March 28, 2024

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Business is my step

College of Michigan chief monetary officer to retire in April

2 min read

ANN ARBOR, MI — University of Michigan government vice president and chief fiscal officer Kevin Hegarty will be retiring type his placement at the conclude of April, the university introduced Tuesday.

Hegarty despatched a concept to college workforce who report to him in the small business, finance and facilities and operations teams that he will be transferring back again to Austin, Texas, to be nearer to his household, in accordance to a university release.

“The environment has changed in so a lot of strategies and your work has altered UM for the improved,” Hegarty wrote. “The tradition modify movement we have started has developed deep and now I obstacle you to ensure it continues. I am so very pleased of what we have accomplished collectively. No make any difference wherever I am, I will generally be on the sidelines cheering you on.”

In Hegarty’s time as CFO, UM President Mark Schlissel reported Hegarty led groups that have “created new wellness packages, special COVID-19 time-off banks and guidance assets for staff,” according to the release. Those groups have also helped the college manage a large monetary rating, kept its borrowing fees low and enabled it to make investments in significant new setting up projects, Schlissel explained.

“UM has grown in effects in the latest a long time as the modern society we provide has grow to be much more complicated, and Kevin has worked tirelessly to advance our community mission and identify the large achievements of our team. We are a improved college as a consequence,” Schlissel claimed.

Hegarty came to UM in 2015 from the University of Texas-Austin, in which he served as vice president and CFO for 14 several years. He also held financial management positions with Dell Inc., Associates First Money, Trammell Crow Co. and PricewaterhouseCoopers, according to the launch.

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