Texas A&M System Announces Realignment Of Financial Officers
COLLEGE STATION — Texas A&M University System Chancellor John Sharp today announced the realignment of two top financial positions within the A&M System. Greg Anderson will serve as chief financial officer and treasurer for the A&M System, and B.J. Crain will serve as vice president for finance and chief financial officer for Texas A&M University.
Anderson previously served as chief investment officer and treasurer for the A&M System. Crain worked in a shared services capacity as chief business officer for the A&M System, and vice president for finance and chief financial officer for Texas A&M, where she will now work full time. Both changes are effective immediately.
“The A&M System has a large budget — more than $3 billion — and almost half of that is attributed to Texas A&M,” said Sharp. “President (R. Bowen) Loftin and I agreed that it was the most effective and efficient use of personnel to separate these two vitally important positions. The chief financial officer needs to be focused on his or her portion of the budget in order to make the most fiscally responsible decisions for the respective institution.”
As CFO for the A&M System, Anderson will be responsible for systemwide financial accounting and reporting oversight, and the direction of tax and fiscal activities, financial activities/functions related to the legislative appropriations process, annual operating budget process, management information analysis and reporting activities, and Historically Underutilized Business (HUB) initiatives. As treasurer, he is responsible for the debt management, investment management, cash management, financial planning, risk management and benefits administration for the A&M System. Facilities Planning and Construction will also report to Anderson.
Anderson, an employee of the A&M System since 1985, earned a Bachelor of Science in accounting from Illinois State University in 1981 and his CPA license in 1984. He served in the first class of the Texas Society of CPA’s Legislative Leadership program and is a graduate of Class XVI of the Governor’s Executive Development Program.
About the A&M System
The A&M System is one of the largest systems of higher education in the nation, with a budget of $3.3 billion. Through a statewide network of 11 universities, seven state agencies and a comprehensive health science center, the A&M System educates more than 120,000 students and makes more than 22 million additional educational contacts through service and outreach programs each year. Externally funded research expenditures exceed $772 million and help drive the state’s economy.