Stephen T. Golding, Cornell's Samuel W. Bodman Executive Vice President for Finance and Administration, has unveiled a functional reorganization of the university's Division of Finance and Administration (CUFA). The streamlining, which merges existing functions and establishes new offices, will enable the division to deliver greater expertise, especially in areas critical to fulfilling the university's priorities, including management of institutional risk, data oversight, facilities and finance.

"Our mission is to nurture and deploy the university's resources in support of its missions of teaching, research and service to the people of New York," Golding said. "With this realignment, the division is now better able to keep pace with the rapidly changing needs of the Cornell campus and support the needs of its colleges and departments."

The reorganization will promote greater management transparency and not necessitate job cuts or layoffs. The new structures will ensure that mission-critical services are better aligned to meet the needs of clients throughout the university.

The reorganization highlights include:

An important aspect of the reorganization is to eliminate unnecessary administrative distinctions that exist between individual CUFA operating units, without eroding essential functionality, Golding says. Hence, the new organization will adopt an administrative model more closely aligned with the central offices that provide these essential services, which in turn will improve compliance with university policies and procedures and facilitate future resource allocation decisions.

More complete information on the reorganization can be found at the division's Web site at http://www.cufa.cornell.edu.