Drexel President Gets Five-Year Contract Extension

John Fry has a new contract, and a new beard.

Drexel University has extended the contract of President John Fry for five more years. The Drexel Board of Trustees announced the move at its latest meeting.

Fry has had serious fundraising success at the school since starting his presidency in 2010 — helping to raise $455 million and $425 million in separate capital campaigns.

He was president of Franklin & Marshall College from 2002 to 2010.

“President Fry has demonstrated a unique vision for how an urban research university like Drexel can serve not only our students but also society,” said Richard A. Greenawalt, chairman of the Board of Trustees. “He’s built a consensus around that vision while tackling the challenges of the rapidly changing higher education landscape. Our board is happy to have this extension in place so we can continue the good work that’s been started.”