October 29, 2009

Vice President for Financial Planning Announced

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Chief Financial Officer John Sideras announced recently that Donald Stewart has been named Case Western Reserve University's new Vice President for Financial Planning. Stewart comes to Cleveland from Brown University, where he served as Director of Academic Resources for five years.

"Donald is uniquely qualified to bring a new level of rigor, accountability and transparency to the university's budgeting efforts," Sideras said. "He has extensive experience in higher education, and understands the importance of working collaboratively with faculty."

At Brown University, Stewart reported to the Provost and managed an annual budget of approximately $330 million. Stewart advised the provost, academic deans and vice presidents on the preparation and tracking of units' spending plans; he also staffed the committee that recommended the overall university budget proposal to Brown's President and Corporation.

Prior to joining Brown, Stewart worked at Harvard University, first in the medical school and later in the central Office of Financial Services. While there he performed fiscal analyses and worked with individual units to enhance reporting processes and accuracy. He also worked with the medical school on its five-year financial planning process and debt management efforts.

"Donald met with a range of Case Western Reserve representatives as part of the evaluation process," Sideras said. "He impressed each of them with his depth of knowledge and ability to explain complex issues in a clear and accessible way."

In his new role, Stewart leads the Office of University Planning and Budget. This office provides planning assistance to schools and other administrative units and follows their budget performance throughout the fiscal year. In addition, Stewart will work to enhance the office's long-term planning for both operational and capital spending.

"The role of our office is to provide university leaders the information they need to make the best decisions possible," Stewart said. "We will provide data that is timely and precise and advice that details a range of options and their consequences."

Stewart earned his bachelor's degree in English at Brandeis University, and also earned a master's degree in the same subject at Stanford University. He also holds a Master of Business Administration degree from Boston University.

Posted by: Kimyette Finley, October 29, 2009 10:19 AM | News Topics: Appointments, news

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