Ponto named senior advisor of business and finance

Tuesday, January 29, 2013 8:40:00 PM

Thomas M. Ponto, a financial executive with more than 30 years of higher education experience, has been named senior advisor of business and finance at Cardinal Stritch University. He started Jan. 22.

Ponto is charged with ongoing oversight, planning and analysis of the University’s business and financial functions. 

“I believe that Tom Ponto is uniquely qualified to apply his leadership toward the continual enhancement of our business and financial areas,” said Stritch President Dr. James Loftus. “There is no doubt in my mind that the university will benefit enormously from his expertise.”

Ponto served Kalamazoo College, a liberal arts college in Michigan, for 30 years, beginning as controller and working his way to vice president. One of his key responsibilities there was developing short- and long-term models for the college’s long-range strategic financial objectives, including operations, capital projects, fundraising campaigns, and new programs.

His financial responsibilities at Kalamazoo included oversight of a $50 million budget, the endowment, debt financing, student accounts, accounts payable, payroll, and purchasing. He also developed, managed, and routinely updated the college’s five-year financial plan. 

Ponto grew up in Neenah, Wis., and received his M.B.A. from Marquette University, and a bachelor of business administration from St. Norbert College. 

“Cardinal Stritch University is a unique community, with a history of serving those who may not otherwise have access to a college education,” Ponto said. “It is clear to me that Dr. Loftus has a clear vision for the future of the organization, and I am thrilled to be able to contribute to that future.”