March 6, 2013

BERKELEY - Laura Hazlett, who has served as Chief Financial Officer for Cal Athletics for almost four years, has accepted a new position as Senior Vice President for Finance and Administration for California College of Arts (CCA). She will remain with the department through early June before beginning her new role.

"Although we will miss Laura and her valuable service to our department, this is an incredible opportunity at this point in her career and I am proud that we have played a role in helping her get to this next level," Director of Athletics Sandy Barbour said. "We take pride in hiring and developing talented people at Cal Athletics, who are often sought after for new opportunities. I'd like to thank Laura for her excellent work with Cal Athletics and wish her the best of luck in her new position. She's played a vital role in our successes and we are appreciative of her dedication to Cal, our student athletes and our community."

Hazlett will oversee the areas of financial services, operations and human resources at CCA, which has campuses in both Oakland and San Francisco. Reporting to the president, she will provide strategic counsel around CCA's capital needs and will help drive the future development of CCA's San Francisco campus. Hazlett will also act as liaison between the administration and the Board of Trustees, particularly with the Finance/Audit and Investment committees.

While at Cal, Hazlett was instrumental in overseeing and leading a reorganization of the athletic department's business and finance office, bringing accuracy, timeliness and transparency to financial reporting. Laura served as the financial point person for implementing the capital project plan for the renovation of Memorial Stadium and the construction of the Simpson Center. Additionally, she has helped strengthen partnerships with campus administration, key faculty stakeholders and the donor community, as well as played a significant role in Cal Athletics meeting its budget and producing a clean audit report in each of her years as CFO.

As a sports supervisor for men's soccer, men's golf, and men's and women's tennis, Hazlett played a vital role in launching the Cal Tennis Campaign for improvements at the Hellman Tennis Complex and has broadened donor engagement in the men's golf program. Hazlett will remain at Cal into early June to see her sports through their postseason competition and also to help prepare for the 2013 fiscal year financial close.

Cal Athletics will undertake a thorough search and expects to identify Hazlett's replacement prior to her departure.