RALEIGH — Shaw University has named a campus building for its outgoing president, Dorothy Yancy.
The universitys Board of Trustees voted in October to honor Yancys service by naming the building for her. Yancy recently announced her intention to retire after two terms at the helm of Shaw, a private university with 2,100 students in downtown Raleigh.
The Dorothy Cowser Yancy Building is formerly the Institute for Health, Social and Community Research Building, which houses technology and research grants offices, classrooms, deans offices and an auditorium. It was built in 2008.
Yancy first served as interim president, following the departure of Clarence Newsome in 2009. She is credited with stabilizing the universitys finances by securing a $31 million federal loan to restructure Shaws debt.
In 2011, Yancy returned to campus after former President Irma McClaurin was pushed out after less than a year on the job. Yancy arrived at the university after a tornado hit the campus, causing nearly $4 million in damage.
Previously, Yancy served as president at Johnson C. Smith University in Charlotte for 14 years.
Shaw has launched a process to find Yancys successor.