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Office of News and Information
Johns Hopkins University
901 South Bond Street, Suite 540
Baltimore, Maryland 21231
Phone: 443-287-9960 | Fax: 443-287-9920

March 31, 2008
CONTACT: Dennis O'Shea

Johns Hopkins University Hires New Financial Planning Chief

Michael Strine, currently chief financial officer of New Castle County in Delaware, has been appointed executive director of financial planning and analysis at The Johns Hopkins University.

Michael Strine

Strine, 42, will begin work at the university in early April. He will prepare and monitor the university's budget of nearly $3.5 billion and, in collaboration with the administration and the deans and directors of Johns Hopkins divisions, will prepare the annual five-year financial plan. He will also construct the university's capital plan, conduct special studies on financial issues and serve as primary staff liaison to the Finance Committee of the board of trustees.

"We are delighted to attract the proven talent of Michael Strine to this key position," said James T. McGill, senior vice president for finance and administration. "He will serve admirably as a financial leader in this complex institution. A proven effective executive, Michael will relate well to the myriad administrative and academic constituencies of Johns Hopkins."

Strine has served as chief financial officer of New Castle County since 2005. He has led all financial policy and operations including budget, treasury, cash management, financial reporting, accounting, and internal controls, as well as accounts payable and payroll for Delaware's largest county. He has led efforts to increase transparency in fiscal reporting, rein in costs, reduce a backlog of accumulated capital projects, raise revenue, and leverage reserves to address annual operating deficits while twice earning renewal of AAA bond ratings.

Strine previously served two Delaware governors in the state's Department of Finance, rising to become chief of policy and operations. He oversaw policy development, financial analysis and all legislative and public affairs and communications for the secretary of finance. He worked on issues including debt, pension and cash management, and infrastructure investment policies.

Strine is a 1986 graduate of the University of Delaware and in 1992 earned a doctorate in political science from Johns Hopkins, where he studied public law under Professor J. Woodford Howard. Before leaving academia for government service, Strine served as an assistant professor at the University of Denver and the University of Colorado at Boulder, where he was published in leading journals and was a finalist for university-wide teaching awards.

"World-class universities like Johns Hopkins foster ideas and create jobs that better our quality of life and economic prospects, improving the quality of and access to health care, educating our next generations, and building stronger communities and infrastructure," Strine said. "It is an honor to return to Johns Hopkins to work with such talented people and to contribute to the amazing work this institution does around the world."

He succeeds Frederick W. Puddester, who is now senior associate dean for finance and administration in the university's Krieger School of Arts and Sciences.

[Note: A digital photograph of Strine is available. Contact Dennis O'Shea at dro@jhu.edu or (443) 287-9960.]