There was an uptick in this summer’s financial forecast as we welcomed Elizabeth (Beth) Miller, CPA, as MICDS’ new Chief Financial Officer, effective June 18.
“Beth was the enthusiastic and unanimous choice of the Search Committee, and I am confident she will be a spectacular hire,” said Head of School Lisa Lyle.
A St. Louis native, Miller comes to MICDS having most recently served as Chief Financial Officer, Chief Administrative Officer and Executive Vice President at Nidec Americas Holding Corporation. Prior to that, she served a long tenure in various positions at Emerson Electric, most notably as Vice President – Finance, CFO from 2006-2010. Miller holds a master of business administration and bachelor of science in accounting and finance from St. Louis University.
“I’m very excited about joining MICDS and being part of the community,” Miller said.
Miller’s primary responsibilities will include working in close strategic partnership with the head of school and the Board to ensure careful financial management and sustainability; developing and managing the School’s $34M operating budget; overseeing the administration of the School’s $118M endowment and executing the decisions of the Investment Committee; overseeing and maintaining all of the School’s business functions and operations, including facilities, human resources, technology, food service and campus security.
In addition, Miller joins MICDS toward the close of Bold Action: A Campaign for MICDS, one of the largest capital campaigns in independent day school history. To date, the campaign has raised more than $96 million, which has helped build McDonnell Hall and Brauer Hall, the School’s state-of-the-art STEM facility and Upper School gathering space; the Steward Family Aquatic Center and William R. Orthwein Sr. Pool; Ron Holtman Stadium and O’Hara Field; Holekamp Track and Field Stadium; and supported endowment priorities such as Faculty Tuition Benefit, Student Access and others.
“Beth has tremendous industry experience, which will be vital to our School as we conclude our comprehensive Bold Action Campaign, continue to grow a healthy endowment and remain responsible stewards of our financial resources and facilities,” Lyle said. “We look forward to seeing Beth lead as we continue to advance our bold Mission to prepare graduates for lives of purpose and service.”