‘Turnaround specialist’ is appointed fiscal monitor for financially distressed New Jersey City University

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“ ... we have to consider all options, but they all must be aimed at preserving the mission of this very important constituency,” said Henry Amoroso, NJCU's new fiscal monitor.

Henry Amoroso is the fiscal monitor for New Jersey City University . The state Office of Higher Education and Gov. Phil Murphy have selected a “turnaround specialist” and prominent corporate and securities attorney to shepherd the finances at the cash-strapped New Jersey City University.

The appointment of Henry Amoroso — whose consulting firm specializes in restructuring and developing sustainable budgets for governments, big businesses and large nonprofits — was the major stipulation on the $13 million in additional aid the school received in the state’s 2024 budget. If you purchase a product or register for an account through one of the links on our site, we may receive compensation.

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