Board of Curators appoints Thomas F. Richards UM System treasurer

Monday, January 31, 2011 | 12:40 p.m. CST; updated 1:06 p.m. CST, Monday, January 31, 2011
Richard Thomas, UM System treasurer

COLUMBIA — The University of Missouri System Board of Curators appointed Thomas F. Richards as the system's treasurer effective Monday.

The board confirmed Richards' appointment late last week, Jennifer Hollingshead, director of public relations and marketing for the UM System, said.

According to the news release, Richards most recently worked for the UM System as assistant controller. He has more than 20 years of financial experience, including work at PricewaterhouseCoopers. Richards also served as chief financial officer and senior vice president for Landmark Bank in Columbia.

Richards will be replacing John Miller, who served as treasurer since July 13, 2009, Hollingshead said. Miller accepted a job in North Carolina as chief investment officer and treasurer of the Moses Cone Health System.

“Tom brings a wealth of experience in the financial industry and firsthand knowledge of the university and its financial needs, priorities and challenges,” Steve Owens, interim president of the UM System, said in the release.

According to the release, Richards' responsibilities include overseeing the university's cash management, debt, banking across the system's four campuses and the health system, investment portfolios and operating capital.

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