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UT
Tyler Home Page
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Interim
Vice Chancellor for Business Affairs Appointed
AUSTIN – Philip R. Aldridge, associate
vice chancellor for finance in the University
of Texas System, has been appointed interim
vice chancellor for business affairs by Chancellor
Mark G. Yudof. The appointment is effective
immediately.
"Philip has successfully demonstrated his
vast knowledge in financial and investment matters
during his tenure at System Administration,"
said Chancellor Mark G. Yudof. "I am confident
in his abilities and am grateful that he has
agreed to serve in this very important role."
Aldridge joined U.T. System in 2001. As associate
vice chancellor for finance, he has been responsible
for administering departmental programs regarding
debt issuance, capital project review, and the
analysis of market trends. Aldridge is also
the administrative liaison to the University
of Texas Investment Management Company which
manages more than $14 billion in operating and
endowment funds.
Before joining the U.T. System, he was vice
president of finance and treasurer at the Columbia
Energy Group, a $7 billion vertically integrated
energy firm based in Herndon, Virginia. He earned
a bachelor of business administration degree
in finance from Texas Christian University and
an MBA in finance and accounting from U.T. Austin.
Aldridge succeeds former Executive Vice Chancellor
for Business Affairs Kerry Kennedy, who announced
his resignation on August 12 to assume the position
of vice president for financial affairs and
treasurer at the University of Alabama in Tuscaloosa.
Yudof announced that the search for a permanent
vice chancellor for business affairs will begin
soon.
The U.T. System has 15 campuses, including nine
academic and six health institutions, an enrollment
exceeding 165,000 students, more than 80,000
employees and an annual operating budget of
$7.8 billion.
Contact
person: Emily
Battle, (903) 565-5604
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