Drury University names Chelsey Dollarhide as Executive VP of Administration, Chief Financial Officer
SPRINGFIELD, Mo., Jan. 23, 2019 — Drury University is pleased to announce the appointment of Chelsey Dollarhide, CPA, to the position of Executive Vice President and Chief Financial Officer. She reports directly to President Tim Cloyd and is responsible for providing strategic financial leadership in support of the university’s mission.
Dollarhide joined Drury University’s financial division in 2016 as Controller. In addition to providing support to the administration and staff in that role, Dollarhide immediately began work to automate and streamline the University’s endowment procedures through implementation of the ADAVICO software platform, served as developer of general ledger policies on the Board of Trustees Fund Accounting Task Force, assisted in the revision of the University’s budget development model, and was critical to implementing updates to the University’s purchasing policies and procedures.
Prior to her arrival at Drury, Dollarhide worked in public accounting for The Whitlock Company, specializing in nonprofit and higher education auditing, and serving on the team which conducted the University’s annual audit. She has also worked in manufacturing accounting. Dollarhide is an alumna of Drury University with a bachelor’s of business administration (’11) and master of business administration (’16).
“Chelsey knows Drury well, and I’m pleased that she will be leading our financial efforts during this time of great momentum,” Cloyd says. “She has the experience and familiarity with our culture and our financial processes to help us fully realize our goals and further the mission of the institution.”
“I’m humbled and excited to take on this role for my alma mater,” Dollarhide says. “It’s an exciting time to be at Drury, and it’s inspiring to work with our faculty, staff, and senior leadership team to achieve even greater heights for our students, and for all of the Drury family.”
Drury continues to strengthen its financial position following two years of rising enrollment and fundraising. Traditional undergraduate enrollment increased more than 12 percent from 2016 to 2018, and this year Drury more than doubled its annual fundraising as total gifts and commitments increased by 121 percent.