NJIT Names Sr. VP and CFO

NJIT Community Members,

I am pleased to announce that Catherine Z. Brennan will be NJIT’s next Senior Vice President (SVP)/Chief Financial Officer (CFO), beginning on September 20, 2021.

As SVP and CFO, Cathy will maintain responsibility for the university’s financial management and accountability, and will lead the Offices of General Accounting, University Budgeting, Payroll, Procurement Services, Accounts Payable, Financial Systems and Innovation, Risk Management, Treasury, and Bursar.

Currently Cathy serves as the Deputy Treasurer for the State of New Jersey, where she leads the Office of Management and Budget and the Office of Revenue and Economic Analysis, the teams of professionals responsible for developing the State’s $44.8 billion budget, including all appropriations and revenue initiatives. Cathy also serves as a board member (State Treasurer’s designee) for the New Jersey Economic Development Authority, the New Jersey Capital Budget and Planning Commission, and the State House Commission, among other responsibilities.

We were extremely pleased to attract a candidate of Cathy’s talent and experience to NJIT. She brings a unique understanding of state finance and public-sector funding (both state and federal), and has earned the respect of legislators and government leaders from both sides of the aisle throughout her career.

After meeting with Cathy, Chair of NJIT’s Board of Trustees Robert C. Cohen said, “Attracting a candidate of the caliber of Cathy Brennan demonstrates the strength of NJIT and the positive trajectory of the university. I look forward to the leadership and vision Cathy will provide for NJIT’s financial operations in the years to come.”

Fellow Trustee and member of the SVP/CFO search committee Jim Stamatis noted that, “We developed an impressive pool of candidates for this position, but Catherine Brennan clearly stood out. Her stature, experience, and the respect she has earned across state government are significant. Catherine will add new insights and energy to our leadership team and further enhance NJIT’s national prominence. We are thrilled to have her join the university’s executive leadership team.”

Please join me in welcoming Cathy to NJIT and supporting her critically important work on behalf of our university.

Sincerely,

NJIT President Joel S. Bloom