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Loyola University New Orleans Announces Vice President for Business and Finance Appointment

Loyola press release - November 3, 1998

(New Orleans)—Rev. Bernard P. Knoth, S.J., university president, announced today the appointment of Rhonda Delrie Cartwright as Vice President of the Division of Business and Finance. The appointment becomes effective November 16, 1998.

A native of Alexandria, Louisiana, Cartwright replaces John Eckholdt who retired in July after a distinguished 31-year tenure with the university as vice president of the Division of Business and Finance.

Cartwright’s career in financial management spans 24 years, of which the last 18 years have been as an executive in the banking industry. She comes to Loyola from First Commerce Corporation where she has spent the last five years in the role of a senior vice president - first as segment manager for the business banking client group and most recently as director of compensation and benefits.

While at First Commerce, she was responsible for the statewide coordination and standardization of First Commerce’s compensation and benefits packages. This included the management of all levels of executive and employee compensation, as well as the custom design and implementation of incentive programs.

As segment manager for the business banking client group, Cartwright was responsible for the statewide planning for the Business Banking customer segment which focused on coordinating strategies in client segmentation, product design, marketing, data base development and training.

Prior to moving to New Orleans, she spent 13 years at Rapides Bank and Trust, First Commerce’s affiliate bank in Alexandria, Louisiana where she held positions of increasing responsibility and authority beginning as an auditor and ultimately was named senior vice

president. As senior vice president at Rapides Bank and Trust, she was responsible for the management of the bank’s investment portfolio and served as the chairman of the asset and liability committee.

Cartwright began her career with the State of Louisiana Department of Revenue and Taxation in Alexandria as an auditor. She holds a master of business administration degree from Northwestern State University and a bachelor of science degree in accounting from the University of Southwestern Louisiana.

Cartwright is involved at the national level with the Bank Administration Institute (BAI) and has served as Chairman of their Pay for Performance Conference for the past two years. She has served on various BAI panels to discuss trends in banking. She has been a requested speaker at several other national conferences. While in Alexandria, Cartwright served as a board member of the YWCA, Salvation Army, Girl Scouts of America, and the Louisiana Council on Child Abuse.

In making the announcement, Fr. Knoth said, "I am impressed with Mrs. Cartwright’s career in the banking industry. Her extensive experience in the financial management of both the human resources side of institutions and their clients and customers as well as her solid experience in portfolio management will be a tremendous asset to Loyola and will help to serve the university well. This will ensure that the university’s sound financial management practices are continued. Ms. Cartwright brings to Loyola the nexus of skills and talents the university needs to continue and expand on the foundation built by Mr. Eckholdt and his staff. It is an exciting time at Loyola, and I am confident Ms. Cartwright will be an exceptional member of the leadership team."

In accepting the position, Cartwright said, "I am excited about joining Loyola and I look forward to the challenge of a new career experience."

Based on the heritage of Catholic Jesuit higher education in Louisiana since 1849, Loyola University New Orleans was chartered in 1912. Today, the university serves approximately 5,500 undergraduate and graduate students. The university is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools.