Dr. Russell D. Morris, Ph.D.

E X P E R I E N C E     S U M M A R Y Experience in government, government corporation, banking and university settings, reflecting: Excellence in financial and general management. Strong analytical skills. Innovation in developing programs and processes reflecting customer needs. Strong planning and budgeting skills, in both formulation and execution. Bringing private sector business management techniques and “bottom-line”  mentality into a public sector service organization. Organizational leadership through shared vision, empowerment, performance measurement and personal accountability. Exploiting technology. Relationship building, conflict resolution, organization, time and risk management. Accomplished public speaker, educator and presenter in a variety of forums ranging from the classroom to Congressional hearings. Knowledgeable in Federal regulations and regulatory processes.        Accomplishments: Conducted a comprehensive cash management review of Johns Hopkins University, resulting in immediate savings of several hundreds of thousands of dollars, and longer term potential for greater savings. Redesigned the Administrative Training program of Johns Hopkins University. Chief executive officer of a U.S. Treasury Department Bureau with over 2,000 employees in seven locations and a budget of $600 million. Redesign and re-engineering of the Federal Government’s central accounting and reporting processes. Co-founder of the U.S./Canada Colloquium on National Government Financial Management, an international forum for sharing challenges and solutions. Negotiated a Union/Management Partnership Agreement, and a Memorandum of Understanding between the federal government and the states on financial Recipient of Presidential Rank Award, numerous “Outstanding” performance ratings, performance bonuses, and other recognition for innovation and contribution. Adjunct faculty: Johns Hopkins, Georgetown and University of Maryland Invited to testify before Congressional committees on subjects including State-Federal relationships, Performance Measurement, the use of Electronic Funds Transfer for the collection of federal taxes, and federal debt collection efforts. Successfully initiated legislation to modernize government financial infrastructure. Implemented the first Government-wide cash management program. Employment Chronology Self-employed consultant, educator and executive trainer. (July 2005 to present.) The Johns Hopkins University.  Special Assistant to the Controller, (March 2001 to July, 2005).  Recruited for this position to undertake several special projects, including the development of an Activity-Based Costing model for University administrative functions, developing multiple-year budget and planning methodologies and implementing cash management improvements. Self Employed Consultant.  (July, 2000 to March, 2001).  Various engagements in financial and general management and conference planning.  Conducted a comprehensive cash management analysis for Johns Hopkins University. Internal Revenue Service.  Project Director, (July 1999 to June, 2000).  Recalled from an Intergovernmental Personnel Act assignment at Johns Hopkins University to manage a project resulting in a first-ever “clean” audit opinion for the valuation of IRS’ property plant and equipment. The Johns Hopkins University.  Special Assistant to the Vice President for Business Affairs, (January, 1998 to July, 1999).  Recruited by the Vice President and the Controller, JHU, under the Intergovernmental Personnel Act, to conduct a study of central administrative processes and develop a plan for the redesign of the JHU administrative training program in response to a recommendation by external auditors.  This project necessitated becoming knowledgeable in the entire range of business processes in the University as well as the unique character of the JHU environment and led to recommendations for reengineering certain business processes.  Subsequent assignments have included an analysis of JHU cash flows and support for accounting system upgrades. The Financial Management Service, U.S. Department of the Treasury.  Commissioner (1991 - 1997).  The Commissioner of the Financial Management Service (FMS) is Chief Executive Officer of a Bureau of the Department of the Treasury with approximately 2,000 employees operating out of seven locations, and with annual expenditures of approximately $600 million.  The Financial Management Service has a diverse mission that includes managing the infrastructure that supports the business processes of the government.  The Financial Management Service serves as both a utility for and a regulator of all agencies of the government.  The Commissioner has numerous responsibilities, especially including ensuring that FMS continues to evaluate and adapt its programs to the changing needs of its customers and the changing capabilities offered by advancing technology.  During Dr. Morris’ tenure as Commissioner, FMS received nine “Hammer Awards” from The Vice President for innovation in government -- more than any other Treasury Bureau. The Financial Management Service, U.S. Department of the Treasury.  Deputy Commissioner (1988 - 1991), and Assistant Commissioner (1980 - 1988).  The Deputy Commissioner is the Chief Operating Officer, with responsibility for day-to-day operations as well as overall budget execution.  Assistant Commissioners are the senior level program officials.  Dr. Morris’ program responsibilities as an Assistant Commissioner included the government’s central accounting and reporting processes, management of the government’s banking relations and government-wide cash management. U.S. Postal Service.  General Manager, Office of the Treasurer.  Dr. Morris was responsible for the processes for managing the Postal Service cash flow which involved some 32,000 Post Offices, 10,000 bank accounts and $20 billion in annual cash flow.  Dr. Morris was recognized nationally for innovative applications of then emerging electronic funds transfer capabilities to improve funds availability and reduce costs.  He represented the Postal Service as a Commissioner on the Congressionally created National Commission on Electronic Funds Transfer, and served on numerous assignments to government agencies -- including the President’s Reorganization Project -- to advise on financial management and business processes. Board of Governors of the Federal Reserve System. Analyst.  Dr. Morris served on the staff supporting the Federal Reserve’s initial efforts in the field of Electronic Funds Transfer, conducting research and analysis in support of the Federal Reserve Board’s deliberation of related policy issues. The Ohio State University.  Graduate Student and Graduate Assistant.  Taught and assisted in various undergraduate courses in the business school at Ohio State University, principally in finance, but including real estate and computer-based business simulation. The Huntington National Bank, Columbus, Ohio.  Assistant Cashier.   Mr. Morris managed the bank investment portfolio, and was the youngest officer of the bank. E D U C A T I O N     &    C E R T I F I C A T I O N S Ph.D.   Business Administration, The Ohio State University. Major:    Finance Minors:  Economic Theory, Money and Banking (Economics), Quantitative Methods. MBA   The Ohio State University. B.Sc.  Business Administration, The Ohio State University. OTHER Dr. Morris has taught various finance courses at both the undergraduate and graduate levels at The University of Maryland and Georgetown University, and Johns Hopkins University.  Courses include Management Accounting, Financial Management, Financial Institutions and Capital Markets, and Investment and Portfolio Management. Dr. Morris has studied Distance Education at the University of Maryland. Dr. Morris has published numerous articles in professional, learned and trade publications.  He is a frequent speaker at various public forums and has both chaired and presented in sessions at the annual meetings of the Financial Management Association. Dr. Morris is a Certified Government Financial Manager; a former member of the Federal Chief Financial Officers Council and several of its subcommittees, including the Grants Management subcommittee; and former co-chair of the State-Federal Cash Management Task Force.  He is a Director of the International Institute of Business Technologies, a not-for-profit research and educational organization.  He is Treasurer of the Annapolis, Maryland Chapter of Amnesty International, and is on the investment committee of the Unitarian Church of Annapolis.