Benjamin Lowenthal has been named Chief Financial Officer (CFO) of Touro University, following an announcement from Dr. Alan Kadish, the university’s president. Lowenthal brings a wealth of experience, with 35 years in higher education finance. His most recent position was Senior Vice President for Administration & Finance at Towson University in Baltimore, Maryland.
At Towson, Lowenthal handled a $650 million operating budget and a $700 million capital construction plan. He focused on improving financial processes by introducing new systems and streamlining operations.
Lowenthal expressed his excitement about the new role, saying, “Joining Touro University feels like a perfect fit with my values. I look forward to helping elevate this impressive institution.” Dr. Kadish shared his enthusiasm too, highlighting Lowenthal’s skills and potential to drive growth.
Lowenthal is a Certified Public Accountant and holds an MBA in Finance from the University of Baltimore. His educational journey also included studies at Ner Israel Rabbinical College.
As he steps into this role in November, Lowenthal will work alongside Mel Ness during a two-month transition. Together, they aim to build on Touro’s solid financial foundation.
In recent years, higher education institutions have faced challenges like declining enrollment and financial pressures, making leaders like Lowenthal crucial for steering growth. A report from the National Center for Education Statistics shows that, despite these challenges, strategic financial management can lead to sustainable growth in the sector.
With Lowenthal’s expertise, Touro University is positioned to navigate these complexities and continue its mission in the education landscape.
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