Garnering over 40 years of professional experience in corporate finance, operations and risk management, Donald P. Lofe Jr. has served as the president and chief transformation officer at Westminster College in Fulton, Missouri, since 2021, having formerly excelled as interim president during the 2020-2021 fiscal year. Lauded for his transformational impact on Westminster College, he has continued to focus on driving cultural and operational changes within the institution. In the coming years, Mr. Lofe endeavors to continue advancing the scope of the academic institution. He is working on implementing a detailed and strategic plan to continue building a sustainable, transformational future, as well as related financial and operational initiatives.
Mr. Lofe is an alumnus of Westminster College and previously served the college in numerous roles, including on its board of trustees for eight years in various capacities, such as board chair. Currently, he serves on the board of trustees as an ex-officio member. Prior to his appointments at Westminster College, Mr. Lofe was a partner and the chief risk officer for global business services, mortgage and lending solutions at IBM in San Ramon, California. Earlier in his career, Mr. Lofe served in several senior executive roles in the areas of insurance, community lending, and finance and mortgage services on domestic and international scales. Furthermore, he was a partner with PricewaterhouseCoopers, where he specialized in financial services, insurance, and private and public higher-education clients, and was the engagement partner for The Progressive Corporation.
Before embarking on his career, Mr. Lofe pursued a formal education at Westminster College, receiving a Bachelor of Arts in accounting and political science in 1979. He later went on to accept the Lifetime Alumni Achievement Award from his alma mater in 2011. He also earned a Master of Business Administration in finance and business policy from the University of Chicago School of Business in 1992 and proceeded to become a certified public accountant through the American Institute of Certified Public Accountants. In addition, he is CGMA and COSO Certified.
Mr. Lofe serves on the board of directors of the Callaway County Chamber of Commerce, the Missouri Colleges Fund Inc. and the International Churchill Society. He is also a member and the vice chair and secretary of the President’s Council of the St. Louis Intercollegiate Athletic Conference. As a testament to his resounding success in the field, Mr. Lofe was named among the 100 Most Influential People in Finance by Treasury and Risk Magazine in 2010. He was also inducted into the Association of Churchill Fellows of Westminster College and the Westminster College Athletics Hall of Fame in 2022.
