As an academic institution, medical center, and top-tier medical research organization, UT Southwestern has one of the more complicated funding sources one can imagine. A mixture of state funding, tuition, insurance and out-of-pocket expenses, donations, and other sources come together to fund UT Southwestern, and CFO Michael Serber is the man in charge of keeping the institution in the black. He won D CEO‘s Outstanding CFO for Large Nonprofits.
Serber has been with UT Southwestern for 16 years, quadrupling the medical center’s top-line revenue from about $750 million to well over $3 billion per year. He has also been integral in organizing the partnership with Texas Health Resources, called Southwestern Health Resources, and has had his hand in many other initiatives. “Strong employee engagement is critical when rolling out new ventures and growing at the pace we’ve maintained,” he says.
Learn more about Serber and the other winners D CEO‘s 2019 Financial Executives Awards here.