Joseph Neubauer (M.B.A. ’65), a former CEO of the Aramark Corporation and serial donor to the University, was elected as the next chair of the University of Chicago Board of Trustees last Thursday. Neubauer will replace Andrew Alper after the Board’s next annual meeting on May 28.
Neubauer takes over the role after working at the head of the University of Chicago Campaign: Inquiry and Impact, which aims to raise more than four billion dollars. (Alper also came into the office after running a large capital campaign for the University.)
Neubauer has been on the board of trustees since 1992 and became vice-chairman in 2012. He is a member of the board’s Alumni Relations and Development Committee and its Executive Committee, as well as the Council on Chicago Booth.
Alper served two three-year terms as head of the board of trustees starting in 2009—a period that saw both the ramifications of a significant economic downturn for University finances and, in 2014, the University’s best fundraising year to date.
Joseph Neubauer and his wife, Jeanette Lerman-Neubauer, donated millions of dollars to establish programs that provide scholarships and support for Hispanic and international students at the College in the past year. In 2012 they funded the establishment of the Neubauer Collegium for Culture and Society, which provides grants for international conferences and fellowships for visiting scholars to research at the University. They have also established several other scholarships and professorships.