New York, NY (May 13, 2013) — Stuart Klein has been appointed Vice President and Chief Financial Officer at New York Law School (NYLS), announced Anthony W. Crowell, Dean and President of the Law School. Klein, who joined the Law School on April 22, 2013, is responsible for the budget, finance, business operations, and human resources functions.
“We are so pleased to welcome Stu to the Law School,” Dean Crowell said. “He brings 35 years of extraordinary experience to this role and will play an integral part of the NYLS leadership team as we work to reintroduce the Law School, differentiate it, and lead it to new success.”
Klein served as First Deputy Budget Director for New York City’s Office of Management and Budget (OMB) from 1996 and 2011, working closely with its Director and senior Mayoral staff to manage the development, presentation, implementation, and monitoring of the City’s $70 billion Budget and Four Year Financial Plan. He helped develop strategies to manage long-term budget imbalances including expense reduction programs, asset sales and other revenue solutions. Klein also oversaw initiatives to improve the transparency of the City’s financial statements; represented the Mayor on the City’s Audit Committee; and worked closely with independent auditors in their review of the City’s financial statements. In addition, he managed OMB’s review of labor contracts and associated health benefit and pension costs for the City’s 550,000 employees and retirees.
“I am honored to join Dean Crowell and the NYLS team. The School’s motto of ‘We are New York’s law school’ perfectly reflects the unique position it has in the legal life of our great city,” Klein said. “I look forward to working with the faculty, staff, trustees, students and alumni to chart the next phase in the Law School’s history.”
“Stu Klein served New York City for 35 years, including a 15 years as First Deputy Director of the Office of Management and Budget during the most challenging economic times the City has faced in decades,” said New York City Deputy Mayor for Operations Cas Holloway. “Stu’s efforts were critical in enabling the Bloomberg Administration to deliver on-time, balanced budgets while maintaining and improving the services New Yorkers need. I am confident he will help take New York Law School to new heights during this transformational period as an institution, and in the legal profession.”
Prior to serving as OMB’s First Deputy Budget Director, Klein served as its Associate Budget Director for Capital Management Systems and Non-Tax Revenue. He also served as Chief of the Bureau of Accounting and Management Systems at the City Comptroller’s Office. Immediately prior to joining the Law School, Klein worked as a consultant; his clients included the Citizens Budget Commission. He also served on an independent commission advising the new Suffolk County Executive on the condition of the county’s budget.
“Stu Klein is a consummate professional with tremendous fiscal skills and even more importantly, excellent judgment and insight. He will be a great member of the senior team at New York Law School,” said Carol Kellerman, President of the Citizens Budget Commission.
Klein has been an adjunct associate professor of public administration at New York University’s Wagner Graduate School of Public Administration. New York Law School will take advantage of Klein’s background and expertise by involving him in programs for students, alumni and the broader New York community, including those sponsored by the Center for New York City Law, the Center for Real Estate Studies and the Center for Business and Financial Law.
Stuart holds a B.S. in Public Accounting from SUNY Albany.
About New York Law School
Founded in 1891, New York Law School (NYLS) is an independent law school located in the heart of New York City’s legal, government, financial, and emerging tech centers. Known as “New York’s law school,” NYLS embraces the City as its classroom by complementing a rigorous legal education with an innovative and diverse set of “uniquely New York” experiential learning opportunities. Since opening our doors more than 120 years ago, NYLS graduates have gone on to hold high elected and appointed office in the City, lead large and small firms, and gain broad recognition as captains of business and industry. Our renowned faculty of prolific scholars has built the School’s strength in such areas as constitutional law, civil and human rights, business and finance law, media and information law, tax law, real estate, and a number of interdisciplinary fields. NYLS has more than 15,000 graduates and currently enrolls approximately 1,500 full-time and part-time students in its J.D. program and 95 students in its five advanced degree programs in American business law, financial services law, real estate, tax, and mental disability law studies. Learn more about New York’s law school at www.nyls.edu.