The council presented Fox the award in a ceremony on Thursday, April 28.
Fox was acknowledged for earning the confidence and respect of faculty by doing her job with skill and integrity. The council also resolved that "Fox, during one of the most challenging budget periods in the university's history, has demonstrated that she possesses the personal and professional qualities necessary to address critical needs of the university."
The council also honored Fox for her exceptional skill working with the Board of Regents, the Colorado General Assembly and its elected officials and for demonstrating great insight into the political process and the needs of the university.
Fox, who has been with the university since 2006, became vice president and chief financial officer on May 21, 2009. She earned a bachelor's degree in psychology from the University of Nebraska and a master's degree in public administration from the University of Colorado Denver. She also worked at the university as system budget director from 2001 to 2004.