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U of M Chief Financial Officer Richard Pfutzenreuter named "CFO of the Year"

November 18, 2010

University of Minnesota Chief Financial Officer Richard Pfutzenreuter has been named CFO of the year of a large, non-profit civic/cultural/educational institution by the Minneapolis St. Paul Business Journal today.

"Richard (Fitz) Pfutzenreuter has demonstrated leadership in developing financial strategies that have helped the University of Minnesota weather the terrible economic climate, while preserving the University's core mission and repositioning it for the new fiscal realities that public institutions will face. His leadership has benefited the students, citizens, and other stakeholders of the University of Minnesota," University of Minnesota President Robert Bruininks said in nominating Pfutzenreuter for the award.

Pfutzenreuter was appointed vice president of the university in March 2004, chief financial officer of the university in July 1998, and treasurer in February 2000. He served as associate vice president for Budget and Finance from 1992 to 2004. Prior to coming to the U of M he held several positions with the State of Minnesota, including fiscal staff director of the Minnesota House of Representatives Ways & Means Committee from 1986 to 1992; fiscal analyst for the Minnesota House of Representatives DFL Caucus from 1981 to 1984; and transportation planner/budget analyst and management analyst in the Minnesota Department of Transportation from 1975 to 1981. Pfutzenreuter received his bachelor of arts degree from Hamline University in 1974.

"I'm very flattered by the award," Pfutzenreuter said. "It is an important award to recognize finance people in Minnesota. I'm honored to be one of the people recognized."

Fitz 300
University of Minnesota Chief Financial Officer Richard Pfutzenreuter has been named CFO of the year of a large, non-profit civic/cultural/educational institution by the Minneapolis St. Paul Business Journal today. Image courtesy MPR.

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