New Jersey Governor Sets Strict New Ethics Rule to Avoid Conflicts of Interest for College Leaders

by E Wayne Ross on November 18, 2005

The Chronicle: New Jersey Governor Sets Strict New Ethics Rule to Avoid Conflicts of Interest for College Leaders

Presidents of New Jersey’s public colleges and members of their governing boards have 30 days to sever business relationships with the institutions or resign, under an executive order issued this week by Richard J. Codey, the state’s acting governor.

The governor’s action, announced on Wednesday, followed concerns about possible conflicts of interest on the Board of Trustees of the University of Medicine and Dentistry of New Jersey that were raised by two accrediting bodies, the American Medical Association and the Commission on Higher Education of the Middle States Association of Colleges and Schools.