NewsDesk

Sara Thorndike Portrait

Sara Thorndike named senior vice president for Finance and Business
Sara Thorndike, vice chancellor for administration and finance and chief financial officer at East Carolina University, has been named Penn State’s new senior vice president for Finance and Business/treasurer, effective Jan. 18, pending final approval of the Penn State Board of Trustees Subcommittee on Compensation.

Thorndike’s appointment follows a national search. She succeeds David Gray, who announced his intention to retire in 2020 after eight years of dedicated service to the University. Read More

 

Campus Exterior Shot

Procurement Project is Estimated to Save Penn State $45M in Annual Cost-Savings
The Resource Optimization Initiative (ROI) announced the launch of the Strategic Procurement Transformation (SPT) project, which is designed to save Penn State approximately $45 million in annual cost-savings and further leverage SIMBA, the University's new financial management tool. Read More
 

puppy

University Shares Police and Public Safety Budget Data
In light of recent requests from members of the University community to convey information about the budget for University Police and Public Safety (UPPS), the University is sharing actual revenues and expenditures for UPPS for three prior fiscal years as well as budgeted amounts for the current fiscal year (Fiscal Year 2020-21). Read More

 

Geisinger Holy Spirit

Board of Trustees approves two resolutions at special meeting
During a special meeting today (June 23) held via telephone conference, the Penn State Board of Trustees approved a resolution to amend the University’s borrowing authority and a resolution approving Penn State Health’s acquisition of the Holy Spirit Health System. Read More
 

 

Old Main Exterior Shot

Changes to the categorization of new staff hires to start July 1 
Starting July 1, Penn State will begin to transform how it categorizes staff positions, beginning with new hires, based on the recommendations of the University’s Strategic Budget Task Force, in its 2019 report. The first of three planned phases of the transformation will affect only new staff hires posted after July 1. Read More

 
 

 

F&B Unit News

David Rose
Tuesday, November 17, 2020
David Rose, former associate vice president for Penn State Auxiliary and Business Services, retired in November after a 34-year career with the...
Student showing her mask artwork
Thursday, November 12, 2020
Penn State Housing and Food Services at the commonwealth campuses held a special event in October to thank students for pulling together during the...
Gingerbread House
Tuesday, November 3, 2020
Penn State Auxiliary and Business Services and the Penn State Bakery are hosting their third annual Gingerbread House Decorating Event, but this year...