Gerardo della Paolera was president of Universidad Torcuato Di Tella from its foundation until 2001, when he was replaced by the economist Juan Pablo Nicolini. Nicolini was reelected to the presidency in 2005, continued in the position until September 2010, as he was ineligible for reelection to the post due to term limits established by the university's charter. The reputed sociologist and political analyst Manuel Mora y Araujo was designated president in 2009 until his resignation in May 2011 due to personal reasons. Ernesto Schargrodsky, dean of the Business School, was subsequently named president. He was subsequently re-elected in 2014 to serve a full four-year term.