FROM THE OFFICE OF PUBLIC AFFAIRS

ASSISTANT SECRETARY FOR MANAGEMENT & CFO

The United States Senate today voted to confirm Nancy Killefer as the Assistant Secretary of the Treasury for Management and Chief Financial Officer.

Ms. Killefer was most recently a Director in the Washington, D.C. office of McKinsey & Company, Incorporated and is a leader of the Consumer and Retailing Practice Group. In her 17 years with the Firm, Ms. Killefer focused on strategy, marketing and organizational efficiency issues for consumer goods and services businesses.

As Assistant Secretary for Management, Ms. Killefer serves as the principal policy advisor to the Secretary and Deputy Secretary on all matters involving the financial and internal management of the Department and its bureaus. Ms. Killefer is responsible for the Department’s budget and also oversees all management, personnel and procurement policies within the Department. As Chief Financial Officer, she is further responsible for ensuring sound financial management and proper stewardship of taxpayer funds at the Department.

Ms. Killefer graduated with honors from Vassar College with a Bachelor of Arts in economics, and she also received a Master in the Science of Management and Finance from the Sloan School of the Massachusetts Institute of Technology.