Dr. Stephen Spinelli Jr. is the 14th president of Babson College, having assumed the role in July 2019. A lifelong entrepreneur, President Spinelli has spent his career at the intersection of academia, business, and philanthropy. Under his leadership, Babson College was named the 10th best college in the United States by The Wall Street Journal and has retained its long-standing place atop U.S. News & World Report’s undergraduate and graduate entrepreneurship rankings.

He co-founded Jiffy Lube International and was chairman and CEO of the American Oil Change Corporation, helping to pioneer the quick-lube industry across the United States and turning Jiffy Lube into the America’s dominant competitor with more than 1,000 service centers.

President Spinelli is a long-standing member of the Babson community. He spent 14 years of his career as a member of the College’s faculty, as vice provost for entrepreneurship and global management, and as director of The Arthur M. Blank Center for Entrepreneurship.

In September 2007, he became president of Philadelphia University, which later merged with Thomas Jefferson University to form the new Jefferson, where he was named chancellor in July 2017. Under his leadership, Philadelphia University enjoyed record enrollment and retention, with particular growth in graduate enrollment, continuing and professional studies enrollment, and online enrollment.

President Spinelli earned his PhD in economics from The Management School at the University of London’s Imperial College London, his MBA from Babson College, and his BA in economics from McDaniel College.