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Tuesday, May 19, 2009

Obama Picks Top Treasury Finance Posts

The president will nominate Washington's deputy mayor to oversee Treasury's finances and a real estate investment professional as the department's treasurer.

President Obama has chosen Daniel Tangherlini, deputy mayor of Washington, D.C. and former CFO of the District's police department, to oversee the finances of the U.S. Treasury Department.

If approved by the Senate, Tangherlini will be in charge of the department's budget and oversee various programs within the agency, including human resources, IT management, financial management and accounting, human capital, and strategic planning.

Obama recently announced he plans to nominate Tangherlini as the Treasury's assistant secretary for management, CFO, and chief performance officer, and Rosa Gumataotao Rios, managing director of investments for real-estate investment firm MacFarlane Partners, as treasurer. Obama has been widely criticized for not quickly filling the vacancies in the Treasury department since he took office.

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Sarah Johnson - CFO.com

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