Dr. Karl Lawrence will serve as Excelsior College’s Chief Financial Officer and Vice President of Finance, the institution announced today. Dr. Lawrence has served as interim CFO since July 2016 following the retirement of John Pontius.
The CFO is responsible for administrative, financial, and risk management operations for the College. In his new role, Dr. Lawrence will continue the work of integrating information from numerous sources and generating predictive insights, designing and implementing modern budget development processes, measuring and monitoring performance at varying levels, constructing and monitoring institutional controls, adhering to legal and regulatory requirements, and maintaining a stringent governance structure.
“Dr. Lawrence humbly assumed the interim CFO role this past summer and served as a stabilizing force, implementing immediate improvements in respect to our governance structure and internal controls,” said Excelsior College President James Baldwin. “He brings extensive ﬁscal experience and ﬁnancial knowledge to the position and we’re confident in his ability to help lead the institution forward.”
“I welcome the opportunity to lead the College’s fiscal team as we seek to re-envision our role within the College’s landscape,” Dr. Lawrence said. “This involves shifting from numbers-only to becoming key strategic partners in shaping the future direction of the institution.”
Dr. Lawrence, a native of Florida, earned a bachelor’s degree in finance and econometrics, an MBA with an international business focus, and a doctorate in corporate finance and econometrics from Florida State University. Dr. Lawrence has also received a certificate of organizational management from Harvard Extension School. Dr. Lawrence has the unique experience of having matriculated through the academic ranks from an assistant professor to becoming a Dean.
Dr. Lawrence joined Excelsior College in 2014 as the Dean of the School of Business and Technology. Under his leadership, the School of Business and Technology business and technology programs were re-accredited, the academic programs were expanded, and student enrollments grew by roughly 50 percent. The school’s business and technology programs now enroll 5,200 and 5,900 students, respectively.