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Stone will step down as EVP and treasurer

Theresa M. Stone SM ’76, MIT’s executive vice president (EVP) and treasurer, announced on May 17 that she would step down from her position in the fall, which she has held since February 2007.

The EVP administers MIT’s financial, capital, and operational resources. In an email to the MIT community, Susan J. Hockfield said that Stone “guided MIT’s finances and operations with solid judgment and a steady hand during the most challenging economic climate in our lifetimes.”

Stone told The Tech that she has enjoyed her time as EVP, but wanted “more flexibility” in her life. She will return to her committed volunteer status at MIT.

A replacement for Stone has not been announced yet, but Hockfield invited the MIT community to provide suggestions for candidates.

—Joanna Kao 
and Ethan A. Solomon