BSC Office of Communications

News from the Hilltop

FOR IMMEDIATE RELEASE
August 2, 2011

Birmingham-Southern College names Eli Phillips as new vice president for finance, CFO

BIRMINGHAM, Ala.—Eli H. Phillips, a Certified Public Accountant with more than 20 years of experience in financial management operations and accounting for large profit and nonprofit organizations, including higher education, is the new vice president for finance and chief financial officer at Birmingham-Southern College.Birmingham-Southern College names Eli Phillips as new vice president for finance, CFO

BSC President Gen. Charles C. Krulak made the announcement today following a national search. Phillips will assume his new duties on Aug. 29.

Phillips spent 14 years, from 1995 to 2009, as vice president of finance and chief financial officer for the Morehouse School of Medicine in Atlanta, where he spearheaded a turnaround in the financial management operations and provided fiscal leadership during expansion and growth for the independent, Southern Association of Colleges and Schools-accredited institution. While at Morehouse, he was responsible for accounting operations in budgets and planning, treasury, investments, grants accounting, procurement, property accounting, payroll administration, and faculty practice plans.

"Eli brings substantial higher education finance experience to Birmingham-Southern," said Krulak. "The scope of Eli's responsibilities at Morehouse virtually mirrors the areas for which he will be responsible at BSC.

"His reputation as a person who provides strong financial leadership and has a commitment to higher education makes him the ideal person to serve in this important capacity. Of critical importance is the fact that Eli is a good man and has strength of character that is vital in the position he is undertaking."

In addition to his experience in higher education, Phillips has served as director of ARRA Projects for the Division of Family and Children Services of the Georgia Department of Human Services in Atlanta; as controller for The Perseco Co. in Oakbrook, Ill; as special project manager, assistant controller, and senior auditor for The Coca-Cola Co. in Atlanta; as business manager for Air Travel Transportation Inc.; and as senior auditor for the Big Four accounting firm Price Waterhouse Coopers in Atlanta.

Phillips received his bachelor's degree in accounting from Howard University in Washington, D.C.

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