Tim Hodge, associate vice president for budget and financial planning, to retire
Tim Hodge ’90, MBA ’99 will retire from his role of associate vice president for budget and financial planning at the end of 2026, capping a 33-year period of committed university service.
Hodge began his career in the banking and insurance industries before joining the Virginia Tech Office of Budget and Financial Planning in 1993, serving in progressively responsible positions over time. In 2018, he was promoted to his current role, where his leadership has been essential in growing Virginia Tech's resource base, improving business systems and processes, and bolstering the university's long-term financial sustainability.
A hallmark of Hodge's career has been his commitment to collaboration and partnership. He worked closely with university leaders, state officials, campus personnel, and a wide variety of stakeholders to help advance transformational initiatives and strategic priorities — always ensuring principles of responsible financial planning and resource stewardship were met.
"Tim is an excellent colleague and partner, whose rare combination of financial expertise, rational thinking, and problem-solving abilities have shaped the institution that Virginia Tech is today," said Simon Allen, vice president for finance and chief financial officer. "His professional discipline, thoughtful leadership, and deep institutional knowledge have been essential components of achieving the university's ambitions, and his efforts have had — and will continue to have — a lasting impact on how we serve our students, faculty, staff, and communities."
During Hodge's time with the Office of Budget and Financial Planning, Virginia Tech’s operating budget grew from $281 million in fiscal year 1993 to $2.5 billion in fiscal year 2027. Beyond leading the university's budget development and resource allocation processes, Hodge supported major initiatives, capital plans, and developed financial strategies that leveraged partnerships, including those with the Commonwealth of Virginia. He also supported investment management efforts and helped create new financial structures that strengthened the university's ability to achieve its mission and increase affordability.
"I am amazed at how much progress Virginia Tech has made and am optimistic about its future,” said Hodge.
Hodge is a two-time Hokie graduate, earning a bachelor’s degree in finance and an MBA.
He has served on numerous state-level committees and working groups for Virginia higher education and participated as a volunteer finance accreditation reviewer for the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). Hodge also shared his knowledge with other institutions, lectured in Virginia Tech graduate courses, and participated in many other forums. He also volunteers as treasurer for the H2OKie Aquatics program.
He and his wife Julie plan to remain in the area.
“It has been an honor to serve Virginia Tech. I appreciate the mentors who invested in me and the opportunities to engage in the work to advance the institution,” said Hodge. “I will miss the colleagues and teammates whose collaboration made it possible to achieve far more together than any of us could have accomplished alone.”
Virginia Tech will soon launch a search to fill this critical role.
