Richard Gaumer

Richard Gaumer

Assoc Lecturer

WH 470B

Richard (Rick) K. Gaumer has a long and distinguished business and higher education.  He is currently serving as Interim Vice President for Business and Finance at Lyon College in Batesville AR while also doing extensive consulting in higher education with a number of institutions.

Mr. Gaumer has enjoyed a unique career with over 25 years’ experience in a variety of private sector financial leadership positions and over 35 years of part-time and full-time teaching experience in higher education. From 2014-18 he served as Vice President for Business and Finance for Emory & Henry College (EHC) in Virginia. Throughout his professional career, Mr. Gaumer has applied best practice solutions successfully from a Fortune 100-sized business [Kohler Co] to the higher education industry. Mr. Gaumer worked 11 years for Kohler Co in various positions, including a divisional controllership at a time when Kohler developed strategic plans and initiatives to recast its aged business model. He helped Kohler emerge as a global plumbing manufacturing company and concurrently worked to expand its world-class reputation in the hospitality industry. Later, Mr. Gaumer was a successful CFO for Strategic Data Systems (SDS) during the 1990’s when it grew to become a national leader in custom software systems for the property and casualty insurance industry. SDS eventually was sold to a larger systems organization and is now operated by CGI.

As CFO at Emory & Henry College, Mr. Gaumer was extremely successful. He negotiated and secured a $51 million USDA program low-interest (2.375%, fixed), long-term (40 yr) loan to refinance over $35 million of existing debt and finance a new housing complex. Also, Mr. Gaumer employed his ROI techniques and experience to define and launch several new Affinity programs for EHC including the new Marching Band program (over 100 new students in first three years). He was a 2017 nominee for the prestigious CFO of the Year Award from Virginia Business magazine in June, 2017. As an educator, Mr. Gaumer has taught for over 35 years. He has taught adult, online, and traditional students in areas of Finance, Accounting, Information Systems, and Leadership. Gaumer worked at Lakeland for 13 years, earning tenure in 2005 and awarded the prestigious Underkofler Outstanding Teaching Award in 2007. His innovation in curriculum design, adding a forensic accounting concentration, starting a large VITA student income tax civic program, and adding unique CPA and CMA exam preparation courses has paid substantial dividends for Lakeland. Under his leadership, Lakeland earned national Top 10 exam scores on the 2004 Uniform CPA exam, the top score of a candidate on the 2009 CMA examination, and saw a student win the national Elijah Watts Sells Award on the 2011 CPA exam (top 20 scores out of 100,000+ candidates). Accounting.com recognized Lakeland University as the #7 Online Accounting Program in the country in 2017.

Mr. Gaumer holds a master’s degree in Management from UW Milwaukee, a bachelor in business from Lakeland University, the CPA license (Wisconsin), and the Certified Fraud Examiner designation of the ACFE. He has taught extensively for Lakeland, UWM, Marian University, and UW-Green Bay.