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Skip to content THE SOURCE Close TopicsTopics Arts & Culture Business & Entrepreneurship Campus & Community Humanities & Society Medicine & Health Science & Technology SchoolsSchools Arts & Sciences Brown School McKelvey School of Engineering Olin Business School Sam Fox School of Design & Visual Arts School of Continuing & Professional Studies School of Law School of Medicine PublicationsPublications Newsroom The Record Washington Magazine Search Menu Search for: Search Close NEWSROOM Sections Find an Expert Media Resources Newsroom Stories Perspectives WashU Experts WashU in the News Stanton to head administration, finance at Washington University School of Medicine By Beth Miller June 3, 2008 SHARE Richard J. Stanton has been named associate vice chancellor and associate dean for administration and finance at Washington University School of Medicine in St. Louis. Stanton Stanton&＃8217;s appointment, effective July 1, 2008, was announced by Larry J. Shapiro, M.D., executive vice chancellor for medical affairs and dean of the School of Medicine. &＃8220;Rick is an accomplished executive with broad experience in finance and administration within a university and medical school environment,&＃8221; Shapiro says. &＃8220;He has successfully developed financial and operational strategies that have led to significant growth and transformation for his previous employers. We are excited that Rick will bring his high energy and passion for his work to Washington University School of Medicine.&＃8221; At the School of Medicine, Stanton will be responsible for coordinating the financial, administrative and capital activities. He will manage the non-academic operations and will oversee all short- and long-term financial planning, information technology services, facilities management, design and construction, and related operations. Stanton comes to Washington University from Massachusetts where he has worked for more than 30 years in various capacities. Since 1992, he has been deputy chancellor for finance and administration for the University of Massachusetts Medical School in Worcester, responsible for finance, human resources, information systems, development, public affairs and government relations, licensing and intellectual property management and oversight of a University-owned biologics manufacturing facility. During his tenure, he has substantially bolstered the school&＃8217;s financial foundation and championed state appropriation support. In addition, he steered negotiations to merge the University&＃8217;s Hospital and Faculty Practice with the region&＃8217;s second-largest hospital system, creating a $2.2 billion health system. He implemented a performance-based merit compensation system for all non-faculty employees and directed strategic acquisitions, oversaw a campus expansion from 1.3 million gross square feet in 1992 to 2.5 million gross square feet in 2005 and coordinated financing to support campus capital programs. Previously, he held key positions with the Massachusetts Department of Revenue, the Division of Public Employee Retirement Administration, the Office of the Governor and the Office of the Secretary of State. Stanton earned a law degree from George Washington University in 1976 and a bachelor&＃8217;s degree from Bradford College in 1973. He is president of the Worcester City Campus Corp., a member of the University of Massachusetts Conflicts of Interest Committee, a member of the finance committee of UMass Memorial Healthcare Inc. and a board member of Massachusetts Biomedical Initiatives. Washington University School of Medicine&＃8217;s 2,100 employed and volunteer faculty physicians also are the medical staff of Barnes-Jewish and St. Louis Children&＃8217;s hospitals. The School of Medicine is one of the leading medical research, teaching and patient care institutions in the nation, currently ranked third in the nation by U.S. News &＃038; World Report. Through its affiliations with Barnes-Jewish and St. Louis Children&＃8217;s hospitals, the School of Medicine is linked to BJC HealthCare. SHARE Media Contact  Elizabeth Erman TopicsMedicine & Health Schools School of MedicineRead more stories from School of MedicineVisit School of Medicine Latest from the Newsroom Recent Stories Reframing voting as ‘duty to others’ key to increasing engagement, turnout Modifying homes for stroke survivors saves lives, extends independence Book explores consequences of political conversations WashU Experts Ten Commandments display probably not legal Social workers key to psychedelic-assisted therapies DeFake tool protects voice recordings from cybercriminals WashU in the News NFL faces ‘Sunday Ticket’ lawsuit: Here’s what’s at stake for the league Transcript: Ezra Klein Interviews Yanna Krupnikov The brain has a waste removal system and scientists are figuring out how it works Publications Washington Magazine Newsroom Record Explore Bookshelf Video Gallery Connect Media Resources Contact Facebook Instagram ©2024 Washington University in St. Louis Go back to top