Wake Forest President appoints Nancy Suttenfield as senior vice president

By Kevin Cox
April 4, 2006

Wake Forest University President Nathan O. Hatch has appointed Nancy D. Suttenfield as senior vice president and chief financial officer (CFO) at Wake Forest.

Nancy D. Suttenfield

She will assume her new role Aug. 1.

Suttenfield will be responsible for the financial affairs and resource management of Wake Forest's Reynolda Campus. She will work in close collaboration with the university's academic leadership, the vice president for administration and the vice president for investments (who is also university treasurer) to develop financial strategies to advance the academic mission, Hatch said.

Presently, Suttenfield is vice chancellor for finance and administration at the University of North Carolina at Chapel Hill.

Suttenfield's appointment follows Hatch's announcement last year that he planned to divide the position now held by Vice President for Finance and Administration John Anderson, who retires June 30. Last December, Hatch appointed Matthew Stephen Cullinan as vice president for administration. Cullinan begins his new responsibilities July 1.

"I am delighted that Nancy will become a member of the administrative team here at Wake Forest and know that she will bring a wonderful set of skills to our university. Her depth of financial experience within university environments, along with her deep commitment to higher education, makes for a wonderful match," said Hatch.

Since 2000, Suttenfield has served as vice chancellor for finance and administration at the University of North Carolina at Chapel Hill. At that university, her numerous responsibilities include directing financial management functions, advising the chancellor on resource management issues and financial strategy, overseeing administrative and auxiliary services, overseeing physical facilities, and developing and overseeing a 10-year capital improvement plan. In addition, she served on the boards of directors of the UNC-Chapel Hill Investment Fund, the UNC-Chapel Hill Foundation, the UNC Management Company, and the UNC Health Care system.

During her time in Chapel Hill, Suttenfield proposed and launched a university partnership with the town, downtown retailers and property owners to reinvigorate and diversify the downtown environment. She served on a mayor's task force on downtown that led to the creation of a downtown economic development commission. Suttenfield serves on the board of directors of this organization, as well as the Chapel Hill-Carrboro Chamber of Commerce. She received the 2004 Chamber of Commerce Award for advances in relations between the town and the university.

Previously, she was vice president for finance and administration at Case Western Reserve University in Cleveland, Ohio, from 1996 to 2000. At the Smithsonian Institution in Washington from 1986 to 1996, Suttenfield held various positions, including chief financial officer. She has also worked with the Virginia Department of Planning and Budget developing the K-higher education budget and as an economist for the Virginia Department of Taxation.

Suttenfield received a Bachelor of Science degree in mathematics education from Indiana University of Pennsylvania, where she was recently awarded the 2006 Distinguished Alumna Award, and a Master of Arts in economics from Virginia Commonwealth University.