Wednesday, April 2, 2014

A big player in higher ed is making a move 2014

“U. of Phoenix Chooses Michigan’s CFO as Its New President”

“The University of Phoenix on Tuesday announced that it had selected the top finance officer at the University of Michigan as its new president. Timothy P. Slottow, Michigan’s executive vice president and chief financial officer, will assume the presidency of the largest private university in North America in mid-June.”

“At Michigan, Mr. Slottow has been overseeing a controversial proposal from Accenture, a consulting company, that called for moving hundreds of staff jobs out of academic departments and into a centralized office that would handle the same work, with fewer people. That "shared services" proposal, and a lack of consultation about it, drew such strong opposition from faculty members—including from a former Michigan president—that university leaders in December announced a "pause" in putting the program into effect.”

“Calls to Mr. Slottow seeking comment on his new position were referred to Michigan’s public-relations office, which said he was "not able to take calls" on the topic.”

“At Michigan, where he began in 1998 as an associate vice president for finance and became CFO in 2003, Mr. Slottow oversaw an operating budget of $6.3-billion. Before that he worked in finance and planning positions at Amtrak and the City of Seattle, and as a manager at Accenture. Unlike some of Phoenix’s recent presidents, he does not have a Ph.D., but he does have an M.B.A., from the University of Washington—and, according to a profile in The Michigan Daily, a black belt in tae kwon do.”

“The president is Phoenix’s top academic official. The university has a Board of Trustees, but executives at its parent company, the Apollo Education Group, have final say over university matters.”

Always good to pay attention to what some of the larger players in this industry are doing.


Dr Flavius A B Akerele III

The ETeam

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