Matthew M. Fajack was named the University of North Carolina at Chapel Hill’s chief financial officer and vice chancellor for finance and administration June 9, 2014.
As vice chancellor, Fajack serves as the principal finance and business officer. His responsibilities include oversight of campus-wide financial planning and budgeting; treasury and risk management; facilities planning, construction and operations; real estate development; purchasing; public safety; campus enterprises; environment health and safety; and energy services.
Fajack formerly served as the University of Florida’s vice president and chief financial officer since 2008. He was responsible for financial planning and analysis, while overseeing the budget process, finance, treasury and accounting. His office implemented significant initiatives to improve the efficiency and effectiveness of administrative processes. He helped design and implement financial systems and processes that centralized a formerly diffuse financial structure and more closely aligned decision making with the financial consequences of those decisions.
Fajack also served as executive director of financial affairs at Kent State University for three years and as chief financial officer for the Dallas-based Beta Capital Group for 14 years.
Before joining Beta Capital Group in 1990, Fajack spent 11 years in the airline and security systems industries. He was an audit manager for Arthur Anderson & Co. A native of Ohio, Fajack earned a bachelor’s degree in accounting from the University of Minnesota.