John R. Shipley Named New Vice President of Finance and Treasurer

Shipley, who has more than 25 years of financial, operational, and managerial experience, will join UM February 15.

(January 22, 2010) — The University of Miami announced today that John R. Shipley would be its new vice president of finance and treasurer. He replaces Diane Cook, who is retiring after 30 years of extraordinary service to the University.

Shipley has more than 25 years of financial, operational and managerial experience with Purdue University. He is currently Purdue’s comptroller.

“John comes from a university with a large research enterprise, which like the University of Miami has operations spread over multiple campuses,” said Joe Natoli, senior vice president of business and finance and CFO. “Purdue is renowned for the quality of its business operations and its people. He will be a terrific addition to the University’s management team.”

At Purdue, Shipley is responsible for the University’s accounting and finance functions, risk management, and financial systems support group. He is a member of Purdue’s Investment Committee, which manages $1.8 billion in endowment funds and $900 million in operating cash.

“I am truly excited to be joining the University of Miami, a top-tier institution that continues to strive for excellence and improve in all aspects of its mission,” said Shipley. “I look forward to joining the leadership team assisting President Shalala, Provost LeBlanc, and Senior Vice President Natoli as they guide the University’s strategic plan and dedication to quality.”

In his new position, Shipley will oversee investments, accounting, and treasury functions, as well as student accounts, payroll, accounts payable, and business services. He will be responsible for University relationships with lending institutions and the external financial community. He will join the University February 15.

He holds a Bachelor of Science in business administration from Miami University and a Master of Science in management from the Krannert Executive Master Program at Purdue University. He is a board member of the Council on Governmental Relations and chairs its Costing Policies Committee. He also serves on the Board of Directors of the Art Museum of Greater Lafayette, where he is treasurer.

In his spare time, Shipley likes to golf, fish, and play the guitar. He says that he won’t miss the Indiana winters and looks forward to spending more time out of doors, particularly improving his golf game. A sports and arts fan, he likes football and basketball. He and his wife, Lori, have three daughters.

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John R. Shipley

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