The Tech - Online EditionMIT's oldest and largest
newspaper & the first
newspaper published
on the web
Boston Weather: 39.0°F | Fair

Greenblatt Selected As Interim Exec. VP

By Marie Y. Thibault
STAFF REPORTER

Sherwin Greenblatt ’62 has been named MIT’s interim executive vice president for finance and administration, taking over for departing Executive Vice President John R. Curry.

President Susan Hockfield, who appointed Greenblatt last week, said in an e-mail that he “brings a wealth of experience in running a complex operation, and, importantly, one in which innovation is a core value.”

Greenblatt, currently director of MIT’s Venture Mentoring Service, was also president of Bose Corporation for 15 years. He obtained both bachelor’s and master’s degrees at MIT before becoming the first employee hired by Professor Emeritus Amar G. Bose ’51 at his company.

The Venture Mentoring Service is a group of volunteers with experience with start-up companies who help members of the MIT community interested in starting their own businesses.

On the third day of his new job, Greenblatt said it was a bit soon to talk about plans or changes he might implement.

Greenblatt said that when he learned he was being offered the position, he was “totally shocked.” After the news settled in, however, he said that he realized it would be a way for him to make “a really neat contribution to MIT.”

Curry is leaving MIT to work as the head of the Huron Consulting Group’s higher education practice.

Search on for next vice president

Hockfield said that the search for a new vice president, which has just begun, will take several months.

The announcement Monday of the coming retirement of Treasurer Allen S. Bufferd ’59 allowed Hockfield to make a long-planned change in the responsibilities of treasurer: a separate position will be created to manage MIT’s endowment, and the vice president will take on the other duties of treasurer.

These responsibilities will not transfer until a permanent vice president is hired. With new duties, the new vice president will need to make changes, Hockfield said. “The individual selected for the role will need to establish a management structure that allows the organization to support our academic mission at the highest levels,” she said.

She said that the ideal candidate would be “an individual with senior financial and operational leadership experience in a large, complex, organization with a reputation for world-class financial and administrative management,” she said. “Of course, we require that the EVP will value and support the centrality of our academic missions of education and research.”

Hockfield, Provost Rafael L. Reif, an internal advisory group, and the firm Spencer Stuart will conduct the search for the new vice president.

The internal advisory group consists of Chief Facilities Officer William J. Anderson, Jr.; Jerrold M. Grochow ’68, vice president for Information Services and Technology; Professor of Management Rebecca M. Henderson ’81; and Robert J. Silbey, dean of the School of Science.

Henderson will offer “tremendous expertise in many dimensions of the EVP’s work,” Hockfield said. Both Anderson and Grochow report to the EVP, she said, while Silbey will provide a strong connection to the academic needs of the institution.