Hartford Business Journal

www.HartfordBusiness.com • May 6, 2019 • Hartford Business Journal 23 www.HartfordBusiness.com • May 6, 2019 • Hartford Business Journal 23 C-SUITE AWARDS 2019 the institution has more than doubled, operational surplus has increased, and the college has gone from sustainable to successful," Scheinberg said. Today, the in- stitution is valued at $200 million in assets and rests "comfortably in the black year af- ter year," Schein- berg added. "In the non- profit world, if you don't oper- ate like a busi- ness with clear metrics and don't have an intention of having a sur- plus, you're not going to be sustain- able," Scheinberg said. Meyer achieves this delicate balance by being fiscally conservative, relying on his team's expertise, and knowing at all times how the college is doing financially. "He has his fingers on the pulse of what's going on," Clark said. "And the team he's built, they're not only good, strong employees, but they're devoted to him." Meyer supports development initia- tives by working closely with two key employees he hired, Comptrol- ler Bryan Soltis and Teresa Jylkka, senior director of finance. Together, they ensure that any major invest- ments or deci- sions the college makes are fiscally sound. He also relies on general counsel and law- yers specialized in development to make sure proj- ects are viable. A $10 million advanced-manu- facturing annex now under construction and due to be complete by Jan. 2020 will allow stu- dents from Connecticut River Acad- emy High School to take advanced- manufacturing courses at the college. Another project the college will be de- veloping over the next two years is a $9 million mixed-use, commercially leased property at Ensign and Main streets, near the college's entrance, which will include retail and restaurants. A later phase will include student housing. These projects, which involve ac- quiring properties in the surrounding area, fit into a master plan for the col- lege to be a "a one-stop shop for a self- contained community," Meyer said. "You want the organizational infra- structure to be sustaining for years to come, so (the projects are) set up to protect risk, operations and the core functions of the college," he said. Although Meyer initially didn't think he'd stay at Goodwin College, perpetu- ating fiscal stability there has become a personal mission, he said. "What makes my role so intriguing," he explained "is working in the broad range of areas we operate in, whether it's real estate development (or) a food bank on campus for students. Everything is ori- ented toward our students and what the campus community might need." to our Chief Financial Officer, Eddie Meyer, on your Hartford Business Journal 2019 C-Suite Award. A richly deserved recognition of all you do for all of us! Congratulations With pride from your family at ON THE JOB Guiding business principle: Keep it simple. Students always come first. Best way to keep your competitive edge: Trusting in yourself and fellow team members Best business decision: Surrounding myself with a team that believes in the mission and vision of Goodwin College. Goal yet to be achieved: Execution of the Goodwin College master plan Personal touch in your office: Generally speaking, I constantly remind those around me of my gratitude and appreciation for their incredible hard work and dedication to our students and mission. PERSONAL SIDE: City of residence: Wethersfield Favorite way to relax: Spending time with my wife and three daughters Hobbies: Soccer, golf and tennis Last vacation: Ireland to visit my family Favorite movie: "Bourne Identity" The car you drive: Honda Pilot Currently reading: "The Enneagram of Parenting," by Elizabeth Wagele Favorite cause: National MS Society Second choice career: Professional soccer player or coach "During Eddie's tenure, the value of the institution has more than doubled, operational surplus has increased, and the college has gone from sustainable to successful." Mark E. Scheinberg , President, Goodwin College

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