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Chief Advancement Officer (CAO) - Chicago Illinois
Company: Homeword Location: Chicago, Illinois
Posted On: 01/23/2025
Chicago Booth is searching for a Chief Advancement Officer (CAO). This position reports to the Dean of Chicago Booth and is part of the school's senior leadership. The CAO is responsible for the strategy and day-to-day execution of Advancement's mission - to broaden and strengthen alumni engagement, thereby supporting the school's philanthropic needs and broader business goals. Managing a global team of over 75 staff, the CAO oversees the functioning and integration of all Advancement functions, including fundraising (annual fund, leadership giving, major and principal gifts), alumni engagement, and advancement operations (analytics and business intelligence, campaign management, communications, donor relations, events, operations, project management, and prospect development). The CAO balances an internal and external role, with more than fifty percent focused externally on fundraising initiatives. Internally, the CAO directs a large team to ensure ongoing success. The CAO collaborates closely with the V.P. of Alumni & Development at the university to ensure team alignment and coordination on fundraising strategies, policies, campaigns, and trustee engagement. The CAO serves on the Booth Management Group (BMG) and ARD's Senior Leadership Team (SLT). Areas of ResponsibilityPRINCIPAL DUTIES AND RESPONSIBILITIES: - As a member of Booth's senior leadership and the Booth Management Group (BMG), contribute significantly to school-wide strategy and key performance indicators. Communicate strategies internally and work closely with all BMG partners (Booth departments and centers) to leverage alumni to execute Advancement and school-wide priorities successfully.
- Build strong relationships with Booth faculty and understand the faculty culture at Booth, relying on faculty to participate in key Advancement activities.
- Lead and develop, through the Advancement Senior Team, an organization of more than 75 staff in multiple global locations; set the department's strategic direction regarding overall business objectives, talent management/workforce planning, and budget.
- Motivate, inspire, and bring energy to the entire Advancement team. Mentor staff individually as well as by meeting with teams and cohort groups.
- Create, direct, administer, and evaluate integrated alumni engagement and fundraising strategies, applying best practices across all key markets.
- Lead the planning and execution of a strategic global alumni engagement plan, overseeing all elements of alumni engagement.
- As chief development officer, cultivate, solicit, and steward a portfolio of principal gift prospects and contribute significantly to the School's fundraising success.
- Ensure the prioritization of a major gift prospect pipeline development process.KNOWLEDGE, SKILLS AND EXPERIENCE:
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