In our spotlight on Business Report, a vote of no confidence against Rutgers University President Jonathan Holloway.

The University Senate today, which is an advisory board representing faculty, students and alumni, overwhelmingly voted on a no confidence resolution 89 to 47, citing Holloway's, quote, disdain for the diverse community across all Rutgers campuses.

By dismissing a tradition of shared governance with the Senate and disregarding labor rights, the vote comes after an especially tumultuous year at the state's flagship university, which saw its first ever teacher strike last spring and a controversial move by the Board of Governors to merge the Rutgers medical schools in Newark and New Brunswick.

And most recently, Holloway's decision not to reappoint the popular chancellor of Rutgers.

Newark.

Well, today's vote is largely symbolic, but according to higher ed experts, it often results in the firing or resignation of the official.

This is about accountability.

President Holloway has had many chances to to address the issues of shared governance, which is really what this is about on the whole and and has not done so.

And at this point, passing this resolution is is a formal statement that we have lost confidence.