Rosemarie Rae, Loyola Marymount University’s executive vice president and chief operating officer, is an accomplished higher education administrator and finance executive with 40 years of experience. EVP Rae oversees LMU’s administrative areas and resources that serve the university’s core operating needs, including Finance, Human Resources, Information Technology Services, Auxiliary and Business Services, Campus Safety Services, Conference and Event Services, Facilities Management, and Parking and Transportation.
EVP Rae served as vice chancellor for finance and chief financial officer at UC Berkeley for nine years prior to joining LMU in July 2023. At UC Berkeley, she oversaw an annual budget of $3.1 billion and managed finance, accounting, treasury, business partnerships and services, institutional research, capital strategies including long-range development planning, building design and construction, supply chain management, and university health services. She led the development of a financial turnaround plan for the campus and was a strategic partner in several key housing and academic initiatives.
Before EVP Rae’s higher education career, she held executive roles at the National Trust for Historic Preservation, where she served as chief finance and administrative officer, and at Volunteers of America, a national nonprofit organization that provides human service programs in more than 400 communities across the country. She also served as CFO and treasurer at Experience Works, a nonprofit organization that offers training and employment for senior workers, and was corporate controller at Loral Space and Communications, a Delaware-based satellite communications firm.
EVP Rae earned her Master of Public Administration from American University. She completed Stanford University’s Executive Program for Philanthropy Leaders and the University of Notre Dame’s Executive Development Program. Her Bachelor of Science in accounting was earned at Radford University, and she is a certified public accountant. EVP Rae embraces giving back to colleagues through her service in regional and national professional organizations. Outside of her professional pursuits, EVP Rae enjoys spending time with her family, hiking, yoga, and surfing.