Tim DeWitt Named Interim Chief Financial Officer

May 14, 2020

tim dewitt may2020 220Tim DeWitt has served Albion College for more than a decade.Tim DeWitt, who has held several positions in the Division of Finance and Administration in his 12 years at Albion College, has been named the College’s interim chief financial officer, replacing Dee McCormick, who retired last month as vice president for finance and administration.

DeWitt, who most recently has served as treasurer, will hold the position until President-Elect Dr. Mathew Johnson and the Board of Trustees can hire a permanent CFO.

“I am honored the Board would ask me to become interim CFO and to help Dr. Johnson in this transitional period,” said DeWitt, who began at Albion as a business manager before assuming the role of treasurer and manager of auxiliary services.

He takes on the position during a dramatic period in higher education, not only at Albion but across the country. The COVID-19 pandemic forced in-classroom teaching to move to online instruction in March, and plans are being formulated now to re-open campus for fall semester.

Dr. Johnson, who officially assumes his presidential duties July 1, said DeWitt’s experience at Albion will be invaluable in the days ahead.

“Tim is a great resource to the College,” Dr. Johnson said. “I have enjoyed greatly the depth of insight and the good humor he brings to his work. I look forward to learning much from him in the coming weeks and months.”

For DeWitt, his first task as interim CFO will be to develop various 2020-21 budget scenarios to help address the unique challenge facing all colleges and universities: planning for a fall semester that, from a vantage point in mid-May, could be unlike any other.

“That is of particular attention,” he said, adding that he believes Albion is ready for the challenge. “There are budget scenarios for managing the unknown, and I look forward to working with Dr. Johnson and being an advocate for his innovative approach.”