CHICAGO (June 8, 2010)—Erikson Institute, the nation’s leading graduate school in child development, has named Susan H. Wallace vice president for finance and operations.

“Joining an organization with an expanding mission and a clear focus within its field represents an exciting opportunity,” says Wallace. “That Erikson improves the care and education young children receive makes it incredibly rewarding as well.”

Previously, Wallace was vice president and chief financial officer at the Illinois Institute of Technology, where she oversaw annual and long-term financial operations and planning, managed investment portfolios, and supervised a team of 55 employees across multiple departments.

During her 30-year career, Wallace held similar positions at DePaul University and the Poetry Foundation. At DePaul, she managed annual investments that resulted in returns of 9.5% over five years while endowments increased 84%. She also directed a committee to implement and integrate its strategic and financial plans.

Erikson president Samuel J. Meisels notes that Wallace’s in-depth knowledge of strategic financial planning is a strong asset at a crucial time. “As we prepare to roll out our latest and perhaps most ambitious strategic plan, it inspires confidence to know we have Susan’s extensive experience to ensure a successful realization of our goals. Her ability to address the specific challenges that come with dramatic growth will help Erikson improve the lives of more children and families, in more ways than ever before.”

Wallace is a Certified Public Accountant and earned her MBA from DePaul University. She is currently a board member of Catalyst Charter Schools and a trustee of the Union League Club Boys and Girls Club.