Bishop Richard J. Malone's statement on the retirement of Sister Margaret Carney, OSF: "I have deep personal esteem for Sister Margaret, and am grateful for her service to St. Bonaventure University, which has maintained its strong Franciscan heritage and continuing presence in our diocese. I wish Sister Margaret the very best in the years ahead, and I look forward to continuing collaboration with the University."
ST. BONAVENTURE, N.Y., Jan. 19, 2016 — After almost 20 years of service to the university, the last 12 as its president, St. Bonaventure University President Sister Margaret Carney, O.S.F., announced today her decision to step down from the position on July 31, 2016.
“This decision is not an easy one since the relationships at the heart of our St. Bonaventure community have become more precious with each passing year,” Sister Margaret told faculty, staff, students and alumni in an email earlier today.
“The Rule and Life by which I fulfill my Franciscan vows states the following: ‘No one is to appropriate any office or ministry whatsoever; rather each should willingly relinquish it when the time comes.’ (Chapter 8, Art. 27). That time has come for me. I have served using the talents that are mine and I have done my best to serve well. It is time to make room for a new leader whose competencies will be equal to the new and very different demands of the next decade.”
Sister Margaret, who turns 75 in July, said the university is in the process of completing a new strategic plan, following a highly successful institutional accreditation process in the fall of 2014. She said a new plan will also require new funding, foreshadowing a capital campaign on the horizon.
“Closely tied to the development of a new plan is the need to find resources to fund it. Whether that will take the form of a new, multi-year, comprehensive campaign or some other fundraising program, our donors need to have confidence that the school’s leadership is equal to the tasks for which they are providing hard-earned money.”
Board of Trustees Chair Robert Daugherty, retired partner with PricewaterhouseCoopers, lauded Sister Margaret's service.
“Words cannot begin to express the gratitude and respect the Board of Trustees has for this remarkable leader. Sister Margaret’s esteemed tenure took this university from a dark hour to a place in the sun; a place of honor and academic excellence. SBU graduates the world over, our faculty, staff and students, and our regional communities are forever indebted to her. She stands as a hallmark of the Franciscan spirit and ethical character of this great university.” read more...