Mercurio Appointed as College’s New Vice President
November 18, 2013
Quincy College has welcomed Joseph Mercurio as its new vice president for administration and finance.
Mercurio has considerable experience in higher education administration, having spent 38 years at Boston University, the last 16 as executive vice president. During his tenure, Mercurio saw the annual budget at Boston University grow from $89 million to more than $2 billion. He was leader in transforming Boston University from a regional commuter school to a nationally ranked research university with a residential student population. He is also recognized as the man who planned and directed the largest expansion of the Boston University campus.
He began his association with Boston University in 1973, as associate budget director, and throughout his career served in positions of increasing responsibility, including vice president and comptroller, vice president of business affairs, senior vice president and executive vice president.
The B.U. Board of Trustees named Mercurio to the post of executive vice president in January 1995. His responsibilities included the direction of all non-academic programs and service and support activities of the university, as well as the University’s planning, business, finance and human resource functions, insurance management, intercollegiate sports, government and community relations, enrollment management and various commercial activities with which Boston University is associated. During each year of Mercurio’s tenure, Boston University achieved annual surpluses.
Mercurio presided over and gave direction to the planning and development of new facilities for academics, research laboratories, housing and recreational and commercial uses, with a value of almost $2 billion. Many of the University’s projects during this period received national acclaim.
“Joseph Mercurio’s extensive experience in administration, finance and operations, as well as policy formulation, matches extraordinarily well with those areas which will be under his purview. In addition, his broad experience in innovative institutional expansion and his entrepreneurial vision will make him an invaluable asset as we plan for the future of Quincy College,” Quincy College President Peter H. Tsaffaras said.
In accepting this appointment, Mercurio noted, “I am excited to be joining the leadership team being assembled by President Tsaffaras as Quincy College continues its important educational mission and continues the pursuit of excellence. Quincy College has been a well-kept secret, which we hope to reveal to the entire metropolitan area.”
Mercurio is a Massachusetts native and a graduate of Boston University and now lives in Cohasset.