Organizational Changes in Business Affairs

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Milton Castillo has announced his resignation as Senior Vice President for Business Affairs and Chief Financial Officer, and will transition into a role as Financial Advisor to the University as we conduct a national search for his replacement. Milton has applied his considerable financial experience as we navigated a particularly challenging budgetary environment. His accomplishments include the refinancing of approximately $270 million in bonds with total savings of $24 million, completing the Arizona Cancer Center–Phoenix affiliation agreement and successfully maintaining the University’s credit rating during a difficult time in the state’s financial history. Please join me in thanking him for his service to the UA.

During this transitional period we will select an Interim Vice President of Business Affairs and Chief Financial Officer and begin a national search for a permanent CFO and Senior Vice President for Business Affairs this fall.