Here is a professional summary for Don Aungst:
Professional Overview
Don Aungst is a seasoned financial and operational executive with extensive experience in higher education leadership. He currently serves as the Vice President, Chief Financial Officer, and Chief Operating Officer at Averett University, where he oversees the institution's financial and administrative operations. Aungst is also an active consultant, providing strategic advisory services to organizations in the higher education sector through his work with NACUBO and Higher Ed Consolidation Solutions.
Experience Summary
Current Role
As VP, CFO, and COO at Averett University, Aungst is responsible for managing the institution's $50 million annual budget, overseeing all financial reporting and analysis, and leading campus-wide initiatives to improve operational efficiency. Under his leadership, Averett has achieved significant improvements in its financial position and implemented data-driven decision-making processes to enhance resource allocation and strategic planning.
Career Progression
Aungst's extensive career in higher education finance and administration spans over four decades. Prior to his current role, he served as the VP and Chief Financial and Planning Officer at Mercy College, where he led the institution's financial restructuring and drove the implementation of innovative resource management strategies. Earlier in his career, Aungst held senior leadership positions at Upper Iowa University and Capital University, where he was instrumental in enhancing financial operations, streamlining administrative processes, and supporting institutional growth and development.
Academic Background
Aungst holds a Bachelor's degree in Accounting from Susquehanna University and a Master's degree in Business Administration from the University of Scranton. He is a Certified Public Accountant (CPA) and has completed additional executive education programs at Harvard University and the University of Pennsylvania's Wharton School.
Areas of Expertise
Aungst's areas of expertise include financial management, strategic planning, operational optimization, data analytics, and higher education administration. He is widely recognized for his ability to lead complex organizational transformations, develop innovative funding models, and foster collaborative partnerships to drive institutional success.
Professional Impact
Throughout his career, Aungst has been a respected voice in the higher education community. He has served on numerous industry boards and advisory committees, including the National Association of College and University Business Officers (NACUBO), where he continues to provide strategic consulting services. Aungst's thought leadership and contributions have been instrumental in shaping best practices and driving change within the higher education sector.
Conclusion
With his extensive experience, proven track record of success, and deep commitment to the higher education community, Don Aungst is a valuable asset to any institution seeking to enhance its financial and operational performance. As he embarks on his retirement, Aungst remains actively engaged as a consultant, leveraging his expertise to support the evolving needs of colleges and universities across the country.
