Larry Kelley, Cal Poly’s chief financial officer and senior vice president of administration and finance who oversaw nearly $1 billion in new construction and renovation to existing facilities, will retire in June.
In announcing his departure, Cal Poly President Jeffrey D. Armstrong noted that Kelley “has been an indispensible ingredient in Cal Poly’s continued success over the last decade.”
“I am particularly thankful for Larry’s astute financial management through the state’s economic downturn of the last few years,” Armstrong said in a news release. “At a time when many institutions faced broad faculty and staff layoffs, Larry and his team’s planning abilities saved Cal Poly from the same fate and helped us to maintain the high quality of a Cal Poly education.”
Kelley joined Cal Poly in 2002, overseeing the university’s administration and finance division. In addition, he has been chief executive officer and chairman of the board of the Cal Poly Corporation since 2007 and treasurer of the Cal Poly Foundation since 2011.
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Among the most notable changes under Kelley’s tenure was the build-out of the Cerro Vista and Poly Canyon Village residence hall complexes, the university’s news release said. The additional 3,500 beds more than doubled Cal Poly’s on-campus student housing.
Under Kelley’s leadership on new projects and renovations Cal Poly received LEED (Leadership in Energy and Environmental Design) certification through the U.S. Green Building Council on nearly one-third of the campus’s structures, Cal Poly said.
Kelley and his wife, Diane, plan to return to Ohio to be near their children and grandchildren.
The university plans to conduct a national search for Kelley’s successor. Stan Nosek, who served as vice chancellor for administration at UC Davis from 2003-10 — the equivalent of Kelley’s position at Cal Poly — will serve as Cal Poly’s chief financial officer until Kelley’s permanent successor is hired later this year, according to the news release.