Low Named Chief Financial Officer for System, Media Report

The Bangor Daily News and Portland Press Herald reported that Ryan Low, vice president of administration and finance at the University of Maine, will become the chief financial officer for the University of Maine System. The promotion is part of the system’s move toward combining the financial management of the seven universities, according to the Press Herald. Low is tasked with overseeing the system’s Unified Finance and Administrative Model, which trustees approved in May as part of Chancellor James Page’s One University initiative, according to the BDN. Under that model, the system creates the budget and passes allocations down to campuses instead of campuses proposing their own budgets to the system, the BDN article states. “Ryan has the financial acumen, commitment to collaboration and credibility needed to unify our seven, siloed, financial systems into one seamless, statewide model,” said Samuel Collins, UMS board of trustees chairman.