Brad Kelsheimer

Articles by Brad

Brad Kelsheimer served as vice president for finance and investments, and chief financial officer for Lumina from 2017 to 2022.

Previously, Kelsheimer spent more than 20 years in executive financial roles in both for-profit and nonprofit organizations including DePauw University. Kelsheimer started his career in public accounting at the firm now known as PricewaterhouseCoopers (PwC) and later served in various finance and operations roles at General Housewares Corp., a multinational, NYSE-listed manufacturer and distributor of consumer products. He also served as vice president for finance and administration at Rose-Hulman Ventures in a technology commercialization and seed-stage investment role before transitioning to an administrative role at the Rose-Hulman Institute of Technology.

Kelsheimer’s background includes experience in institutional investment oversight, higher education administration, technology commercialization, private equity venture investing, merger and acquisition support, financial reporting, corporate treasury responsibilities, and board governance. He also has served on for-profit and nonprofit boards with emphasis on technology commercialization, economic development, investment oversight, and community building. He serves on the Investment Committee of the Independent Colleges of Indiana and the boards of the Indy Chamber and Edovo Inc.

Kelsheimer holds a bachelor’s degree in accounting from the University of Illinois, a master’s in strategic management from Indiana University, is a Certified Public Accountant, and holds a certification in Investment Foundations from the CFA Institute.

More from Brad

Higher education’s $50 billion problem

At a time when society needs it more than ever, higher education in the United States is in crisis.     Costs to students and their families continue to rise, states are questioning their level of investment, quality is eroding, racial attainment gaps are increasing, operating deficits at the institution level are accelerating, schools are closing, and the nagging crack in the reputation of the post-high school education system widening.

From a former higher-ed finance leader with three daughters in college: Here’s why I’m optimistic

For all who care about higher ed, it’s hard to imagine a worse set of health and economic challenges than what we face today. But there’s also room for optimism about how we might emerge with an education system that serves everyone better. Here are the three rays of hope – call them opportunities, maybe – that I see amid the gloom.

Endowments, foundations face their own challenges

Endowments and foundations face some unique and unprecedented challenges as a result of the COVID-19 pandemic. While most had prepared for some kind of market downturn following a record-long bull market, the closure of universities and the subsequent loss of revenue from room and board, tuition and other sources of revenue such as sporting events have created previously unforeseen pressures.