YELLOW SPRINGS, Ohio – September 9, 2011 – Antioch College President Mark Roosevelt has hired Scott Frasure as the College’s new vice president for finance/chief financial officer. Frasure has more than twenty years of experience in helping organizations achieve strategic, operational and financial growth. His appointment is effective September 26.
Frasure will assume financial duties from Tom Brookey, who will continue as Antioch College’s chief operations officer. Brookey will oversee the crucial work of renovating the campus and will continue to manage key administrative functions such as human resources and information technology.
Reporting to the president, Frasure will have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the College. This will include direct responsibility for accounting, finance, forecasting, strategic planning, job costing, deal analysis and negotiations, investor relationships, partnership compliance, private and institutional financing, risk management, capital planning, and investments.
“Scott’s appointment represents a necessary transition in the administration as we welcome our first class and move into the next critical phase of our re-emergence,” Roosevelt said. “I look forward to working with Scott and Tom to devise ways to maximize all of the resources we have to meet the needs of our students and campus community.”
Frasure brings extensive experience in helping organizations implement strategic initiatives to drive revenues and profitability, improve operating efficiencies, optimize organizational structure, manage risk, and implement financial controls and processes. Since 2008, Frasure has been a manager at Clark Schaefer Hackett & Company, a leading regional accounting and consulting firm that also serves as Antioch College’s independent auditor.
Prior to Clark Schaefer Hackett, Frasure was a principal at Frasure Creek Advisors, where he developed Sarbanes-Oxley compliance programs and strategic growth initiatives for entrepreneurial and Fortune 1,000 firms; was an associate at the Oliver Wyman Group, a leading global strategy consulting firm; held key finance and operational roles at Fortune Brands, a Fortune 500 consumer products company; and was an auditor at KPMG.
A certified public accountant, Frasure has an MBA (with honors) from the Northwestern University Kellogg Graduate School of Management and a BS in accounting from Miami University.
About Antioch College
Antioch College is a private, independent nonprofit liberal arts college in Yellow Springs, Ohio. The College curriculum puts equal emphasis on rigorous liberal arts learning, work (cooperative education), and community engagement. Students will complete individualized majors based on one or more of 11 concentrations, a language minor, and six full-time work experiences off campus. The institution, originally founded in 1850, is authorized by the Ohio Board of Regents to grant Bachelor of Arts and Bachelor of Science degrees.
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