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Nathan Brostrom was appointed Executive Vice President - Chief Financial Officer for the University of California in September 2014. As CFO, he oversees all aspects of financial management for the University of California system, which includes ten UC campuses, five academic medical centers and the Lawrence Berkeley National Laboratory. His areas of responsibility include asset management, debt management, the systemwide operating budget, capital finance and planning, procurement and financial accounting. The UC system educated nearly 240,000 students and has an annual budget of over $25 billion.
Prior to his CFO appointment and since September 2009, Nathan served as Executive Vice President – Business Operations for the UC system, with responsibility over systemwide budget, the budget and administration of the Office of the President, facility construction and maintenance, real estate management, human resource administration, and information technology support.
Nathan Brostrom joined the University of California in 2006 as Vice Chancellor for Administration at the Berkeley campus. He was responsible for advising the Chancellor and the Executive Vice Chancellor and Provost on all budget and resource management, health and human services, and fiscal planning matters. He managed the campus's annual operating budget of more than $1.8 billion and was responsible for a division that was the largest provider of services to campus staff and a significant provider of services to UC Berkeley students.
Before coming to UC Berkeley in 2006, Mr. Brostrom spent ten years as Managing Director and Manager of the Western Region Public Finance group for JPMorgan, where he worked on financings totaling more than $100 billion for municipal clients throughout the western United States. He served as lead banker on the $11.3 billion energy bond program for the California Department of Water Resources, the financing that repaid the state general fund for the lost revenue from the 2000-2001 California energy crisis.
Mr. Brostrom served as a banker for higher education and cultural institutions including Stanford University, the Getty Trust, the California State University system, the California community college system, the Asian Art Museum of San Francisco, the San Francisco Ballet, and other cultural institutions in the western United States. Over ten years, he worked on financings totaling over $4.3 billion for the Regents of the University of California. His experience also includes four years in the office of the California State Treasurer, and additional corporate finance experience at JPMorgan Securities and Quarterdeck Investment Partners.
Mr. Brostrom currently serves on the board of The College Board, Futures Without Violence and the East Bay Community Foundation.
Mr. Brostrom graduated Phi Beta Kappa from Stanford University and holds a master's degree in public and international affairs from the Woodrow Wilson School at Princeton University. He and his wife Caitlin live in Berkeley with their six children.
Primary title | Affiliation:
Executive Vice President
University of California
(DEPRECATED) Program | Role: