Troy, N.Y. - Russell Giambelluca has been named assistant vice president for finance, financial planning, and services at Rensselaer Polytechnic Institute. Giambelluca assumes his position on Oct. 1.

Among Giambelluca's responsibilities will be developing annual operating and capital budgets, and budget forecasts. He will be enhancing Institutewide financial and budgetary standards and procedures. He also will train and oversee Rensselaer's financial, business, and budget personnel.

Giambelluca has more than 30 years of business and financial management experience in higher education and corporate settings. He comes to Rensselaer from the University of California, Berkeley, where he served as assistant vice chancellor-budget for seven years. There, he oversaw a $1.3 billion annual budget. Before that, he served for three years as director of college operations and administration at the College of Chemistry at the same university. From 1988 to 1993, Giambelluca was senior division administrator at the California Institute of Technology in Pasadena.

Giambelluca earned his B.S. in Metallurgy and Materials Science at Carnegie Institute of Technology and an MBA at California State University at Los Angeles. He began his career as a research engineer, providing research and consulting services in metallurgy to all operating companies of Gulf Oil Corporation worldwide.

"Mr. Giambelluca is a thoughtful and seasoned budget professional who is well-regarded for his success in training and educating financial managers at several other major research universities and companies," says Virginia Gregg, vice president for finance at Rensselaer. "He will be a wonderful addition to the finance portfolio and to the Rensselaer community in general."

Contact: Jodi Ackerman
Phone: (518) 276-6531
E-mail: N/A