October 13, 2008

Purdue names Almond interim VP for business, finance and treasurer

WEST LAFAYETTE, Ind. -
James Almond
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James Almond, Purdue's vice president for business services and assistant treasurer, has been named interim executive vice president for business and finance and treasurer, effective Nov. 1.

Almond will serve while the university conducts a national search for a successor to Morgan R. Olsen, who has been named executive vice president, treasurer and CFO at Arizona State University.

"Jim will help ensure a smooth transition as our search committee works to fill this position, which is so critical to the successful operation of the university," said Purdue President France A. Córdova.

Almond joined Purdue in 1983 as a project administrator in the Office of Contract and Grant Business Affairs. He became assistant director of investments in 1992, assistant comptroller in 1995 and comptroller a year later. He was promoted to his current position in 1998.

As vice president for business services and assistant treasurer, Almond is responsible for the comptroller area, budgeting and fiscal planning, oversight of school and departmental business affairs, administration of sponsored program services, human resource services, business services computing, treasury operations, and procurement.

The executive vice president for business and finance and treasurer serves as the university's chief financial officer and reports to the president and board of trustees.

The executive vice president is responsible for a $1.9 billion budget and will supervise and have responsibility for all financial affairs; business services; human resource services; physical facilities; auxiliary enterprises, including the residence hall system; internal audit functions; and will supervise the information technology enterprise jointly with the provost.

The position also will oversee financial relationships with affiliated corporations and provide liaison with legal counsel.

Writer: Greg McClure, (765) 494-9394, gmcclure@purdue.edu

Source: France A. Córdova, (765) 494-9708

Purdue News Service: (765) 494-2096; purduenews@purdue.edu

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