University Finances | June 14, 2014

Harvard senior financial management changes

The Corporation’s senior financial leadership changes.

From The July-August 2014 Issue

**Paul J. Finnegan and James F. Rothenberg** | Photographs courtesy of Harvard Public Affairs and Communications

The University announced on May 28 that Paul J. Finnegan ’75, M.B.A. ’82 (above left), will succeed James F. Rothenberg ’68, M.B.A. ’70 (above right), as treasurer on July 1. The treasurer has wide responsibilities for overseeing Harvard’s finances, and signs the annual financial report with the vice president for finance. Rothenberg has used that report in recent years to send a message about changes threatening higher education’s economic model: families tapped out by rising tuition; eroding federal funding for research; and less robust endowment returns.

Rothenberg joined the Corporation in 2004, and will continue to serve on the senior governing board—presumably through 2016, when he would reach the normal term limit under the governance reforms adopted in 2010. Finnegan became a Corporation member in 2012, making this transfer seamless. For further details on the Corporation in transition, see https://harvardmagazine.com/2014/05/harvard-treasurer-transition and https://harvardmagazine.com/2014/05/harvard-corporation-leadership-transition.

Published in the July-August 2014 print issue under the headline “Treasurer Transition,” in the John Harvard's Journal section.

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