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Business Officer Magazine
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Orienting New CBOs

The New Business Officers Program (NBO) was an intense two days of professional development for 50 new chief business officers who came to learn from NACUBO board members, other seasoned higher education professionals, and one another. Held on July 26–27, it immediately preceded the annual meeting.

Just over half of the participants had risen to their role from within the higher education sector. The next largest percentage came into higher education from another business or industry. This reversed a trend for immediate past years, when increasingly, the participants enrolling in NBO had come from executive positions outside of higher education.

One fourth of the participants elected to attend a new component of NBO, designed to orient chief business officers to the unique climate and culture that is higher education. Some of the most enlightening discussions were perhaps those based on the nature of shared governance, the importance and advantage of transparency, and where to turn for assistance when the going gets rough. These were led by NACUBO board member-panelists Lynn Coleman, vice president of administration and finance, Howard Community College, Columbia, Maryland; Antoine Garibaldi, president, University of Detroit Mercy; and Cindy Teniente-Matson, vice president for administration and CFO, California State University, Fresno.

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