DeVry Appoints Timothy Wiggins as CFO and Treasurer

DeVry, a global provider of educational services, has appointed Timothy Wiggins as senior vice president (SVP), chief financial officer (CFO) and treasurer. Wiggins will be responsible for all functions within the finance group including accounting, investor relations, tax and treasury, internal audit, strategy and business development, supply management, and real estate. He will report to Daniel Hamburger, president and chief executive officer (CEO).

Wiggins will assume his responsibilities on 3 January 2012. He succeeds Richard Gunst, who had previously announced his retirement. Gunst will remain with DeVry for a brief period following Wiggins’ arrival to aid in a smooth transition.

Previously, Wiggins was executive vice president (EVP) and CFO of Tellabs since 2003. In that role, he was responsible for leading all aspects of Tellabs’ global finance function, including accounting, treasury, audit, financial planning and analysis, risk management and investor relations. During his tenure, Wiggins oversaw the completion of several acquisitions that repositioned the company and drove its growth, while managing costs to maximize operating results.

Prior to joining Tellabs, Wiggins served as EVP and CFO for Chicago Bridge & Iron Company NV. He was also a managing director for Chicago Bridge & Iron Company BV, the company’s international operating subsidiary. During his tenure, the company completed a successful initial public offering (IPO), five acquisitions and the worldwide implementation of an enterprise management software system.

Wiggins began his career in 1979 with Deloitte Haskins & Sells, an international accounting and consulting firm and predecessor to Deloitte & Touche. He has also held various leadership and management positions including CEO of Autodie Corporation and CFO of Fruehauf Trailer.

Wiggins has served in leadership roles for the Goodwill Industries and Junior Achievement boards and as advisory director for Michigan National Bank. He holds a Bachelor of Science degree in accounting from Michigan State University. He is a certified public accountant (CPA).


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