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Laboratory's Johnson selected as region's financial executive of the year

Contact: James E. Rickman, elvis@lanl.gov, (505) 665-9203 (04-196)

LOS ALAMOS, N.M., December 9, 2005 — Jay Johnson, Los Alamos National Laboratory's chief financial officer, recently was selected as the Institute of Management Accountants' 2005 Financial Executive of the Year for IMA's Rocky Mountain Region.

The Financial Executive of the Year Award, established in 1997, recognizes exceptional accomplishments of financial executives throughout the country and honors those who bring leadership, pride and credibility to the accounting and finance professions, according to IMA literature. Johnson was one of 200 nominees across the United States.

At Los Alamos, Johnson has responsibility over Laboratory finance and accounting functions. The Laboratory's annual budget exceeds $2 billion. As director of the Laboratory's Chief Financial Officer Division, Johnson oversees six individual business units-ranging from payroll and travel to accounting and internal controls and compliance-and more than 300 employees.

"Jay Johnson has done a tremendous job during the past two years in improving the Laboratory's business practices and restoring credibility to the Laboratory's financial operations," said Rich Marquez, associate Laboratory director for administration. "Jay's innovative and inspirational leadership was a key factor in the transformation of our business practices and our CFO organizations. His selection as an IMA Financial Executive of the Year is richly deserved."

IMA includes a network of nearly 70,000 professionals, and provides a dynamic forum for management accounting and financial professionals to develop and advance their careers through its Certified Management Accountant (CMA) and Certified Financial Manager (CFM) programs, cutting-edge professional research and practice development education, networking, and the advocacy of the highest ethical and professional practices.

Los Alamos National Laboratory, a multidisciplinary research institution engaged in strategic science on behalf of national security, is operated by Los Alamos National Security, LLC, a team composed of Bechtel National, the University of California, The Babcock & Wilcox Company, and Washington Group International for the Department of Energy's National Nuclear Security Administration.

Los Alamos enhances national security by ensuring the safety and reliability of the U.S. nuclear stockpile, developing technologies to reduce threats from weapons of mass destruction, and solving problems related to energy, environment, infrastructure, health, and global security concerns.

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