Tuesday, December 19, 2023

UA chief financial officer steps down as university attempts to remedy ‘financial crisis’ - Helen Rummel Arizona Republic

The University of Arizona’s chief financial officer is leaving her position one month after leadership publicly announced they were experiencing immediate cashflow issues. UA President Robert Robbins on Wednesday announced that he has accepted the resignation of Lisa Rulney, the now former CFO and senior vice president for business affairs. The transition comes as officials work to solve their financial stressors with just 97 days of cash on hand estimated by the end of the fiscal year.  "I want to acknowledge Lisa for her work and dedication to this great university over the past 22 years," Robbins said in a special meeting with the Arizona Board of Regents on Wednesday.