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The chief financial officer of the University of Michigan has accepted the role of senior vice president of operations at Yale University.
Geoffrey Chatas, who also served as one of three executive vice presidents, oversaw UM’s business and finance organization, including the university’s investments, finance, facilities and operations and human resources.
With Chatas’ departure and the ongoing search for a president, UM is now seeking replacements for two of its crucial leadership roles. However, the university said in the press release that it would not begin a search for a permanent CFO until after the next president is appointed.
“Geoff has made numerous meaningful contributions during his tenure, including helping to guide the university through the COVID-19 pandemic and, more recently, navigating complex federal research funding issues,” Interim President Domenico Grasso said in a statement. “Thanks to his steady leadership, he leaves the university in a strong financial position, and we are deeply grateful for his dedicated service.”
Vice President for Finance Bobby Hewlett will serve as U-M’s interim executive vice president and chief financial officer beginning Nov. 1.
Chatas served for four years as chief financial officer. He played a central role in advancing the university’s Look to Michigan vision, and was instrumental in envisioning and advancing the Campus Plan 2050, a comprehensive roadmap for the next 25 years of campus development, sustainability and innovation, the university’s press release said.
Chatas previously served as senior vice president and chief operating officer at Georgetown University and was senior vice president for business and finance and chief financial officer at Ohio State University.
Hewlett was appointed vice president for finance in July after spending seven months as interim associate vice president for finance. He previously served as controller at Michigan Medicine. Hewlett is an alumnus of UM’s Stephen M. Ross School of Business, earning a bachelor’s degree in business administration and a master’s degree in accounting.
satwood@detroitnews.com