Luther College Financial Health and Status

DRC Sponsor: Jim Morrow

Andrew Bailey serves as Vice President for Finance and Administration at Luther College. He will be speaking to the financial health, status, and planning at the college.

In his financial leadership role, Mr. Bailey serves as the Luther College chief financial officer and is responsible for leading and directing its business operations. He is also an adviser to the president on the administrative operations of the college and for the supervision and direction of seven administrative departments and direct reports, including the associate vice president for finance, director of human resources, general manager of dining services, director of the Book Shop, director of facilities services, executive director of ITS, and director of Campus Safety.

A Luther College alumnus, Mr. Bailey started his career in accounting during his student years. He was hired as a staff accountant upon his graduation from Luther, and grew into roles of increasing responsibility in the college's Office of Financial Services. He has been involved with student life, retention, and well-being through many special projects and committees. He has chaired the Invigorate Work Study Committee since 2019, which has resulted in changes to the college's work study program to foster greater student growth and development as students earn money for their studies and contribute to the college's operations. During his first years in accounting at Luther, Mr. Bailey implemented an institutional purchase card program. As Luther's grants and special projects accountant, he developed financial models that enabled the addition of a 280 kW solar array and a 1.6 MW wind turbine at the college, important steps toward achieving Luther's ambitious sustainability goals.

He holds a Bachelor of Arts in accounting from Luther College and is a Certified Public Accountant.

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**Please complete your meal sign-up prior to the meeting, preferably not later than close of business Monday. Our face-to-face meeting will be hosted at the VFW. The meal sign-up, meeting announcment, and any other logistical information will be distributed in advace to all members by email.