Loyola University Chicago

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Robert A. Munson Steps Down as Senior Vice President and Chief Financial Officer

March 30, 2017

Dear Members of the Loyola Community,

I would like to announce that Robert A. Munson has submitted his resignation as Loyola's senior vice president and chief financial officer, effective Friday, April 28, 2017. Rob has accepted the role of controller at MVDconnect in Cincinnati. He shared that his decision was primarily influenced by personal priorities to foster greater access to his family and friends in the Cincinnati area.

Rob joined Loyola in August 2014 and serves as a member of the President's Cabinet, and he has exhibited an unwavering commitment to our Jesuit mission, vision, and values. During his tenure with the University, Rob has worked diligently to co-chair the Budget Review Team, worked with Trinity Health to finalize details of our relationship, replaced the internal audit function with a successful request for proposal and engagement of Baker Tilly, and successfully hired staff into key positions within Financial Services. In addition, Rob worked to improve Board of Trustees and committee meeting materials and foster campus-wide collaboration toward enhancing revenues and reducing expenses. We acknowledge Rob's efforts and thank him for his unconditional commitment and dedication.

A national search to hire a new chief financial officer will be initiated immediately; however, I anticipate that it may take several months to identify and engage high-caliber candidates with the experience to support the scope and responsibility of this important role. An interim chief financial officer will be identified and appointed to continue the work of the role during the recruitment period.

On behalf of the Board of Trustees and the senior leadership team, I would like to personally thank Rob for the good work that he has done for Loyola over the past few years.

Please join me in congratulating Rob on his new professional opportunity and in wishing him and his wife, Laurie, the best of luck with their future endeavors and on their relocation back to Cincinnati.

Sincerely,

Jo Ann Rooney, JD, LLM, EdD
President