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Posted 04.15.05

Vice President for Finance and Administration Retiring

Vice President for Finance and Administration Marcia Bromberg will retire from Wesleyan at the end of the fiscal year.

In her four years at Wesleyan, Bromberg has overseen numerous improvements. When she was hired she was charged with providing a more transparent financial planning and reporting system. This led her to a revamping of the budget planning cycle, budget and long-range planning materials, and the annual budget and financial statements. The result has been a more open and understandable set of processes and documents.

Bromberg also opened up the facilities planning process with the establishment of the Master Plan Executive Committee, which has coordinated on-campus planning and oversight for all facilities projects.

She recognized the need for a specialist to manage the university's auxiliary services and created a director position to oversee those areas. She led in the recasting of the university’s bookstore, now operated by Follett College Stores, which has succeeded in providing the level of textbook services and support required by students and faculty.

In collaboration with a committee she established, Bromberg developed a new administrative staff evaluation and compensation system that links performance assessment to individual and University goals and provides a reward system for meaningful accomplishments. More recently, in collaboration with the faculty's Compensation and Benefits Committee, she conducted a health plan review which led first to moving the university from a fully insured to a self-insured plan, and this past year, to an improved program that incorporates new plan designs and healthy living options.

Bromberg’s creative vision enabled Wesleyan to construct new residence halls on Fauver Field that will allow the university to house almost all students in university-owned housing.

March 30 was the culmination of another initiative: Wesleyan's first Environmental Awareness Day. Students, faculty, the Connecticut Consortium of Independent Colleges and local civic and political leaders celebrated campus energy conservation initiatives, recycling activities and our plan to incorporate clean-energy electric vehicles into its campus service fleet. Through this initiative, Bromberg channeled student interests and concerns towards collaborative and positive results.

Wesleyan will soon begin a national search for Marcia's successor. In the interim period after June 30, Vice President and Secretary Peter Patton will provide oversight to the Facilities and Auxiliary Services offices. Vice President for Information Technology John Meerts will provide oversight to the offices of Finance, Human Resources, Legal Projects, and Project Coordination. Tom Kannam, director of investments, will report to President Douglas Bennet while maintaining a dotted-line relationship with the interim and then the permanent vice president for finance.

 
By David Pesci, director of Media Relations