Executive Vice President and Treasurer
About the position
The executive vice president and treasurer (EVPT) is the Institute’s chief financial officer and is responsible for leading all of the central administrative and financial functions at MIT, and working with the president, the Corporation, and members of MIT’s senior leadership team to ensure that MIT’s financial, capital, and operational resources are optimally deployed in a manner that supports the Institute’s academic mission of education and research. The EVPT is responsible for financial strategy development, operations and capital budget planning, debt issuance, and the integrity of financial information.
The EVPT is the chief steward of MIT's $32 billion in net financial assets and over $4 billion in operating revenues (fiscal year 2023), and is responsible for administering the Institute's $5 billion capital plan through 2030. Areas of responsibility also include human resources, information systems, facilities, and operations.
The EVPT is the treasurer of the MIT Corporation and is responsible for the management of the Corporation’s financial resources. He serves as an ex-officio member of the Executive and Development committees of the Corporation and of the board of the MIT Investment Management Corporation.
Committees on which the executive vice president and treasurer serves
- Academic Council
- Development Committee
- Enrollment Management Group
- Executive Committee
- Gift Acceptance Committee
- MIT Corporation
- MIT International Board of Directors
- MIT Investment Management Company Board of Directors
Committees chaired by the executive vice president and treasurer
- Building Committee
- Budget and Finance Steering Group
- Supplemental 401(k) Plan Oversight Committee