Schantz named CFO of the Year

Doug Schantz, executive vice president for finance, facilities and operations at Clark State College, has been named a 2026 CFO of the Year by the Dayton Business Journal. The award recognizes his strategic decision-making, financial stewardship and leadership that contribute to the success of Clark State and the region.

“Doug’s leadership reflects the kind of thoughtful financial stewardship that allows Clark State to remain focused on its students and its mission,” said Evon Walters, Ed.D., president of Clark State College. “He brings a deep understanding of higher education finance and a student-centered approach to every decision. His leadership has helped position the college for long-term financial stability and strategic growth. We are proud to see his leadership recognized.”

Schantz has more than 29 years of experience in higher education including more than six years of leadership at Clark State. In his current role, he provides oversight of the college’s approximately $37 million annual operating budget, as well as its facilities, human resources and business operations. He also oversees the Clark State Performing Arts Center, the Hollenbeck Bailey Creative Arts and Conference Center and the Commercial Transportation Training Center. Under his direction, the college has maintained a strong financial position while making strategic investments in programs, facilities and services that support students and regional workforce needs. That financial strength was reaffirmed most recently with Moody’s Ratings’ reaffirmation of Clark State’s stable financial outlook and its A2 credit rating.

Beyond financial management, Schantz has helped advance partnerships and operational strategies that support Clark State’s long-term goals. Among these efforts is the integration of the Global Impact STEM Academy facility on Clark State’s campus, providing high school students with hands-on STEM learning opportunities, direct access to Clark State’s College Credit Plus courses and greater exposure to the college experience.

Schantz is also active in the community, bringing his financial and organizational expertise to several regional organizations. He currently serves as president of the HUB International HEALTH Consortium, chair of the Springfield Regional Energy Special Improvement District, a member of the Springfield Foundation’s Investment Committee and a member of the Board of Directors for Mental Health Services for Clark and Madison Counties.

Schantz’s professional and community contributions have earned recognition from the Ohio House of Representatives, Wittenberg University, the National Association of College and University Business Officers and the American Cancer Society, Ohio Division.

“I’m honored to receive this recognition,” said Schantz, who is a lifelong resident of Springfield. “For me, strong financial management is about much more than balancing a budget. It gives Clark State the ability to invest strategically, respond to the changing needs of our students and employers, and make thoughtful decisions that strengthen the college for the long term. I’m proud of the financial stability we have built at Clark State and of the role it plays in creating opportunities for students and supporting the communities we serve.”

Schantz earned his bachelor’s degree in business management, organizational leadership and Russian area studies from Wittenberg University and a master’s degree in business administration from Western Governors University.