C. Stephen Cordes, of Westfield, has been named to the NJIT Board of Trustees. Cordes is an equity partner and managing director of Clarion Partners, a leading investment advisory firm headquartered in New York City specializing in real estate with $23 billion in assets under management. He is a member of the firm’s board of directors, management executive board and investment committee. He serves as chief operating officer of the company and is the head of its portfolio management activities. Cordes is portfolio manager and chairman of the board of a $2.5 billion investment fund created through the 2005 privatization of a publicly-traded real estate investment trust specializing in multifamily property ownership and development.
NJIT NEXT, NJIT’s comprehensive campaign, has secured more than $100 million towards its $150 million goal, announced national campaign co-chairs Chief Operating Officer of Clarion Partners C. Stephen Cordes; Hatch Mott MacDonald President and CEO Nicholas M. DeNichilo; Chairman/CEO Anchor Industries International and Chairman Emeritus/Founder Tampa Bay Rays Vincent Naimoli. All three chairs are NJIT alumni. >>
NJIT will mark the new academic year on Sept. 15, 2010 with its annual University Convocation, an awards ceremony coupled with a special welcoming ceremony for the freshman class. The event will be held at 3 p.m. on Lubetkin Field at J. Malcolm Simon Stadium, on the NJIT campus. A reception for the award winners will follow. >>