FOR IMMEDIATE RELEASE

MARYGROVE COLLEGE WELCOMES NEW PRESIDENT JULY 1

DETROIT, MI, June 27, 2006 – David J. Fike, PhD, assumes the presidency of Marygrove College on Saturday, July 1, 2006, becoming the eighth president in the College’s 100-year history.

He succeeds Glenda D. Price, PhD, who retired after eight years as president.

Dr. Fike joined Marygrove College as Provost on August 1, 2005, serving as Marygrove’s chief operating officer with responsibility for all academic programs as well as all activities related to the education of students, including Student Affairs. He headed the 2006-2009 Strategic Plan, which has endorsed the strategic vision of Urban Leadership for Marygrove. His selection by the Marygrove Board of Trustees was announced in March 2006 after a national search.

Dr. Fike came to Marygrove from Holy Names University in Oakland, California, where he has been Chief Academic Officer and Dean of Faculty since 1997. He joined Holy Names in 1992 as associate professor of economics.

As Chief Academic Officer, he had oversight of the $6.5 million annual Academic Affairs Division budget, all academic programs, campus information technology, library services, student registration processes, learning support resources and advising services.

He is an economics professor at the graduate and undergraduate level and a frequent guest lecturer and presenter on such topics as socially responsible investing, economic revitalization and community development.

Dr. Fike received his B.A. in political science with high honors from the University of California, Santa Barbara, and his doctorate in economics from the University of Maryland, College Park. In 1999, he coauthored the book “Everything You Need to Know about Economics” with Gregg Stebben, published by Simon & Schuster.

Marygrove College is a private liberal arts college located at 8425 W. McNichols Rd. in Detroit. Nearly 3,600 students attend classes in its undergraduate and graduate programs in education, business, human resource management, social justice, social work, science, theater, music, the fine arts and many others. Call 866-313-1927 or visit www.marygrove.edu.

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NOTE TO EDITORS: A photo of Dr. Fike is available at www.marygrove.edu.