What are the demographic characteristics of higher education chief business officers (CBOs)? What job skills do our CBOs need to be successful? And what are we doing to prepare for the future as today’s CBOs begin to transition into retirement or other professional opportunities?
To answer these and other important questions, in 2010 the NACUBO Board of Directors, through our Long-Range Strategic Plan, initiated our first-ever national census of higher education chief business officers. The 2010 study was so successful that our board asked us to continue this research effort on a triennial basis. I am proud to share with you the most recent edition of this survey series, the 2016 National Profile of Higher Education Chief Business Officers.
This 2016 report tracks changes in the demographic characteristics, job duties, and plans for career transitions and retirements of business office chief executives at colleges and universities in 2010, 2013, and 2016. The 2016 study also provides a first-ever look at CBOs’ salary levels and succession planning activities.
The 2016 project was funded in part by a generous contribution from TIAA, which has been a valued and trusted partner for many years and continues to support the professional development needs of NACUBO and its member institutions. Much of the data analysis and report writing were completed by Lesley McBain, NACUBO’s assistant director for research and policy analysis, and Eugene Anderson, research consultant. This work also benefited greatly from a project advisory panel: Corey Bradford, Sr., Prairie View A&M University; Ruth Constantine, formerly of Smith College; F. Joseph Mazur III, College of Central Florida; Dawn Rhodes, chief business and finance officer/ vice president, University of Maryland Baltimore; Cynthia Teniente-Matson, Texas A&M University–San Antonio; and Michael Unebasami, University of Hawaii Community Colleges.
Finally, NACUBO would like to acknowledge the dedication of the 713 CBOs who participated in this National Profile. Their willingness to share personal and career information has allowed this publication to offer a unique examination of important changes in the backgrounds, responsibilities, and future plans of CBOs at all types of higher education institutions.