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CHICAGO—September 19, 2024—Illinois Institute of Technology (������̳) 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 ������̳ 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 ������̳ 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 ������̳ 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 ������̳’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.

Photo: Jeremy V. Fine, ������̳ vice president for finance, chief financial officer, and treasurer

Illinois Institute of Technology

Based in the global metropolis of Chicago, ������̳ 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, and it stands at the crossroads of exploration and invention, advancing the future of Chicago and the world. It offers undergraduate and graduate degrees in engineering, computing, , business, , science and human sciences, and . ������̳ students are guaranteed access to hands-on experiences, personalized mentorship, and job readiness through the university's one-of-a-kind Elevate program. Its graduates lead the state and much of the nation in economic prosperity. Its faculty and alumni built the Chicago skyline. And every day in the city's living lab, ������̳ fuels breakthroughs that change lives. Visit iit.edu.

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Illinois Institute of Technology
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Illinois Institute of Technology
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