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.
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