Office of Business Affairs
The University of Texas System
210 W. 7th Street
Austin, Texas 78701-2982
Interim Executive Vice Chancellor for Business Affairs
Terry rejoined the U.T. System in March 2000 after previously working with the U.T. System from 1992–1994. In his current role, Terry is primarily responsible for managing the System’s various financing programs on behalf of the 14 academic and health-related institutions, including the Permanent University Fund and Revenue Financing System debt programs. Terry also manages the System's debt derivatives program, currently consisting of various interest rate swap agreements aggregating over $2 billion in notional amount. Before rejoining the System, Terry held the positions of Finance Supervisor and Manager of Financial Planning at the Lower Colorado River Authority (“LCRA”), a regional utility based in Austin, Texas. In these roles, Terry was responsible for developing annual business and financial plans and providing strategic financial planning to its various lines of business. He managed LCRA’s short-intermediate term investment portfolio and directed staff responsible for the organization’s treasury management and disbursement functions. Terry is a Certified Treasury Professional (CTP) and earned both his MBA in Finance and a BS in Aerospace Engineering from The University of Texas at Austin.
Assistant to the Executive Officer
Loretta Loyd earned a bachelor of arts degree in German from Central College, Pella, Iowa. Loretta came to the Office of Business Affairs in 2001 from the Office of General Counsel Business Law Section, where she had worked for more than seven years. She has served on a variety of committees over the years, including representing UT System Administration on the Employee Advisory Committee and the Systemwide Insurance Advisory Committee. She was a member of the U. T. System 2004 Class Two Management and Leadership Development Program. Ms. Loyd was the recipient of the 2006 A. W. “Dub” Riter, Jr. Humanitarian (Chancellor's) Award at The University of Texas System; and the 2007, 2008 Bronze level and 2009, 2010 Silver level Presidential Volunteer Service Award.