New CFO Stoll takes over

As of May 31, the University has a new chief financial officer and vice president of finance Administration. Sherideen Stoll was contacted by the University after being found via a search firm.

Stoll has replaced Chris Dalton, who retired after the spring semester.

Stoll’s new job includes being in charge of the numbers and operations of University developments as well as overseeing any capital projects, such as the Saddlemire demolition.

“I am responsible for budgeting, accounting and payroll,” Stoll explained. Her involvement with the Saddlemire demolition includes the planning and allocation of expenses.

Stoll is also in charge of presenting a budget plan to the state as part of Ohio’s six-year capital plan for education. This allows the state to access what resources the University needs and to budget accordingly.

The plan will be sent this fall and then passed sometime between July and December of 2008.

“Resources are finite,” Stoll said, therefore, her job involves much prioritizing.

“What’s the best thing for our students,” Stoll said she asks herself when “planning, managing, guiding and directing the resources the University has access to.”

Stoll’s background is one that includes extensive math and accounting skills.

“I had to take two semesters of calculus as an undergraduate,” said Stoll.

Stoll started out her education at the University of Wisconsin in Madison, Wis. She later transferred to the University of Akron here in Ohio, where she received her bachelor’s degree in accounting and became as certified public accountant. She then went on to receive her master’s degree in business administration with a concentration in finance from Kent State University.

After receiving her MBA, Stoll got a job at an international public accounting firm, where she did auditing and taxes for large corporations.

“Most of my clients were heavy manufacturers,” Stoll said. Stoll later became the head of internal audit for Kent State and worked her way from there. She was later hired at Northeastern Ohio Universities College of Medicine, the medical school for Kent State, Akron University and Youngstown State, where she worked for the college of pharmacy.

According to Stoll, her 13 years of experience with higher education has her well prepared for her new job here at the University.

“I’m glad to be here,” Stoll noted. “I already knew a couple of things about [the University] before taking the job.”

Stoll had read several current publications about higher education at the University, such as the BGeXperience program.

The BGeXperience is a program designed to help students examine their own and others’ values, understand the role values play in decision-making, and learn to make thoughtful decisions about value judgments they make, according to the BGSU Web site.

The program has received national press according to Stoll. Stoll also said another thing she knew about the University, that made her want to be employed here was the University’s “highly regarded president,” Sidney Ribeau.

Ribeau’s years with the University as president give the school even more prestige according to Stoll.

Lastly, Stoll said she was inspired by the demographics of the University. The large amount of student success [at the University] can be attributed to good, caring and passionate faculty, according to Stoll.

“Highly successful students don’t exist where there is faculty that doesn’t care,” said Stoll.

Stoll also notes she is very excited to see future developments with the state and the possibility Ohio might be turning more attention to higher education.

“The value brought about by higher education is very important. Its dollars invested, not expenditure.”