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Alvernia University appoints new Chief Financial Officer
Susan Shelly, Contributing Writer//January 20, 2021
Alvernia University appoints new Chief Financial Officer
Susan Shelly, Contributing Writer//January 20, 2021//
With nearly 15 years of experience in public accounting, consulting and corporate leadership, Joshua E. Hoffman, has been named Chief Financial Officer of Alvernia University.
He previously was a CFO adviser at Stambaugh Ness, a professional services firm based in East York.
Alvernia President John R. Loyack said the university will benefit from Hoffman’s experience as it moves forward with its Reading CollegeTowne initiative, a strategy that expands Alvernia’s campus into the downtown area with a goal of spurring economic development in Reading and Berks County.
“In addition to his depth of experience in accounting and finance, Josh has an impressive track record in strategic planning and risk management,” Loyack said. “His ability to develop a data-driven approach and improve business practices and processes will greatly benefit Alvernia’s new strategic direction.”
Hoffman also served in finance and leadership roles in the insurance industry with Donegal Insurance Group, Reamstown Mutual Insurance Company and Goodville Mutual Casualty Company. He said he is anxious to join the Alvernia team.
“With a deep, lifelong appreciation for the benefits of education, I am excited to join Alvernia and its forward-thinking approach to higher education,” said Hoffman, who grew up in Central Pennsylvania. “I look forward to joining a talented and newly-aligned senior leadership team under the direction of President Loyack.”
During four years with Reamstown Mutual Insurance Company, Hoffman rose from CFO to CEO. He led strategic planning and was responsible for overhauls of the IT systems and in-house claims management operations. He also introduced a new organizational structure to upgrade human resources.
Hoffman holds an MBA from Penn State University and a bachelor’s in accounting from Shippensburg University. He currently serves on the board of directors for Ephrata National Bank and ENB Financial Corp., the Warwick School District Finance and Legal Committee and as President of the Rotary Club of Lititz.
