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Demaray named new associate vice president for finance

CLARKSVILLE, Tenn. — Sherry L. Demaray, has been named Austin Peay State University’s associate vice president for finance, effective Oct. 17.

CLARKSVILLE, Tenn. — Sherry L. Demaray, has been named Austin Peay State University’s associate vice president for finance, effective Oct. 17.

Demaray will oversee the operations of the finance office, procurement and contract services and auxiliary support services. This includes managing the budgets for areas of responsibility, bank and investments, wiring of funds, preparing budgets for auxiliary services, preparing year-end financial reporting to the Tennessee Board of Regents, foundation accounting and reporting, managing the university-wide risk assessment and ensuring integrity of university financial systems.

A veteran of higher education administration, finance and planning, Demaray previously served as vice president for finance for Lake Superior State University in Sault Ste. Marie, Michigan, where she was responsible for business operations, purchasing, human resources, risk management, bookstore and University facilities. A member of the president’s cabinet and treasurer to the board of trustees and the LSSU Foundation, Demaray played an integral role in the development of the University’s Strategic Plan and in its last successful re-accreditation by the Higher Learning Commission. Demaray led the campus through its 20-year master planning process and was the lead team member for capital outlay projects.

Demaray has significant financial experience in the private sector, including working as a treasurer for Tendercare Inc, the largest provider of long-term care in Michigan. In addition, she also served as an assistant controller for Bay Mills Indian Community, as well as an accountant and senior auditor for Gavigan Burkhart Freeman & Co., a Michigan-based public accounting firm.

Most recently, Demaray owned her own company, Strategic Logic Business Consulting, LLC., specializing in strategic business organization and planning, change management, project management, accounting and business solutions.

“I could not be more proud to have been selected for this opportunity,” Demaray said. “The growth potential of the university, professionalism of the staff, and the comfortable small campus feel made moving to Tennessee one of the easiest decisions I have made. Everyone has been very welcoming, and I’m excited to be part of the APSU team and officially a ‘Gov’.”

Demaray earned a Bachelor of Science in accounting and a Master of Business Administration from Lake Superior State University. She is also a certified public accountant in the state of Michigan.