Cleveland, OH

Cleveland State University names new Senior Vice President of Business Affairs and CFO

Paul Krasinic
Ruthson Zimmerman/Unsplash

CLEVELAND, OH — Following an exhaustive national search, Cleveland State University has chosen David N. Jewell, a higher education finance leader with substantial experience at large research universities, as Senior Vice President of Business Affairs and Chief Financial Officer.

Jewell is currently the Deputy Vice President for Finance at the University of Wyoming (UW), the state's flagship university, where he oversees and manages the Financial Affairs Division's financial and administrative operations, including budgeting and planning, large-scale capital projects, treasury functions, endowment and gift fund spending, university staffing, as well as talent development.

Jewell will start his new role at Cleveland State University on September 1.

“David Jewell brings an impressive track record of higher education financing and budgeting expertise, financial operations management, process improvement, team-building and innovative resource allocation modeling,” said CSU President Harlan Sands. “His firm grasp of university financial and operational complexities, record of designing and implementing transformational projects and proven success aligning resources with strategy make him a perfect fit for CSU.”

Jewell, according to Sands, will be critical in implementing CSU 2.0, the university's bold, growth-oriented plan for emerging from the pandemic as a stronger, more focused institution. By 2025, the plan calls for an increase of 4,500 students and two hundred academic personnel. It details multimillion-dollar research investments, faculty posts and student achievement initiatives.

The plan calls for multimillion-dollar investments in research, teaching positions, and efforts to help students succeed, expand existing programs and form new alliances.

“As an Ohio native, I am thrilled at the opportunity to return to the Buckeye State and join the CSU team and Cleveland community at such an exciting and pivotal time,” Jewell said. “Guided by CSU 2.0, Cleveland State is embarking on a number of impressive strategic endeavors that many universities only talk about doing. I’m especially excited about CSU’s efforts to enhance student success, invest in its faculty, and help drive economic development for Cleveland and Northeast Ohio through workforce development initiatives.”

He and his team transformed the treasury functions at the University of Wyoming, increasing liquidity and the number of days cash on hand, implementing a new cash investment policy that increased returns, and restructuring the university's existing debt to take advantage of historically low-interest rates and realize significant debt-service savings.

He served as Associate Vice President for Financial Affairs from 2018 to 2020, and Associate Vice President for Budget & Institutional Planning for the previous two years, before being promoted to his current position at UW. The institution optimized financial operations under his leadership by integrating cloud-based finance management, human capital management, grants management, and more.

Jewell worked as a private higher education consultant for more than a dozen national and international universities on resource allocation, planning and administration, and performance improvement initiatives before joining UW. Brown University, the University of Alabama at Birmingham, University of Florida, Drexel University, George Mason University and Queen's University were among his clientele.

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