UNCW Names Dr. Rick Whitfield as Next Vice Chancellor for Business Affairs
Friday, June 20, 2014
Wilmington, N.C. - Rick N. Whitfield, Ed.D., has been named vice chancellor for business affairs at UNCW as of July 1, the university announced today. Currently associate vice chancellor for business affairs, Dr. Whitfield has 35 years of experience in higher education leadership and operations. Prior to joining the UNCW team in 2010, he served as executive vice president at Pace University, where he was the chief financial and administrative officer.
"Rick Whitfield has an excellent track record, both at UNCW and other institutions, for innovative thinking and sound fiscal management," said Chancellor Gary L. Miller. "With Rick’s expertise, UNCW has developed cost allocation and budget analytics programs that have earned well-deserved recognition as models within the UNC system. I am delighted that he has accepted the opportunity to lead our business affairs division.”
Whitfield’s previous experience also includes financial leadership roles at the University of Pennsylvania and its health system and Vanderbilt University and its medical center. He will replace Charles A. Maimone, who was recently named vice chancellor for business affairs at UNCG.
“I am honored to have been chosen for this role and to carry on Charlie Maimone’s legacy of excellence,” Whitfield said. “Our university has grown in so many ways since I arrived four years ago, and I look forward to continuing to bolster the financial programs and operational practices that have made UNCW a model for innovation, quality and efficiency.”
Whitfield’s work with debt refinancing at UNCW will result in savings of approximately $8 million in interest costs over the next 20 years. He has been instrumental in developing the university’s financial management plans for construction of the MARBIONC building, purchase of the Center for Innovation and Entrepreneurship building, and improvements of outdoor campus facilities. Whitfield also served on the university’s steering committee for Southern Association of Colleges and Schools (SACS) reaccreditation and worked closely with the executive leadership team to prepare for the Moody’s Investors Service review of the university’s overall credit rating. The outcome was an upgrade in Moody’s outlook for UNCW, from stable to positive.
As associate vice chancellor of business affairs, Whitfield has played a vital role in reducing student debt service fees. UNCW is the only campus in the UNC system that was able to make this adjustment.
Whitfield is a Certified Public Accountant and holds an Ed.D. in higher education leadership from the University of Pennsylvania, a MBA from Vanderbilt, and a bachelor’s degree in accounting from Austin Peay State University.