Seton Hill Taps Former Regional Industrial Development Corporation Executive
David P. Myron Appointed as Interim CFO
October 17, 2013
Author: Molly Robb Shimko
David P. Myron, CPA, former Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) executive, has been named Interim Vice President for Finance, Chief Financial Officer (CFO) of Seton Hill University. The announcement was made by Bibiana Boerio, Interim President. Myron will serve in this role as the University transitions and prepares for the planned retirement of Paul T. Roman, who completes his tenure with Seton Hill in January 2014 following 19 years of service as Vice President for Finance, CFO. Roman has been named Senior Advisor to the President, a post he will hold until his retirement. Both appointments are effective October 17, 2013.
“We are extremely pleased that David Myron has agreed to serve as Interim Vice President for Finance, CFO for Seton Hill University,” said Boerio. “He is a skilled financial executive with extensive non-profit leadership experience. His business acumen will help the University on many levels, especially as we continue work on campus expansion projects that will enhance the Seton Hill experience for all students.”
Boerio added, “We are especially grateful that Paul Roman will be on hand throughout the transition.” She continued, “When Paul came on board, Seton Hill was a small women’s college of less than 1,000 students and net assets of about $10 million. Today, Seton Hill is a coeducational university of approximately 2,500 students with net assets that total almost $95 million. Paul has provided the careful assessment of every opportunity we have examined and has helped us make strong financial strides that serve the institution well as it embarks on major campus expansion and renewal initiatives.” For his leadership, Roman was selected by the Pittsburgh Business Times as the 2009 CFO of the Year in the nonprofit organization category.
Mr. Myron earned a Bachelor of Science degree in accounting and English from Saint Francis University, Loretto, Pa. He is a Certified Public Accountant.
During his 22-year career with RIDC, Myron served as Vice President of Finance and Treasurer (CFO) with the RIDC. Myron directed and guided all accounting, audit, finance, tax, human resources, administration, and insurance functions for a portfolio valued at over $500 million with annual budgets of more than $50 million. Myron initiated and promoted technology throughout every aspect of the RIDC to improve efficiencies while enhancing customer service. He led the acquisition of more than $500 million in loans and $100 million in grants to assist in economic development projects that benefitted southwestern Pennsylvania.
Prior to his roles with RIDC, Myron served as an Audit Senior Manager for KPMG's Pittsburgh Office. At KPMG, Myron worked with more than 20 clients annually from diversified industries with revenues up to $1 billion. He provided audit, tax, pension and consulting services and was active in firm management.
“I look forward to working with Trustees, Seton Hill’s administrative team, faculty and staff to carry on the outstanding work underway at the University,” said David Myron. He continued, “While the economic climate has heightened the challenges facing higher education in general, Seton Hill is in a strong financial position. It will be exciting for me to foster collaborations that will ensure the University’s continuing success.”
Myron is a member of the American Institute of CPA’s (AICPA) (AICPA) and the Pennsylvania Institute of CPAs (PICPA) as well as a member of the National Association of Industrial Properties—Pittsburgh Chapter. Myron serves on the Allegheny Land Trust Board of Directors and is a recent Board chairman. In addition, he is a Board member of the Pennsylvania Economic Development Association and the South Fayette Conservation Group.