took some friendly ribbing from my Duke colleagues about coming
to Atlanta, Mandl admits. And I wasnt anxious
to leave Duke, Emory is a very good fit professionally and personally.
Im excited to see what were going to be able to
John Temple retired this summer after two decades as Emorys
chief operating officer, having overseen a period of extraordinary
growth and financial prosperity.
welcome Mike Mandl to succeed John Temple at Emory, said
President William M. Chace. He brings to us an acute intelligence,
a firm grasp of the complexities of private higher education
in the United States, and a determination and tenacity to understand
and then to solve the many fiscal issues that we, along with
our national counterparts, will be facing in the coming years.
Duke, Mandl served as the chief financial services and budget
officer since 1999, supervising the financial division, capital
planning, sponsored research, and the enterprise wide administrative
systems group. He led Duke in several strategic initiatives,
including revamping the capital construction planning and reporting
process, overhauling financial reporting and communications,
and developing the financial component of the Universitys
forged cooperative, productive relationships between the academic
sector, the administrative sector, and the universitys
health system, he says. Previously, there were many
folks working in silosthey understood their
own area, but not really other areas of interdependence. I spent
a lot of time and effort breaking down those silos so people
talked to each other and worked collectively. My hope is that
legacy will continue.
Lange, provost at Duke, said, Mike has been a superb financial
leader. He has worked in a highly cooperative, supportive, intelligent,
and creative way in assuring that we are able to optimize the
financial resources supporting the academic sector.
who has a bachelors degree in accounting from George Washington
University and a masters degree in liberal studies from
Duke, previously held other financial management positions at
Duke and at the University of Pennsylvania, including serving
as vice dean for finance and administration in Penns School
of Arts and Sciences. He has also worked as a certified public
accountant with KPMG Peat Marwick, and as a senior budget, financial,
and accounting analyst with Glaxo Pharmaceuticals.
experiences in the business world and at other private research
universities will serve him well in his new position, Mandl
and Emory are similar in many dimensions: student body size,
mix of undergraduate, professional, and graduate programs, annual
revenue, magnitude of the health system and school of medicine,
he says. There is overlap in many of the challenges, so
I expect many of the issues I will deal with at Emory will be
stagnant economy is likely to affect higher education by resulting
in low investment returns, constrained endowment payoffs, and
more conservative philanthropy, Mandl says.
in a university is really about balancing the level, form, and
timing of investments for current and future generations. We
will need to be prudent on many fronts, but I believe it will
also be important to take measured risks, he says. Emory
will certainly face constraints, but like many other highly
selective institutions, I believe it is well positioned to not
only weather the storm but actually advance during these more
difficult economic times. I firmly believe that Emorys
best days remain ahead.M.J.L.