Word: rotner
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Harvard's renowned success in fundraising, building a $2 billion endowment, and managing the University's 60 budgets depends on an innovative staff in the office of the financial vice president Last week, one of Harvard's brightest and fastest-rising financial stars, Robert A. Rotner, moved into a key job when he took over from Ann S. Ramsay as head of the University's budget office...
...Rotner will actually have broader responsibilities than Ramsay, who served as Director of Budgets for six years. His division of the financial office will coordinate the budgeting and longer range fiscal planning among all of the University's faculties museums, libraries, and sundry other facilities...
Since 1977 Rotner has worked as publisher of Harvard Magazine and handled numerous "troubleshooting" finanical chores for Vice President Thomas O'Brien, all the while earning accolades for his intelligence and managerial skills. "He's one of the best administrators at Harvard," says Ramsay, whom Rotner has worked closely with since coming to Harvard, and who is now leaving for a job in private business...
Fogg officials last month chose the admissions option over others, including raising money and expanding the museum bookstore. Rotner said that the Fogg may still begin a new fundraising drive to supplement the admissions charge, but ruled out a bookstore as a major source of additional income...
Although admissions fees from the Fogg's more than 100,000 yearly visitors should raise a "substantial amount" of money, according to Rotner, it will still only account for a small fraction of the total museum budget, which was over $3 million in the fiscal year...