Timothy E. Klocko has been named vice president for finance and treasurer at Sweet Briar College, effective March 1, Sweet Briar president Phillip C. Stone announced today.
Klocko comes to Sweet Briar from Thomas University in Thomasville, Ga., where he served as senior vice president for administration and finance. At Thomas, Klocko oversaw all accounting functions as well as the administrative areas of human resources, bookstore, post office, facilities, information technology, campus security and food service.
“Tim Klocko is someone who faced significant challenges at his former institutions. He found creative solutions, through an entrepreneurial team spirit, to address them. That experience, coupled with his strong background in leading all aspects of finance at three colleges, and his experience as a professor, make him an excellent choice as Sweet Briar positions itself for the future,” Stone said in making the announcement.
Klocko holds a CPA certificate in the state of Iowa, a master’s degree in business administration with an accounting emphasis, as well as a B.S. in accounting and finance from Northwest Missouri State University in Maryville, Mo.
Prior to his work at Thomas, Klocko served at Stephens College in Columbia, Mo., as vice president for finance, vice president for finance/controller, vice president for administration and finance/controller, and controller. He was interim president in 2003.
For the first half of his career, Klocko was a professor of accounting. He earned tenure at Grand View College in Des Moines, Iowa, before being tapped to assist in the College’s administration as controller. He also taught accounting at Tarkio College in Tarkio, Mo., and at Iowa Community College in Des Moines.
At Thomas University, Klocko worked with the board of trustees to create a new operating and capital budget process, and he oversaw a campus transformation that included both new construction and renovations of older buildings. He worked closely with the college’s enrollment management team in building a financial model that is used to determine enrollment goals.
His work at Stephens College focused on ensuring its financial stability. Klocko, working with a campus-wide strategic planning process, led the effort to address the financial ramifications of the new plan, including development of a five-year budget and cash-flow model to set specific future financial targets.
At Grand View College, Klocko worked with board members to establish an investment policy and hired endowment managers who successfully implemented the policy. As its controller, he supervised all functions of accounting, including audit responsibility and supervising accounts receivable, accounts payable and payroll. As a professor of accounting, Klocko taught all areas of accounting and finance.
“I am delighted to have the opportunity to serve Sweet Briar at this important time in its history, and I look forward to meeting and working with all the wonderful people who are currently part of the Sweet Briar family,” Klocko said.
Klocko replaces Thomas N. Connors, who has served as interim vice president and treasurer since July 2015.