The Northerner | NKU’s Chief Monetary Officer pursuing new job amid funds deficit

NKU’s Chief Monetary Officer and Vice President for Administration and Finance Jeremy Alltop is in search of a brand new job, in accordance with an article from Central Michigan College.

Alltop, who solely started at NKU 4 months in the past in July 2022, has change into a finalist for the vice chairman of finance place at Central Michigan College (CMU). CMU publicly introduced that Alltop can be visiting the college on Monday, Nov. 14, together with two different candidates within the following two days.

This comes as NKU introduced an surprising $18.7 million deficit to the 2022-2023 funds, which Alltop beforehand informed The Northerner he was unaware of when he started his place in July.

Jeremy Alltop, chief monetary officer and vice chairman for finance and administration, started his place in July 2022. (Northern Kentucky College)

Alltop highlighted in his resume for CMU that he recognized $28+ million in monetary shortfalls at NKU and has labored with Provost Matt Cecil to create a remediation plan.

Alltop was current on the Thursday, Nov. 17 Board of Regents announcement of President Ashish Vaidya’s departure from NKU. 

NKU’s CFO/vice chairman for administration and finance place remained vacant from Dec. 2021 till the hiring of Alltop in July 2022. On the time of his arrival, President Vaidya mentioned in a press launch, “We welcome Mr. Alltop to Norse Nation and look ahead to his contributions as a member of my management staff.” 

Earlier than becoming a member of NKU’s administration staff, Alltop was in Beaumont, Texas at Lamar College, in accordance with NKU’s press launch. Within the vice chairman of finance and operations/chief monetary officer place, Alltop was accountable for Lamar’s $380 million funds, versus NKU’s $285 million annual funds. 

Alltop had held earlier jobs at College of Nevada – Reno Faculty of Drugs, The Ohio State College, College of Kentucky, Indiana College and West Virginia College.

Alltop didn’t reply to requests for remark previous to publication.

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