The University of North Texas has made another hire in its changing finance department: Beverly Cotton will start Monday as the associate vice president for budget and analytics.
This is the fourth hire systemwide of a top-level finance employee, making Cotton the second new financial employee in Denton.
The new hires are part of an overhaul of financial practices throughout the UNT System after fiscal mismanagement was revealed earlier this year. UNT withdrew $83.5 million in state funds it shouldn’t have, and the university overstated its income by $23 million for two fiscal years.
Cotton will be the first to hold this position at the university. The job was created to take the place of a long-vacant position, the associate vice president for financial planning and budget, said Margarita Venegas, a spokeswoman for the university. The job title was updated to reflect revised job responsibilities.
“Beverly brings to UNT a variety of valuable experiences from her time at Texas Christian University and Texas Tech,” said Bob Brown, UNT vice president for finance and administration, in a press release. “She is a great addition to our staff and will help ensure UNT continues to improve and build upon its solid financial foundation.”
Cotton will oversee monitoring systems for the budget to track compliance issues, monitor staff training and oversee all budgeting and financial analytics at the Denton university.
She comes to UNT from TCU, where she was vice president of business and finance for the Brite Divinity School.
Prior to working at TCU, she held various finance-related positions at Texas Tech University. There, she served for nearly a year as interim vice president of administration and finance, and director of special projects for administration and finance.
JENNA DUNCAN can be reached at 940-566-6889 and via Twitter at @JennaFDuncan.