Ohio Director of Athletics Jim Schaus announced the hiring of Rich Franchak as the Bobcat's Chief Financial Officer and Senior Associate Athletic Director on July 27, 2018.
Franchak brings over 25-years of athletics administration experience with him, most recently serving as the Deputy Athletic Director, CFO and Chief Operations Officer at Xavier. Following his time at Xavier, Franchak was the CFO at Sunesis Construction in West Chester, Ohio for the last three years.
At Xavier, Franchak oversaw all business, finance, purchasing, equipment and human resource support for the athletic department. Also developed overall operating budgets and multi-year financial plans for the department. He also served as the liaison with campus financial administration, central development, auxiliary services, campus facility planning and management and university counsel.
Franchak also handled negotiation for Xavier's media and marketing rights with Learfield Sports that provided the Musketeers with $52 million in guaranteed revenue. He also handled the negotiations with Nike which resulted in more advantageous financial terms and improved service for all 18 Xavier programs.
Prior to his time at Xavier, Franchak was the Associate Director of the Badger fund at Wisconsin from 2000-04 and Assistant Athletic Director for Business Services from 1999-2000.
Franchak spent five years as Assistant Director of Athletics for Business at Akron from 1994-99 and was the Assistant Business Manager at Navy from 1990-94.
Franchak holds a Bachelor of Arts in economics with a concentration in accounting from University of Maryland Baltimore County and has a Master's of Business Administration from Xavier.