Bryn Mawr Appoints New Chief Financial Officer

Posted August 28th, 2014 at 3:32 pm.

The following email was sent to faculty, students, and staff by President Kim Cassidy on Monday, Aug. 18.

Dear Students, Faculty and Staff,

I am delighted to announce that Kari A. Fazio, Acting Vice President of Finance and Administration at Lafayette College, will be joining Bryn Mawr as the College’s Chief Financial Officer.  Kari will assume her new role on October 20.

Kari brings a terrific combination of technical expertise and personal attributes, along with a deep understanding of the complex issues facing liberal arts colleges today, which will make her an especially effective leader and CFO at Bryn Mawr. Kari has significant experience in both finance and administration that will benefit the College.  During her tenure at Lafayette, she has been responsible for financial analysis, debt management, treasury services and development of the operating budget, as well as administrative operations such as purchasing, dining services, property management and transportation.  Kari has been successful at creating new reports and systems to increase internal and external transparency, restructuring institutional debt, and achieving cost savings and enhanced service by renegotiating contracts with outside vendors.

In addition to her administrative role at Lafayette and service on committees in her area of expertise, Kari has chaired the Administrative Technology Advisory Committee and served on the Middle States Periodic Review Report Steering Committee and the Task Force on Enrollment Size and Program Capacity.  She is the recipient of the Cyrus S. Fleck Jr. ’52 Administrator of the Year Award and a volunteer with the International Student Association Friendship Partner Program.

Prior to Lafayette, Kari worked in the public finance groups at Wells Fargo and PNC Bank, in small business development for the Peace Corps and in the Office of Budget and Program Evaluation for the City of Philadelphia.  She earned her M.P.A. from the School of International and Public Affairs at Columbia University and bachelor’s degree in English from Georgetown University.

I am grateful to the members of the search committee, which included trustees, faculty and staff, for their thoughtful and discerning participation in this process and to the many members of the community who contributed to the search process through the recruitment and interviewing of candidates.  In particular, I want to thank Bob Miller, who chaired this search, and Jerry Berenson, who has served as interim chief financial officer since December.

I look forward to Kari’s arrival this fall and know that she is equally excited about joining the Bryn Mawr community.

With warm wishes,
Kim Cassidy

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