{"id":1802,"date":"2009-10-24T08:26:56","date_gmt":"2009-10-24T12:26:56","guid":{"rendered":"https:\/\/www.transy.edu\/1780\/2009\/10\/shearer-announces-retirement-as-president-of-transylvania-university\/"},"modified":"2020-07-14T13:58:38","modified_gmt":"2020-07-14T17:58:38","slug":"shearer-announces-retirement-as-president-of-transylvania-university","status":"publish","type":"post","link":"https:\/\/www.transy.edu\/1780\/2009\/10\/shearer-announces-retirement-as-president-of-transylvania-university\/","title":{"rendered":"Shearer announces retirement as president of Transylvania University"},"content":{"rendered":"

\"CharlesLEXINGTON, Ky., Oct. 24, 2009\u2014President Charles L. Shearer today announced his retirement to the Transylvania University Board of Trustees at their annual fall meeting. Upon his retirement, effective June 30, 2010, after 27 years in office, he will be the longest-serving president in Transylvania\u2019s 230-year history.<\/p>\n

Board chair William T. Young Jr. reluctantly accepted Shearer\u2019s resignation and said that a committee will be appointed immediately to oversee a national search for his successor. He also spoke on behalf of the board in tribute to Shearer\u2019s many years of dedicated service to the university.<\/p>\n

\u201cDuring Charles Shearer\u2019s tenure, Transylvania has been transformed,\u201d Young said. \u201cWhen he became president in 1983, the university had a enrollment of fewer than 700 students, a minimal endowment, and an aging physical plant. Today, Transylvania\u2019s enrollment is at our comfortable capacity of about 1,100, the endowment stands at $115 million, the campus has been essentially rebuilt, and the university is ranked among the leading liberal arts colleges in the nation. This transformation has been driven by Charles\u2019s leadership, attention to detail, dedication, and incredible enthusiasm.\u201d<\/p>\n

Young noted that Shearer\u2019s 27-year tenure is remarkable in comparison with other college and university presidents across the country, whose average tenure is 8.5 years in office, according to the American Council on Education. He also said that Shearer has graciously agreed to stay on as president beyond June 30, if necessary, until the right candidate is identified and appointed. He will also continue to play a supportive role for the college.<\/p>\n

Shearer told the board that he is proud of how the university has progressed under his leadership, but will always be mindful of the dedication of others that made it possible.<\/p>\n

\u201cTransylvania today enjoys historically high enrollments, academically talented and dedicated faculty members and students, an outstanding administration and staff, the best group of board members I have ever had the privilege to work with, and widespread support from alumni, parents, and friends,\u201d Shearer said.<\/p>\n

\u201cWhile I have taken a leadership role, it\u2019s an obvious truth that credit for our accomplishments goes to everyone who has been a part of Transylvania over these years. Time and again, the Transylvania community has shown an uncommon devotion to furthering the interests of this historic institution. I am so grateful for all of that hard work and support, without which my presidency would not have been possible.\u201d<\/p>\n

Shearer was named to the presidency in July 1983 at the age of 40 after serving four years as the university\u2019s vice president for finance. One of his first priorities was to increase enrollment, which stood at 655. By the next fall, the entering class had climbed 46 percent over the previous year, to 312, and overall enrollment climbed 19 percent to 785. By 2008, an all-time high of 1,153 students were enrolled, a 76 percent increase.<\/p>\n

Academic quality of the faculty and student body was another priority. The number of students receiving prestigious William T. Young Scholarships, which cover full tuition and fees for four years, grew from 10 to 25, and the innovative Bingham Program for Excellence in Teaching provided financial rewards to high achieving professors.<\/p>\n

Further bolstering the academic environment was the creation of two major endowed funds for faculty and student research. The David and Betty Jones Fund for Faculty Development was instituted in 1989 to support summer research and has funded 427 faculty and student proposals since its inception. The $3 million Kenan Fund for Faculty and Student Enrichment, begun in 1999, has funded 115 faculty and student projects.<\/p>\n

Working at the direction of the board, Shearer has overseen the completion of 13 new buildings, athletics fields, and major renovations at a total cost of $53.5 million. New construction has included classroom buildings, a student center, an athletics center, a library, a theater, and residence halls. The projects began with the dedication of the $4 million William T. Young Campus Center in December 1983 and continue today with the on-going $9.2 million renovation of laboratory space in Brown Science Center.<\/p>\n

Financial resources have increased dramatically during Shearer\u2019s tenure as the endowment climbed from $32.8 million in 1983 to an all-time high of $144 million in 2007, an increase of 339 percent. The economic downturn that has affected virtually all colleges and universities has left the endowment at $115 million today.<\/p>\n

Under Shearer\u2019s tenure, Transylvania began to invest in comprehensive long-range strategic planning for the first time in its modern history, an effort that continues today with the recent release of the 2009-2012 Strategic Plan with 70 goals to improve the college in every significant area.<\/p>\n

Overall progress may also be seen in the national rankings Transylvania has won during these years. After achieving No. 1 rankings in U.S. News & World Report for 1989 and 1993 in the regional liberal arts colleges in the South category, the university moved to the national liberal arts category in 1994 and has enjoyed solid rankings in that section ever since.<\/p>\n

Perhaps the most important initiative in the area of athletics during Shearer\u2019s presidency was the move from the scholarship-based National Association of Intercollegiate Athletics to the non-scholarship Division III of the National Collegiate Athletic Association in 2004. Membership in NCAA Division III puts Transylvania among its peer institutions, who share a dedication to the student-athlete ideal that places intercollegiate athletics participation firmly in the context of the overall academic and social purposes of the school.<\/p>\n

Board chair Young provided a final perspective of Shearer\u2019s remarkable service to the university.<\/p>\n

\u201cPerhaps his greatest legacy is the close relationship he enjoys with so many Transylvania students, whose lives he has touched personally. Dr. Shearer will be difficult to replace, but, thanks in large part to his efforts, his successor will have a strong school to lead.\u201d<\/p>\n

Shearer paid tribute to the role his family has played in his success.<\/p>\n

\u201cMy wife, Susan, has been by my side through all these years, serving as the perfect hostess and ambassador for the university, both in official capacities and informal situations,\u201d Shearer said. \u201cWe both had the pleasure of seeing our sons, Todd, Mark, and Scott, all graduate from Transylvania.\u201d<\/p>\n

As he contemplated life after his presidency, Shearer told the board members that Transylvania will always be a part of him.<\/p>\n

\u201cWhen the next eight months have come and gone, and I leave this office to walk down the front steps of Old Morrison for the final time as your president, you can be sure that I will be taking a large part of the university with me. Transylvania will always hold a special place in my heart, as will each of you.\u201d<\/p>\n

Presidential Search<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

LEXINGTON, Ky., Oct. 24, 2009\u2014President Charles L. Shearer today announced his retirement to the Transylvania University Board of Trustees at their annual fall meeting. Upon his retirement, effective June 30, 2010, after 27 years in office, he will be the longest-serving president in Transylvania\u2019s 230-year history. Board chair William T. Young Jr. reluctantly accepted Shearer\u2019s resignation and said that a committee will be appointed immediately to oversee a national search for his successor. He also spoke on behalf of the board in tribute to Shearer\u2019s many years of dedicated service to the university. \u201cDuring Charles Shearer\u2019s tenure, Transylvania has been transformed,\u201d Young said. \u201cWhen he became president in 1983, the university had a enrollment of fewer than 700 students, a minimal endowment, and an aging physical plant. Today, Transylvania\u2019s enrollment is at our comfortable capacity of about 1,100, the endowment stands at $115 million, the campus has been essentially rebuilt, and the university is ranked among the leading liberal arts colleges in the nation. This transformation has been driven by Charles\u2019s leadership, attention to detail, dedication, and incredible enthusiasm.\u201d Young noted that Shearer\u2019s 27-year tenure is remarkable in comparison with other college and university presidents across the country, whose average tenure is 8.5 years in office, according to the American Council on Education. He also said that Shearer has graciously agreed to stay on as president beyond June 30, if necessary, until the right candidate is identified and appointed. He<\/p>\n

Read “Shearer announces retirement as president of Transylvania University”<\/a><\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[40],"feeds":[],"class_list":["post-1802","post","type-post","status-publish","format-standard","hentry","category-news","tag-charles-l-shearer"],"yoast_head":"\nShearer announces retirement as president of Transylvania University - Transylvania University - 1780<\/title>\n<meta name=\"description\" content=\"LEXINGTON, Ky., Oct. 24, 2009\u2014President Charles L. 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Shearer will be inducted into the University of Kentucky Hall of Distinguished Alumni on Friday.","rel":"","context":"In "Campus Updates"","block_context":{"text":"Campus Updates","link":"https:\/\/www.transy.edu\/1780\/category\/campus-updates\/"},"img":{"alt_text":"president shearer","src":"https:\/\/i0.wp.com\/www.transy.edu\/1780\/wp-content\/uploads\/sites\/14\/2021\/09\/charles_shearer_award.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.transy.edu\/1780\/wp-content\/uploads\/sites\/14\/2021\/09\/charles_shearer_award.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.transy.edu\/1780\/wp-content\/uploads\/sites\/14\/2021\/09\/charles_shearer_award.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.transy.edu\/1780\/wp-content\/uploads\/sites\/14\/2021\/09\/charles_shearer_award.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.transy.edu\/1780\/wp-content\/uploads\/sites\/14\/2021\/09\/charles_shearer_award.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":1772,"url":"https:\/\/www.transy.edu\/1780\/2008\/04\/samuel-g-barnes-mary-lou-dietrich-harmon-brian-clark-wood-charles-l-shearer-and-susan-p-shearer-receive-top-honors-at-transylvanias-alumni-weekend-awards-ceremony\/","url_meta":{"origin":1802,"position":3},"title":"Samuel G. Barnes, Mary Lou Dietrich Harmon, Brian Clark Wood, Charles L. Shearer and Susan P. Shearer receive top honors at Transylvania\u2019s alumni weekend awards ceremony","author":"Office of Marketing and Communications","date":"April 29, 2008","format":false,"excerpt":"LEXINGTON, Ky.\u2014Transylvania bestowed its top awards to distinguished alumni and friends during the university\u2019s annual alumni weekend awards luncheon on April 26. Samuel G. Barnes, president and CEO of Fifth Third Bank, Central Kentucky, received the Irvin E. Lunger Award, which is presented to a non graduate for unique and\u2026","rel":"","context":"In "Alumni"","block_context":{"text":"Alumni","link":"https:\/\/www.transy.edu\/1780\/category\/alumni\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.transy.edu\/sites\/default\/files\/news\/images\/illustrations\/sBarnes.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1873,"url":"https:\/\/www.transy.edu\/1780\/2012\/12\/charles-l-shearer-president-emeritus-of-transylvania-university-receives-honorary-degree-from-university-of-kentucky-at-december-commencement-alumnus-david-lollis-also-honored\/","url_meta":{"origin":1802,"position":4},"title":"Charles L. Shearer, president emeritus of Transylvania University, receives honorary degree from University of Kentucky at December commencement; alumnus David Lollis also honored","author":"Office of Marketing and Communications","date":"December 17, 2012","format":false,"excerpt":"Charles L. Shearer, right, receives his honorary degree from UK President Eli Capilouto. Photo by Matt Goins. LEXINGTON, Ky.\u2014Charles L. Shearer, president emeritus of Transylvania University, was awarded an honorary Doctor of Letters degree at the December commencement ceremonies at the University of Kentucky for his lifetime service to higher\u2026","rel":"","context":"In "Alumni"","block_context":{"text":"Alumni","link":"https:\/\/www.transy.edu\/1780\/category\/alumni\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.transy.edu\/sites\/default\/files\/news\/images\/illustrations\/shearerhonorarydegree.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1673,"url":"https:\/\/www.transy.edu\/1780\/2010\/03\/transylvania-trustee-issues-challenge-to-alumni\/","url_meta":{"origin":1802,"position":5},"title":"Transylvania trustee issues challenge to alumni","author":"Office of Marketing and Communications","date":"March 29, 2010","format":false,"excerpt":"LEXINGTON, Ky.\u2014Transylvania University consistently ranks in the top 15 colleges and universities nationwide for the percentage of alumni who give to their alma mater. An anonymous member of Transylvania\u2019s Board of Trustees has challenged non-giving alumni to give, and alumni who already give to increase the amount of their gift,\u2026","rel":"","context":"In "Alumni"","block_context":{"text":"Alumni","link":"https:\/\/www.transy.edu\/1780\/category\/alumni\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/posts\/1802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/comments?post=1802"}],"version-history":[{"count":1,"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/posts\/1802\/revisions"}],"predecessor-version":[{"id":13288,"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/posts\/1802\/revisions\/13288"}],"wp:attachment":[{"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/media?parent=1802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/categories?post=1802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/tags?post=1802"},{"taxonomy":"feeds","embeddable":true,"href":"https:\/\/www.transy.edu\/1780\/wp-json\/wp\/v2\/feeds?post=1802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}