Announcement Regarding the Office of the University Controller

May 5, 2016 

Dear Colleagues,

After 36 years of service, our University Controller, Steve DiPaolo, has announced his plan to retire effective October 2016. Steve has played a key role in the growth of Rutgers University and has provided important leadership through the years.

Steve joined Rutgers in 1980 as a Senior Budget Analyst in the Office of Budget Management. In 1986, Steve was promoted to Associate Controller and began working in the Accounting department, focusing on projects related to restricted and plant funds.

Following his appointment to University Controller in 2001, Steve was the finance sponsor for the implementation of the first enterprise resource planning initiative, transitioning to the current general ledger and the Rutgers Integrated Administrative System (RIAS). Under Steve’s leadership, the University transformed the way it captures financial data to create financial statements that reflected consolidated operations.

Steve was instrumental in the 2013 integration of the financial activities of nine academic and clinical units from the University of Medicine and Dentistry of New Jersey into Rutgers. Most recently, he has provided invaluable strategic counsel and guided the planning and deployment of our new financial management system that will roll out in October 2016.

As you know, this is a critical time for the University with the implementation of our unified administrative systems scheduled for October 1, 2016. To ensure a seamless transition of day-to-day operations and the project-based work that is vital to our success, Steve will have a phased transition, taking a more focused role in the implementation of the systems. Beginning on May 16, LaDene Diamond will begin her role as Interim Controller. LaDene previously served as Assistant Vice Chancellor and Controller of the University of California at San Francisco and Interim Controller of the University of North Texas. As Interim Controller, LaDene will be responsible for managing the Controller’s office functions. Steve will continue to work closely with the financial management and Human Resources/Payroll project teams through the October 1, 2016 implementation of the new systems.

Effective May 16, the Office of the Controller will report to Richard Aks, Vice President of Finance and Associate Treasurer. This will bring together management of the University’s endowments, investments, cash, financial transactions, and external reporting under one umbrella. Richard will lead a national search for a new Controller.

Please join me in congratulating Steve on his years of success at Rutgers and in wishing him well as he transitions to the next phase of his life.

Regards,

J. Michael Gower
Executive Vice President for Finance and Administration
University Treasurer