Rollins College Appoints New Vice President

June 03, 2008

Jeffrey Eisenbarth Named Treasurer and Vice President for Business & Finance

Jeff EisenbarthRollins College has named Jeffrey Eisenbarth as its new treasurer and vice president for business and finance. Eisenbarth will begin his appointment on August 1, replacing George Herbst, who retires from the office this summer after 12 years at Rollins College

"We are very pleased that Jeff will soon be a member of the Rollins community," said President Lewis M. Duncan. "He embraces the College's values and mission, and has a genuine appreciation for the liberal arts."

Eisenbarth has nearly 30 years of experience in financial and business services in the higher education industry. He currently serves as vice president of financial affairs and treasurer for Willamette University in Salem, Oregon. Highlights of Eisenbarth's six-year tenure there include:

  • Completing $65 million in capital improvements within a five-year period, including the University's first residential commons, a new academic building, synthetic turf and lighting for the football and soccer stadiums, technology infrastructure and improvements, major renovations of academic and administrative buildings, and strategic property acquisitions,

  • Changing institutional budgeting from a tightly controlled and centrally managed process to a more inclusive and transparent process, which is now open to the entire campus community,

  • Implementing asset diversification and key manager selections to realize a $93-million increase in all funds under management and grow the University endowment from $192 million to $285 million in the past five years, and

  • Establishing a plan to effectively manage reduction of the endowment spending rate from 7 percent of the market value of the endowment to 5 percent over a period of five years.

"I am very happy about the opportunity to join President Duncan and the rest of his administrative team at this important time in Rollins' long and illustrious history," said Eisenbarth. "While Rollins is an outstanding institution offering a variety of great programs and excellent facilities in a beautiful environment, I am most excited about becoming a part of such a friendly and engaged community."

Born and raised in Weiser, Idaho, Eisenbarth received both a bachelor's degree in business management and a master's in business administration from the University of Idaho. He started his career at his alma mater, followed by positions at Washington State University in Pullman, Wash., and Berea College, Berea, Ky. He moved to the vice presidency at Willamette University in 2002.

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