Murphrey New System VP

Ernest G. Murphrey, associate vice chancellor for financial services, will become vice president for finance of the multi-campus University of North Carolina, effective April 5.

As chief financial officer, Murphrey will act for UNC’s president in all financial matters, overseeing a budget of $7.4 billion. He will provide staff support for the UNC Board of Governors’ Committee on Budget and Finance; work closely with the board, president and other senior staff members to develop policies and programs; and help represent the system before various legislative and government groups.

Murphrey has more than three decades of university experience at both the campus and system levels. In his current position, Murphrey oversees NC State’s Financial Services Division. Before joining NC State in 2001, he served for nearly four years as vice chancellor for business and finance at Elizabeth City State University. He previously held financial management positions at UNC-Chapel Hill (1978-81), NC State (1981-89), the Board of Regents for the University System of Georgia (1989-93) and the Georgia Institute of Technology (1993-97). Murphrey holds undergraduate and master’s degrees in business administration from the University of North Carolina at Chapel Hill.