Shannon M. Byers has been appointed president-elect of College Foundation, Inc., marking a significant transition as the organization prepares for the retirement of longtime president Wendy H. McAlister on Feb. 28. Byers, who will be the sixth president in CFI’s 69-year history, brings extensive experience from various roles in higher education administration.
A NC Leader
Previously serving as deputy chief operating officer and associate vice president for finance and university efficiency at the University of North Carolina System Office, Byers has a robust background, including her tenure as vice president of program services and residency determination service manager at CFI. Her career also encompasses roles at the NC Office of State Budget and Management and the NC Office of the State Controller, where she focused on program management and internal auditing.
“I am excited to welcome Shannon as our President-elect. With a proven track record of leading diverse teams, managing complex operations, and establishing strategic relationships, she is an excellent choice to build on our strengths as an organization and pursue new opportunities for growth and success in the future,” said McAlister.
A United Front
The Board of Trustees’ decision to appoint Byers follows a comprehensive search to find a candidate who resonates with CFI’s values and aligns with its strategic direction. As President-elect, she will collaborate closely with current leadership to ensure a seamless transition.
“I am honored to be chosen as President-elect of CFI. I look forward to working with the dedicated team at CFI to further the organization’s mission in supporting the students and families of North Carolina to achieve their academic and career goals,” Byers stated, expressing her enthusiasm for the new role.
Since its establishment in 1955, College Foundation, Inc., has been a vital resource for North Carolina students and families. It administers educational loan programs and several state-funded scholarships designed to enhance access to higher education nationwide.
