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2012 News Releases

Financial services executive named Longwood University interim president

May 24, 2012

Marge Connelly
Marge Connelly

Financial services executive Marge Connelly, former rector of the Longwood University Board of Visitors, on May 24 was named by the board to serve as Longwood's top leader following the resignation of President Patrick Finnegan for health reasons earlier this month.

Connelly will serve as acting president from June 1-30, transitioning to interim president on July 1. Finnegan's resignation becomes effective June 30.

Connelly has had a successful career in the financial services industry, serving in top leadership positions for Barclaycard, Wachovia Securities and Capital One Financial Services.

She will serve in Longwood's top position during the search for the new president. Dr. Ken Perkins, Longwood's interim vice president for academic affairs, will continue as acting president through May 31.

"We are fortunate to have someone with Ms. Connelly's management experience, financial acumen and knowledge of Longwood to guide the university through this transition," said Board of Visitors Rector Marianne Radcliff '92. "We are confident that she will keep the university moving in the right direction."

Connelly is looking forward to her new role at Longwood.

"I am truly honored to have this opportunity," she said. "I have come to know Longwood as a very special place that makes a big impact on its students and the community overall. I look forward to continuing my engagement with Longwood in this new capacity."

Connelly served as global chief operating officer for Barclaycard from July 2009 to December 2011. At Barclaycard, she was responsible for all operations and technology supporting the company's business activities throughout the United Kingdom, Europe and the United States.

Prior to her position at Barclaycard, she was chief operating officer for Wachovia Securities (now Wells Fargo Advisors), the third-largest brokerage firm in the U.S. As COO from 2006-08, Connelly oversaw the firm's information technology and operations management and served on the Executive Committee.

She also worked for Capital One Financial Services from 1994-2006, rising to executive vice president. In that role, she managed much of the company's operations and technology, and worked to identify and cultivate relationships with business, government and community leaders.

Connelly earned her bachelor's degree in political science from the University of Delaware. She and her partner, Julie Christopher, live in Keswick and have two grown children.