University of Miami down to four finalists for new president

Richard Fain, Royal Carribbean Cruise Line's Chairman and C.E.O.
Richard Fain, Royal Carribbean Cruise Line's Chairman and C.E.O.

The hunt for a new University of Miami president has been narrowed to four candidates — but search leaders aren’t yet ready to name the finalists.

Richard Fain, head of the presidential search committee and CEO of Royal Caribbean Cruises, told the Miami Herald Editorial Board on Thursday that a new president should be in place by the time Donna Shalala leaves at the end of May.

More than 250 applicants have put in for the position since Shalala announced in September that she was stepping down. She was recently tapped to lead the Clinton Foundation.

A committee of business leaders, lawyers, professors and even a current student has been meeting since October to pick a new leader for the private university in Coral Gables. The committee has also reached out a wide range of community groups and members for input, from the Public Health Trust to university landscapers.

Board of Trustees Chair Stuart Miller, who is also the CEO of Lennar Corp., said the committee came away with the goal of finding “someone who could oversee many important interests and kind of have almost a parental view. That is: I love all my children the same, but have the managerial and leadership abilities to properly delegate and bring importance and gravitas to all of those priorities.”

Follow @Cveiga on Twitter.