major surge (more than 140 places) in our education is to invest annual Times Higher Education/Wall Street in our shared future— Journal (THE/WSJ) rankings since 2017 and an one that will be shaped eight-point jump in our U.S. News & World Report (and reshaped) by regional, veterans, and social mobility rankings. the tech-savvy college students that you’ll • In fall 2019, we experienced net increases in find in our classrooms, transfer and graduate enrollment and saw signifi- incubators, maker cant upticks in our retention (an increase from spaces, and laboratories. 75% in fall 2018 to 80% in fall 2019 in Long Island; and from 66% to 82% in Your generosity continues to fuel their learning New York City for the same time period). Our graduation rates, meanwhile, experiences and professional development, helping went up a full 2 percentage points. them find solutions for the challenges of the 21st century—solutions that we, and the world at large, • In November, we received formal acknowledgment from the Middle States will benefit from. Commission on Higher Education (MSCHE) reaffirming accreditation. We are proud to fill an important niche in higher education, one that provides a tremendous • New York State approved our institution’s second Ph.D. program, and we plan opportunity to those who may think they cannot to welcome students to our new Ph.D. in Computer Science degree program afford a college education. Our faculty serve as next year. inspiring mentors who share their expertise while encouraging students to aspire to do great things. Our • New York Tech is now a member of the prestigious Association of Independent ever-increasing number of technology-infused research Technological Universities (AITU), a group of leading universities and colleges and learning spaces ensures that students have the whose membership also includes CalTech, MIT, and Carnegie Mellon. same tools used by leading real-world professionals. Thanks to your support, the resources and unique And those are just a few highlights from this past year! Indeed, it’s a brand new experiences that we are able to offer our students will day at New York Institute of Technology: we’ve also debuted a bold new brand and afford them a competitive edge as they jumpstart their are reinventing the future in so many ways; with new leadership, expert faculty, careers immediately upon graduation and will sustain in-demand curricular offerings, transformative pedagogy, high-impact teaching them throughout their careers. We also hope that practices, cutting-edge technology, modern facilities, and sound financial strategies. your generosity during their student years will instill Our goal at New York Tech is to deliver outstanding teaching and learning in them the importance of giving back to causes experiences in and out of the classroom that put our students on pathways leading bigger than themselves. Through your support you to prosperous and rewarding careers. With your continued support, we look to a do change the lives of others in a meaningful way. 2020 that is bright with promise, with some exciting plans that will have a significant Thank you again for all you do for our students and impact on our students and our history as we reinvent the future—our future! for New York Tech. Thank you for your support, Regards, Henry C. Foley, Ph.D. Kevin Silva, Sc.D. President Chair, Board of Trustees New York Institute of Technology New York Institute of Technology THE “ROARING” 20s: INNOVATING THE FUTURE AT NEW YORK TECH AS NEW YORK TECH’S STUDENTS prepare for a successful future, the university is also looking ahead, bolstering resources, talent, and facilities for its own near- and long-term future. With recent expansions in teaching and research facilities, the The new 90,000-square- institution is positioning itself as a foot Campus Commons higher education leader in the region, will serve as a community hub for all students, nation, and on the international stage. faculty, staff, and guests. 2 | NEW YORK TECH ANNUAL REPORT 2019 nyit.edu/giving | 3 ust as New York Tech’s students York Tech into the future. Turgeon arrived in are equipping themselves for the early October as vice president of information future, the university is bolstering technology and chief information officer. And itself to chart a steady course for the in December, Suzanne Musho filled the new Jfuture—from the near to long term. In the past position of vice president and chief architect year, impressive outcomes in critical areas— for capital planning and facilities management. accreditation, rankings, and student suc- Both new IT infrastructure and new, better cess—as well as recent expansions in teaching, facilities are central to the strategy of enhanc- research facilities, and academic programs are ing all aspects of the student experience. proof that the institution is progressing rapidly toward the goal of being a leader among insti- • The Middle States Commission on Higher tutions in the New York metropolitan region, Education (MSCHE), after a rigorous evalua- nationally, and internationally. tion process, confirmed accreditation, with the next evaluation visit scheduled for 2026-2027. The significant steps the university has Provost and Vice President for Academic taken in recent months include: Affairs Junius Gonzales, M.D., M.B.A., • A new brand identity that incorporates a bold described the milestone as a reflection of “our logo, stronger and deeper institutional colors faculty, staff, and students’ commitment to invoking those of New York State, and a new accelerating positive change for our institu- tagline that captures what makes the institu- tion.” As one of seven regional accreditors who tion unique: that “New York Tech” is a place assure the public—and the U.S. Department where students, faculty, and staff find ways to of Education—that universities are doing what “Do. Make. Innovate. Reinvent the Future.” they profess to be doing, MSCHE pays close Coinciding with the institutional rebranding attention to student success as a measure of was a refresh of the athletics visual identity, institutional effectiveness. including a new mascot, “Roary,” unveiled at Homecoming in the fall of 2019. • The Long Island campus opened two new “ Our region is spaces in January 2020, both tied to interdisci- • Accomplished leaders Pennie S. Turgeon, plinary research initiatives and hands-on teach- once again M.B.A., and Suzanne Musho, AIA, NCARB, ing and learning.