2021 Distinguished Alumnus Award
STEPHEN L. WAECHTER (’72)
The 2021 Distinguished Alumnus Award will be presented to Stephen L. Waechter (’72) at the Bell Tower Gala on October 9 at the Peabody Hotel.
Steve attended a Christian Brothers high school in Newport, KY and joined the Christian Brothers for two years after graduation. He came to Christian Brothers University in 1968, where he studied History. He was active in intramural sports, the Student Government Association, serving as a justice on the Student Court as well as serving as a Resident Assistant for two years. He was selected to Who’s Who Among Students in American Universities and Colleges. After he graduated in 1972 with his Bachelor of Arts, he headed off to Xavier University, where he earned his MBA in Finance in 1974.
Steve began his professional career with General Electric and, over nearly 20 years, distinguished himself as a leader in finance. He has extensive experience with the Federal Government, U. S. Department of Defense, and Intelligence Agencies. He served as CFO for Government Technology Services Inc., Vincam, Inc., and Applied Bioscience International. He joined CACI International, a government information technology contractor based in Arlington, VA, as CFO, Treasurer, and Executive Vice President in 1999. In 2008, he joined ARINC, a provider of communications, engineering, and integration solutions for commercial, defense and government customers, as Vice President of Business Operations and Chief Financial Officer and retired from AIRINC in 2014.
He joined the board of CareFirst, a not-for-profit healthcare company and independent licensee of Blue Cross Blue Shield, in 2013. He has served as Chairman of the Board since 2016 for CareFirst. Steve also serves on the board of Vectrus, Inc., a government contractor, and chairs their audit committee. He previously served as a director on the corporate boards of Strategic Diagnostics, Inc., Applied Bioscience International and as Chairman of the Board for Social and Scientific Systems, Inc.
Steve and his family truly live our core Lasallian values of faith, service, and community. He and his wife, Debbie, are founding members of their parish, Our Lady of the Visitation, where he has served as Chair of the Finance Council, a eucharistic minister, and as an usher. He and Debbie led their last fundraising campaign. He is the Past Grand Knight of Our Lady of Fatima Council in Barnesville, Maryland and remains active in the Knights of Columbus. When the Syro Malibar Church (Eastern Rite) met in their parish and needed help with their own Church, Steve was asked to join their planning committee and provided advice and financial support to help kick off the campaign to build their new church.
Over the last few years, they have supported a Lasallian school in Nigeria, where their financial contributions aided in building a new school. He and his family have sponsored international students attending the University of Maryland, George Washington University, La Salle University, Boston University, and have also financially supported several international students at CBU. Steve and Debbie have generously supported CBU both financially and through extraordinary gifts of time and talent.
Steve actively served on CBU’s Board of Trustees from 2013 to 2021, chairing multiple committees including Audit, Faculty, and Enrollment Management & Retention. He has also presented seminars to CBU students in both the School of Business and the Gadomski School of Engineering. In 2016, Steve and his wife Debbie helped to kick-off our first Day of Giving campaign, encouraging others to give to CBU by pledging to match their gifts as an incentive.