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Beginning Oct. 17, Mark Dingfield will assume the position of vice president for finance and treasurer (Photo by Eric Sucar).

Mark F. Dingfield was appointed the vice president for finance and treasurer at the University, five years after joining Penn in 2017 as the associate provost for finance and planning.

Dingfield will assume the position on Oct. 17, according to an announcement by Senior Executive Vice President Craig R. Carnaroli on Aug. 25.

“His strong leadership skills, broad-based experience, and dedication to Penn’s mission greatly distinguished him within a highly competitive pool,” Carnaroli told Penn Today.

During his time at Penn, Dingfield implemented a diversity hiring initiative that led to a nine point increase in the hiring of underrepresented minorities on staff at the Provost Center. He has also served as a part of Penn’s COVID-19 Response Team since 2020 and helped to design and implement Penn’s testing and campus health response to COVID-19, according to Penn Today.

In his new role, Dingfield will oversee Penn’s financial functions, including cash and short-term investments and capital financing strategies.

“It is an honor to serve Penn in this new capacity, and to work with Craig Carnaroli and University leadership to help advance Penn’s mission through the effective stewardship of our financial resources,” Dingfield told Penn Today.

Dingfield worked at Princeton University for seven years in various roles, including as executive director for planning, analysis, and technology. He earned his bachelor’s degree in political science from Swarthmore College in 2001 and a Ph.D. in political science from Temple University in 2016.

Dingfield will be directly in charge of managing various departments at the University, such as the Comptroller’s Office, Risk Management and Insurance, and Student Registration and Financial Services, Penn Today reported.

SRFS has faced criticism in the past several years for various reasons, including claims of “inconsistent” policies and reduced financial aid packages following the onset of the COVID-19 pandemic.