Finance and Business reorganization transitions leadership responsibilities

UNIVERSITY PARK, Pa. — In support of Penn State’s efforts to optimize its organizational operating structure, the University’s Finance and Business unit has undergone a reorganization that will elevate three Finance and Business staff members to increased leadership positions that take advantage of the forthcoming efficiencies to be created by the optimized service teams (OST) initiative.

“While we are very early in the OST evaluation process, we are able to foresee where progress will be made and efficiencies will be created in our organization. I’m so pleased that we have the talent already on our team to take on new and greater responsibilities, allowing us to streamline our organizational structure,” said Sara Thorndike, senior vice president for Finance and Business. “At the same time, I’m very grateful to the individuals who previously served in these roles as their hard work has made this outcome possible.”

With three vacant associate vice president positions in her unit, Thorndike is transitioning responsibilities among the Finance and Business leadership team and moving oversight for some areas to other positions. The reorganization results in the net elimination of three senior-level administration positions.

As part of the restructuring, David Snyder, who currently serves as assistant vice president for Auxiliary and Business Services (ABS), has been elevated to associate vice president for Auxiliary and Business Services. The position vacated…