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Administrative Organizations

The Business Affairs organization is led by Randy Livingston, Vice President for Business Affairs, Chief Financial Officer and University liaison for Stanford Medicine. Randy reports to Stanford's President Marc Tessier-Lavigne.

Business Affairs includes many of the administrative organizations that support Stanford's academic mission including: Office of Research Administration, Financial Management Services (Controller's Office, Treasurer's Office, Purchasing & Payment Services, Global Services, and Financial Management Consulting & Services), University IT (Administrative Systems, Information Technology, Information Security Office and Shared Services), Office of the Chief Risk Officer (Internal Audit Services, Compliance & Ethics, Enterprise Risk Management, Privacy and Risk Management), Business Development, and Human Resources for Business Affairs.

The Office of the Vice President for Business Affairs and Chief Financial Officer coordinates activities, people, facilities and finance for the entire Business Affairs organization.  In addition to the VP & CFO, it includes the AVP for Business Development, the AVP for Business Affairs Finance and Facilities and a Senior Financial Analyst.

Financial Management Services

Financial Management Services (FMS) provides a business ecosystem that cultivates a simplified financial landscape to address the evolving needs of the community while safeguarding the university. The organization’s vision is to inspire and enable excellence in financial stewardship

University IT

University IT (UIT) is the university's central technology organization. It is dedicated to being the world's leading higher education IT organization, partnering with faculty, staff, students and alumni to advance Stanford's unparalleled research, teaching, learning, and healthcare mission. UIT delivers broad IT services and support in the areas of research computing, enterprise business applications, communications, information security,  IT facilities, and more.

Office of Research Administration

The Office of Research Administration (ORA) provides an array of services for sponsored projects administration at Stanford University. ORA collaborates with multiple central and school partner groups to help deliver effective research administration services, systems, policies, and processes. The premier function of ORA is to ensure Stanford is fully compliant with sponsor terms and conditions, University policies, and federal regulations and requirements.

Office of the Chief Risk Officer (OCRO)

The Office of the Chief Risk Officer (OCRO) strives to be a valued partner and advisor to management, faculty, and the Audit, Compliance and Risk Committee of the Board of Trustees.

Improvement, Analytics, and Innovation Services

Improvement, Analytics, and Innovation Services identifies, prioritizes, and launches projects that measurably improve Stanford's business processes and services by looking broadly across the institution and through collaboration with university partners. We strive to create, instill, and sustain a business improvement discipline throughout Stanford that delivers transformed and efficient processes and services through a structured, data supported approach.

VP Business Affairs & CFO Office

The Office of the Vice President for Business Affairs and Chief Financial Officer coordinates activities, people, facilities and finance for the entire Business Affairs organization. In addition to the VP & CFO, it includes the AVP for Business Development, the AVP for Business Affairs Finance and Facilities and a Senior Financial Analyst.

VP Business Affairs & CFO Office – Business Development

Business Development evaluates and implements new business opportunities presented to the University, evaluates investment opportunities for the President’s Venture Fund, manages the policies governing use of the Stanford's name and trademarks, and completes the strategic assessment of business issues facing the University on behalf of the Vice President of Business Affairs.

VP Business Affairs & CFO Office – Finance and Administration

Finance and Administration manages finance and budget, human resources and facilities for the Business Affairs organization.   The group oversees the Fringe Pool, the SGG Project Fund and the Insurance Budget; and manages the Stanford Alternative Work locations in the Bay Area.  The HR team coordinates a robust talent development program.


VP Business Affairs & CFO Office – Human Resources

The Human Resource team for Business Affairs is responsible for providing strategic HR guidance and consulting for the staff, management and leadership within the Business Affairs organization. The HR team supports a high-performance culture that emphasizes the following; Achieving excellence in all that we do, Expecting the highest levels of integrity, Supporting lifelong learning, Promoting open, honest communications and a respectful workplace, Championing diversity in all of its many forms, Driving for quality results, and Supporting the mission and values of Stanford University