Paul K. Sugrue, who has served as dean of the School of Business for 15 years, will retire at the end of the academic year.
During Sugrue’s tenure, UM has been ranked the number one business school in Florida.
Other accomplishments that have resulted from Sugrue’s leadership include a rise in GMAT scores of more than 100 points, higher SAT scores among undergraduate students accepted to the school of more than 160 points and an increase in the business school faculty by 20 percent.
Sugrue has recently raised $20 million for the Miguel B. Fernandez Family Entrepreneurship Building, a new 195,000 square-foot facility. Sugrue has also raised $50 million in donations and $150 million in special program revenues. This money is used for scholarships, school facilities and the financing of new chairs.
“I have enjoyed the opportunity to work with the faculty to make this one of the top business schools in the country,” Sugrue said in a press release.
Sugrue will continue as dean until a successor is chosen.