Luoma appointed associate vice president for University Business Services
Nichol Luoma, an accomplished business executive and ASU alumna, is the new associate vice president for University Business Services and University Sustainability Operations officer at Arizona State University. She reports directly to Morgan R. Olsen, ASU executive vice president, treasurer and chief financial officer.
Since November 2015, Luoma served as associate vice president and University Sustainability Operations officer in an interim capacity. She will oversee more than a dozen ASU functions, including: procurement, ASU Parking and Transit, Sun Devil Card Services, materials management, risk management, environmental health and safety, trademark management and the University Club.
Before her associate vice president interim appointment, Luoma served as ASU’s chief procurement officer, responsible for procurement and contracting. Under her leadership, ASU procurement was honored in 2015 with the Achievement of Excellence in Procurement award from the National Procurement Institute for the seventh consecutive year. Procurement also was recognized by the Association for the Advancement of Sustainability in Higher Education's Sustainable Campus index as No. 1 in the purchasing category.
“Nichol Luoma has the skills, dedication and communication abilities to manage the diverse demands of the associate vice president and sustainability operations officer position,” Olsen said. “Since 2012, Nichol has worked collaboratively across ASU to help drive cross-functional process improvements and optimization of supplier relationships in support of the New American University mission.”
“We are very pleased that Nichol will continue to be part of our senior leadership team, leading university business services and coordinating our institutional sustainability initiatives,” Olsen added.
Luoma has more than 16 years of global business operations leadership experience. She returned to her alma mater in a professional capacity in 2012 after serving as vice president of operations for two juvenile products companies, Boon Inc. and Keen Distribution, both of which were acquired by Tomy International in 2011. Before Boon and Keen, Luoma spent nearly a decade in multiple business and supply chain roles at Intel Corporation, which included management of complex international supply chains. She also served Clarkston Consulting in a senior business-consulting role, where she advised large corporate clients on business/technology redesign and supply chain optimization.
“I believe that my new role provides me with an outstanding opportunity to simplify and enhance business operations that deliver excellent service to students, faculty and staff,” Luoma said. “The educational path I chose early in life has brought me full circle to my maroon-and-gold roots. I am grateful and eager to begin this new life chapter at the institution to which I attribute much of my business success.”
Luoma graduated summa cum laude from ASU’s W. P. Carey School of Business and Barrett, the Honors College with a bachelor’s degree in supply chain management. She also was a W. P. Carey School of Business Outstanding Graduating Senior. She received her MBA from Duke University, where she also graduated summa cum laude and was honored as a Fuqua Scholar.