Joseph Mercurio Appointed VP for Administration & Finance of Quincy College
November 18, 2013
The Quincy Chamber
Higher Education Administration Visionary Joseph Mercurio Appointed Vice President for Administration & Finance of Quincy College
Quincy College welcomes new Vice President for Administration and Finance, Joseph Mercurio. Mr. Mercurio has considerable experience in Higher Education Administration, having spent 38 years at Boston University, the last sixteen of which as the Executive Vice President.
During his tenure, Mr. Mercurio saw the annual budget at Boston University grow from $89 million to over $2 billion. He was in a leadership position in transforming Boston University from a regional commuter school to a nationally ranked research university with a residential student population. He is also recognized as the man who planned and directed the largest expansion of the Boston University campus. He began his association with Boston University in 1973 as Associate Budget Director and, throughout his career served in positions of increasing responsibility, including as Vice President and Comptroller, Vice President of Business Affairs, Senior Vice President and Executive Vice President.
The Board of Trustees named Mr. Mercurio Executive Vice President in January of 1995. His responsibilities included the direction of all non-academic programs and service and support activities of the University, as well as the University’s planning, business and finance functions, human resource functions, insurance management, intercollegiate sports, government and community relations, enrollment management and various commercial activities with which Boston University is associated. It is worthy of note that Boston University achieved annual surpluses during each year of Mr. Mercurio’s tenure.
Mr. Mercurio presided over and gave direction to the planning and development of new facilities for academic, research laboratories, housing, recreational and commercial use, with a value of almost $2 billion. Many of the University’s projects during this period received national acclaim.
President Peter H. Tsaffaras, J.D., President of Quincy College, said “Joseph Mercurio’s extensive experience in administration, finance and operations as well as policy formulation, matches extraordinarily well with those areas which will be under his purview. In addition, his broad experience in innovative institutional expansion and his entrepreneurial vision will make him an invaluable asset as we plan for the future of Quincy College.”
In accepting this appointment Mr. Mercurio stated “I am excited to be joining the leadership team being assembled by President Tsaffaras as Quincy College continues its important educational mission and continues the pursuit of excellence. Quincy College has been a well-kept secret which we hope to reveal to the entire metropolitan area.”
Mr. Mercurio is a graduate of Boston University, holding a BAS in Business Administration. He is a native of Massachusetts and resides in Cohasset, MA.