Al Horvath Albert G. Horvath is vice president for finance and business at Penn State effective June 29, 2007. He is responsible for leading the day-to-day management of Finance and Business and the strategic planning process for the unit which has an operating budget of more than $500 million and more than 2,500 employees. He is also responsible for special projects and assignments, including information systems and technology, succession planning, and emergency preparedness.
Al oversees the direct reporting relationships in the areas of auxiliary and business services; corporate controller and controller for the College of Medicine / Milton S. Hershey Medical Center; Office of the Physical Plant; University Budget Office; Office of Investment Management; Commonwealth Operations; University Police; and Human Resources.
Al comes to Penn State with a wide range of experience in finance and business, much of it in higher education. He has previously served as executive vice president for finance and CFO at Columbia University, where he has been responsible for the financial activities of the Ivy League university -- including its medical center -- with a $2.7 billion operating budget. At Columbia, he developed a five-year capital plan and debt strategy and created a procurement organization, was involved with several issues at the medical center, and acted as primary administrative liaison to the audit and finance committees of Columbia’s board of trustees. He also served as associate vice president for finance/controller, and later vice president for business and finance and CFO, at The California Institute of Technology; as controller at New York University; and as audit director and assistant vice president for finance at Carnegie Mellon University. He started his career as an auditor with Mellon Bank, before becoming a manager in Mellon’s trust and investment department.
A 1981 Penn State graduate with a degree in accounting, Al also earned an MBA with a concentration in accounting and finance from Duquesne University in 1985.
|