CHANCELLOR'S COMMUNIQUE

Changes in finance leadership structure, 10-7-2016

Dear colleagues,

As chancellors of the CU Denver and CU Anschutz campuses, we are working closely together to determine where we can most effectively share resources and where it's more strategic to focus them at the campus level. Given that funding from the state continues to be tight and due to the need to improve the ongoing financial success of both campuses, we have asked our campus chief financial officers to consider the optimal structure for our administrative and financial functions. 

We are pleased to announce that Jennifer Sobanet will now focus her work on CU Denver as its CFO and vice chancellor of administration and finance, reporting directly to Chancellor Horrell. Jennifer will work with the associate vice chancellors across the shared Denver | Anschutz team of finance and administration professionals to identify a Denver-focused team that can quickly and effectively respond to CU Denver's strategic priorities and financial needs. Jennifer will no longer serve in the role of deputy CFO for CU Anschutz and vice chancellor of budget and finance for the Denver and Anschutz campuses.  Jennifer's professional background, which includes executive positions in administration and finance, strategy and policy, is well-suited to the challenges and opportunities on a comprehensive urban campus.

Terri Carrothers will continue in her role as senior vice chancellor of administration and finance for the consolidated CU Denver| Anschutz in addition to serving as CFO for CU Anschutz. Terri has direct supervision over the units within Central Services and Administration (University Police, information technology, human resources, facilities management, finance and budget) and serves as CFO for the consolidated entity.  Terri has nearly 40 years of experience working in the academic health environment, with her most recent experience as the associate dean for administration and finance and chief of staff in the CU School of Medicine.  

While we are making this change to provide targeted campus-level leadership on financial issues, our consolidated structure in other areas -- for example, in academic and student affairs, communications, research, diversity and inclusion -- will remain intact.  

We believe that this collaborative approach to sharing joint resources will be more efficient and effective by drawing on the strengths of these leaders to help each campus thrive.  In advance, we thank you for supporting Jennifer and Terri in their work.

Sincerely,

Dorothy Horrell Chancellor, CU Denver

Don Elliman Chancellor, CU Anschutz​​​​​​​