Press Release for Friday, July 25, 2003

Shuman Appointed VP for Administration and Finance

University of North Florida President John Delaney on Friday announced the appointment of veteran Jacksonville city administrator Shari Shuman to become the vice president of Administration and Finance at the University.

Shuman, who had been city treasurer and deputy director of Administration and Finance since 1998, will start in her UNF position Aug. 18.

Delaney said Shuman’s extensive experience in finance will be an asset to the University, especially during the challenges involving state funding.

“Her background in auditing, contract management, technology, negotiations and government financing, including handling the bonds for the multibillion-dollar Better Jacksonville Plan, will be invaluable,” Delaney said.

Shuman said she was looking forward to working for UNF and Delaney.

“This is a wonderful opportunity to build on my experiences with the city and work with President Delaney as the University of North Florida continues to grow and prosper,” she said. “It is especially appealing to return to the campus where I received an outstanding education.”

Shuman, 41, received her bachelor’s degree from the University of Florida in 1983 and her master’s degree in public administration from UNF in 1991. She worked in the Department of Finance in Alachua County from 1983 to 1988, being promoted through three positions in that time. She was principal internal auditor for the city of Jacksonville from 1988 to 1995, handling a variety of negotiations for the city, including the concession contract with the Jaguars. In 1995 she was named comptroller for the city. In 1998 she also was named chief of staff with the Jacksonville Economic Development Commission.

As city treasurer and deputy director of Administration and Finance with the city, Shuman handled debt management and investment responsibilities including the $1.3 billion pension plan. She arranged financing for the $2.25 billion Better Jacksonville Plan, the $30 million Mayor’s Preservation program; $40 million for Alltel Stadium improvements; and $70 million for the Shands Jacksonville debt restructuring.

Shuman will replace Richard Crosby, who has been interim vice president of Administration and Finance since February 2002, when previous vice president Robert Fagin resigned. Crosby will return to his associate vice president position.

“I want to thank Richard Crosby for his interim service. In a time of great change he has provided leadership and stability to his division,” Delaney said.

UNF’s division of Administration and Finance has a budget of $26.3 million and includes 365 employees