UD prez Patrick Harker tapped to run Philly Fed

University of Delaware President Patrick T. Harker has announced he will leave his post to become president and CEO of the Federal Reserve Bank of Philadelphia on July 1.
Here’s what Gov. Jack Markell had to say about the move:

President Harker leaves UD in an outstanding position to continue as a leader in research and innovation and, most importantly, in preparing present and future classes of Blue Hens to realize their potential. From the growth of highly-skilled jobs and university activity on the STAR campus, to the instruction and cutting-edge scientific research at the new ISE Lab, to UD’s recently-launched cybersecurity initiative, President Harker’s tenure has been marked by progress in areas most important to building a stronger economy and workforce. I look forward to working with the university’s next president to build on these achievement and to continue pursuing greater educational and economic opportunities for the people of our state.

Harker took over the UD helm in 2007, after serving as dean of the University of Pennsylvania’s Wharton School.
While state leaders offered their praise this week, some UD faculty heaped scorn on Harker. Sheldon Pollack, a UD professor of business law and political science, was quoted in the News Journal as saying:
“We’re celebrating. E-mails went all around this morning saying: ‘Yippee!’ It’s cathartic. I couldn’t name a single faculty member who is sad.”