Vice President for Finance and Chief Financial Officer

Position Overview

Download Position Profile

Salem Academy and College is pleased to announce their search for their next Vice President for Finance and Chief Financial Officer (CFO). This is an exceptional opportunity for a strategic and forward-looking financial leader to help shape the future of one entity with two distinctive institutions with deeply rooted histories, ambitious aspirations, and a shared commitment to the education and advancement of girls and women. The CFO will have the rare opportunity to partner closely with institutional leadership in guiding both a nationally recognized girls’ academy and the nation’s only college exclusively dedicated to women’s health leadership, helping to position Salem for continued innovation, differentiation, and long-term success.

About Salem Academy and College

Salem has a rich 254-year-old history and a long-standing track record of educating students who are prepared to make a bold impact locally, nationally and globally through liberal arts education.

Salem Academy is a boarding and day college preparatory school with focus on interdisciplinary learning focusing on leadership, wellness, and academic rigor. Salem College is the nation’s only liberal arts college exclusively dedicated to developing the next generation of health leaders. Salem College has more than 35 full-time faculty and over 130 staff members who support approximately 500 students including full-time undergraduates, part-time students and graduate students. Its graduates are committed to making the world a better, healthier and more equitable place.

Salem Academy and College is located in Winston-Salem, North Carolina, a vibrant college town known as the “City of Arts and Innovation”. Winston-Salem has a collaborative and engaged academic community with strong private and public schools, excellent healthcare systems, and affordable housing. The Winston-Salem area also offers a rich variety of cultural opportunities and has a vibrant art and restaurant scene. Within a few hours of campus are mountains for skiing, camping, or hiking; rivers for whitewater rafting; and the beautiful ports and beaches of North and South Carolina.

The Opportunity

The CFO will serve as a trusted strategic advisor to the President and a collaborative partner to the senior leadership team, helping advance Salem Academy and College’s mission, long-term sustainability, and strategic priorities. The CFO will help steward the institution’s financial resources in ways that strengthen academic excellence, student experience, and institutional vitality. The successful candidate will be an engaging, transparent, and collaborative leader who communicates effectively with trustees, faculty, staff, alumnae, donors, and external partners.

The CFO will oversee the institution's core financial functions, including budget planning and forecasting, endowment, accounting, cash management, grant administration, debt, banking relationships, contracts, risk management, compliance, auxiliary business operations such as the Academy Hotel initiative, internal controls, and the negotiation, monitoring, and review of all vendor contracts. The CFO will provide strategic leadership and oversight for investment management, regulatory and financial reporting, liquidity planning, audit and compliance functions, and the development and management of high- performing finance and operational teams. The CFO will provide the President and Board of Trustees with timely, accurate financial information, forecasting, and strategic financial analysis to support informed decision-making and long-range planning. The CFO also will provide staff support to the Finance Committee of the Board of Trustees. The CFO will chair the College Faculty Fiscal Affairs Committee.

Specific duties and qualifications, along with additional information about the position and Salem Academy and College can be found in the leadership profile linked above.

Nominations and Applications

The Search Committee is currently accepting and reviewing applications until the position is filled. The deadline for best consideration of applications is July 3, 2026.

Candidates Should Provide:

  • Letter of interest stating how the candidate’s experiences and qualifications connect with the characteristics and priorities expressed in the position profile.
  • Résumé or curriculum vitae.
  • Five professional references with emails, telephone numbers and a description of the candidate’s professional relationship with each reference listed (references will not be contacted without prior written authorization from the applicant).

All application materials should be submitted electronically in PDF format through the AGB Search portal system at [link: bit.ly/3PwSboi]. Should you have any questions or encounter any difficulties with the application process, please contact: Salem_CFO@agbsearch.com

The search is being assisted by AGB Search. Please direct any nominations, expressions of interest, or questions regarding the application process to Salem_CFO@agbsearch.com or to the AGB Search team below:

Lawrence R. Ladd
Executive Search Consultant, AGB Search

larry.ladd@agbsearch.com
(508) 274-0910

Margaret “Peggy” Plympton
Principal, AGB Search

margaret.plympton@agbsearch.com
(484) 554-4542