Budget & Investment Committee

The Budget & Investment Committee (B&I) operates as a group of senior leaders whose principal role is to advise the Chancellor on budgetary and investment issues that are of critical importance to the performance, successful growth and reputation of UCSF.

The Budget & Investment Committee collaborates as a leadership team to:

  • Understand and review the UCSF budget at the level of the enterprise
  • Assess priorities and tradeoffs for funding allocations and strategic investments, including large-scale capital, information technology, and programmatic investments
  • Ensure transparency of the budget process
  • Report findings and recommendations to the Chancellor’s Cabinet on a regular basis
  • Advise the Chancellor on budget and investment strategies

Topics outside the scope of this committee include internal budgets for schools, departments and the Medical Center; space allocations; and hiring and appointments.

Committee Membership

The Budget & Investment Committee is a subcommittee of the Chancellor’s Cabinet and includes:

  • Sam Hawgood, Chancellor
  • Dan Lowenstein, Executive Vice Chancellor and Provost (co-chair)
  • Paul Jenny, Senior Vice Chancellor, Finance and Administration (co-chair)
  • Michael Clune, Senior Associate Vice Chancellor and Chief Financial Officer
  • Catherine Gilliss, Dean, School of Nursing
  • B. Joseph Guglielmo, Dean, School of Pharmacy
  • Raju Iyer, Chief Financial Officer, UCSF Health
  • Talmadge King Jr., Dean, School of Medicine
  • Mark Laret, Chief Executive Officer, UCSF Health
  • Sharmila Majumdar, Chair, Academic Senate
  • Michael Reddy, Dean, School of Dentistry
  • Elizabeth Watkins, Vice Chancellor, Student Academic Affairs and Dean, Graduate Division

Decisions shall be determined by committee members only, with no substitutions.

Working groups may be formed at the discretion of the co-chairs to address a specific issue and report back to the committee with information and/or recommendations. Members of the working group do not necessarily need to be committee members.