One of my top priorities as President is to ensure an effective, transparent, and inclusive budget-planning process for Saint Mary’s College. Pursuant to that objective, I initiated a comprehensive assessment of our finance and administration practices led by higher-education industry experts from The Registry to recommend short-term and long-term budget-planning processes. Based on this assessment, I am providing the following updates regarding the Business Office and budget-planning process.
As budgeting is rarely an easy task, and often requires more bandwidth and resources to get the job done, I have brought on board Michael Hindery as our Interim Chief Business Officer. This is a particularly fortuitous hire given the retirement of our Vice President for Finance and Administration, Susan Collins.
As Interim Chief Business Officer, Mike will oversee Finance and Human Resources, manage the FY23 budget, and help develop the FY24 budget. Mike has served as Vice President for Finance and Administration at Santa Clara University and has held a variety of key strategic, financial, and operational leadership positions at the University of California San Francisco, Stanford University, and the University of Pennsylvania. Mike’s experience fits well with our current budget and finance challenges and needs.
Based on this in-depth assessment of the finance and administration practices that are so critical to our short-term and long-term budgeting plans, Mike will be spearheading the following recommendations that we will now work to implement campus-wide: