Chapel Hill, N.C. — The University of North Carolina at Chapel Hill on Thursday named a wealth management veteran as its new fundraising chief.
David Routh, a UNC-Chapel Hill alumnus, will begin Oct. 14 as vice chancellor for development. He is managing director of U.S. Trust/Bank of America Private Wealth Management in Raleigh and has spent 17 years handling the charitable interests of individuals and families.
"David Routh brings to our leadership team a unique combination of fundraising expertise, collaborative leadership, passion and aspiration for Carolina," Chancellor Carol Folt said in a statement. "He already knows a great deal about our development efforts on campus, and he has deep experience in the private sector that will be invaluable in leading our engagement with alumni and friends."
Routh served as director of gift planning at UNC-Chapel Hill from 2006 to 2009, during the later stages of the university's Carolina First campaign, which raised $2.38 billion over eight years.
His appointment comes more than a year after Matt Kupec resigned as vice chancellor for advancement amid a university audit of his travel records. The audit found dozens of questionable expenses, including trips to New Orleans, Nags Head, N.C., and New York and more than $1,100 in meals without any verifiable business purpose.
Tami Hansbrough, a UNC-Chapel Hill fundraiser and the mother of former basketball star Tyler Hansbrough, also resigned. Sources have told WRAL News that she and Kupec were dating at the time.
Kupec reimbursed the school for the trips, which totaled more than $16,000.