The University of Virginia has appointed Eugene Schutt as the associate dean for development in the College and Graduate School of Arts & Sciences, according to a press release from the University.
Schutt, of Charlottesville, will oversee the Arts & Sciences development office. This office is currently working to raise $500 million for the Campaign for the University of Virginia, which has a goal to raise $3 billion by December 31, 2011. The good news? They’re almost there. Last September, the campaign reached the $2 billion milestone.
A business executive for 20 years, Schutt has most recently served as president and CEO of Citicorp Trust Bank, a Citigroup company. He was also the president of Avco Financial Services Inc. and Pratt Industries Inc. prior to working with Citigroup.
An alumnus of UVA, Schutt received a bachelor’s degree in economics in 1975.
“It’s a great honor to be asked to serve the University at a time when economic stresses require new ideas,” said Schutt in the press release. “As an alum, I view this opportunity as a call to service.”
