IU President Michael McRobbie has selected John A. Sejdinaj vice president and chief financial officer for the University. Sejdinaj’s appointment is subject to formal approval by the IU Board of Trustees at their meeting in August.
Sejdinaj is currently vice president for finance at the University of Notre Dame, where he has established effectiveness as a leader in higher education and finance. He succeeds MaryFrances McCourt, according to an IU press release.
“For more than two decades, John Sejdinaj has been an apt financial steward at one of the nation’s top private universities, showing strong fiscal leadership through both the longest period of economic growth in American history as well as the recent recession,” McRobbie said in a press release.
As vice president and CFO, Sejdinaj will be the University’s top fiscal officer and oversee budgetary and financial issues across seven campuses.
At Notre Dame, Sejdinaj managed a budget currently at $1.4 billion and implemented capital planning processes and financial strategies that included the issuance of more than $800 million in long-term debt and $650 million in short-term liquidity while maintaining the university’s AAA rating, according to a press release.
Sejdinaj joined Notre Dame’s staff in 1994 as director of fixed income and cash management in its investment office. From 1996 to 1999, he served as director of finance and budgeting.
Sejdinaj earned his bachelor’s degree from Notre Dame and a Master of Business Administration from DePaul University. Before returning to Notre Dame, he enjoyed a successful career in banking and investment banking at First Chicago Corp., according to a press release.
“I look forward to this new opportunity and working with the strong financial team that is currently in place to continue to help Indiana University achieve the aspirations that have been outlined in the plan for 2020,” Sejdinaj said in a press release.
His appointment as vice president followed a nationwide search by an 18-member university committee. Idalene Kesner, dean of the IU Kelley School of Business and the Frank P. Popoff Chair of Strategic Management, chaired the committee appointed to identify candidates for the position, according to a press release.
“He’s also worked and lived in Indiana, so he’s familiar with the important issues that face the state’s academic institutions, and he brings a fresh perspective from working at a private university,” Kesner said in a press release. “We are fortunate to have such a knowledgeable and experienced senior administrator join the IU leadership team.”
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