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DePaul University welcomes 2 CFOs to its board of trustees

​CHICAGO —DePaul University is welcoming business leaders Manny Favela and Christopher Jorge Del Moral-Niles to its 41-member board of trustees.

Manny Favela
Manny Favela (Photo courtesy of Manny Favela)
Favela served as chief financial officer for McDonald's Latin America from 2004 to his retirement in 2016. In this role, he was responsible for the finance, I/T, franchising and development functions with over 2,200 restaurants and annual systemwide sales of over $5 billion. As a business leader, Favela is an entrepreneur and the co-founder of Burrito Parrilla Mexicana, a multi-unit restaurant chain of Mexican restaurants in Chicago’s western suburbs. He serves on the board of Northwestern Memorial HealthCare, where he chairs the audit committee, and also serves on the board of Nuestro Queso LLC, a cheese company. Favela is a CPA and earned a Bachelor of Science degree in accounting from the University of Illinois at Chicago.

Christopher Jorge Del Moral-Niles
Christopher Jorge Del Moral-Niles (Michael Leschisin/Image Studios)
Del Moral-Niles ​is executive vice president and chief financial officer for Associated Banc-Corp and Associated Bank. He has overall responsibility for the financial management of the company and direct accountability for the treasury, finance, accounting, tax, investor relations, purchasing, and corporate development activities. Previously, he served as a financial institutions investment banker at Merrill Lynch and Lehman Brothers, the asset/liability strategist and director of liability management for Union Bank, the treasurer for First American Corporation, and as president of First American Trust. Del Moral-Niles holds a degree in economics from the University of California, Berkeley and an MBA from UCLA’s Anderson School of Management. He has been a Chartered Financial Analyst (CFA) since 1995. 

“Our newest trustees bring extensive financial expertise and business acumen to DePaul’s governing board. They understand the role of higher education and our mission in preparing students to contribute and succeed in a global community,” said DePaul President A. Gabriel Esteban, Ph.D. “I am grateful for their willingness to join with the other trustees in helping guide us forward as an institution.”

Lori Holland, chair of the board, is looking forward to working with Favela and Del Moral-Niles as trustees. “The board continues to add trustees with wide-ranging experience and diverse perspectives, which are additive to our dialogue as we seek to guide the university through challenging times. I welcome Manny and Christopher to the board,” she said.

More about DePaul’s trustees, including their bios, is online at​.

DePaul University’s board of trustees is responsible for shaping the strategies that best promote the fulfillment of the university’s mission and values. With nearly 22,000 students and 300+ academic and professional programs, DePaul is the largest Catholic university in the United States. 

DePaul was founded in Chicago in 1898 by the Congregation of the Mission (Vincentians), a Roman Catholic religious community dedicated to following the ideals of St. Vincent de Paul, the 17th century priest for whom the university is named. DePaul continues to strengthen what makes it distinct: respected academics, real-world knowledge and a commitment to social responsibility. More at


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