Last modified: Wednesday, June 5, 2002
Theobald named new budget vice chancellor
Neil Theobald, professor of educational finance at Indiana University, has been selected by Chancellor Sharon Stephens Brehm to serve as the new vice chancellor for budget and administration on the IU Bloomington campus.
Theobald's selection followed a national search by an 18-member search committee chaired by Robert Klemkosky, chair of the Kelley School of Business' Finance Department and the Fred T. Greene Professor of Finance.
Theobald has served as a member and, more recently, co-chair of the campus Budgetary Affairs Committee and also as the co-chair of the 1999-2000 Responsibility-Centered Management (RCM) Review. As vice chancellor, he will develop and implement the campus budget, administer campus-specific activities and policies, work with the heads of 26 academic and administrative responsibility centers and supervise the offices of the bursar and of space management. He will also work closely with the offices of Vice President and Chief Administrative Officer Terry Clapacs and of Vice President and Chief Financial Officer Judith Palmer.
"This appointment presents an exciting challenge for me," said Theobald, who received his Ph.D. in educational policy, governance and administration from the University of Washington. "I look forward to applying my experience as a funded researcher and as a classroom teacher to the process of developing our campus budget."
Theobald will succeed Maynard Thompson, who is retiring from the position and will return to the Department of Mathematics as a faculty member.
For the last decade, Theobald has served as principal investigator of a project supported by the Lilly Endowment, the Strategic Directions Initiative and the Indiana General Assembly. The project assists the state in more effectively spending the $7 billion it disburses annually to public schools and involves work with all four caucuses at the Statehouse. He also is past president of the American Education Finance Association and a former economic analyst for two Fortune 500 corporations. Theobald lives in Bloomington with his wife and three children.