The Ohio State University names a new Chief Investment Officer (“CIO”) as the current CIO announces his retirement. Vishnu Srinivasan (“Vish”), an accomplished investment executive, will oversee the future strategic development and ongoing management of the university’s Long Term Investment Pool beginning on May 18th.
Refunds for housing and dining fees for students who vacated the residence halls will be issued on April 3. Recreational fees refunds apply to all students. The credited amounts represent the remaining 45 days of s pring semester (calculated from March 16). BuckID funds and Dining Dollars will be rolled over as detailed on the University Dining Plans page.
Ohio State has implemented new controls on cash reserves and restrictions on procurement spending -- as well as a temporary hiring pause -- as financially prudent steps in response to the coronavirus outbreak (COVID-19).
To expand on previous decisions, the university has suspended all university-sponsored international and non-essential domestic travel until future notice. All travel that has been scheduled through June 30, 2020 , must be cancelled (see cancellation guidelines ), and no new travel may be booked until further notified.
Temporary travel guidelines and approval processes were issued in response to the recent coronavirus announcement from President Drake . Effective immediately and until further notice, all university-sponsored international travel is suspended.
Ohio State has named Scott Osborne to the ongoing role of vice president of economic and corporate engagement.
Osborne has led the Corporate Engagement Office as interim vice president since August 2018. CEO focuses on strategic partnerships, technology commercialization, new ventures, Smart Cities and economic development.
A new analysis shows that The Ohio State University generates $15.2 billion annually in economic impact for the state of Ohio – which equates to more than $1.735 million in economic impact every hour.
Ohio State’s research enterprise, medical complex, construction projects, athletics events and status as Ohio’s fourth-largest employer combined in fiscal year 2018 to support more than 123,000 jobs across Ohio. Putting that in context: One in every 57 jobs in the state is directly or indirectly supported or sustained by the university.
Michael Papadakis has been named Ohio State’s senior vice president of business and finance and chief financial officer.
Papadakis served as interim senior vice president and CFO for the past year. He joined the university as vice president and treasurer in 2011.
“Mike has been integral to the university’s financial strength and stability over the past few years,” said President Michael V. Drake. “As CFO, Mike’s primary focus will be on operational excellence and resource stewardship to fuel our academic mission.”
Ohio State used efficiencies, new resources and other initiatives to generate $47.6 million in direct benefits to our students in fiscal 2018, according to the university's progress report on the recommendations of the Ohio Task Force on Affordability and Efficiency in Higher Education.
The task force issued recommendations in 2015 on topics ranging from operational excellence to textbook affordability