Israel Ruiz has served as the Vice President for Finance of the Massachusetts Institute of Technology since 2007. In this post, he has a leadership role in the financial aspects of institutional planning and analysis, and is responsible for preparing the financial reporting and materials presented to MIT’s Executive Committee and Corporation. In June 2011 Mr. Ruiz was nominated to serve as the Institute’s next Executive Vice President and Treasurer by the Executive Committee of the MIT Corporation and has agreed to serve, pending his election by the full MIT Corporation in October 2011.

Mr. Ruiz joined MIT in 2002 as manager of financial planning and analysis and became associate director of the Office of Budget and Financial Planning in 2003. He was named director of finance in 2005 and Vice President for Finance two years later. In this role, Mr. Ruiz leads a team that manages the Institute’s financing strategy, financial and capital planning, annual budgeting, receipt and disbursement of funds, accounting policies and services, research post-award management, procurement, and property management. He serves a critical role in ensuring the integrity of MIT financial reporting and compliance. In May 2011 Mr. Ruiz led the successful completion of a landmark $750 million taxable century bond offering to support MIT’s ongoing campus development program, including academic and research capital projects within the MIT 2030 development framework.

Born in Barcelona, Mr. Ruiz holds a master’s degree from the MIT Sloan School of Management and a degree in industrial and mechanical engineering from the Polytechnic University of Catalonia. Before joining MIT he worked as an engineer at Hewlett-Packard and at Nissan Automotive. Mr. Ruiz serves on the board of directors of the MIT Press, the Cooperative Society of Harvard and MIT (“The Coop”), MIT Endicott House, and the Prince of Girona Foundation, which is dedicated to promoting youth education and entrepreneurship and resolving social economic issues.