Lawrence J. Furnstahl has nearly four decades experience in the strategic, financial and operational management of large, complex organizations—universities and academic health centers—including over 30 years as a CFO. Furnstahl is executive vice president and chief financial officer of Oregon Health & Science University, a $3.7 billion Oregon public corporation with 3,000 faculty and 15,000 staff, 4,000 students and trainees, $500 million of research, and the state’s academic health center. From 2011 to 2021, OHSU’s revenues have increased 95%, net worth 115%, and credit ratings from A to Aa3/AA-/AA- with stable outlooks.
Before joining OHSU in January 2011, Furnstahl served as chief financial and strategy officer for the University of Chicago Medical Center and Biological Sciences Division, and University vice president for financial planning for science; senior vice president and chief financial officer for UCSF Stanford Health Care; vice president and chief financial officer for the University of Chicago; and vice president & treasurer and senior executive, patient services for the University of Chicago Hospitals.
Furnstahl has served on the boards of several organizations, including the Encyclopaedia Britannica, ARCH Development Corporation (a technology transfer company), and Crescent Healthcare (a privately-held infusion therapy company) where he chaired the audit committee. In addition, he was a member of the Physical Sciences Dean’s Council for the University of Chicago and a non-director member of Georgetown University’s Committee on Medical Center Affairs.
Furnstahl is currently a board director and past chair of the Hyde Park Art Center. In 2015, Governor Kate Brown appointed him to the Oregon Public Employees Retirement System Board, where he is now vice-chair.