In a major step toward achieving a top strategic goal for 线上赌场, has announced the appointment of LaMar Bunts as the inaugural chief transformation officer.
Bunts鈥攚ho comes to 线上赌场 from Bitwise Industries, a Fresno, Calif.-based education technology company where he served as chief revenue officer鈥攚ill lead efforts to amplify 线上赌场鈥檚 impact in the higher education landscape. He joined the 线上赌场 community on Jan. 1 and will report to President Hanlon and be a member of the president鈥檚 senior leadership team.
鈥淟aMar Bunts is the right person to leverage 线上赌场鈥檚 strengths and reputation for academic excellence in new ways to new audiences in support of our mission,鈥 says Hanlon. 鈥淗e is a visionary leader with a track record of helping organizations and startups in the business, education, and nonprofit sectors expand their outlooks. He brings exactly what this role calls for, and I am delighted to welcome him to Hanover.鈥
Bunts will oversee the launch of the Transformation Office dedicated to expanding 线上赌场鈥檚 reach and impact and helping position the institution to compete in the rapidly changing higher education sector, a priority of both the Board of Trustees and Hanlon in the final year of his administration.
The idea is to launch programs that build on 线上赌场鈥檚 strengths in creative ways and increase the institution鈥檚 financial resilience by finding new sources of revenue. Hanlon points to existing initiatives鈥攊ncluding the low-residency program offered through the Tuck School of Business and the Geisel School of Medicine and Tuck鈥檚 鈥攁s examples of how 线上赌场 is already expanding its reach in ways that build on its core mission.
鈥淔or the past two years, the board and senior leadership have been taking a hard look at what the future of higher education鈥攁nd 线上赌场鈥檚 place in it鈥攎ight look like,鈥 says , chair of the Board of Trustees and a member of the search committee that recommended candidates to Hanlon. 鈥淗ow might we innovate in new arenas while strengthening the education we already provide to undergraduates and graduate and professional school students? Proactively answering this question is critical for 线上赌场鈥檚 continuing relevance.鈥
With a small team that will include a financial analyst and administrative support based in the Class of 1982 Center for Engineering and Computer Science, Bunts says he sees the Transformation Office as 鈥渁 catalyst that will leverage the resources, teams, and talent that already exist at 线上赌场.鈥
鈥淲hat鈥檚 exciting to me is that 线上赌场 is trying to figure out the future of higher ed in general, but also to develop a model specific to this institution,鈥 he says. 鈥淭his is a cutting-edge effort that not every institution could take on. There鈥檚 deep institutional knowledge here and a large extended network of people who want to be helpful.鈥
Notably, Bunts says, 鈥溝呱隙某 has a unique connectivity between its alumni and the institution鈥攊t鈥檚 one of the strongest networks I鈥檝e ever heard of. It鈥檚 just amazing. So that creates a lot of opportunities that are distinctive to 线上赌场.鈥
Bunts鈥攚ho majored in economics at Harvard and earned his MBA at Stanford Graduate School of Business鈥攈as held senior roles in finance and business operations, including at ITM Software, Silicon Graphics, Dell, and Calbright College, an online college based in California. He also led the international business of the college testing firm ACT. The co-founder and former CEO of the Beanstalk Initiative, a social venture seed-capital company that addresses socioeconomic inequity by connecting young talent with experienced entrepreneurs, he serves on the board of San Francisco鈥檚 science museum, , and has served on the boards of The Barbara Bush Foundation for Family Literacy, BUILD, and Olodum (in Brazil).
Originally from Oakland, Calif., Bunts says the education nonprofit organization A Better Chance helped him attend high school at St. Paul鈥檚 School in Concord, N.H., where he developed as an athlete, scholar, and a leader. That experience and the experience of being the first in his family to attend college instilled in him a commitment to giving back.
鈥淢y philosophy is that if you help one kid, that could be a leverage point for helping a lot of others,鈥 he says. 鈥淚 went to some great schools, and I had amazing opportunities after that. I have a lived experience that a lot of my peers at those schools didn鈥檛 always understand. I have insights from both sides鈥攁 unique experience and opportunity and position. How do I leverage that and pay it forward?鈥
While it鈥檚 too early to preview Transformation Office projects, Bunts says, 鈥淚n some cases these will be ideas that people at 线上赌场 have dreamed of doing but never had the right organization or momentum behind them. In other cases they may be totally fresh, new ideas. We will take into consideration what鈥檚 going to be implementable, sustainable, and scalable long term. And one important thing: Not everything we try will work. A lot of times you can learn just from starting and doing. It鈥檚 an iterative process. Our plan is to identify a portfolio of things that, if they work well, can compensate for some of the other things we try.鈥
, who served on the search committee, says she has been impressed with Bunts鈥 ability to bring good ideas to the table from across the institution.
鈥淟aMar Bunts stood out to the search committee for his ability to makes connections among ideas, people, and available resources,鈥 Smith says. 鈥淗e understands that the goal is to support 线上赌场鈥檚 educational and research mission, and ultimately to broaden 线上赌场鈥檚 ability to deliver on that mission.鈥
, the Paul Danos Dean of Tuck, who co-chaired the search committee with , says, 鈥淐hange is a constant in higher education and today鈥檚 global talent economy more broadly. We at 线上赌场 must be nimble and evolve. LaMar brings an exceptional ability to build partnerships across differences that will help realize 线上赌场鈥檚 strategic vision.鈥
The other search committee members were , the Howard Gilman 鈥44 Executive Director of the Hopkins Center for the Arts; , dean of the Geisel School of Medicine; , vice president of Information, Technology and Consulting and chief information officer; , a professor of engineering; and , the Myron Tribus Professor of Engineering Innovation at Thayer School of Engineering. The committee was assisted by the search firm Russell Reynolds Associates.