To: All Faculty & All Academic Professionals & All Civil Service Staff
<everybody@illinois.edu>
From: "President B. Joseph White" <presidentwhite@uillinois.edu>
Reply-To: presidentwhite@uillinois.edu
Subject: MASSMAIL - CFO and System Leadership Announcement
January 9, 2007
Dear Colleagues,
I am pleased to inform you about the selection of a new Vice
President and Chief Financial Officer for the University of Illinois and
to update you on the status of other key University Administration
positions.
My recommendation to the Board of Trustees for the new
position of VP/CFO is Walter K. Knorr, an experienced public finance
expert currently serving as Comptroller of Cook County. Walter
previously served as Comptroller and CFO of the City of Chicago,
reporting to Mayor Richard M. Daley, and thus brings top line
experience in managing complicated, multi-billion dollar public
budgets. His private sector background includes senior positions at
major financial firms.
Well-known and well-regarded in the public finance sector as an
innovator and a straight shooter, Walter emerged from a national search
that fielded 118 candidates and was assisted by the executive search
firm Russell Reynolds Associates, Inc. A search consultative committee
was chaired by Urbana business professor David Ikenberry and was
comprised of senior faculty and administrators from the three campuses,
including the chancellors.
The new VP/CFO recommendation will be considered by the
Board of Trustees at its scheduled January 18 meeting in Chicago.
Walter's start date will be February 1. Steve Rugg will then transition
to his duties as Vice President for Planning and Administration.
Also at the January meeting, the Board will consider my
recommendation of Jim Weyhenmeyer as Interim Vice President for
Technology and Economic Development. As associate vice president,
Jim has spent the last six years of his 26-year U. of I. career intimately
involved in all aspects of the University-wide technology and economic
development operations.
As part of the transition to new leadership in this area, I
have initiated a review of the University's accomplishments and future
challenges in technology and economic development. Leading the review
will be Dean Prith Banerjee of the College of Engineering at the
Chicago campus and Dean Avijit Ghosh of the College of Business at
the Urbana campus. At the conclusion of their work, which should last
about three months, the University will launch a search for a permanent
vice president.
Finally, I want to report that the internal search for a new Vice
President for Academic Affairs is progressing well. Until the vacancy is
filled, the academic affairs function will be carried out by me with help
from Executive Assistant Vice President Larry Mann. A search advisory
committee chaired by Urbana professor James Anderson is assisting me
in this important task.
Sincerely,
Joe White
This mailing approved by:
The Office of the President
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