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Winthrop University Names New Vice President of Finance and Business Affairs and Chief Financial Officer

OatesupdatedJustin Oates, assistant vice president for financial planning, budgeting, and analysis at the Stevens Institute of Technology, was announced today as the new vice president for Winthrop University’s Division of Finance and Business. He begins his new role in mid-February.

Winthrop President Dan Mahony said Oates’ emphasis on collaborative leadership and ability to merge best business practices with technology, along with his 17 years of experience in the higher education industry, made him the ideal candidate.

Mahony also noted Oates’ ability to tie the Winthrop Plan, the university’s strategic plan through 2025, with a financial profile.

“As we began this important search, we knew we needed someone who understands the nuances of higher education finances and financial models and who also has a versatile skill set,” said Provost Debra Boyd. “Justin Oates brings to the position both the knowledge required and the broad skills needed, as well as the desire and talent to work with individuals throughout the university. We were impressed with his ability to deliver measurable results and his ability to communicate clearly those results.”

Since 2014, Oates has served at Stevens Institute of Technology in Hoboken, New Jersey, where his duties include managing the Budget Office in the planning and monitoring of the institution’s $237 million annual operating budget and $210 million-plus 5-year capex plan; leading annual updates of the multi-year financial plan in PFM software; implementing incentive-based budgeting; providing leadership to university administration on financial processes, policies, and reporting technologies; and assisting in cash and debt management, among other duties.

“I am extremely excited to join the Winthrop team and appreciate Dr. Mahony’s and Dr. Boyd’s confidence in my abilities. Meeting with a number of the faculty, staff, and administrators during the hiring process, I was impressed with the sense of community throughout the University. I look forward to being a part of that community and to supporting the University’s strategic goals in my role as VP/CFO,” said Oates.

Prior to his role at the institute, Oates worked as a higher education consultant for The Huron Consulting Group in Chicago, Illinois; a financial management analyst for the Duke University School of Medicine’s Finance Office; financial manager for Duke Medicine’s Department of Radiology; and as manager and in other roles in Duke University’s Office of Budget & Analysis and Cost Allocations.

Oates holds a business degree from Furman University in Greenville, South Carolina, and an MBA from The Fuqua School of Business in Durham, North Carolina.

The university conducted a national search for this vice president position, choosing Oates from a broad applicant pool that the search committee narrowed to three finalists. Each finalist interviewed on campus with the Winthrop community.

Oates will replace long-time Winthrop Vice President for Finance and Business J.P. McKee, who is retiring after 30 years of service.

For more information, contact Nicole Chisari, communications coordinator, at 803/323-2236 or chisarin@winthrop.edu.

 

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