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St. Anselm finance officer abruptly leaves school

Union Leader Correspondent

July 19. 2018 7:48PM
Eric Norman 

Exactly 11 months after he was brought on as the Chief Financial Officer and Vice President of Finance of St. Anselm College, Eric Norman is no longer employed by the college.

In a brief email that was sent out to staff and faculty Wednesday morning, College President Steven R. DiSalvo announced Norman’s abrupt departure.

“I write to inform you that Eric Norman, who served in the position of Chief Financial Officer and Vice President for Finance, no longer works at Saint Anselm College,” wrote DiSalvo. “Effective immediately, Associate Vice President Bill Furlong will serve as interim CFO.”

Michelle Adams O’Regan, Executive Director for College Communications and Marketing, confirmed Norman’s separation but declined to release any further details due to an institutional policy regarding the privacy of personnel matters.

Hired in September of 2017 after Dr. Harry Dumay, who had been CFO for five years, accepted the position as president of Elms College in Chicopee, Mass., Norman’s short tenure at St. Anselm was marked by revelation of a $1.5 million budget forecasting error that led to the layoff of 13 staff members on May 24.

In the minutes of a closed-door Faculty Senate meeting from Jan. 26, Norman held a finance presentation for faculty in which he identified the institution’s rising tuition discount rate and the $1.5 million error as hazards to the institution’s financial future.

Additionally, minutes from a March 20 meeting describe Norman as working with the school’s vice presidents to identify “areas for efficiencies and cuts.”

In an interview about the layoffs with the Union Leader on June 12, DiSalvo said Norman played a crucial role in helping to select the policies, programs, and employees who would be cut.

“Each VP sat down with myself and the CFO to talk about recommendations on how we could achieve the budgeting goal for their division,” said DiSalvo of Norman’s role in the process.

DiSalvo went on to say that Norman “was involved in every subsequent meeting that I had as we looked at the overall budget.”

Prior to his time at St. Anselm, Norman served in executive level finance roles with the University of New Hampshire School of Law, the Boston Conservatory, and Curry College in Milton, Mass.

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