Donald P. Lofe, Jr., ’79 IND, earned a Bachelor of Arts degree in Accounting and Political Science from Westminster College in 1979. He then attained a Master of Business Administration with concentrations in Finance and Business Policy from The University of Chicago School of Business in 1992. Well-qualified in his field, he is a certified public accountant and a chartered global management accountant (Active Status) and is also COSO Certified by the AICPA. Leveraging more than four decades of professional excellence in corporate finance, operations, and risk management, Mr. Lofe assumed the role of President and Chief Transformation Officer at Westminster College in Fulton, Missouri, on July 1, 2021. After a unanimous vote, the College’s Board of Trustees officially announced Mr. Lofe as the College’s 23rd president in April 2021, citing the major progress at the historic liberal arts college made under his leadership as Interim President in Fiscal Year 2020-2021, even during an exceptionally challenging year and in the midst of the pandemic. Additionally, he has continued to drive transformational efforts at the College which have been and continue to be focused on many cultural and operational aspects within the entire institution. Mr. Lofe previously served on the College’s Board of Trustees for approximately eight years in a variety of capacities, including Board Chair, throughout his Board tenure. He is presently on an indefinite and extended leave of absence from his board chair role. Prior to his appointment at the College as Interim President and Chief Transformation Officer in 2020, Mr. Lofe was most recently a Partner and the Chief Risk Officer for Global Business Services – Mortgage and Lending Solutions for the IBM Corporation, based in San Ramon, California. Lofe has served in several senior executive roles for insurance, community lending, and other financial and mortgage-related service entities, both domestically and internationally, before his tenure with the IBM Corporation. He was also a Partner with PricewaterhouseCoopers LLP, specializing in financial services, insurance, and private and public higher-education clientele. During his time at Westminster, Mr. Lofe also demonstrated exceptional athleticism throughout his tenure with the College’s cross country and indoor and outdoor track and field teams. In 1979, Mr. Lofe earned NAIA Indoor Track and Field All-American status in two events. He was also named to the All-NAIA District 16 teams in cross country, and indoor and outdoor track and field from 1977 to 1979, respectively. Additionally, he and his teammates were members of several NAIA District 16 championship teams, both in cross country and indoor and outdoor track and field throughout this same period. He and several of his teammates also qualified for the NAIA and NCAA National Championships in cross country and outdoor track and field from 1977 to 1979. He was also captain of the cross country and a captain of the track and field teams his senior year. In acknowledgment of his outstanding performance throughout his tenure with Westminster’s cross country and indoor and outdoor track and field teams, Mr. Lofe, in his senior year, was also selected as the 1979 Columns Athlete of the Year. Mr. Lofe’s wife, Lorraine, is a native of St. Louis, Missouri, who graduated from Southeast Missouri State University in Cape Girardeau with a BS in Business Administration. She is also a CPA. They have a set of grown twins. Their daughter, Lauren, graduated with honors from the University of San Diego in 2019 and is Director of Marketing for a digital marketing company in San Diego, California. Their son, Don III, graduated with merit in 2020 from the U.S. Naval Academy. He is a Naval Aviator based at Tinker Air Force Base, in Oklahoma City, Oklahoma.
