The University of Nebraska announced Chris Kabourek as its vice president for budget and finance Wednesday, promoting the former assistant vice president to the permanent chief financial officer role.
A 20-year veteran of NU, Kabourek has served as the interim vice president since David Lechner left for the University of South Florida system in January.
Kabourek, whose appointment is pending NU Board of Regents approval Aug. 3, was chosen following a nationwide search chaired by the University of Nebraska at Omaha College of Business Administration’s Dean Louis Pol.
“As a lifelong Nebraskan and first-generation college student, I know firsthand the impact that higher education has on young peoples’ lives and our state as a whole,” Kabourek said in a news release. “I’m humbled to have the opportunity to help the University of Nebraska continue that work.”
NU President Hank Bounds said Kabourek has the experience and insight managing the university system’s $2.6 billion budget “to grow our impact while managing limited resources and an increasingly complex fiscal environment.”
“Most important, he understands that the university’s budget is more than a spreadsheet,” Bounds said. “It’s a reflection of our priorities, and Chris has proven to be a thoughtful and creative leader in helping us invest in what matters most: affordability and excellence for Nebraskans.”
A David City native, Kabourek graduated from Nebraska Wesleyan University and holds a master’s in business administration from UNL.
He began at NU in 1997 and has advised university presidents, chancellors, business and academic officers, financial aid directors, facilities managers, and also served as a liaison for the Nebraska governor’s office and other lawmakers.
As interim vice president, Kabourek’s salary was $290,000. His new salary was not finalized as of Wednesday, an NU spokeswoman said, but will be before it goes to regents for approval next month.