The Chamber of Commerce of Greater Philadelphia honors the Drexel chief with the William Penn Award for adding partners, towers, and jobs.
running the city’s second-largest university. He spoke to The Inquirer about how his focus has evolved, and Drexel’s role in the region’s future. The interview was edited for brevity and clarity.
I saw that our retention rate was not where it should be. I decided to focus on retaining more students, instead of recruiting more and losing a lot of them, and to double down on experiential learning, our co-ops [six-month paid business internships]. We are a very specific type of university, and I wanted to tell our story to the students we felt would fit best, who would be able to graduate.
What we weren’t doing, Gerry Sweeney [CEO of Brandywine Real Estate Investment Trust and his team] were doing nearby: the Cira tower, the FMC tower, the renovations on the post office block. It was clear to me that if we partnered and began to put this all together in one package, we would have something pretty powerful to offer [corporate tenants] devoted to innovation, development, economic opportunity, and economic growth.
Philadelphia is ringed by firms that left the city for the suburbs — Arkema, Boeing, GSK, Lincoln Financial, Merck, Sunoco, Vanguard. What have you done to keep companies that start in University City growing here?[the gene therapy company started by Children’s Hospital of Philadelphia scientists] as our anchor tenant [at the Evening Bulletin building].
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