UAMS hires new CFO | Arkansas Blog

Thursday, May 2, 2013

UAMS hires new CFO

Posted By on Thu, May 2, 2013 at 6:16 AM

Chancellor Dan Rahn has told staff that he's hired Bill Bowes, a Connecticut college CFO, to be the UAMS CFO.

David Wilcox has been serving on an interim basis since Melony Goodhand left for another job in Tennessee.

Rahn said Wilcox, rather than retiring as originally planned, will stay on at UAMS for an "extended period" (see jump for full Rahn note.) You may remember that Goodhand was paid $312,000 for a year of "availability" to UAMS after leaving for a job in Tennessee.

UAMS NOTE TO STAFF FROM CHANCELLOR DAN RAHN

I’m pleased to announce that Bill Bowes has accepted the position of vice chancellor for finance and chief financial officer at UAMS. Bill currently serves as chief financial officer for Connecticut State Colleges & Universities Board of Regents for Higher Education, which includes four Connecticut state colleges, 12 community and technical colleges and the state’s experiential and online learning institutions. His first day at UAMS will be July 1.

I also want to express my appreciation to David Wilcox, who has served since Jan. 1 as interim vice chancellor and CFO. David has done an exemplary job. We are fortunate to have him on our team. I’m also pleased to announce that David, who had planned to retire this year, has agreed to stay at UAMS for an extended period of time. Jake Stover, assistant vice chancellor for finance and treasurer, has been instrumental in assisting David in his role as interim vice chancellor and I am very grateful to Jake as well.

Bill has more than 30 years’ experience in higher education finance, including 26 years in senior management positions at both the system and institutional level. He began his career in public higher education with the Department of Higher Education in Connecticut where he rose to assistant commissioner for financial affairs. In this position, he led the development of state fiscal policy in the areas of formula funding, tuition and fees, capital project planning and student financial assistance. He was vice president for finance and administration at Southern Connecticut State University in New Haven, Conn., for seven years. He also has held positions with the Suffolk County (N.Y.) Legislative Budget Review Office and the Office of Fiscal Analysis in the Connecticut General Assembly.

Bill also spent several years in Georgia where he served in leadership roles including vice chancellor for fiscal affairs and treasurer for the Board of Regents at the University System of Georgia and senior vice president for operations and senior vice president for finance and administration at Georgia Health Sciences University in Augusta. In that role he led a three-year effort to identify and capture savings across GHSU. He holds a master’s degree in urban and policy sciences from the State University of New York in Stony Brook and a bachelor’s degree in economics from Hofstra University in Hempstead, N.Y.

I had the opportunity to work with Bill when I was president of the Medical College of Georgia. I am confident that his exceptional experience will make him an asset for UAMS. I know you join me in welcoming him to UAMS and to Arkansas.

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