Pac-12 Hires New Chief Financial Officer After Overpayment Debacle In January

Jun 23, 2023, 9:45 AM

Pac-12, Annual Revenue, Logo...

The Pac-12 announced record revenues for the 2021-22 academic year.

SALT LAKE CITY – After news broke in late January that the Pac-12 fired two executives due to an overpayment to the conference that they covered up, George Kliavkoff announced the hiring of a new chief financial officer.

Morane Kerek will assume the role of Pac-12 CFO and is a highly respected player in the sports industry having spent seven years as the United States Olympic & Paralympic Committee CFO. Kerek starts her new position on August 9, 2023.

“Morane has a track record of success working as a leader in complex sports industry environments to develop best-in-class financial systems and business strategies,” Commissioner Kliavkoff said in a press release from the conference. “Morane brings world-class financial expertise and experience to our CFO role, and we are looking forward to her principled leadership in supporting the continued growth of the Pac-12 Conference.”

Where Things Stand With The Pac-12

Kerek will be tasked with correcting past errors the conference has financially endured starting with the overpayment to the Pac-12 from distributer Comcast. Initial reports had the overpayment totaling at least $50 million spanning from 2016.

This news also comes on the heels of speculation the Pac-12 may be closing in on a new media rights deal soon.

News broke last week that San Diego State had given informal notice to the Mountain West Conference of their intention to eventually leave. The Aztecs, along with SMU have long been connected to the Pac-12 as potential candidates for expansion after USC and UCLA leave the conference in 2024 for the Big Ten.

Neither school has received a formal invite from the Pac-12 yet as two dates of intrigue quickly approach.

June 30 is when SDSU’s exit fee nearly doubles if they intend to join the conference next year and July 21 is when the Pac-12 will have their Media Day leading many to think Kliavkoff and company may want something to talk about in regard to where the conference stands on their media rights.

While a lot remains to be determined, hiring a new CFO feels like a positive development for a conference that has been fighting off rumors of impending doom for the last year. Is this really a mark of more positive news for the Pac-12? Stay tuned.

Michelle Bodkin is the Utah Utes Insider for and host of both the Crimson Corner Podcast (SUBSCRIBE) and The Saturday Show (Saturday from 10 a.m.–12 p.m.) on The KSL Sports Zone. Follow her on Twitter and Instagram: @BodkinKSLsports

  • Utah Utes Scoreboard

  • Utah Utes Team Leaders

  • Utah Utes Standings

College Football

BYU Football, Nonconference, 2025 Schedule...

Mitch Harper

BYU Football Nonconference Schedule For 2025 Is ‘Close To Finished’

BYU is moving closer to finalizing the nonconference portion of its 2025 schedule.

16 hours ago

House v NCAA, BYU Cougars, Tom Holmoe...

Mitch Harper

BYU AD Tom Holmoe Sees Opportunities For Stability After House v. NCAA Settlement

BYU AD Tom Holmoe spoke for the first time on the House v. NCAA settlement.

18 hours ago

Cam Rising Brant Kuithe Lander Barton Out For Season...

Michelle Bodkin

Utah Quarterback Cam Rising To Put On Camp For Community

Utah quarterback Cam Rising (along with several of his Utah football teammates) will be putting on a camp for the community in June.

20 hours ago

60 in 60 Fan Vote (2024)...

KSL Sports

Hans & Scotty’s 60 in 60 Fan Vote (2024)

It’s that time of year again, Hans and Scotty G. are counting down the 60 best college football players in the state of Utah ahead of the 2023 college football season.

2 days ago


Michelle Bodkin

Utah Athletics Releases Statement Debunking Rumored ACC Courtship

Memorial Day weekend got off to an interesting start as rumors began to swirl that Utah was in the middle of a courtship with the ACC before even starting their journey with the Big 12.

2 days ago


Michelle Bodkin

Spring Ball Review: A Look At Utah Football’s Running Backs

Today’s focus is on another group that has produced a lot of NFL talent for the Utes- Utah football’s running backs.

3 days ago

Sponsored Articles

Follow @kslsports...

KSL Give-A-Thon

The KSL Sports Zone, KSL 5 TV, FM100.3, 103.5 The Arrow, and KSL NewsRadio have teamed up to raise money for the kids being served by Primary Children’s Care!


KSL Sports

KSL Sports Newsletter: Sign Up Now

Sign up today for the KSL Sports newsletter. Get the latest Utah sports news delivered to your inbox.


KSL Sports

Jazz Notes Newsletter: Sign Up Now

Sign up today for the Jazz Notes newsletter. Get insider analysis, game recaps and opportunities to win tickets!

Follow @kslsports...

The Road Home Mediathon 2023

The KSL Sports Zone and are proud to support the all-day Mediathon 2023 at the Road Home, an annual tradition to raise money and other essential items for the Road Home, a Homeless Shelter.

3 kids wearing real salt lake jerseys smiling...

Real Salt Lake

6 Reasons You Need to Experience a RSL Matchday

RSL Games are a great way to spend time with your family with fun activities, good food, and traditions you can only experience at the field.

High angle view of the beautiful Rose Bowl Stadium...

KSL Digital Sales

How to Prepare for the 2023 Rose Bowl

Everything you need to know to plan your 2023 Rose Bowl trip in Pasadena, California. This year, the Utes will face Penn State.

Pac-12 Hires New Chief Financial Officer After Overpayment Debacle In January