The Utah State University Board of Trustees approved today the appointment of David T. Cowley as the new vice president for Business and Finance beginning Jan. 1.Cowley is currently senior associate vice president under the leadership of Interim Vice President Fred Hunsaker, who steps down Dec. 31.USU President Stan L. Albrecht calls Cowley a proven leader.”Dave arrives in this position already seasoned,” Albrecht said. “He has played a major role in helping us steer through the most tumultuous economic period of our 121 years.”Cowley played a major role in developing university strategies for coping with the economic downturn of the past year and the subsequent $27.5 million budget cut to the university. He also stepped in while Hunsaker, as a state representative, was fulfilling legislative duties.Cowley said he is honored by the appointment. He said it has been a privilege to work under Hunsaker’s direction and that he looks forward to further applying his skills in dealing with the tremendous economic challenges that lie ahead.”I have been very fortunate at USU to work for some great leaders who have been excellent mentors for me,” Cowley said. “I am excited for the opportunity to lead the Business and Finance organization. We have a highly competent executive leadership group that has the ability to make a positive impact on the entire university. That is very rewarding.”Over the next year, his strategic priorities include preparing the university financially to take advantage of new opportunities as the economy improves, continuing efforts to secure funding for important capital facility projects, successfully implementing the proposed merger of CEU with USU, strengthening USU’s investment portfolios and supporting new university initiatives, he said.Cowley, a Logan native, earned a bachelor’s degree in finance in 1988 and a master of business administration in 2002 from USU. He began his career at USU in 1995 as space manager and budget officer. Since then, other capacities include director of facilities business services, executive director of administration, associate vice president for Financial Services and Controller.Before coming to USU, Cowley worked as a financial analyst and financial systems manager with Electronic Data Systems in Plano, Texas, and as a financial analyst and consultant for Pepperidge Farm. He currently resides in Wellsville with his wife, Holly, and their three children.Albrecht also expressed appreciation to Hunsaker for his willingness to come out of retirement in 2007 when Vice President Glenn Ford stepped down. Hunsaker, who originally retired in 2003 following 10 years of cumulative work at USU, agreed to serve as interim vice president until a permanent replacement had been found.
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