LOCKE NAMED NEW VICE PRESIDENT FOR BUSINESS AND FINANCE
Dr. Ivy Locke, a 15-year higher education professional most recently serving as vice president for fiscal affairs at Stillman College, has been named the new vice president for business and finance at Southeast Missouri State University.
Her appointment was approved today by the Southeast Board of Regents.
Locke, who has begun her new duties at Southeast, will replace William Duffy, currently vice president for finance, who has announced plans to leave the University in March to begin a new career as a personal financial consultant. Until March 31, Duffy will continue to serve as treasurer of the Board of Regents and the Southeast Missouri University Foundation and will serve the University working on several special projects. In addition to her vice presidential duties, beginning April 1, Locke will assume the responsibilities as treasurer of the Board of Regents. She also will serve as treasurer of the Southeast Missouri University Foundation with assets exceeding $39 million.
"All of us who have had the opportunity to meet and get to know Ivy have been extremely impressed with her credentials and the wealth of experience she brings to this position," said Dr. Kenneth W. Dobbins, president of Southeast Missouri State University. "In filling positions at Southeast, we look at recruiting the best of the best. We are extremely fortunate to have found Ivy and look forward to working with her."
Locke says she became interested in the position at Southeast after hearing Dobbins speak at a National Association of College and University Business Officers (NACUBO) New Business Officer Training Program in Chicago.
"I was particularly inspired by his leadership style," she said, adding that Dobbins' desire for a strong link between the president and the institution's chief financial officer is very appealing.
Locke has a diverse background in accounting, auditing, banking, budgeting, cash management, finance, investments, marketing, motivation, real estate and training.
Mona Hughey, chair of the Vice President for Business and Finance Search Committee, said, "The committee felt that Dr. Locke's credentials, along with her varied experience, made her an excellent candidate for the position. During her interview on campus, we were impressed with her work philosophy, experience, self-confidence and enthusiasm. We believe her to be a very good match for our institution."
The vice president for business and finance at Southeast is the University's chief financial officer, who reports to the president and serves as a member of the executive staff. The vice president has executive oversight for a broad range of financial, business and support operations, including financial planning and budgeting, controller functions, auditing, cash and investment management, student financial services, business operations, human resources, computing, telecommunications and the Show Me Center, the multipurpose arena of the University and the city. In coordination with the president, the vice president provides oversight for Southeast's intercollegiate athletics program. The vice president also chairs the Budget Review Committee that makes recommendations for the use of incremental funds for the institution's $100 million budget.
At Stillman, Locke has been the college's chief financial officer, administering a $32 million budget and serving as the point person to the president for all financial matters including bond issues, plant development, human resources and contract negotiations. In her position, she also served as support staff for the foundation as well as the investment committee and the finance and audit committee of the Board of Trustees.
Prior to her tenure at Stillman, Locke served for eight years as an assistant professor of finance at The Florida State University (FSU) in Tallahassee, Fla. Before her doctoral studies, Locke was the budget and contracts officer for Spelman College in Atlanta, Ga., where she managed a $14 million budget. She has also been a commercial loan officer with First National Bank of Atlanta and a staff accountant managing audits with Deloitte, Haskins and Sells in Atlanta.
Locke also has extensive international experience, having served as a visiting lecturer at the University of the West Indies in Kingston, Jamaica, in the Institute of Business, and as a group leader in the Florida State University Beyond Borders Program at the University of Costa Rica in Turrialba, Costa Rica. She also has been a delegate as part of a research team hosted by the vice president of the National Assembly at Yaounde, Cameroon.
Locke holds a doctoral degree in finance and real estate from the University of Florida, a master's degree in business administration with an emphasis in finance and marketing from Washington University in St. Louis and a bachelor's degree in business administration with a major in accounting from Emory University in Atlanta.
Locke is a Certified Public Accountant (CPA), holds a real estate license in the State of Georgia, has master's directive status with FSU and is a member of the Treasury Management Association, the National Association of College and University Business Officers, the Financial Management Association and the American Real Estate Society.
Locke has received numerous fellowships and grants and has been involved in many institutional and scholarly service endeavors. She was the founding advisor to the FSU Minority Business Society, has participated in the FSU Leadership Mentoring Program for Women, was a member of the Minority Affairs Committee in the College of Business at FSU and has served as a reviewer for McGraw Hill Text Book Publishers. She has participated in and delivered numerous papers at professional meetings.
In addition, Locke is a certified trainer for Literacy Volunteers of America and is frequently called on to deliver motivational presentations.
Locke has received numerous honors, having been nominated for the FSU Martin Luther King Jr. Distinguished Service Award and the University Award for Excellence in Teaching. She was selected as the FSU Student Organization Advisor of the Year and inducted into the McKnight Achievers Society. Locke is the daughter of Thomas and Armentha Locke, who reside in Atlanta.
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FOUNDATION BOARD ELECTS FIVE NEW MEMBERS
The Board of Directors of the Southeast Missouri State University Foundation recently elected five new members to serve three-year terms on the Board.
They are Bill Davidson of Chesterfield, Mo.; Richard Davidson of West Plains, Mo.; Earl Holland of Naples, Fla.; Dennis Marchi of Cape Girardeau; and Paul Vance of Fredericktown, Mo.
Bill Davidson has been very active with the University, particularly the development of the River Campus project. He has his own financial consulting firm based in Chesterfield, Mo.
Richard Davidson, president of Davidson Insurance, which has five offices in Southeast Missouri, is a 1973 Southeast graduate. He and his wife Nancy, who also is a 1973 graduate, were honored recently as new sustaining members of the President's Council.
Holland graduated from the University in 1968. He is vice-chairman and Chief Operating Officer of Health Management Associates, Inc., in Naples, Fla. He received the Alumni Association's Alumni Merit Award earlier this year.
Marchi, an active community leader, is the manager of Cape Girardeau's Schnucks Food and Drug.
Vance, a 1942 Southeast graduate, built successful manufacturing businesses in Fredericktown. He also is very active in the University and is an Alumni Merit Award winner.
Six members also were elected to second term appointments. They are Rebecca Cook formerly of Cape Girardeau; Paul Copeland of Union, Mo.; James Gleason of Sikeston, Mo.; Gerald Jones of Jackson, Mo.; and Skip Smallwood and Melvin Van de Ven, both of Cape Girardeau.
In addition, three emeritus members were elected. They include Bill Burch of Sikeston, Mo.; Marvin Rosengarten of St. Louis, Mo.; and Gary Rust of Cape Girardeau, Mo.
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