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National leader in higher education finance selected for new position Following a national search, Michigan State University President Samuel L. Stanley Jr., M.D., named Lisa Frace as the university’s first senior vice president and chief financial officer. In this role, Frace will be responsible for managing the university’s ongoing financial progress, developing a comprehensive long-range financial plan and ensuring institutional resources are used effectively. Stanley announced the position and search last September. “MSU’s financial stability is more important now than ever. Certainly, the pandemic has created unprecedented challenges, but it is also our responsibility as leaders to continually evaluate if our resource allocation matches our values and priorities,” said Stanley. “Lisa has spent her career re-imaging and modernizing budget and fiscal processes for higher education institutions. I am pleased to welcome her to MSU.”

Michigan state universityUnited statesSamuell stanley jrMike zeigLisa fraceBoard of trusteesArizona state universityPennsylvania state universityUniversity business officersUniversity of california davisUniversity of virginiaDarden graduate school of managementNational association of collegeMichigan state university president samuelArizona stateMelissa woo