John Dooley began working for Virginia Tech way back in 1982, and he served the university continuously until his retirement, which was scheduled for the end of the 2020-21 fiscal year. However, Dooley won’t jump into retirement with both feet. He’ll be assisting Whit Babcock with Virginia Tech’s new Reach for Excellence campaign.
Dooley has served as the CEO of the Virginia Tech Foundation since 2012. His retirement press release from August of 2020 can tell you a lot more about him than I can, so I encourage you to read it.
According to that press release, the Virginia Tech Foundation (VTF) “manages the university’s endowment and encourages economic development by fostering connections between the university and numerous partners.”
While Dooley was in charge of the VTF from 2012 to 2021, “the endowment more than doubled, to more than $1.3 billion as of June 30. Meanwhile, the total of value of all Virginia Tech Foundation assets, which include property as well as the endowment, increased by roughly a billion dollars, from $1.2 billion to more than $2.2 billion.”
You guys know how retirement announcement pieces are. They are designed to be as flattering as possible....
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