Temple CFO Dorph to depart for NYU
Martin S. Dorph — Temple University’s vice president, chief financial officer and treasurer since 1995 — announced his resignation last week to accept a position as senior vice president for budget and finance at New York University, effective Jan. 15, 2007.
“Marty’s management of Temple’s financial and human resources has played a major role in Temple’s remarkable growth in recent years; he is leaving the University in an unprecedented state of fiscal health,” said Temple President Ann Weaver Hart. “He helped Temple accomplish more in the last decade than most institutions accomplish in half a century.”
Dorph helped structure public-private partnerships and negotiate leases that facilitated a period of explosive campus and community development at Temple, attracting housing, commercial and retail developers to Temple’s Main Campus and to its surrounding North Philadelphia neighborhoods. Over the past four years, private investors have built $183 million in off-campus housing for more than 3,000 students near Main Campus.
Even during times of decreased state funding, Dorph balanced the University’s budgets every year. Temple’s net assets increased from $288 to $695 million during his tenure, and the University’s Standard and Poor’s and Moody’s ratings were upgraded to A+ and A1 respectively.
Dorph also helped improve operations and information systems in departments responsible for Temple’s financial and human resources.
“I will miss Temple, and I will miss being part of a University that’s advancing so rapidly,” Dorph said, “but most of all I’ll miss being part of a great team. It would not have been possible to get anything done without the help of a superb group of people.”
Prior to joining Temple, Dorph had served as a senior executive at the Southeastern Pennsylvania Transportation Authority (SEPTA), the Delaware River Port Authority, W.H. Newbold’s Son & Co., Inc., the City of Philadelphia and Public Financial Management, Inc.
Temple has initiated a national search for Dorph’s successor.
— Hillel J. Hoffmann