Illinois Institute of Technology appoints a chief financial officer with more than 25 years of experience in leadership at the CTA, the City of Chicago and other institutions
CHICAGO—September 19, 2024—Illinois Institute of Technology (Illinois Tech) has appointed Jeremy V. Fine as its new vice president for finance, chief financial officer, and treasurer. Fine, a seasoned financial leader with more than 25 years of diverse experience, will be responsible for overseeing the university’s financial strategy and operations.
Fine joins Illinois Tech after serving as CFO and treasurer at the Chicago Transit Authority (CTA). In this role, he led a comprehensive financial transformation, managing a $2 billion annual operating budget and a $3.6 billion five-year capital program. Additionally, Fine has served as deputy chief financial officer and deputy comptroller for the City of Chicago, further showcasing his ability to drive financial stability and growth in complex environments.
“I am honored to join Illinois Institute of Technology at such a pivotal time in its history,” said Fine. “The university’s mission to provide education for all and to advance technology for the common good is an inspiration, and I look forward to working with the talented team at Illinois Tech to build on the strong financial foundation that has been established.”
Throughout his career, Fine has been recognized for his strategic vision, financial acumen, and dedication to excellence. His leadership at the CTA and the City of Chicago exemplifies his ability to deliver exceptional results, consistently exceeding industry benchmarks. Fine’s expertise in strategic financial planning, budgeting, and revenue generation has made him a respected figure in the public finance sector.
“Jeremy brings a wealth of experience and a proven track record of financial leadership,” said Illinois Tech President Raj Echambadi. “His innovative approach to finance and his deep commitment to our mission make him the ideal person to lead our financial operations as we continue to grow and thrive as an institution. I am confident that Jeremy will build on Illinois Tech’s continuing growth and support our noble mission as an opportunity engine for Chicago.”
Fine, originally from St. Petersburg, Florida, holds a Bachelor of Science from the United States Military Academy and an MBA from the University of Notre Dame. He is a founding member of the Massachusetts Institute of Technology (MIT) Transit Research Consortium and serves as a trustee for Point University in West Point, Georgia.
Based in the global metropolis of Chicago, Illinois Tech was born to liberate the power of collective difference to advance technology and innovation for all. It is the only tech-focused university in the city, standing at the crossroads of exploration and invention. It offers undergraduate and graduate degrees in engineering, computing, architecture, business, design, science and human sciences, and law. Illinois Tech students are guaranteed access to hands-on experiences through its Elevate program.
Petra Kelly
Communications Director
Illinois Institute of Technology
Cell: 773-771-1064
pkelly6@iit.edu
Kevin Dollear
Communications Manager
Illinois Institute of Technology
Cell: 773-860-5712
kdollear@iit.edu