Webster University Appoints an Interim CFO

William Donovan, who has served as a financial leader and advisor for large companies for the past two decades, was named Webster University’s interim chief financial officer (CFO) today. A nationwide search for a permanent CFO will be announced at a later date.

“Bill has a proven track record of success in multiple financial sectors, from banking to real estate to national and international companies, and his experience will help guide the University and its world-wide operations,” said Webster University President Julian Z. Schuster. “I am confident that he will continue to keep our University on the right financial track as we continue to grow our revenues and manage costs.”

Donovan has served as a CFO, chief executive officer, vice president and financial director for several companies in the past two decades. He has worked in financial planning & analysis, investment banking, corporate development, private equity and accounting team leadership across multiple sectors including real estate, manufacturing, services, renewable energy and cleantech. He most recently has served as CFO for Sansone Group LLC since 2021. 

“I appreciate this opportunity and look forward to collaborating with my new colleagues,” Donovan said. “I have long been a believer in the power of higher education and am grateful to be able to contribute to Webster’s mission.”

Donovan holds bachelor’s degrees in international studies and in mechanical engineering from the University of Missouri at Columbia and a master’s degree in business administration from the Wharton School at the University of Pennsylvania. He will start his new role as CFO immediately.