Matthew Frist

Senior Vice President for Finance and Business, Duquesne University

Biography

As a senior vice president at Duquesne University since 2016, Matt Frist leads and provides strategic management to the Division of Finance and Business, which is comprised of auxiliary services, computing and technology services, dining, design and construction, facilities management, finance, internal audit, investment management, planning and budget, and treasury services, among others. With Frist’s guidance, the University has grown total assets of the institution by nearly 100%, to $1.2 billion as of March 31, 2024. In addition, he has played an instrumental role in more than doubling the University’s endowment and long-term investments, valued at $685 million as of March 31, 2024. Frist structured and negotiated four public-private partnerships valued at $300 million by monetizing the University’s energy infrastructure, privatizing two on-campus student housing facilities and constructing a third. He also led efforts to acquire strategic property adjacent to Duquesne’s Pittsburgh campus, which is the site of the newly constructed College of Medicine. Frist has held a variety of leadership positions at Duquesne since 1998.