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Committee on Financial Affairs

Michael Petters, Chair

Anne Leigh Kerr, Vice Chair
Kendrick F. Ashton, Jr.
Thomas K. Norment, Jr.
John P. Rathbone
Laura Keehner Rigas
J.E. Lincoln Saunders
David Feldman, faculty representative
Taylor Fox, student representative

The Committee on Financial Affairs considers and makes recommendations concerning the financial affairs of William & Mary and the Virginia Institute of Marine Science, which includes the submission and approval of all budgets and the administration of the financial policies and procedures established by the Board. The Committee has power and authority, subject to the guidelines set by the Board, to invest and reinvest all funds held by the Board as an endowment or in trust for the uses and purposes of William & Mary, the Virginia Institute of Marine Science, and Richard Bland, with the assistance of the Presidents; and the Committee directs and controls the handling of investments by an investment counsel or depository agent at any time employed by the Board. The Rector may appoint a faculty member and student, to the positions of non-voting faculty and student committee representatives. The Chief Operating Officer staffs the Committee.