The University of Virginia Foundation today announced the promotion of Brad Butler to Chief Financial Officer. In his new role, Mr. Butler will be responsible for all financial aspects of the Foundation and its subsidiaries, as well as leading the Foundation’s team of finance and accounting professionals. He replaces Pat McCann, who retired on June 30 following 11 years of service to the Foundation.
“We could not be more pleased to be able to continue working with someone whose leadership skills are so closely aligned with the values of the University,” said Tim Rose, CEO for the UVA Foundation. “Pat McCann laid the foundation for our financial structure, and Brad is uniquely positioned to continue to lead this division.”
Mr. Butler joined the Foundation in 1997 and for the past 10 years has served as the Foundation’s Controller. During his tenure, Mr. Butler has gained experience in many areas of management, finance, and accounting, including financial reporting, risk management, and management of the Foundation’s debt portfolio.
As Chief Financial Officer, he will oversee a broad range of financial services for the benefit of the Foundation, University of Virginia, and University-associated organizations, including financial reporting, property accounting, and gift annuity administration.
Mr. Butler earned a Bachelor of Science in Business Administration with a concentration in Accounting from Emory and Henry College, as well as a Master in Business Administration from James Madison University. Mr. Butler is a Certified Public Accountant in Virginia and a member of the VSCPA. In addition, he is a member of the AICPA and holds the designation of Chartered Global Management Accountant (CGMA).
“I am honored to be promoted into the CFO role and appreciate this opportunity,” said Mr. Butler. “I look forward to becoming part of the UVA Foundation’s executive management team and continuing the Foundation’s support of the University and community as a whole.”