1 Senior Vice President for Finance and Business/Treasurer the Pennsylvania State University
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Senior Vice President for Finance and Business/Treasurer The Pennsylvania State University (Penn State) invites nominations and applications for the position of Senior Vice President for Finance and Business/Treasurer. Penn State University: Overview Founded in 1855, Penn State is one of the premier research universities in the world and a driver of economic growth and prosperity for the Commonwealth of Pennsylvania. Headed by Penn State’s 18th President, Eric J. Barron, and its Executive Vice President and Provost, Nicholas P. Jones, the University embraces its tripartite mission of teaching, research, and service across an ever-evolving higher education landscape. With 24 campuses throughout Pennsylvania, Penn State is the Commonwealth’s only land-grant institution. The University represents a strong economic powerhouse in the state, contributing more than $11.6 billion to the state’s economy and supporting—both directly and indirectly—more than 105,000 jobs across Pennsylvania. Penn State’s a national leader in research and development, with $968 million in expenditures in 2018-19, contributing to the state’s economy through innovation and technology transfer. Granted the “very high activity” classification for research universities by the Carnegie Foundation, Penn State prepares students to be leaders with a global perspective. With more than 6,400 full- time faculty and more than 160 baccalaureate degree programs and 190 graduate programs, Penn State is a comprehensive academic institution with a $6.5 billion annual operating budget. Penn State enrolls nearly 100,000 students and has 24 campus locations and 19 academic colleges, employs approximately 32,500 faculty and staff, and includes a medical college, two law schools, and an online World Campus, which graduated its first students in 2000 and now enrolls more than 12,000 scholars. Penn State’s instructional mission includes undergraduate, graduate, professional, and extension education offered through both residential instruction and distance learning. Its educational programs are enriched by the talent, knowledge, diversity, creativity, and teaching and research acumen of faculty, students, and staff. The University’s discovery-oriented, collaborative, and interdisciplinary scholarship promotes human and economic development, global understanding, and advancement in professional practice through the expansion of applied knowledge. Foci include the natural and applied sciences, social and behavioral sciences, technology, arts and humanities, and the myriad of professions. Penn State provides affordable access to education and public service to support the citizens of the Commonwealth and beyond. The University engages in collaborative activities with the private sector, as well as educational and governmental entities worldwide, to generate, integrate, apply, and disseminate knowledge that is valuable to society. Penn State’s university-wide strategic plan, Our Commitment to Impact, can be found here. 1 Penn State is consistently ranked among the top public universities in the country. Some highlights include: ▪ Ranks 20th among public universities and 59th overall nationally —U.S. News & World Report, "Best Colleges 2019" ▪ Ranked 43rd among the best universities in the world for the quality of education of its students and the research prowess of its faculty —Center for World University Rankings, 2018/19 ▪ Ranked in reputation (50th) as one of the world's top universities —Times Higher Education World Reputation Rankings 2018 ▪ Ranked 74th among the world’s top universities for teaching and research —ARWU (Academic Ranking of World Universities) 2018 ▪ International students and study abroad: Ranks 1st in Pennsylvania and 14th in the U.S., with 8,636 international students at University Park. Ranks 18th for the number of students studying abroad (2,220) —Institute of International Education "Open Doors," 2018 Diversity and Inclusive Excellence Penn State is committed to and accountable for advancing diversity, equity, and inclusion in all of its forms. The University embraces individual uniqueness; fosters a culture of inclusive excellence that supports both broad and specific diversity initiatives; leverages the educational and institutional benefits of diversity; and engages all individuals to help them thrive. Penn State values inclusive excellence as a core strength and an essential element of its public service mission. The University fosters and maintains a safe environment of respect and inclusion for all faculty, staff, students, and community members. Penn State educates faculty, staff, and students to be social justice advocates, creatively providing curricula, programs, and environments that reflect the diversity of its communities and elevate cultural awareness. In addition, the school ensures fair and inclusive access to its facilities, programs, resources, and services, and it ensures that all policies and practices are inclusive and equitable. The University advances and builds its workforce by assessing hiring practices and performance review procedures to attract, retain, and develop talented faculty and staff from diverse backgrounds, and it addresses intergroup disparities in areas such as representation, retention, learning outcomes, and graduation rates. Penn State Values Penn State emphasizes six core values that serve as the foundation for the University’s mission. These values are consistently and regularly communicated to remain at the forefront of daily decisions and actions, especially through the academic experience. INTEGRITY: We act with integrity and honesty in accordance with the highest academic, professional, and ethical standards. RESPECT: We respect and honor the dignity of each person, embrace civil discourse, and foster a diverse and inclusive community. RESPONSIBILITY: We act responsibly, and we are accountable for our decisions, actions, and their consequences. 2 DISCOVERY: We seek and create new knowledge and understanding, and foster creativity and innovation, for the benefit of our communities, society, and the environment. EXCELLENCE: We strive for excellence in all our endeavors as individuals, an institution, and a leader in higher education. COMMUNITY: We work together for the betterment of our University, the communities we serve, and the world. Campuses Penn State has 24 campuses, encompassing more than 22,000 acres, across the Commonwealth— there is a campus within practical commuting distance of virtually every Pennsylvanian. Most offer the first two years of baccalaureate instruction, as well as a limited number of four-year degree programs. More than half of the undergraduates start their academic careers at a Penn State Commonwealth campus. The University also includes Penn State Great Valley School of Graduate Professional Studies, Penn State College of Medicine at The Milton S. Hershey Medical Center, Penn State Law (University Park), Dickinson Law (Carlisle), Penn State World Campus (online programs), and the Pennsylvania College of Technology Through Invent Penn State, an initiative to drive job creation, economic development, and student career success by connecting researchers with the people who can help bring their discoveries to the marketplace, the University has created 21 innovation hubs designed to bolster entrepreneurship and economic development in communities surrounding Penn State campuses across the Commonwealth. In addition to overarching contributions, the 2019 economic impact study highlighted the significant influence of Penn State’s campuses on the state’s economy and citizenry. Outside of University Park and Penn State Health, the study found that Penn State operations and student spending at campus locations across the Commonwealth combined for more than $2 billion in total economic contributions, with most of those impacts coming in the county in which each campus is situated. Students Penn State enrolls nearly 97,000 students across all locations, which includes just over 81,000 undergraduate students and more than 15,000 graduate and professional students. For the incoming class of 2020 in the fall, 62.3 percent of all Penn State students identify as white, 10.2 percent are international, 8.7 percent Hispanic/Latino, 7.3 percent Asian American, 6.2 percent African American, 3.4 percent multiple races, 0.1 percent Native Alaskan, and less than 0.1 percent Native Hawaiian/Pacific Islander. The gender ratio on campus is now 54% male to 46% female, which is consistent with the previous year’s statistics. Athletics For student-athletes involved in intercollegiate athletics, Penn State has 29 NCAA Division I teams at University Park. Plus, across all 20 Penn State undergraduate campuses, there are more than 75 competitive NCAA Division III teams and 100 teams that qualify for national 3 championships through the USCAA. The University also offers a variety of club sports that vary from campus to campus but offer opportunities to compete in everything from aikido to crew to figure skating to ultimate Frisbee. Penn State also has a wide variety of intramurals that are active year-round and include basketball, soccer, badminton, and dodgeball among other offerings. Academic Programs Penn State offers 160+ baccalaureate degree programs, 90+ associate degree programs offered at select campuses, and 190+ graduate degree programs, including doctorates and academic and professional master’s degrees. These programs are taught by approximately 32,500 full-time employees university-wide, including