With the budget committee’s work on the 2004-2005 budget complete and the document on its way to review by the Board of Trustees this weekend, two key committee members are stepping down from their positions at the college.
Phil Manz will step down from his position as the college’s vice president and chief financial officer, effective March 1.
“Guilford thanks Phil Manz for his efforts the past several years,” President Kent Chabotar said in a press release early this month. “Along with other administrators, he has helped the college make good progress toward its financial goals. We’ve turned the corner and are well on our way to being financially viable for the future.”
Manz, who was appointed vice president and CFO at the college in 2000, will remain part-time chief investment adviser to the college, according to Chabotar. He has also accepted a position as the CFO of the Community Foundation of Greater Greensboro, “a charitable organization dedicated to strengthening the community for present and future generations,” according to the organization’s Web site.
Jim Vroom, Guilford’s associate chief financial officer, is also leaving the college; Chabotar announced Vroom’s resignation on Feb 4. Vroom led the college’s financial reporting and annual audit process, and had oversight for the Offices of Accounting, Student Accounts and Purchasing.
Chabotar appointed Jerry Boothby, who joined the college’s administrative staff as director of institutional research and assessment in August, as acting vice president and chief financial officer at the college Feb. 4. Boothby has 30 years of administrative experience in higher education, including 11 years with Chabotar at Bowdoin College.
“(Boothby) is very qualified for the position.” Raymond Johnson, budget committee chairman, said. “We will certainly not lose any expertise in the finance area by having Jerry fill the position. I have nothing but high praise for him in the finance area and institutional research.”
Boothby and Chabotar will share administrative responsibilities for the bookstore, dining services, and facilities and human resources, which were formerly under Manz’s supervision, on a temporary basis. Chabotar has stated that he may continue to restructure leadership in the finance area after further assessment.
“I can say that I look forward to working with Jerry Boothby and am anxious to see what financial restructuring, if any, might take place,” Jason Terry, Community Senate Treasurer and budget committee member, said. “I believe that the college is well on the way to financial equilibrium, which will put us in a far greater position to improve the college in the long term.