The Indiana University trustees approved the appointment today of Mary Frances McCourt to the position of vice president and chief financial officer. McCourt has been serving as interim since January.
In a statement, IU President Michael McRobbie praised McCourt for her understanding of finance.
“She has done an outstanding job as treasurer and more recently as interim vice president and CFO, wrote McRobbie. “I know she will continue to provide strong fiscal leadership and solid guidance for the administration and the Board of Trustees.”
In addition to the new responsibilities associated with being the university’s top fiscal officer, McCourt will also continue in her position as university treasurer.
“I am honored to be selected for this role and look forward to helping IU navigate through the headwinds facing higher education while capitalizing on vast opportunities,” McCourt said in a prepared statement.
McCourt’s appointment takes effect immediately. She replaces Neil Theobald who resigned from IU to become President at Temple University.