Donald P. Lofe, Jr., CPA, CGMA

Biography:

Donald P. Lofe, Jr., officially assumed the role of President and Chief Transformation Officer at Westminster College in Fulton, MO, on July 1, 2021. After a unanimous vote, the College’s Board of Trustees officially announced Mr. Lofe as the historic college’s 23rd president in April, citing the major progress the 170-year-old liberal arts college made in the last year under his leadership as Interim President, even during an exceptionally challenging year and in the midst of the pandemic.

A 1979 Westminster College graduate, Mr. Lofe previously served on Westminster’s Board of Trustees for approximately eight years in a variety of capacities, including Board Chair, throughout his Board tenure. Mr. Lofe serves on the Board as an ex-officio member, consistent with the historic practice for the role of the College’s president. Prior to his appointment at the College as Interim President and Chief Transformation Officer in 2020, Mr. Lofe was a Partner and the Chief Risk Officer for Global Business Services – Mortgage and Lending Solutions for the IBM Corporation based in San Francisco, CA.

Mr. Lofe served in several senior executive roles for insurance, community lending, and other financial and mortgage-related service entities, both domestically and internationally, before his tenure with the IBM Corporation. He was a Partner with PricewaterhouseCoopers LLP, specializing in financial services and private and public higher-education clientele. Mr. Lofe is a CPA, CGMA (Active Status) and is also COSO Certified by the AICPA. He was named by Treasury and Risk, a leading corporate finance and treasury periodical, as one of the 100 Most Influential People in Finance.

Mr. Lofe was awarded Westminster’s Lifetime Alumni Achievement Award in 2010. He received bachelor’s degrees in Accounting and Political Science from Westminster and an MBA, with concentrations in Finance and Business Policy, from The University of Chicago.