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Stanford University
Simon Newman named Mount St. Mary's president
Simon Newman named Mount St. Mary's president

Mount St. Mary's University, the second-oldest Catholic university in America, has turned to a Los Angeles private equity and strategic planning businessman to be its next president. The university announced Monday that Simon Newman, 51, will succeed Thomas H. Powell, who has been president of the university for the past decade. In choosing Newman, the university is attempting to attract a more geographically diverse student body, increase its relatively small endowment and become better known across the country, said John E. Coyne III, chairman of the board of trustees and a graduate of the university. Newman, who grew up in England, said he hopes to "raise a lot of capital and...