VP for Financial Affairs announces his retirement

By The Beacon | March 2, 2011 9:00pm

UP will begin the hiring process in this spring

(Bryan Brenize -- The Beacon)

By Jocelyne LaFortune, Staff Writer -- lafortun12@up.edu

Denis Ransmeier, vice president for Financial Affairs, has announced his plans to retire, effective July 1st.

"Denis will certainly be missed," University President Fr. William Beauchamp, C.S.C., said. "He brought a lot of expertise and served the University very well."

Ransmeier has worked as vice president for Financial Affairs since coming to the University in February of 2008.

In addition to spending more time with his children and grandchildren, Ransmeier is looking forward to having a simpler schedule during his retirement.

"My wife still lives in Seattle," Ransmeier said. "I've been commuting back and forth on the weekends, and this will make life much easier."

The University will begin looking for Ransmeier's replacement this spring, according to Beauchamp.

"There will be a nationwide search, but I wouldn't preclude hiring someone from within the University," Beauchamp said. "If the best person for the job is here, we'll hire them."

The University will chiefly be looking for someone with a background in finance, according to Beauchamp.

With the addition of Fr. Mark Poorman, C.S.C., to the executive staff, the University will have the ability to reorganize the officer structure, according to Beauchamp.

"Depending on who we hire, we could make some organizational changes," Beauchamp said. "Though I can't say for certain if that will happen."

Despite Ransmeier's involvement in the development of the River Campus, his retirement will have little affect on the progress of the project.

"My retirement really won't make much difference." Ransmeier said. "Jim Kuffner has been heavily involved with the River Campus. He currently reports back to me, and he will continue to report to my replacement."