LEXINGTON, Ky.—Charles L. Shearer, who recently announced his retirement from the presidency of Transylvania University after a record-setting 27-year tenure, will deliver the commencement address to the class of 2010 on the steps of Old Morrison on Saturday, May 29.
Shearer, who will step down on June 30, is the longest-serving president at Kentucky’s oldest college, founded in 1780. During his tenure, the university has prospered in every measurable area, highlighted by a growth in enrollment from 655 to approximately 1,100, an increase in endowment from $32.8 million to more than $100 million, and the completion of nine new buildings, two athletics fields and four major renovation projects.
Faculty and student quality have been enhanced under Shearer’s leadership through the creation of the Bingham Awards for Excellence in Teaching and expansion of the William T. Young Scholarship Program for entering first-year students.
Shearer came to Transylvania in 1979 as vice president for finance and was named president in 1983 at the age of 40. He was previously director of operations and director of the Liberal Arts Program in Professional Management at Albion College in Michigan.
Shearer, a native of Louisville, earned a B.S. in accounting and an M.A. in diplomacy and international commerce from the University of Kentucky. He completed an M.A. and Ph.D., both in economics, at Michigan State University.