LEXINGTON. Ky.—Transylvania President Charles L. Shearer announced today that Marc A. Mathews will join the University February 23 as vice president for finance and business. He succeeds Jerry Ray, who has been chief financial officer for 25 years and will continue in a part-time advisory capacity for several months to assure continuity and a smooth transition of leadership.
Mathews brings 28 years of experience in accounting and financial management, most recently at the University of Kentucky, where he has been treasurer since January 2008, and was controller from 2004-08 and senior associate controller from 1998-2004. He previously worked in auditing and financial management at PricewaterhouseCoopers; Ross, Sinclaire & Associates; Century Offshore Management; and Coopers & Lybrand.
As vice president for finance and business, Mathews will serve as chief financial officer and will oversee the operation of the physical plant and the offices of finance and accounting, information technology, campus safety, purchasing, telecommunications, human resources, and financial aid, as well as all contracted services such as the bookstore and food service.
Mathews is a member of the American Institute of Certified Public Accountants and the National Association of College and University Business Officers. He has been active in community organizations including the United Way, the International Book Project, and Volunteer Center of the Bluegrass. He is national treasurer of Omicron Delta Kappa National Leadership Honorary.
Mathews is a 1980 Transylvania graduate and a former member of its Alumni Executive Board. He received a master’s degree in accounting from the University of Kentucky.