The University of Virginia announced today that Augie Maurelli has been appointed vice president for finance and chief financial officer.
Maurelli is an experienced financial leader in higher education and has served as associate vice president for financial operations at the University since December 2019. He previously served as associate vice president for strategy and operations in University Finance at the University of Delaware and held leadership roles in athletics both there and at Georgetown University.
As the leader of the UVAFinance organization and the University’s CFO, Maurelli reports to Executive Vice President and Chief Operating Officer Jennifer (J.J.) Wagner Davis. He will work closely with each member of the University’s executive leadership team and partners across Grounds.
Maurelli is responsible for overseeing the University’s consolidated financial statements, along with developing financial strategy and plans for effective allocation of resources to support UVA’s key strategic initiatives and priorities. He will provide strategic financial oversight of the Academic Division’s operating budget and collaborate with UVA Health finance leaders who oversee its operating budget, each over $2 billion annually. In addition, he will steward the University’s assets, and provide financial counsel to help UVA reach its ambitious goals.
“Augie joined our team during a multi-year strategic transformation of our finance operations. He dove right into learning about UVA and quickly began to collaborate with partners across Grounds,” Davis said. “When we all needed to begin working remotely at the onset of the pandemic, Augie continued to work closely with colleagues throughout the University. He spearheaded a governance committee that oversaw the creation of a new chart of accounts and managed multiple workstreams associated with the transformation. He earned a reputation as a leader who spent time working through the details with partners.”
UVA President Jim Ryan endorsed the selection. “Augie brings years of experience and strategic thinking to this role, and his collaborative leadership style will be an asset to the University,” he said. “I’m grateful to those who participated in the search process, and I’m excited to continue to work with Augie in the years ahead.”
Maurelli holds a Bachelor of Science degree in mechanical engineering from The Johns Hopkins University and an MBA from Georgetown University. He worked for a Fortune 500 company after earning his undergraduate degree and for Goldman Sachs and MCG Capital during and after business school.
A lifelong athlete, Maurelli spent five years in a leadership role with Georgetown University’s Athletics Department. There he created the Hoya Leadership Academy, a life skills and leadership development program, and worked with the GU Business office on budgeting and reporting tools, and cost-savings initiatives. In his 10 years at the University of Delaware, Maurelli was involved in fundraising and capital projects, financial and operational leadership in athletics, and fiscal oversight and strategy at the institutional level.