Mr. Carnaroli has been a director of the Science Center since 2005, served as Chair from 2011 to 2019, and currently serves as a Vice Chair. He has served as Senior Executive Vice President of the University of Pennsylvania since 2004, reporting to the President as the University’s chief financial and administrative officer, and shaping Penn’s physical campus, financial strength and operational efficiency.
His wide-ranging portfolio includes nine distinct business functions: audit, compliance and privacy; budget and management analysis; business services; facilities and real estate services; finance; human resources; investments; information systems and computing; and public safety.
During his tenure at Penn, Mr. Carnaroli has led a variety of initiatives to support Penn's myriad operations, including: enhancing the university’s long-term credit ratings; increasing student financial aid; implementing a long-range plan to reduce Penn's carbon footprint; developing new housing and dining amenities; planning Penn's campus with a 30-year horizon by adding several hundred thousand square feet of new facilities; and overseeing neighborhood initiatives in support of community and economic development.
Mr. Carnaroli serves on the boards of the University City District (Chair), the Philadelphia Industrial Development Corporation (Executive Committee), and the Chamber of Commerce for Greater Philadelphia (Executive Committee). He joined Penn in 2000 as Vice President and Treasurer, after serving as Vice President, Municipal Securities Division, for Merrill Lynch.
He received a B.S.E. from Penn’s Wharton School and an M.B.A. from Stanford University.