NCEA Board Member Selected as President of the Virginia Foundation for Independent Colleges

Dr. Matthew D. Shank will become the eighth president in the history of the organization on January 1, 2019.

The Board of Trustees of the Virginia Foundation for Independent Colleges (VFIC) today announced Matthew D. Shank will serve as the next president of the organization. Shank, currently serving as Interim President of the World Affairs Council in Washington, DC, will step down from his position on December 31, 2018, and will become the eighth president in the history of the VFIC on January 1, 2019. He succeeds Ken Ruscio.

"We are excited to have Matt lead the VFIC efforts," said VFIC Board Chair Tom Goode, "He understands both the challenges and opportunities of higher education in Virginia and will provide excellent leadership for the VFIC."

Prior to Dr. Shank’s appointment at the World Affairs Council, he served as the 6th president of Marymount University. Under his leadership, Marymount University created and implemented a strategic plan known as “Building the Institution of Choice” and a comprehensive marketing plan called “Common Ground”. Dr. Shank has also instituted an employee incentive program, "Ideas at Work," to solicit cost-saving, revenue-generating, and process-improvement ideas from members of the University community. In recognition of his focus on preparing students for the globalized environment of the 21st century, Dr. Shank received the 2012 Global Education Leadership Award from the World Affairs Council-Washington, DC. In addition, he accepted the World Affairs Council – DC Global Educator of the Year Award on behalf of Marymount in March, 2017. He has also received the Robert Ball Lifetime Achievement Award from the Ballston Business Improvement District in 2018, the Edu-Futuro Community Partner Award in 2017 and earned the distinction of Visiting Distinguished Professor – National University of Public Service, Budapest, Hungary in 2016.

"Having served on the VFIC Board for seven years as President of Marymount University, I have first-hand knowledge of what a phenomenal organization it is and what great potential the future holds," Shank said. "It is truly an honor to be named President and I look forward to supporting the work of our fifteen member institutions."

Dr. Shank is active in academic, community and business organizations, serving on the boards of the American University in the Emirates (Dubai), Bishop O’Connell High School, Don Bosco Cristo Rey High School, the Washington Area Women’s Foundation, the Northern Virginia Community College Foundation and the National Catholic Education Association. He is a community advisor to the Arlington Free Clinic, Arlington Street People’s Assistance Network and Arlington Public Schools.

Before his presidency at Marymount, Dr. Shank served for three years as dean of the School of Business Administration and professor of Marketing at the University of Dayton. Prior to joining the University of Dayton, he was a faculty member at Northern Kentucky University and chaired the Department of Management and Marketing. During the 2003-04 academic year, he was an American Council on Education Fellow, assigned to the Office of the Chancellor at Vanderbilt University. Dr. Shank has also held academic appointments at the University of Mississippi and Southern Illinois University.

An accomplished scholar, Dr. Shank has published numerous articles, presented at many conferences, and is the author of the book Sports Marketing: A Strategic Perspective (5th Edition). He has consulted with over 75 organizations in the areas of marketing research, strategic planning, and marketing strategy. Dr. Shank holds a Bachelor of Science in Psychology from the University of Wyoming and a Master of Arts in Psychology and a Ph.D. in Experimental Psychology from the University of Missouri-St. Louis where he received the Distinguished Alumni Award in September, 2015.


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