Finance and Business reorganization transitions leadership responsibilities

University Park, Pennsylvania — To support Penn State University’s efforts to optimize its organizational operating structure, the university’s finance and business unit underwent a reorganization, appointing three finance and business staff members to higher leadership positions. promote to Produced by the Optimized Services Team (OST) initiative.

“We are very early in the OST evaluation process, but we can predict where we will see progress and efficiency in our organization,” said Sarah Thorndike, senior vice president of finance and business. (Sara Thorndike) said: “At the same time, we are extremely grateful to those who have previously played these roles, whose efforts have made this result possible.”

With three associate vice president positions vacant in her division, Thorndyke is shifting responsibilities within the finance and business leadership team, shifting oversight of some areas to other positions. The reorganization has effectively reduced her three senior management positions.

As part of the reorganization, David Snyder, currently Assistant Vice President of Auxiliary and Business Services (ABS), has been promoted to Associate Vice President of Auxiliary and Business Services. The position vacated by John Papazoglou in January will not be filled. In addition to his current responsibilities, Snyder will oversee ABS divisions including Housing and Food Services, Transportation Services, Bryce His Jordan Center and University Park Airport. Snyder’s position changes over time as some of his current ABS areas of responsibility are included in his OST evaluation process.

Snyder was appointed Assistant Vice President of ABS in January 2021 after eight years as Director of Business and Finance for Bryce Jordan Centers and Hospitality Services. He has been with his ABS for nearly 25 years and has held positions in housing services, accounting and finance.

The vacancies of the Vice Chancellor of Budget and the University Budget Officer will also not be filled, and the responsibilities previously held in that position will be taken over by the current Vice Chancellor of Finance, Virginia Teachy. Teachey’s new position is Vice President of Budget and Finance.

Teachey joined Penn State University in December 2021 from the University of North Carolina at Pembroke as Vice President for Finance, most recently serving as Vice President for Finance and Administration. She has over 20 years of successful financial and operational management experience including enterprise risk management, strategic planning, policy development and implementation, facility management, audit and compliance.

Jen Feeman, Assistant Vice Chancellor of Finance and Business and Associate Controller of the School of Medicine, has been promoted to Assistant Vice President of Finance and Business and Controller of the School of Medicine, where she previously served as Vice Chancellor. Abolish the post of vice president. Kurt Kissinger. Feeman reports to Thorndyke.

Feeman was previously the University’s Director of Budget and Planning and was appointed Assistant Vice Chancellor for Finance and Business at the School of Medicine in 2018. She has also served as the Operations Director of the Pennsylvania State Health Psychiatric Department and the Financial Liaison for the Pennsylvania State Health Milton S. Hershey Medical Center.

“We are thrilled to be able to recognize these talented and dedicated finance and business colleagues by promoting them to our leadership team,” Thorndyke said. We are confident that we will be able to continue to meet the needs of the university and the units we serve, while reducing significantly.”

The financial and business reorganization is effective from February 1st.

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