Sy Sternberg, chairman and CEO of New York Life Insurance Co. has been named Neal Finnegan's replacement as Northeastern's chairman of the board.

What does this mean for students? Well, really, probably not much.

But trust that Finnegan, who's stepping down July 1, will have himself a pretty nice retirement. Dude has to have at least 12 mansions on the Cape with the money he's made in the last quarter century.