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Arthur E. Imperatore Sr. Resigns from Stevens Board of Trustees

Our well-placed Stevens sources have informed us that Arthur E. Imperatore Sr. has resigned from the Stevens Board of Trustees.  His action took place during the October 7th meeting of the BOT.

After Imperatore ordered a closed-door session of the Board, there was a very heated discussion among the BOT members about the Institute's developing financial problems as chronicled by the print and broadcast media.

Is Stevens financially secure?

Stevens Institute of Technology
Faculty members raise the question as auditors threaten to leave due to lack of administrative cooperation.

Is the President's salary just?

Stevens Institute of Technology, Hoboken NJ
In the midst of the 8.5 million dollar deficit in Stevens Institute's budget, university President Hal Ravech was paid $ 696,965 for the 2002-03 academic year.