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Updated 12:00 PM February 2, 2004



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Slottow names Norgren associate VP for finance

Executive Vice President and Chief Financial Officer Tim Slottow has announced the appointment of Margaret "Peggy" Norgren to the position of associate vice president for finance. Pending approval by the Board of Regents, Norgren will begin her duties March 1.

"This was an extremely competitive national search, and it is gratifying to be able to appoint from within the University—there is no doubt in my mind that Peggy is one of the best in the country," Slottow says. "She has worked in very complex central and business unit organizations, making seamless transitions from private sector business to consulting to higher education."

(Photo by Martin Vloet, U-M Photo Services)

The associate vice president for finance leads and manages a complex organization responsible for the central aspects of the University's financial management, control and reporting functions, including financial operations, financial analysis, treasury and financial information systems. She also will provide leadership to the procurement and auxiliary services functions.

Norgren has held several positions at the University since 1995, when she became assistant director responsible for finance and administration at the Institute for Social Research. In 2000 she joined the leadership group of LSA, where she served as assistant dean for operations. In that role, Norgren was responsible for the budget, finance, staff human resources, facilities and computing for the college.

She has served on a number of University groups and committees, including the Budget Administrator Group, the Research Associate Deans Group, the Classification System Steering Committee, and several M-Pathways Financial and other financial and administrative systems advisory groups.

"I appreciate the professional opportunity to work on the broad financial management issues of the University," Norgren says. "I also look forward to applying my academic unit experience at the College of LSA and ISR to the financial support needs of the University. "In addition to my experiences at U-M, I will utilize my consulting and financial experience, as I begin in this role, to listen and understand the various needs of the University."

Before coming to the University, Norgren had 17 years of experience in finance, accounting and project management in both international and domestic environments. She worked as a senior manager and consultant for Price Waterhouse Management LLP, and has worked at the Anschutz Corp. and Standard Oil Co. of Indiana. She holds an MBA in finance from the University of Colorado at Denver and an accounting degree from St. Mary's College in Notre Dame, Ind.

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