Effective immediately, EMU has hired John Lumm, of Ann Arbor, as a consultant to serve as the interim chief financial officer (CFO). The chief financial officer title represents a change in current organizational structure as Eastern Michigan University moves to the CFO model.
As CFO, Lumm will be responsible for the areas of budget, financial services and purchasing. The physical plant and facilities will report to the president’s office on a temporary basis. A national search to select a permanent CFO will be conducted in the near future.
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"Because of our position in the budgeting process, it was necessary to have someone start immediately. Lumm comes highly recommended and has a wealth of experience," said Don Loppnow, EMU's executive vice president and provost. "While things have moved quickly, the process has been judicious.
Lumm retired from Ford Motor Co. in 2007 after 28 years of service. From 2003-07, he served as the controller for powertrain operations at Ford. In that position, he was the lead finance executive responsible for operations with a cost base of $15 billion annually. His area included 17 manufacturing facilities and 25,000 employees.
Lumm received his MBA in finance in 1979 from the University of Michigan and a bachelor’s degree in economics from Ohio Wesleyan in 1973.
Janice Stroh, former vice president for business and finance, has resigned, effective March 31, 2008, in order to pursue other professional interests. Stroh had been placed on paid administrative leave March 18, but reasons were not specified.
