Babson College says it has chosen the former chief of Philadelphia University and co-founder of Jiffy Lube as its next president.
College officials announced Friday that Stephen Spinelli Jr. will start the top job in July 1 2019. He replaces Kerry Healey, who is stepping down after this academic year.
Spinelli co-founded the Jiffy Lube car service company and previously spent more than a decade as a Babson professor and administrator. He also received a master's degree from Babson, a business school that enrolls about 3,300 students.
Spinelli spent 10 years as president of Philadelphia University and oversaw its merger with Thomas Jefferson University.
Dr. Spinelli earned his PhD in economics from The Management School, Imperial College, University of London, his MBA from the F.W. Olin Graduate School of Business at Babson College (1992), and his BA in economics from McDaniel College.more » « less