CU Denver’s Associate Vice Chancellor of Budget, Todd Haggerty, has been appointed as vice chancellor of finance and business operations and CFO for the university. He will take over the role starting April 1.
“Todd has been instrumental in implementing our incentive-based budget model, our strategic enrollment plan, and our financial strategy through our revenue shortfall of 2019 and the subsequent shock to our financial sustainability caused by the global pandemic,” Jennifer Sobanet, senior vice chancellor for administration and finance, said in an announcement. “He has also been leading our operational partnership with the Auraria Campus and our work with the system office and Board of Regents.”
Haggerty’s achievements since joining CU Denver in 2016 include leading the successful development of a new incentive-based budget model; improving the financial health of the university by building reserves and addressing funding for deferred maintenance needs; and creating a new annual budget process to increase transparency and improve the alignment of resources with strategic priorities of the university. He previously served as chief financial officer for the Colorado Department of Higher Education and senior policy specialist for the National Conference of State Legislatures.
In his new role, Haggerty will provide leadership and oversight of CU Denver’s financial health as well asexpert advice and policy direction to Chancellor Michelle Marks. Haggerty was appointed after a search led by a search committee comprised of Chairperson Lisa Atencio, director of finance and administration, and members Larry Kaptain, dean of the College of Arts and Media; Kathy Kilpatrick, assistant dean of operations and finance in the School of Public Affairs; Gabriel Castano, assistant vice chancellor for enrollment management; and Diane Thornton, executive assistant to the senior vice chancellor of administration and finance and chief financial officer.
“I’m thrilled for this opportunity and to continue my work at CU Denver in this new role,” Haggerty said. “From building the incentivized budget model to working on our financial response to COVID-19, I feel that this is only the first part of the journey and there is much more to come.”