December 7, 2022

Business Headlines

Bitcoin Business

UND names Karla Mongeon-Stewart as next vice president for finance and operations – Grand Forks Herald

GRAND FORKS — UND President Andrew Armacost introduced on Tuesday, July 12, the university’s next vice president for finance and functions will be a familiar experience on campus.

Karla Mongeon-Stewart, who is currently serving as the affiliate vice president for finance, will turn out to be the upcoming vice president for finance and operations/chief functioning officer. She replaces Jed Shivers, who is departing for a equivalent placement at a university in New York.

Mongeon-Stewart will begin her new responsibilities on a three-calendar year renewable agreement, successful July 18.

“I am thrilled to announce that I have appointed Karla Mongeon-Stewart as our new vice president for finance & operations/main working officer,” Armacost claimed. “Karla has offered amazing management as our affiliate vice president for finance, overseeing a team of virtually 60 professionals who keep our fiscal engines and budgeting techniques jogging.”

In her new part, Mongeon-Stewart will supply management for the university’s financial and operational divisions, like human sources, general public protection, facilities, affirmative action/equal opportunity employment, records administration and the Chester Fritz Auditorium.

“I am so honored to be continuing my qualified journey at UND,” Mongeon-Stewart explained. “I have worked with so lots of great colleagues above the past seven several years at UND and beneath Dr. Armacost’s leadership, I am assured we will go on the positive trajectory.”

A indigenous of Fargo, Mongeon-Stewart graduated from North Dakota State University with a diploma in accounting in 1996. She finished her master’s in company administration from the College of Mary in Bismarck in 2003.

A certified community accountant because 1998, Mongeon-Stewart has worked in an array of fiscal analyst positions during her vocation. She entered the realm of higher education finance in 2003, expending four yrs as the director of finance and controller at Bismarck Point out Higher education. From there, she turned finances director at NDSU, focusing on alter administration and course of action enhancement. Up coming, she served as assistant vice president for academic affairs at the University of Texas at Brownsville and then chief money officer at Rocky Mountain Faculty in Billings, Montana.

In 2015, Mongeon-Stewart joined UND as affiliate vice president for finance after a national research.

“In her new role, Karla will showcase her strong management across the full business of finance and functions,” reported Armacost. “Her state-extensive experiences will be a legitimate asset to UND as we enter the subsequent legislative session. Karla has finished visionary get the job done in the environment of bigger schooling, and I seem forward to obtaining her primary the division subsequent the departure of Jed Shivers in mid-July.”

Mongeon-Stewart has worked intently with Shivers in all matters connected to UND’s fiscal setting up and operations. In addition to assisting UND navigate the pandemic, Mongeon-Stewart and Shivers’ management coincided with a surge in new design, renewal and transformation across campus. They also ongoing to search for ways to fund new construction and lessen deferred maintenance fees as a result of community-private partnerships.

Their financial leadership aided information UND via the 2021 legislative session and subsequent unique session, securing approvals for numerous large-influence UND tasks, which include a Merrifield-Twamley renovation, new runway apron for UND Aerospace and many house investigate initiatives.

“Jed has been an astounding mentor and colleague, and has positioned the division and the university on solid floor to confidently navigate the at any time-altering environment of better instruction,” reported Mongeon-Stewart. “I am so excited to be leading a gifted finance and operations crew and to carry on my collaboration with all the divisions of the College for the profit of our students, workers and faculty and our point out.”

Shivers also credits Mongeon-Stewart for profitable campus-broad implementation of the MIRA financial administration model, as well as her perform with differential-tuition administration and enhancements to business procedures at UND. He termed Mongeon-Stewart a “highly collaborative man or woman within just the (finance) division and across the college.”

“I am very gratified to learn that Karla Mongeon-Stewart will develop into the up coming vice president for finance and functions,” Shivers mentioned. “Her ordeals at the corporate degree inside three North Dakota colleges and universities as properly as her tenure doing the job with the provost at a University of Texas technique campus supply her with exceptional understanding and skills. She also has a eager eye for recruiting, retaining and advertising and marketing talent.

“With Karla joining President Armacost’s staff and doing work closely with Provost Backlink and the other vice presidents, UND will proceed its strategic advancement in educating, study and company on behalf of the citizens of North Dakota and our region.”