Executive Vice President Hof Milam announces plans to retire

For the past 12 years, Executive Vice President Hof Milam has overseen the University’s financial and administration operations.

Today, he announced his planned retirement as executive vice president and chief financial officer for June 30, 2023.

In addition to the University’s financial operations, Milam’s portfolio includes human resources and sustainability, facilities and campus services, information systems, real estate, and hospitality and auxiliary services.  

“Hof has been an exceptional leader at Wake Forest,” said Wake Forest President Susan R. Wente. “The scope and impact of his work on this campus is tremendous. I am particularly grateful for his essential role in the University’s successful navigation of the significant operational and economic challenges of the pandemic.” 

Before joining Wake Forest in 2010, Milam was vice president for finance and treasurer at Duke University. Prior to his tenure at Duke, Milam was senior vice president, chief operating officer, and chief financial officer at QualChoice of North Carolina, the HMO affiliated with Wake Forest Baptist Medical Center, as well as earlier serving as assistant dean for planning and resource management at the Wake Forest University School of Medicine.  

Milam earned two degrees from Wake Forest, a bachelor of science degree in accounting and an MBA.

“Hof has worked tirelessly to translate the University’s commitment to the education of the whole person into excellent resources, facilities and services that support the physical and financial well being of all our community members,” said Provost Michele Gillespie.

Under his leadership, the University has launched a variety of strategic initiatives, implemented innovative and efficient business processes, invested resources in sustainability, and built and renovated many academic, residential and athletic spaces.

“I am entering the 47th year of my professional career and have been fortunate that almost 26 years have been with Wake Forest, first at the School of Medicine and most recently on the Reynolda Campus,” Milam said. “I am especially grateful for the opportunity to work among so many smart, talented, and dedicated people.”  

President Wente will launch a national search for the next executive vice president in partnership with the executive search firm, Russell Reynolds Associates. More information about the search process and timeline will be forthcoming.

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