Babson Names New Chief Administrative Officer
Babson College has named Katherine Craven, the Assistant Vice President for Capital Finance for the University of Massachusetts and the former Executive Director of the UMass Building Authority, as the new Chief Administrative Officer of Babson. In her new role, Craven will supervise critical operations at the school, including Summer Programs, Sustainability, Campus/Community Affairs, Human Resources, Finance, IT, Facilities, and Risk Management.
Babson President Kerry Healey explained that Craven’s extensive experience overseeing multi-billion dollar agencies would be helpful to Babson. Healey said: “Katherine Craven’s 20-year track record in government and higher education, and her highly regarded approach to team building and community engagement, makes her an exceptional fit to lead our administrative and business operations during this critical time.”
The President of the University of Massachusetts, Robert L. Caret, praised Craven’s work at UMass: “Katherine has provided outstanding leadership of the UMass Building Authority, helping to create and oversee a $3.8 billion, five-year capital plan that will allow us to continue the dramatic physical transformation of our five campuses. Her stewardship has brought impressive credit ratings and strong demand for UMass bonds that have allowed us to maintain the momentum created in recent years and that provide our students faculty and staff with facilities that enable them to achieve at the highest level.”
