Oak Ridge National Laboratory (ORNL) is setting its financial path with a new Chief Financial Officer at the helm, Andrew Petzold, whose name now graces the door of the business helm for UT-Battelle, LLC, and Director of the Business Services Directorate, as per ORNL's official announcement made public earlier. Petzold is tasked with the financial steering of one of the Department of Energy’s key research institutions, bringing two decades of skilled financial leadership, primarily within federal operations and contractor oversight.
Since bedding into ORNL in 2021, Petzold, who previously served as director of the Business Operations Division, has been concentrating relentlessly on aligning the lab's financial strategy to its overarching mission, while endeavoring to cut through administrative red tape and enhancing support for the lab's scientific endeavors and general operations. This detail was outlined in a statement obtained by ORNL in their news release.
Earlier in his career, Petzold cut his teeth on management roles within the Department of Energy’s Naval Reactors Program, where he melded the titles of assistant manager for business integration and field office CFO. Additionally, he paid his dues as a Supply Corps officer in the U.S. Navy and put in the work as a financial consultant. Throughout his diversified journey, he has focused on harnessing financial efficiency and adding value to the mission-centric programs under his watch, as mentioned in the original article.
