The University of Rhode Island has selected Christina L. Valentino, special assistant to the chancellor at the University of California at Santa Cruz, as its new vice president for administration and finance. She will join the university on October 1.
Student loan debt is topping $1 trillion, and borrowers aren’t the only ones with reason to be concerned. While higher education leaders aren’t responsible for the loans, they also have a stake in getting rising debt and default levels under control.
Four CFOs from public, private, large, and small institutions talk about the shifting opportunities and expectations of their positions. Hear their perspectives on their evolving roles and how they are managing today’s challenges and maximizing opportunities.
In the life of an institution, the chief financial officer helps drive the big narrative, but also digs down into the day-to-day. A CFO is strategist and analyst, decision-maker and inspirer, and protector and possibility-seeker all in one.
Harvard University hired Jameela Pedicini as vice president for sustainable investing, a position created in the wake of student activist calls for the world’s richest school to purge its holdings of fossil-fuel companies.
Cutting back regular withdrawals from its $1.03 billion endowment will cost the University of Cincinnati about $1.8 million in its operating budget this year. UC hopes the change will help the endowment maintain its buying power for generations.
Vanderbilt University Medical Center has hired a senior finance executive from the Duke University Health System to be its associate vice chancellor of finance. In her new role, Cecelia B. Moore will oversee all financial and control activities at VUMC, including the Vanderbilt University hospitals and clinics, the School of Medicine, and the School of Nursing.
Citing personal and family considerations, Tad Torgerson has resigned from his post at the school, effective Aug. 15. A graduate of the school, Torgerson worked in the North Dakota Office of Management and Budget prior to his employment at DSU, which he began in January.
The family of education advocate Margaret Robinson has created the Margaret Robinson Higher Education Fund, an endowment that will make it more affordable for high school students to take college-credit courses.