chief financial officer

1. July 21, 2022

   Regents OK additional lines of credit amid market volatility

   U-M is authorized to establish up to $1 billion in additional standby lines of credit as a flexible alternative funding source for contingency purposes during a period of economic uncertainty and financial market volatility. 

2. February 17, 2022

   University to issue bonds for future construction projects

   With low interest rates expected to rise this year, U-M plans to issue about $1 billion in bonds in the coming weeks to finance future construction and renovation.

3. August 12, 2021

   Geoffrey Chatas named executive vice president and chief financial officer

   Geoffrey Chatas has been named executive vice president and chief financial officer at U-M. Chatas is currently the senior vice president and chief operating officer for Georgetown University.

4. February 18, 2021

   Search underway for next EVP and CFO; interim announced

   President Mark Schlissel has appointed a 14-member advisory committee and launched the search for U-M’s next executive vice president and chief financial officer.

5. January 12, 2021

   Kevin Hegarty to retire as university’s CFO in April

   Kevin Hegarty, U-M’s executive vice president and chief financial officer, has announced he will retire from his position at the end of April. He has served in the role since 2015.