Princeton NJ, Senator Joe Pennacchio has introduced a bipartisan package of legislation to make New Jersey a global leader of fusion energy research and the development of commercial technology to bring fusion power to market, saying it represents a rare opportunity for the business and environmental communities to work together.
Sen. Joe Pennacchio’s package of bills would make New Jersey a global leader of fusion energy research and the development of commercial technology to bring fusion power to market. (SenateNJ.com)
Union County, NJ yesterday Bob Hugin, formerly the CEO and Executive Chairman of worldwide bio-tech leader Celgene, kicked off his campaign for U.S. Senate to unseat the embattled and sometime ethically challenged Bob Menendez .
Menendez, whose approval ratings plunged as he was under the cloud of a long-running federal investigation, hasn’t officially announced his reelection campaign. But with the probe over, his top adviser has said there’s a “100 percent” chance he will run.
Hugin, 63, retired late last month as executive chairman of Celgene Corp., a global biopharmaceutical company based in Summit, N.J.
Hugin grew up in a diverse, hardworking neighborhood in Union City, Hudson County, where his parents instilled in him an obligation to serve others. He was the first person in his family to attend college, earning a full scholarship to Princeton University. After graduation, at a time when it wasn’t popular, Bob joined the United States Marine Corps where he served as an active duty infantry officer from 1976 to 1983. Bob participated in multiple deployments and was an instructor at the Landing Force Training Command, Atlantic. He continued to serve as a Reserve Officer from 1983 to 1990, where his assignments included commanding officer roles in Virginia and Battalion staff officer assignments in New York.
Upon leaving active duty in 1983, Hugin earned his MBA from the Darden School of Graduate Business Administration at the University of Virginia. In 1985, he joined J.P. Morgan, ultimately leading several businesses and rising to be a Managing Director, until joining a struggling bio-tech company called Celgene in 1999.
At the time, Celgene had approximately 200 employees and less than six weeks of cash. Under Hugin’s leadership and through the work of its employees, Celgene was transformed into one of New Jersey’s largest private sector employers – an innovative bio-tech company that is now known around the world for leading the fight against cancer and chronic disease. Forbes honored Celgene as #5 on a list of “America’s Best Midsize Employers” and #14 on a list of the “World’s Best Employers” in 2017.
Hugin recently completed 19 years of leadership in healthcare and has been a leading advocate for modernizing the American healthcare system during his time as Chairman and CEO of the Celgene Corporation and as a Trustee of the Atlantic Health System for the last decade.
Hugin also volunteered his time to the Board of Trustees of Princeton University, the Darden Foundation at UVA, and Family Promise, a national non-profit network assisting homeless families. He has also served on the NJ-based think tank Garden State Initiative and is the President of the trustees of his church. Bob also previously served on the board of Choose New Jersey and as past Chairman of the Healthcare Institute of NJ.
At home Bob Hugin and his wife of thirty years, Kathy, are the proud parents of three children. Daughter Hilary is a Manager of Media Investments and Connections Planning at Chobani. Sons Robbie and Mac are both officers in the United States Marine Corps. Bob and Kathy are strongly committed to their community and not-for-profit work. A community service-focused individual, Kathy has positions on the Institutional Review Board of the Atlantic Health System and the Board of Directors of Georgetown University. Kathy also previously served as a trustee of the Kent Place School and the Pingry School.
Ridgewood NJ in the Best Colleges For Your Money 2017 rankings of 2,400 colleges 711 rated as the “Best Colleges For Your Money” . College is a great investment ,if you choose the right school. According to Money magazine, at $65,300, Princeton University in Princeton, NJ was rated the best value for your dollar. Interestingly enough CUNY Bernard M Baruch College came in a sold second place at about half the price and at a much lower price point with a tab of $31,400.
By Adam Clark | NJ Advance Media for NJ.com on March 30, 2017 at 5:26 PM
PRINCETON — Flooded with a record-high 30,056 applications, Princeton University accepted just 1,890 students in its Class of 2021, a record-low 6.1 percent admission rate, the university announced.
The decisions, available for students to track online beginning at 5 p.m., leave thousands of top students rejected. More than 12,000 applicants had a 4.0 GPA in high school, according to the university.
Princeton accepted 6.4 percent of applicants last year.
“The admitted students will bring extraordinary talents, achievements and motivation to the Princeton community,” Dean of Admission Janet Lavin Rapelye said. “Their diverse range of skills, ideas, backgrounds and beliefs were evident to the committee as we gave careful consideration to each application.”