NEW BRUNSWICK, N.J. – Robert L. “Bob” Stevenson, a businessman from North Brunswick, has been elected to a one-year term as chair of the Board of Trustees of Rutgers, The State University of New Jersey.
Stevenson, president of PL Custom Emergency Vehicles in Manasquan, succeeds Mark P. Hershhorn as chair. He joined the board as a charter trustee in 2002 and subsequently served two terms as co-vice chair, the second with Dudley H. Rivers Jr., West Windsor, who was re-elected co-vice chair. Rivers is the controller, Global Financial Services at Johnson & Johnson.
Kenneth M. Schmidt, now retired as managing director at Dillon Read & Co. Inc., was elected co-vice chair. He lives in New York.
Stevenson earned a bachelor of science from Rutgers’ School of Engineering and a bachelor of arts from Rutgers College in 1965, and a master of science in business from the Illinois Institute of Technology in 1968. He has served as vice chair of the Rutgers Alumni Association.
Rivers earned a bachelor of arts from Rutgers College in 1982 and an MBA from Columbia University in 1984. Schmidt is a 1967 graduate of Rutgers College and earned an MBA from Western New England College in 1969.
The historic Board of Trustees comprises 59 voting members whose selection is mandated by state law. It acts in an advisory capacity to the Board of Governors.
Established in 1766, Rutgers is one of the nation’s premier research universities, serving more than 53,000 students on campuses in Camden, Newark and New Brunswick.
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