Dear Finance Team, 

I wanted to take a moment to share some bittersweet news: Matt McCabe, Executive Director of the Office of Risk Management and Insurance (RMI), will be retiring from MSU on August 1st. During his remarkable 17-year tenure, Matt has left an enduring legacy at MSU.

Matt’s distinguished career spans more than four decades working in risk management, insurance brokerage, and casualty underwriting. As Executive Director of RMI, Matt's responsibilities encompassed a broad spectrum of areas including property and liability risks, self-insurance and insurance programs, actuarial services, loss control programs, claims administration, and coordination of damage assessment for the University. Under his leadership, RMI significantly expanded its annual consultations, providing invaluable guidance to university stakeholders. Matt was instrumental in restructuring MSU's self-insurance and insurance frameworks, which included establishing a captive insurance company to manage liability risks. His initiatives, such as implementing qualification standards for university-owned vehicle operations and supporting campus units in dedicated risk management roles, have markedly enhanced our operational safety and efficiency. Before joining MSU in 2007, Matt served as the Risk Manager for Volkswagen of America. 

Join me in congratulating Matt on his retirement!

Lisa