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Washington, DC CHIEF FINANCIAL OFFICER Tuskegee, Alabama Most CHIEF FINANCIAL OFFICER Tuskegee, Alabama Most leaders spend time trying to get others to think highly of them, when instead they should try to get their people to think more highly of themselves. It's wonderful when the people believe in their leader. It's more wonderful when the leader believes in their people. – Booker T. Washington Tuskegee University (Tuskegee)—an icon of American higher education—seeks an exceptional and experienced leader to become its next Chief Financial Officer (CFO). It is an exciting moment as the University is poised to forge a financially healthy future having recently received $115M in debt relief from the Department of Education as part of COVID-19 relief bill and, additionally, in 2020 received the largest single donation in the history of the University. All told, this is an exceptional moment to join a new leadership team at Tuskegee and to shape the future through strong fiscal stewardship as the University enters this next exciting phase of its storied history. Founded by Booker T. Washington in 1881, Tuskegee University is among the nation’s premier Historically Black College and University (HBCU) research institutions addressing the global needs of citizens, industries, and governments. An independent, state-related institution, Tuskegee has distinct strengths in the sciences, agriculture, architecture, construction, business, education, engineering, health sciences, and veterinary medicine all rooted in a rich liberal arts tradition. The University enrolls approximately 3,000 students across five colleges and three schools and is home to 311 faculty and 491 staff. The University has a $157 million endowment, an operating budget of $135 million, and is accredited by the Southern Association of Colleges and Schools Commission on Colleges. The CFO will be a proven, effective leader with demonstrated experience strengthening financial and operational systems. The CFO will possess the technical knowledge and business acumen to provide structure and stability for the University’s fiscal and administrative processes. Reporting to the President, the CFO will manage resources, make recommendations, and set strategy. The CFO will be expected to provide strong fiscal stewardship and identify new revenue sources and models; oversee and manage the finance team; serve as an operational and strategic planning partner to the president, senior leadership and Board; communicate effectively financial information and decisions to the Tuskegee community; and oversee efficient and transparent financial and business operations. Boston | Philadelphia | San Francisco | Washington, DC Tuskegee University, Chief Financial Officer Page 2 of 7 The new CFO will be a hands-on leader with excellent interpersonal, communication, and financial leadership skills. The CFO will have a keen understanding of the trends and issues facing institutions of higher education, and the financial and operational strategies needed for success. The CFO must be resourceful, organized, and results-oriented. The successful candidate will respect the University’s collaborative culture and be a confident, humble leader able to influence and motivate others in a fast-paced environment. Isaacson, Miller has been retained to assist Tuskegee University in this recruitment. All inquiries, nominations, and applications should be directed to the search firm as indicated at the end of this document. TUSKEGEE UNIVERSITY: A Brief History Tuskegee University, founded on July 4, 1881, started as a “Negro Normal School” and was the dream of Lewis Adams, a former slave, and George Campbell, a former slave owner, who shared a commitment to the education of blacks. Seeking help to establish this institute of learning, George Campbell enlisted his nephew to contact the Hampton Institute, a historically black college in Virginia, subsequently requesting the recommendation of a teacher for their new school. An alumnus and dynamic teacher at Hampton, 25-year-old Booker T. Washington was hired as principal of the school from its founding until his death in 1915. Butler Chapel AME Zion Church provided the initial space and building for the school, which is nearby its present location. A year following the school’s founding, Washington purchased “a 100-acre abandoned plantation” which eventually became the nucleus of the campus in its present form. The University’s campus was designed by architect Robert Robinson Taylor, the first African-American graduate from the Massachusetts Institute of Technology. At the Tuskegee Institute, Booker T. Washington intended to train students in agricultural skills, morals, and religious life in addition to academic subjects, and his substantial investment in Tuskegee Institute earned it national distinction. He was able to attract the innovative botanist and inventor George Washington Carver, who would become one of the University’s most renowned professors. Washington was also a tireless fundraiser for the Institute and was successful in cultivating support from a network of American philanthropists such as Andrew Carnegie and John D. Rockefeller to contribute to Tuskegee’s financial vitality. Institutional independence was gained in 1892, when Tuskegee Normal and Industrial Institute was granted authority to act independently of the state of Alabama. Washington maintained a lifelong devotion to his institution and to his home – the South. Dr. Washington is buried on the campus of Tuskegee University near the University Chapel. In the shadow of World War II, the U.S. Army Air Corps established a training program at Tuskegee Institute in an effort to train black aviators. Before 1940, African Americans were barred from flying for the U.S. military. Civil rights organizations and the black press exerted pressure that resulted in the formation of an all African-American pursuit squadron based in Tuskegee, Alabama, in 1941. They became known as the Tuskegee Airmen. The military selected Tuskegee Institute to train pilots because of its commitment to aeronautical training, and the Tuskegee program was then expanded and became the center for African-American aviation during World War II. The Tuskegee Airmen’s achievements, together with the men and women who supported them, paved the way for full integration of the U.S. military. On November 6, 1998, President Clinton approved Public Law 105-355, which established the Tuskegee Airmen National Historic Site at Moton Field in Tuskegee, Alabama, to commemorate and interpret the heroic actions of the Tuskegee Airmen during World War II. The site contains a museum and interpretive programs at the historic complex at Moton Field as well as a national center based on a public-private partnership. Tuskegee University, Chief Financial Officer Page 3 of 7 In 1965, Tuskegee Institute was declared a National Historic Landmark for the significance of its transformative academic programs, its role in higher education for African Americans in the 20th century, and its status as a prominent fixture in the history of this country. In 1985, Tuskegee Institute achieved university status and was renamed Tuskegee University. Tuskegee’s mission has always been service to people, not education for its own sake. Stressing the need to educate the whole person, that is, the hand and heart as well as the mind, Dr. Washington’s school is acclaimed for the soundness and vigor of its educational programs and principles. TUSKEGEE UNIVERSITY: Present Day The University is firmly rooted in a rich history of successfully educating students to understand themselves and their society against the background of their total cultural heritage and the promise of their individual and collective future. Committed to its land-grant tradition, the spirit, heritage, and connection to Tuskegee is vividly and passionately communicated by alumni, faculty and staff, students, and community members. Recognized as the only HBCU campus in the nation to be designated a National Historic Site, Tuskegee is also the only privately operated HBCU with land-grant status. Tuskegee University’s total annual revenue budget is over $143 million (FY21) with a total grants and contracts expenses exceeding $42 million in FY20. Tuskegee faculty, along with more than 400 exceptional staff, are responsible for fulfilling the University’s core mission. The University’s 283 full-time and 28 part-time faculty come from around the world and assist in meeting society's challenges by educating its 2,747 students. The University currently offers 64 degree programs, inclusive of undergraduate, masters, one doctor of veterinary medicine (DVM) and four PhD degree programs. With distinctive strengths in science, architecture, business, engineering, health, and veterinary medicine, all structured on solid foundations in the liberal arts, Tuskegee’s programs focus on equipping students with high-order intellectual and moral qualities needed for successful contribution to the workforce of the 21st century and beyond. Tuskegee educates students whose technical, scientific, and professional prowess has been not only rigorously honed, but also sensitively oriented in ways that produce graduates who are morally committed to public service with integrity and excellence. The University boasts academic strength across a broad range of fields and, indicative of this breadth, was recently ranked fourth on the 2021 U.S. News & World Report list of Historically Black Colleges and Universities and in the top quarter of regional universities nationally. A National Science
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