YU's New CFO
Yeshiva University has a new Chief Financial Officer, Rick Annis, and will retire the position of vice president of business affairs, which was held by Sheldon Socol. During his tenure, Socol restructured the school's finances and he is credited with saving the institution from bankruptcy, bringing its endowment to the present $1.5 billion. In the past two decades, he also came to be viewed as the man most in charge of the goings-on at the university. Socol will be given the title of vice president and counselor to the president, where he is expected to oversee various new initiatives.
I'm having trouble finding people who are around to comment about Socol's tenure.
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Cmon what was the DJIA in 1975-what is it today?
What was the endowment in 75 what is it today.
YU got rid of schools eg Belfer.
In our days it was once said about Sheldon Socol-Socol Yisakel hashor...
Who runs YU-the Boasrd not the Roshei Hayeshiva. The Board is interested in bottom line-moolah shmoolah.
Like any other new King-I guess King Richard wants his own man in. What else is new King Norman did the same thing.
Posted by: Ex YU'er | Aug 11, 2004 8:25:45 PM
How about doing some research on the new guy Rick Annis?
Have you done Google search on him yet? Called his old co-workers?
Posted by: tr | Aug 11, 2004 8:50:20 PM
Dud a google search-it appears he may have been at Catholic Hospitals-trying to cut down on indigent care and toughening receivables-but low confidence don't know him. Good idea why did King Richard pick him?
Posted by: wx-YU-er | Aug 12, 2004 3:11:22 AM
Sheldon Socol saved the school financially. He worked hard and earned the title of most hated man in YU. He started Sy Simms, altering YU's status as purely a liberal arts school for the sake of creating a cash-cow. One of the few things that faculty members of bothe the Yeshiva and the University emphatically agreed on was that he was a problem.
Posted by: greymantle | Aug 12, 2004 2:50:11 PM
Socol was never popular-my connection with YU is long before Syms and Cardozo-both money making schools.
Posted by: ex-Yu'er | Aug 13, 2004 1:51:59 AM
If you would like comments on Sheldon Socol, email me and will disclose the name of a beloved Professor who will gladly rail on the guy for as long as you're willing to listen. I took this professor much for my minor and I feel as though I majored in Socol. One tidbit- he was the highest paid official of his title among any and all respected Universities.
Posted by: Jake | Aug 13, 2004 8:09:40 AM