FORT WAYNE – IPFW Vice Chancellor of Financial Affairs Walt Branson will resign his duties July 31 to accept a similar position at Missouri University of Science and Technology.
Walt has been with IPFW for 20 years and in that time has established himself as a trusted resource, highly regarded and admired by his colleagues, IPFW Chancellor Vicky Carwein said.
He leaves big shoes to fill as he embarks on his new role.
Branson has been vice chancellor for financial affairs since 1993 and was responsible for budgetary and financial oversight, including serving as the campus public records officer and as chief operating officer of the Indiana-Purdue Foundation at Fort Wayne.
Most recently, Branson helped lead the university through an $8.4 million budget shortfall caused by declining enrollment. The cost-cutting plan instituted this year included layoffs and allowing vacant faculty positions to go unfilled.
Despite cuts, officials have committed to provide high-quality education to all its students. The university is working to change its budget process to gain more input from staff and students, officials have said.
Branson, in a statement, said IPFW is poised for strategic growth and student success and will continue to expand its higher education opportunities and economic development partnerships in northeast Indiana.
The support weve seen from the community and legislature has been amazing. All of this creates a very strong future for the university, Branson said.
IPFW will receive an additional $4 million in state funding for the next two years.
A native of Winchester in Randolph County in east-central Indiana, Branson is a graduate of Purdue University and spent 15 years working in various positions at Purdue before coming to IPFW.
Branson also was interim chancellor last summer after Chancellor Emeritus Mike Wartell was forced to retire and before Carweins appointment.
Over the next few weeks, a transition plan will be developed, according to the university.