Vice President of Finance and Administration Carl Ries to Move to Mount Holyoke
Hampshire College announced today that Vice President for Finance and Administration Carl Ries has been named the next vice president of finance and administration, treasurer at Mount Holyoke College, effective July 1, 2023.
“Carl has been an essential partner in ensuring Hampshire’s return to financial sustainability,” says Hampshire President Ed Wingenbach. “His capacity to manage our finances with extraordinary discipline, invest in critical operations and infrastructure, and creatively identify resources has been crucial to Hampshire’s ability to not only survive, but also thrive. I’ll miss his sound counsel and clear perspective. Although we regret his departure, I celebrate Carl’s accomplishments and know Mount Holyoke will be gaining a strong leader.”
During his time at Hampshire, Ries successfully led the College through pandemic-related challenges, such as securing significant federal aid through the Employee Retention Tax Credit; stabilized staffing across multiple departments; implemented significant improvements to wages and benefits, particularly our health insurance; deftly carried forward our financial sustainability plan; and improved student meal plans and food access.
“Two years ago, when I came to Hampshire from the LA Opera,: says Ries, “I was eager to immerse myself in the unique challenges and opportunities facing the College at this particular point in time. With the school’s renewed sense of purpose and solidarity, I worked with an incredible community of staff, faculty, and students to forge a stronger future. Along the way, I’ve been struck by their dedication, resilience, and desire to continue Hampshire’s evolution. We’ve been supported by incredible partners in Hampshire’s Board of Trustees, and I’ll miss working with them as they go on with their incredible work to ensure the College’s success. It’s been an honor to have worked alongside so many talented people devoted to higher education.”
A search for a new vice president for finance and administration will be implemented as soon as possible; an interim VPFA will be named soon.