Boston Fed Marks Firsts with New CEO … MIT and Tufts Presidents Announce Plans to Leave Posts

By John O. Harney

Comings and Goings …

Susan M. Collins

The Federal Reserve Bank of Boston named University of Michigan Provost Susan M. Collins to be the bank’s next president and CEO. An international macroeconomist, Collins will be the first Black woman to lead a regional bank in the 108-year history of the Fed system. In addition to being the University of Michigan’s provost and executive vice president for academic affairs, Collins is the Edward M. Gramlich Collegiate Professor of Public Policy and Professor of Economics. She holds an undergraduate degree from Harvard University and a doctorate from the Massachusetts Institute of Technology. She will succeed Eric Rosengren, who retired in September after 14 years leading the Boston Fed.

Massachusetts Institute of Technology President L. Rafael Reif announced he will leave the post he has held for the past decade at the end of 2022. A native of Venezuela, Reif began working at MIT as an electrical engineering professor in 1980, then served seven years as provost before being named president in 2012. Among other things, he presided over a $1 billion commitment to a new College of Computing to address the global opportunities and challenges presented by the rise of artificial intelligence (AI) and oversaw the revitalization of MIT’s physical campus and the neighboring Kendall Square in Cambridge, Mass. Reif said he will take a sabbatical, then return to MIT’s faculty in its Department of Electrical Engineering and Computer Science.

Tufts University President Anthony Monaco told the campus that he will step down in the summer of 2023 after 12 years leading the university. A geneticist by training, Monaco ran a center for human genetics at Oxford University in the U.K. and, at Tufts, worked with the Broad Institute on Covid-19 testing programs that helped universities return to in-person learning. Among his accomplishments, Monaco oversaw the university’s 2016 acquisition of the School of the Museum of Fine Arts in Boston as well as the removal of the “Sackler” name from its medical school after the Sackler family and its company, Purdue Pharma, were found to be key players in the opioid crisis.

The Biden administration tapped David Cash, dean of the John W. McCormack Graduate School of Policy and Global Studies at UMass Boston and former commissioner of the Massachusetts Department of Environmental Protection, to be the regional administrator for the U.S. Environmental Protection Agency in New England.



Leave a Reply

  • (will not be published)

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>