Ed Walton named USCís chief financial officer
Edward L. Walton, a CPA with an extensive background in accounting, finance and administration, has been named chief financial officer for the University of South Carolina. Walton succeeds Dr. William T. (Ted) Moore, who resigned to become provost at Georgia Southern University.
USC President Harris Pastides said Walton’s knowledge of the university, particularly the administrative and financial operations, makes him an ideal choice to oversee the financial and budgetary matters for the eight-campus system.
“I have worked closely with Ed Walton for 10 years, in my role as dean, as vice president for research and health sciences, and as university president,” Pastides said. “His fiscal prudence, his integrity, and his deep knowledge of budgetary and financial matters at the university have earned him the respect and admiration of colleagues across the campus. I am delighted that he has agreed to take on these new responsibilities.”
Walton, a Columbia native, joined USC in 1997 as director of Cost Accounting and became director of Cost and Contract and Grant Accounting later that year. In 1999, he was named chief financial officer of the USC Research Foundation. In 2003, he was named director of administration and finance for the Division of Research and Health Sciences and chief financial officer of the Research Foundation with responsibility for managing a staff of 20 professionals and a systemwide grants program that now exceeds $200 million in annual awards.
In 2008, he joined the Office of Academic Affairs and Provost as associate provost for finance and administration. In July 2009, he became associate vice president for operations, with responsibility over university financial systems for accounting and collections, in addition to serving as CFO of the Research Foundation and Health Sciences South Carolina.
Walton is a graduate of A.C. Flora High School and summa cum laude graduate of St. Leo College in Tampa., Fla. A veteran of the U.S. Air Force, he holds memberships in the American Institute of Certified Public Accountants, the Government Finance Officers Association and the National Council of University Research Administrators.