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U.Va.’s Mark Hampton Named W.C.’s New V.P. for Finance & Administration
CHESTERTOWN, MD—Washington College has announced the hiring of University of Virginia budget and finance officer Mark C. Hampton as its new Vice President for Finance and Administration.
Hampton is currently Assistant Vice President for Budget & Financial Planning at U.Va., where he oversees the Academic Division’s $1.4 billion operating budget and $800 million capital budgets. He has developed strategies for tuition and financial aid that support the university’s funding needs and long-range goals and has led the various schools and departments in using analysis and metrics to align their spending with institutional priorities.
For six prior years in Charlottesville, Hampton was chief financial officer at the University’s Curry School of Education, where he also has regularly taught courses in higher-education leadership as an Associate Professor in the Department of Leadership, Foundations and Policy.
He held key institutional research and planning positions at Virginia Commonwealth University (2001-2007), after starting his higher-ed career at the University of Utah in a series of jobs in institutional research, planning and budgeting.
Hampton says his 20-plus years teaching, planning, and managing budgets for large universities have been rewarding but that he was drawn to Washington College by its small size, its focus on student learning, and its broader mission of preparing graduates for lifelong learning and engaged citizenship. “As I read the College’s strategic plan, it became clear to me that I wanted to be part of it—that this is a place where I could do my best work and help the leadership team keep moving the College forward on its goals.”
Washington College president Mitchell B. Reiss describes Hampton as bringing a winning mix of big-picture planning and detail-oriented budget analysis. “He understands and values our mission. He knows how to be a responsible steward of limited resources, how to shepherd a capital project from design to completion, and how to set ambitious but reachable goals,” says Reiss. “I think he’ll bring great energy, creativity and commitment to our team.”
Hampton holds three degrees from the University of Utah: a bachelor’s in mathematics, a master’s in statistics and a Ph.D. in educational leadership and policy. He is a competitive runner, triathlete and swimmer who has run in four Boston Marathons and has completed three ultramarathons. He expects to be on the job in Chestertown by July 21, 2014.