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Brett Padgett is the new senior vice president and chief financial officer of Syracuse University. He comes to Syracuse from the University of Chicago. (PHOTO CREDIT: SYRACUSE UNIVERSITY NEWS WEBSITE)

SYRACUSE, NY — A man who worked for two decades as an investment banker in the Midwest will become Syracuse University’s next senior vice president and chief financial officer.

Syracuse Chancellor Kent Syverud announced July 7 the appointment of Brett Padgett to the position. Padgett will lead the financial and administrative functions of the university.

Padgett’s appointment will begin later this summer and has been approved by the Executive Committee of Syracuse University’s Board of Trustees.

He takes over the duties that Gwenn Judge has held since becoming the interim CFO in September 2021 following the resignation of former CFO, Amir Rahnamay-Azar.

Padgett is currently an associate vice president at the University of Chicago. Before working at this university, Padgett was an investment banker for more than two decades, managing “complex” municipal finances throughout the Midwestern region of the United States. During this time he worked at Citigroup and JPMorgan/Banc One Capital Markets, Syracuse University. said.

In his new role, Padgett will oversee Syracuse’s finances, working with Syverud to help the university “navigate a dynamic financial landscape, optimize resources and investments, and align the budget model” to support the University’s core academic mission. university, Syracuse said.

“Brett is an exceptional leader with an impressive depth and breadth of experience in finance administration,” Syverud said. “His deep understanding of budget management in higher education, his track record of success in aligning resources with strategic priorities, and his military service will serve Syracuse University well in fulfilling its mission and achieving its goals. ambitious in the years to come. I am delighted to welcome him to the Orange community.

In his current role at the University of Chicago, Padgett is responsible for financial accounting and reporting, financial planning and analysis, payroll and human resources services, procurement and payment services and cash. He also served as vice president and interim chief financial officer of the University of Chicago from July 2021 to April this year.

“I am thrilled to join Syracuse University at a time when financial planning, resource investment, and innovative thinking must be aligned to seize the many opportunities of higher education,” Padgett said in a statement. .

Over the past five years at the University of Chicago, Padgett led the development of a new long-range financial forecasting model for the university. He was involved in the layout and layout of the campus, was responsible for the university’s banking relationships, and headed several departments with a total of more than 475 employees.

In addition to his work at the University of Chicago and in investment banking, Padgett also served in the United States Navy as a lieutenant in special operations.

A search committee selected Padgett after a national search. The committee, chaired by Syverud, included Steven Barnes, chairman emeritus of the Syracuse University board of trustees; Gretchen Ritter, vice-chancellor, provost and director of studies; J. Michael Haynie, Vice Chancellor for Strategic Initiatives and Innovation; Candace Campbell Jackson, Senior Vice President and Chief of Staff; Elisabeth (Lisa) Fontenelli, university trustee, former chair of the board’s finance committee and chair of the Whitman Advisory Council; Edward Pettinella, Vice Chairman of the Board of Directors and Chairman of the Audit and Risk Committee of the Board of Directors; Jeffrey Scruggs, Chairman of the Board Finance Committee and member of the Maxwell Advisory Board; and Professor Emily Stokes-Rees, director of the School of Design at the College of Visual and Performing Arts in Syracuse.

“I would like to thank the other members of the search committee for their leadership and hard work in identifying a pool of exceptional candidates,” said Syracuse Chancellor Kent Syverud. “I would also like to thank Gwenn Judge for serving as Acting Chief Financial Officer since July 2021. Gwenn has managed the university’s finances with great care during difficult times, and I am grateful for her service to the University. Syracuse University.”

Judge assumed the interim role last September, following the departure of former chief financial officer Rahnamay-Azar, who joined Syracuse University in early 2017. While at Syracuse, Rahnamay-Azar oversaw nearly $300 million in university capital projects supporting the Campus Framework initiative. . Several construction projects have been completed, including transformations of what is now the JMA Wireless Dome; Barnes Center at The Arch; the Schine Student Center; and the construction and opening of the National Veterans Resource Center at the Daniel and Gayle D’Aniello Building.