Donald L. Myers, who had been the chief financial officer, vice president and treasurer of American University and was credited by the university with building its long-term financial health, died Jan. 6 at his home in Bethesda. He was 68.

The cause was cancer, said his wife, Margie Bryant.

Mr. Myers joined AU as an accountant in 1968 and was named chief financial officer in 1982. Over the next 32 years, the university’s endowment soared to $550 million from $7 million; the operating budget grew tenfold to $600 million; and total assets increased 14-fold to $1.4 billion, according to the university.

AU facilities in Washington and partnerships with overseas universities also expanded as a result of Mr. Myers’s financial stewardship, the school announced.

Mr. Myers was the first member of his family to graduate from college and was an advocate of affordable tuition and balancing merit- and need-based financial aid.

Donald Lee Myers was a native of Hagerstown, Md., and a 1968 business administration graduate of what is now Shepherd University in West Virginia. He received a master’s degree in business administration from AU in 1978.

His memberships included Bethesda United Methodist Church and Kenwood Golf and Country Club in Bethesda.

His marriages to Connie Miller, Sandra Grove and Patricia McDonald ended in divorce. In 2007, he married Margie Bryant.

Besides his wife, of Bethesda, survivors include a son from his first marriage, Curtis Myers of Falling Waters, W.Va.; two children from his second marriage, Tracey Myers-Preston of Towson, Md., and Charles Myers of Hagerstown; two brothers; and four grandchildren.

— Adam Bernstein