Committee Chair, Temporarily Vacant
Michael Ferguson, Associate Dean for Finance & Administration, College of Dentistry, Health Sciences Center
Michael Ferguson, CPA, CGMA, is a graduate of East Central University in Ada, Okla. He joined the University of Oklahoma in 2001, serving in positions within Administrative Affairs on both the Norman and HSC campuses. In 2003, he accepted a position at OU Physicians on the Health Science Center campus as the Director of Finance. Since 2008, he has served as the Associate Dean for Finance and Administrative Affairs at the OU College of Dentistry where he has financial oversight of a $25 million annual budget and administrative oversight of facilities, human resources, and information technology.
Terry Henson, Associate Vice President for Administration and Finance and Chief Financial Officer – Health Sciences Center
Terry Henson currently serves the University of Oklahoma Health Sciences Center as the Associate Vice President for Administration and Finance and Chief Financial Officer. She has direct oversight of institution-wide financial services including general accounting and financial reporting, grants & contracts accounting, asset management, capital finance, bursar, financial aid, and payroll.
Terry joined the university in 1983 and has held various positions in internal auditing and administration and finance. Before this time, she worked in public accounting. Terry served two terms as director and currently chairs the audit committee for the Higher Education Users Group, Inc., a not-for-profit, independent Oracle customer user group. She is an active member and past President of the Oklahoma Association of College and University Business Officers, a former trustee and officer for the Mid-Del Public Schools Foundation, and sustaining member and past President of the Junior Service League of Midwest City.
Terry received a Bachelor of Arts in Business Administration from Union University and a Master of Public Health in Health Administration & Policy from the University of Oklahoma. She is a Certified Public Accountant and member of the American Institute of Public Accountants and Oklahoma Society of CPAs.
Robert Kerr, PhD, Professor, Media Law & History
Professor Kerr received his doctorate from the University of North Carolina at Chapel Hill, his M.A. from the University of Oklahoma, and his B.A. from Southern Arkansas University. He joined the University of Oklahoma faculty in 2002.
Students have twice voted him recipient of the Gaylord College Teaching Award. He was the most honored participant over the first decade of the twenty-first century in national research competitions of the Association for Education in Journalism and Mass Communication, and has received the National Communication Association’s Franklyn S. Haiman Award for Distinguished Scholarship in Freedom of Expression. He has been honored by OU with a Presidential Professorship and a Gaylord Professorship. His books include The Corporate Free-Speech Movement: Cognitive Feudalism and the Endangered Marketplace of Ideas
and How Postmodernism Explains Football, and Football Explains Postmodernism
Ninette Carter, Vice President for Business and Finance, Cameron University
Ninette Carter, CPA, is responsible for the development and oversight of all fiscal planning, policies and regulations; the administration of all institutional funds; and the cost-effective planning and operation of major administrative functions. She provides supervision for numerous departments, including finance and accounting, human resources, purchasing and contracts, public safety, and auxiliary enterprises related to administrative functions. Carter graduated from Cameron University in 1991 and joined the university’s staff in 1992. She has served the University in various roles and was named Vice President for Business and Finance in 2015.
Tom Volturo, Rogers State University
Thomas Volturo is responsible for a variety of business functions for the university, including accounting, auditing, budgeting, fiscal management, and human resources. Previously, Volturo served as Assistant State Auditor and Inspector for the Oklahoma State Auditor and Inspector’s Office; Director of Internal Audits for the Board of Regents of Oklahoma Colleges; Assistant Director of the State Auditor and Inspector’s Office; and Systems Analyst for Tulsa County Data Processing;. Tom also held several positions at the State Examiner and Inspector’s Office. Tom received a bachelor of science degree in business administration from Oklahoma State University and an associate degree in business from St. Gregory’s College.
Brian McCall, Associate Dean for Academic Affairs and the Law Center, Director of Legal Assistant Education, Norman Campus
Brian McCall received his Bachelors from Yale University and his Masters from Kings University of London. Brian received his Juris Doctorate from the University of Pennsylvania. After obtaining his law degree, Professor McCall joined the international law firm of Dechert LLP where he focused on cross border mergers and acquisitions and corporate finance transactions. In 1999 he transferred to the firm's London office to further develop this practice and to oversee the merger with a London based firm of approximately 130 English lawyers. In 2004 he was elected a partner of the firm. Some of the clients he advised included Citigroup, JP Morgan, The London Stock Exchange, Comcast Corporation, Tate & Lyle Plc and Rabobank. He worked on many ground breaking transactions including one of the first public to private transactions in Germany and the first US Company conducting a Regulation S offering on the London Stock Exchange's AIM Market.
Pam Crawford, Assistant Professor at the Fran and Earl Ziegler College of Nursing, Health Sciences Center
Pam Crawford, DNP, MBA, RN, NEA-BC currently serves the University of Oklahoma Health Sciences Center as the Interim Nursing Administration Program Director in the graduate program and as the Systematic Evaluation and Outcome Program Director at the Fran and Earl Ziegler College of Nursing. Her teaching and education focus has been in leadership development, finance, and continuous quality improvement. She is responsible for coordination of accreditation and quality activities at the college. Pam joined the university in 2008 and has worked at the college in both the undergraduate and the graduate programs. Previous to her work at the college, she worked at the OU Medical Center for 34 years. She served in many management positions over the years and as the Chief Nursing Officer for the last 18 years. She had financial oversight of the nursing operations annual budget of approximately $90 million. Pam received a Bachelor Science of Nursing at the OU College of Nursing in 1976, a Master’s in Business Administration from Oklahoma City University 1984, Masters of Science from OU College of Nursing 2011, and a Doctor of Nursing Practice from Oklahoma City University in 2016. She is a board certified Nurse Executive -Advanced.
Keith Gaddie, Executive Faculty Fellow, Office of the President
Keith Gaddie (Ph.D., 1993 The University of Georgia) has served on the OU faculty since 1996. As the Executive Faculty Fellow of the university he works on strategic initiatives, strategic planning, master planning and the student campus experience. He is also the Senior Fellow in charge of Headington College and President's Associates Presidential Professor of Political Science.
Record Keeper and Consolidated Fund Line-up
Improvements recommended by the RPMC in 2010 remain in place and relevant today. These improvements had two main purposes. The first was to meet new federal regulations for retirement plans offered by public sector plan sponsors like OU. The RPMC believes compliance with these new and emerging regulations continues to be achieved, and at the lowest possible cost to participants, through a single administrative record keeper structure like the one approved by the OU Regents on March 24, 2011.
The second and more important goal for all of us, was to identify changes that will allow us to increase our savings for retirement. Having a single record keeper reduces expenses associated with investing and simplifies retirement savings decisions for the 10,000 OU employees that participate in the retirement savings plans.
Overview of Plan Structure
- Fidelity Investments provides record keeping services for all of OU’s defined contribution plans. Fidelity is one of the country’s largest providers of investment services to public and private retirement plans and provides state-of-the art services to plan participants. A record keeper monitors the transactions in employee retirement accounts and ensures that they happen in a timely and accurate manner. A record keeper also provides reporting and any other administrative tasks related to an account. Fidelity replaced the multiple vendors that were providing record keeping services previously.
- Participants have the ability to direct their investments to a variety of different fund options and companies. Investment choices are organized in a four tier structure with options that fit a range of participant investment styles from professionally guided options to a self-directed brokerage window. Learn more about the investment options here. This simplified investment line-up is an additional benefit of having a single record keeper.
- The RPMC, with the support of professional investment consultants, selects and actively monitors the funds offered through the plans.
- Participants have the flexibility to keep existing money in current TIAA-CREF investment funds or to transfer to new investment options. A TIAA-CREF Traditional Annuity Option remains available.
- Overall administrative fees are kept low and a transparent fee structure for retirement investments is provided.
- Participants have access to personal financial assistance to help them make informed investment decisions.
- Participants receive one consolidated statement listing all their investments that are recordkept by Fidelity. If participants have investments with TIAA-CREF, they receive a separate statement from TIAA-CREF.
|OU Contributory Retirement Plan (#55857)
|OU Retirement Plan (#65315)
|403(b) Voluntary Retirement Savings Plan
|457(b) Voluntary Retirement Savings Plan
Tier 1: AF Target Date 2060 (RFUTX) was added to the Target Date Line Up.
Tier 1: Target Retirement Date Funds were changed from the Fidelity Freedom K® Funds to the American Funds Target Date Retirement Funds Class R6 Series.
Tier 2: Index Funds, Fidelity Freedom® Index ‐ Class W Funds, were also replaced by the American Funds Target Date Retirement Funds Class R6 Series.
Tier 3: Wells Fargo Advantage Discovery Fund Institutional Class (WFDSX) replaced the Dreyfus/The Boston Company Small/Mid Cap Growth Fund Class 1 (SDSCX).