President Susan Hockfield announced today that Director of Resource Development Stephen A. Dare has agreed to serve as interim vice president for resource development, starting July 1.
The search is continuing for a permanent replacement for Barbara G. Stowe, who is retiring after 11 years as vice president and nearly 25 years at MIT.
"I am most grateful to Steve for taking on this additional responsibility and to all of the resource development staff for their superb work over this past year, which has resulted in this year's near record-breaking fund-raising results," Hockfield said in announcing the appointment to the community via e-mail. "With such a strong team, we can look forward with confidence to another outstanding year."
Dare joined MIT in 1998 as director of resource development reporting to the vice president. He oversees the daily operations of the entire development organization and provided management oversight for MIT's recently completed $2 billion campaign.
"I am very grateful to be given the opportunity to continue to serve MIT in this role," Dare said. "This is a wonderful time at MIT, with the strong leadership of Susan Hockfield and the continued excellence of our faculty and students. Having spent the past eight years working directly with Barbara Stowe, I look to build on all that has been accomplished through our past campaign. It is a privilege to work with the best development staff and volunteers in the country."
Dare has more than 24 years of fund-raising experience in higher education and was director of development for endowment and capital programs at Boston College prior to coming to MIT. He is a member of the Council for Advancement and Support of Education and the Association of Fundraising Professionals.