ANN ARBOR, MI — College of Michigan government vp and chief monetary officer Kevin Hegarty shall be retiring type his place on the finish of April, the college introduced Tuesday.
Hegarty despatched a message to college staff who report back to him within the enterprise, finance and amenities and operations groups that he shall be transferring again to Austin, Texas, to be nearer to his household, in line with a university release.
“The world has modified in so some ways and your work has modified UM for the higher,” Hegarty wrote. “The tradition change motion now we have began has grown deep and now I problem you to make sure it continues. I’m so pleased with what now we have achieved collectively. Regardless of the place I’m, I’ll all the time be on the sidelines cheering you on.”
In Hegarty’s time as CFO, UM President Mark Schlissel stated Hegarty led groups which have “created new wellness packages, particular COVID-19 time-off banks and assist assets for workers,” in line with the discharge. These groups have additionally helped the college preserve a excessive monetary ranking, saved its borrowing prices low and enabled it to put money into vital new constructing initiatives, Schlissel stated.
“UM has grown in impression lately because the society we serve has develop into extra advanced, and Kevin has labored tirelessly to advance our public mission and acknowledge the great accomplishments of our employees. We’re a greater college because of this,” Schlissel stated.
Hegarty got here to UM in 2015 from the College of Texas-Austin, the place he served as vp and CFO for 14 years. He additionally held monetary management positions with Dell Inc., Associates First Capital, Trammell Crow Co. and PricewaterhouseCoopers, in line with the discharge.