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IU's CFO poised to take top job at Temple University

Associated Press
August 3, 2012
Keywords
Colleges and Universities, Education & Workforce Development, Indiana University
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 The next president of Temple University could be a senior college administrator from Indiana who is an expert in education finance, officials announced Friday.

Indiana University senior vice president Neil Theobald is the sole finalist to lead the Philadelphia institution, Temple trustees said. Theobald will visit the school next week before trustees vote on his appointment on Tuesday.

"At Indiana, he made the tough decisions demanded by our times, while creating greater opportunities for student scholarship," Temple trustees Chairman Patrick O'Connor said in a statement. "I can't think of a better set of values to bring to the Temple presidency."

Theobald also serves as chief financial officer at Indiana, overseeing a budget of about $3.1 billion. In addition, he is an education finance professor at the main campus in Bloomington.

He would replace former Temple president Ann Weaver Hart, who recently left to take the helm at the University of Arizona.

Theobald could not be reached for comment Friday. He said in a statement that he is "thrilled" to be considered for the position.

"Temple's stature, and its potential for continuing to provide affordable excellence to students and their families, makes this an ideal opportunity," Theobald said.

A spokesman for Indiana University declined to comment.

Theobald has worked in various capacities at Indiana since 1993. Prior to that, he taught education finance at the University of Washington and worked as a high school math teacher.

Originally from Peoria, Ill., Theobald earned a bachelor's degree from Trinity College and a doctoral degree from the University of Washington. He is married with three children.

Theobald is scheduled to meet with Temple students, staff and faculty on Monday and Tuesday. If selected as president, Temple officials said he would start on Jan. 1.

Temple is one of four state-related institutions in Pennsylvania, meaning it gets some public funding but is not under direct state control. It serves about 39,000 undergraduate and graduate students on nine campuses.

Indiana is public research university with about 110,000 students on eight campuses.

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  1. First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.

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