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Oglethorpe University Names New Chief Financial Officer

Atlanta, GA (08/15/2019) — Following an extensive national search, Oglethorpe University has named Peter D. Stobie as Chief Financial Officer and Vice President for Business & Finance. Stobie brings more than 30 years of finance and operational experience in both higher education and the corporate environment. He will start his new position on September 16.

"Pete is a vital addition to Oglethorpe's leadership team," said Oglethorpe University President Larry Schall. "He has a proven track record of strategically and successfully managing campus finances and operations. Pete's depth of experience will be invaluable as Oglethorpe plans for continued growth and to reinforce our current position of financial strength."

"Oglethorpe University has a rich history and amazing recent successes. I am honored to join Oglethorpe and be a part of this community and part of the team that will lead the university into its next chapter," said Stobie. "The commitment to students and the learning experience is obvious through all my interactions at the university. Everything about the university's mission aligns with my personal values and beliefs. I am also very excited about returning to my original home in Atlanta."

Stobie comes to Oglethorpe from the Kansas City University of Medicine and Biosciences, where he served as the Director of Strategic Initiatives. In that role, he was responsible for opening a new medical school campus in Joplin, Missouri; leading KCU's strategic planning efforts; and overseeing all operations functions, including Human Resources, IT, Facilities, Grounds, Food Service and Security. He also had served as Director of Financial Planning and Analysis, leading key financial and operations projects, including creating a budget and forecast process, real estate acquisitions, bond financing, and the university's contract review, compliance, and risk management.

Previously, Stobie spent more than a decade at Baker University (Kansas), where he served in a variety of roles, including Assistant Dean of Finance and Operations, Executive Director of Business Development, and Associate Professor. He also has experience outside of higher education, working for Sprint Corporation and Janus Capital Corporation. He attended Loyola University (New Orleans), and then transferred to the Henry W. Bloch School of Management at the University of Missouri (Kansas City), where he earned a BBA in Finance and an MBA with a concentration in International Business.

Stobie grew up in Dunwoody, Georgia and attended St. Pius X High School. He and his wife Lisa, a personal fitness trainer, have two children, Drake, a recent graduate from The George Washington University, and Kara, a junior at the University of Kansas.

About Oglethorpe University

Founded in 1835, Oglethorpe University is Atlanta's only co-educational small private college, home to 1350 eclectic and engaged students from 33 states and 31 countries. Renowned for its groundbreaking Core program, Oglethorpe's academically rigorous programs emphasize intellectual curiosity, individual attention, close collaboration among faculty and students, and active learning in relevant field experiences. Oglethorpe joins theory and practice in its A_LAB (Atlanta Laboratory for Learning), an incubator for experiential learning through internships, study abroad, civic engagement, and undergraduate research. Under the leadership of President Lawrence Schall since 2005, Oglethorpe is in an unprecedented era of innovation and growth, evidenced by increased enrollment and philanthropic giving, and new strategic entrepreneurial partnerships. In 2019, Oglethorpe opened the I.W. "Ike" Cousins Center for Science and Innovation and the Q. William Hammack, Jr. School of Business. In 2017, Oglethorpe received a $50 million gift commitment, the largest in its history, from alumnus Bill Hammack '73 to establish the Q. William Hammack, Jr. School of Business. Since 2013, Oglethorpe has seen the addition of an award-winning campus center; a residential complex with six state-of-the-art classrooms; and the expansion of arts and athletics facilities. Oglethorpe's partnership venture with LeadAbroad has expanded its global footprint with the development of five global campuses in Barcelona, Cape Town, Greece, Paris, and Rome. Oglethorpe is home to the Conant Performing Arts Center, Oglethorpe University Museum of Art, study abroad partner LeadAbroad, and the Piedmont School of Atlanta. The Oglethorpe Stormy Petrels compete in the NCAA Division III Southern Athletic Association. Website: oglethorpe.edu

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