Chestertown, MD, May 29, 2007 — Washington College is pleased to announce the appointment of James Manaro as the new Senior Vice President for Finance and Administration.
Manaro, who has more than 30 years' experience in the budgetary/financial field, was chosen after an extensive national search to find a replacement for longtime Washington College finance VP H. Louis Stettler III, who is retiring this summer.
"From the moment of his first encounter with the search committee, Jim Manaro impressed everyone with his vision, energy and good sense," said Washington College President Baird Tipson. "Not only will he draw on his extensive experience, but he will also help us take advantage of the unique opportunities created by our 225-year tradition of education in the liberal arts and by our location in historic Chestertown. Jim will be a worthy successor to Lou Stettler, who retires after a decade of unselfish service."
Manaro most recently has been Senior Vice President for Finance and Administration at Clarkson University in Potsdam, New York. At Clarkson, Manaro was responsible for the management of $282 million in assets and supervised 155 employees. He also served as treasurer of the Board of Trustees and as liaison for four board committees.
"Washington College is very lucky to attract someone of Jim Manaro's capabilities and background to follow on the fine work of Lou Stettler," said Stephen T. Golding, Executive Vice President for Finance and Administration at Cornell University. A Washington College alumnus (Class of 1972), Golding serves on the College's Board of Visitors and Governors, and headed the search committee that ultimately selected Manaro.
"Jim has a demonstrated track record of higher education financial management and administration, and will be an outstanding addition to the superb leadership team President Tipson has assembled to run the College at such an important time in its evolution," Golding said.
Washington College, currently celebrating its 225th anniversary year, has plans in the works for a number of expansion-and-improvement projects, including a renovated and expanded performing arts center, a fully remodeled dining facility, and two additional on-campus student residences.
Manaro earned a baccalaureate of science degree at the State University of New York at Stony Brook and a master's degree in public policy and administration from SUNY Stony Brook's Averell Harriman College. After serving as a budget analyst in the Congressional Budget Office, he was Associate Deputy Administrator for the Environmental Protection Agency, then Financial Manager for the City of San Francisco, and then Assistant to the Vice President for Finance at Yale University. He also served as Vice President for Institutional and Public Finance at the Student Loan Marketing Association ("Sallie Mae") and, prior to helming the finances of Clarkson University, was Vice President for Finance and Treasurer at Muhlenberg College in Pennsylvania.
"I look forward to working at Washington College, such a prestigious institution," said Manaro. "It's a terrific opportunity for me to be joining the great team established by President Tipson."