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Finance and administration

President Taylor Reveley sent the following message to the campus community on Dec. 12, 2014. - Ed.

Dear William & Mary Community,

As you know, Anna Martin, Vice President for Administration, has decided to retire in early February 2015.  Ms. Martin has made a great difference for the better during her 14 years at William & Mary.  She has led major personnel and procurement initiatives, overseen enormous progress in the university’s physical facilities, and produced a campus Master Plan for the coming decades that the Board of Visitors will engage in February.  Anna has been a powerful presence in our midst, and she will be truly missed.

After much thought and many conversations, including with the Board of Visitors, I have decided to proceed as follows when Vice President Martin retires.

Sam Jones, currently Vice President for Finance, will become Senior Vice President for Finance and Administration.  This will unite under a single leader the various finance and administrative functions of the university, which are intertwined in countless ways.  Sam will bring to this mission vast experience in public higher education and great knowledge of W&M.  Under the new structure, Provost Halleran and Senior Vice President Jones will continue to oversee budget development, with Sam responsible for executing budget decisions made by the Provost, President, and Board of Visitors.  He will also oversee financial operations generally, investment administration, human resources, procurement, campus safety and security, facilities, auxiliary services, risk management, and property management.

It will be essential that the Senior Vice President for Finance and Administration have strong lieutenants.  Most are already in place.  There is a need for yet another, a Chief Financial Officer.  The CFO will report to the Senior Vice President, focusing on budget development and execution, financial operations, and procurement.  A wide-ranging search for the CFO will begin immediately.

Our Associate Vice President for Human Resources will have a new name -- Chief Human Resources Officer -- with a “dotted” reporting line to the Provost, as well as a direct line to the Senior Vice President for Finance and Administration.

Beyond the enormous range of customary activities, both academic and non-academic, that are always with us, William & Mary is moving forward on many fronts.  Fully implementing the William & Mary Promise, putting flesh on the bones of the new COLL curriculum, achieving continued campus productivity gains, pursuing the new campus master plan, and undertaking major alumni engagement and fund raising initiatives are but some of the opportunities before us.  In my judgment, the new Finance and Administration structure will serve us well as William & Mary moves forward in all spheres.

Taylor Reveley