Each year, Arizona's chapter of Financial Executives International (FEI) honors five chief financial officers who have demonstrated excellence in the field of financial management.
This year's FEI Nonprofit award was given to Arizona State University's Morgan R. Olsen, who was honored Nov. 9 at the Fairmont Scottsdale Princess Resort.
Olsen currently serves as ASU's CFO and treasurer, a position he has held since November 2008. He guided ASU through the recession, helping the university not only survive but thrive during that period. He was able to recognize areas that needed reorganization while also consolidating departments to adjust for funding changes.
As CFO, Olsen is responsible for overseeing all financial functions at ASU's five campuses. The university currently has over $1 billion in active capital projects in various phases.
More University news

ASU public affairs graduate programs rise to No. 11 in nation in US News & World Report’s 2025 rankings
Arizona State University rose to No. 11 nationwide for best graduate public affairs programs in U.S. News & World Report’s…
ASU graduate programs ranked among top 10 nationwide
Six graduate programs at Arizona State University are in the top 10 nationwide, according to U.S. News & World Report’s Best…

ASU President Crow, 'NeoBio' honored at international celebration of innovation
ASU President Michael Crow and NeoBio, the university’s groundbreaking effort to revolutionize biology education, were among the…