Ohio State University Chief Financial Officer Geoff Chatas, the man behind the recent major money deals at the university, spent $121,000 on travel over a two-year period, making trips to Iceland, Paris, India, China and other destinations.
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Ohio State University Chief Financial Officer Geoff Chatas spent $121,000 on travel over a recent two-year period — about half of it is attributed to three international trips.
Agency Fee: $36
Per Diem: $1,563
Chatas reimbursement: ($3,141)
Agency Fee: $73
Business Meals: $210
Per Diem: $393
Agency Fee: $36
Per Diem: $364
Source: Ohio State University
Ohio State University Chief Financial Officer Geoff Chatas has engineered major money deals to bring immediate cash to the school.
Oct 2011: OSU issued a ‘century bond’ for $500 million at 4.8 percent annual interest. The principal must be paid in 2111. The cash is earmarked for capital projects.
Feb 2012: Huntington Bank signed a 15-year $25 million contract with OSU to be the official bank on campus, giving Huntington the exclusive right to put branch offices and ATMs across campus and make pitches to students and faculty. Huntington promised to also loan out $100 million for economic development projects near campus.
June 2012: OSU signed a 50-year lease of its 35,000 parking spaces with QIC Global Infrastructure and LAZ Parking in exchange for $483 million in cash. OSU plans to use investment earnings off the cash for scholarships and hiring more faculty.
Graphic: View a map of Chatas’ travel and learn more about where he stayed at myDaytonDailyNews.com