NKU Names Chris Calvert as New Vice President for Administration and Finance and Chief Financial Officer
Northern Kentucky University (NKU) announced today that Chris Calvert, J.D., has been appointed as the university's new Vice President for Administration and Finance and Chief Financial Officer. Calvert, who has served as the CFO at Cincinnati State Technical and Community College since 2017, brings a wealth of financial expertise and strategic leadership to his new role.
Calvert's tenure at Cincinnati State was marked by a remarkable financial turnaround, transforming the institution from a deficit position to record surpluses and positive cash flow. This achievement sets an optimistic precedent for his new endeavor at NKU, especially in the midst of the financial challenges brought on by the current climate.
"Amidst these financially challenging times, I am dedicated to upholding NKU's mission, contributing to sustained success, and balancing the budget by FY25," said Calvert, demonstrating his commitment to the university's financial stability.
Before his time at Cincinnati State, Calvert amassed extensive experience in public accounting and corporate finance, as well as serving in the United States Air Force and Air National Guard for eight years. This diverse background equips him with the broad perspective necessary to excel in his new position.
NKU President Dr. Cady Short-Thompson expressed full confidence in Calvert's abilities, stating, "I am confident that the expertise, experience, and leadership capacity that Chris brings are precisely what we need at this moment. I am eager to bring his strategic leadership talents, communication strengths, and financial savvy to our cabinet and university."
Calvert's educational background further strengthens his qualifications for his new role. He holds a B.S. in Business Administration from Miami University and a J.D. of Law degree from The University of Cincinnati College of Law.
As NKU's new Vice President for Administration and Finance and Chief Financial Officer, Calvert is well-positioned to navigate the intricacies of university finance and guide NKU towards a prosperous future. His strategic vision and financial acumen will undoubtedly play a vital role in NKU's continued success.
Analyst comment
Positive news. The market is expected to benefit from Chris Calvert’s financial expertise and leadership, along with his experience in turning deficits into surpluses. With his commitment to upholding the university’s mission and balancing the budget by FY25, NKU’s financial situation is likely to improve.
