Seeking to enhance the efficiency and capabilities of its finance and risk management operations, the university has reorganized related offices and leadership positions reporting to Joanne DeStefano, MBA ’97, executive vice president and chief finance officer.
The Executive Committee of the Cornell Board of Trustees this month approved the changes, which will take effect Oct. 1.
DeStefano, who recently announced plans to retire in June 2023, said the moves would improve her team’s organizational structure, creating a new vice president and chief risk officer position and reestablishing a vice president for finance – a role common across peer institutions but last held at Cornell in 2018. Promotions to those positions resulted in two more promotions to lead the offices of the university auditor and university controller.
“These changes are designed to strengthen the university’s financial operations through better coordination of the financial functions, to better align us with peer institutions, and to elevate our approach to institutional risk management through a more structured and coordinated approach within the audit, risk and compliance framework,” DeStefano said.
To achieve those goals, DeStefano announced the following appointments:
Get Cornell news delivered right to your inbox.