Domino's founder Tom Monaghan stepping aside from day-to-day control of Ave Maria University
Domino's Pizza founder Thomas S. Monaghan is stepping aside from the day-to-day running of the Catholic university he founded, the school announced Thursday.
Jim Towey has been hired to be Ave Maria University's next president, the Florida school said.
"This decision was a result of ongoing discussions that I've had with the board throughout the last couple of years in terms of developing and implementing a succession plan," Monaghan said in a press release. "This new structure will enable me to spend more time working with university supporters both locally and nationally. It will also free me up to do more public speaking to promote awareness of AMU among high school students and potential benefactors. I'll also be able to work on some special projects and a book I have wanted to write for some time.
"I have known Jim for more than 10 years and am very excited about the new stage of growth and development that AMU has to look forward to under his leadership. He is a man of high moral character and professional competence."
Ave Maria University opened in Florida in 2003 after Ann Arbor Township planners rejected Monaghan's plans to move the college to Domino's Farms from Ypsilanti and start the university there. In 2006, Ave Maria College in Ypsilanti was closed and joined with the Florida campus.
Towey comes to AMU after serving as president of Saint Vincent College in Latrobe, Penn., from 2006 until June 2010. While serving as president at Saint Vincent, the school achieved record enrollment, multi-year fiscal surpluses and undertook extensive campus-wide construction and renovation projects, according to the press release.
Prior to leading Saint Vincent, Towey served four years in George W. Bush's administration as the Assistant to the President of the United States and director of the Office of Faith-Based and Community Initiatives.
David Jesse covers higher education for AnnArbor.com. He can be reached at firstname.lastname@example.org or at 734-623-2534.