18
February
2019
|
09:05 PM
America/New_York

Papadakis named Ohio State senior vice president of Business and Finance

Michael Papadakis has been named The Ohio State University’s senior vice president of Business and Finance, and chief financial officer, pending board approval this week.

Papadakis has served as interim senior vice president and CFO for the past year. He has been the university’s vice president and treasurer since 2011.

“Mike has been integral to the university’s financial strength and stability over the past few years,” said President Michael V. Drake. “As CFO, Mike’s primary focus will be on operational excellence and resource stewardship to fuel our academic mission.”

Papadakis oversees Ohio State’s $7 billion annual operating budget, which includes both the academic enterprise and the Wexner Medical Center. His base salary is $610,000.

He has led many signature initiatives since joining the university, including the $1.165 billion Comprehensive Energy Management Project. Some of his other accomplishments at Ohio State include the issuance of the university’s century bonds, issuance of subordinated housing bonds, corporate “shelf-like” registration and initial $600 million financing, and completion of a 20-year wind power purchase agreement.

Prior to joining the university, he served as a director of energy investment banking at KeyBanc Capital Markets. Papadakis held previous roles in corporate tax at Deloitte and strategic business valuation at Arthur Andersen.

Papadakis earned his MBA in finance from the Fisher College of Business at Ohio State and a BBA in accounting from the University of Cincinnati. He has completed the General Management Program at Harvard Business School. He is also a Certified Public Accountant.