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Updated: Tuesday, 04 Dec 2012, 6:34 AM EST
Published : Tuesday, 04 Dec 2012, 6:34 AM EST
BLOOMINGTON, Ind. (AP) - Indiana University President Michael McRobbie has recommended that university Treasurer MaryFrances McCourt be appointed interim vice president and chief financial officer.
The university's board of trustees will vote Friday on whether to approve the appointment. If approved, she would replace Neil Theobald, who is leaving IU at the end of the year to become president of Temple University.
The CFO is the university's top fiscal officer overseeing budgetary and financial issues across seven Indiana University campuses. McCourt also will continue to serve as treasurer, managing the university's investment portfolio of more than $1.7 billion and a $900 million debt portfolio.
McRobbie plans to conduct a search for a new vice president and CFO in the spring.
If approved, McCourt would take over as vice president on Jan. 1.
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