A&T Taps Penn State Budget Chief to Serve as Vice Chancellor for Business and Finance

EAST GREENSBORO, N.C. (April 9, 2025) – A senior higher education financial leader who manages the operating budget of one of America’s most prominent doctoral research universities and has a history of successful leadership at one of the UNC System’s minority-serving institutions has been tapped as the new vice chancellor for Business and Finance and chief financial officer at North Carolina Agricultural and Technical State University, officials announced today.

Virginia A. Teachey, associate vice president for Budget and Finance at Penn State University, will join North Carolina A&T in mid-April, replacing longtime CFO Robert Pompey, who led the university to the highest bond ratings achieved by any historically Black college or university (HBCU). At Penn State – an R1, Association of American Universities member research university that holds the land-, sea-, space- and sun-grant designations – Teachey oversees a $9 billion budget for an institution of 88,000 students, including 49,000 students at its flagship campus in University Park.  

At A&T, she will manage all financial and business affairs for America’s largest HBCU, a land-grant institution that produces more Black STEM graduates than any other U.S. university and a research institution that earned $250 million contracts and grants over the past two years.

“Virginia understands what it takes to effectively manage an accomplished research university’s business and financial affairs, and we’re delighted that she will bring that expertise with her to East Greensboro,” said A&T Chancellor James R. Martin II. “As we build an exponential university, expanding at speed and scale, we need an experienced and future-focused leader with the ability to innovate and operate large, complex systems. Virginia is that leader.” 

Teachey has served in her current role at Penn State for more than three years, managing a team of roughly 175 staff professionals. Prior to that, she served as vice chancellor for Business and Administration at the University of North Carolina-Pembroke, a historically minority-serving institution.  

From 2010-19, Teachey was assistant dean for business and finance at North Carolina State University’s College of Engineering. She also held previous administrative roles at Ball State University. 

Teachey earned a B.S. in business administration from Northwood University in Michigan and an MBA from Anderson University in Indiana. She is also a graduate of the McKinsey Academy’s Black Executive Leadership Program, the UNC Executive Leadership Institute, the Fuqua School of Business Executive Education at Duke University and the Chancellor’s Strategic Transformational Leadership Program at N.C. State.