Jeffrey DeWit Nominated as NASA CFO
President Trump has announced his intent to nominate Jeffrey DeWit to become NASA’s next Chief Financial Officer (CFO). He is now the State Treasurer of Arizona and in 2016 was the Chief Operating Officer (COO) and CFO of Trump’s presidential campaign. [UPDATE: the nomination was formally sent to the Senate on December 1.]
DeWit is a financial professional who started his career at Smith Barney in 1992, according to the White House announcement and his Facebook page.
In 1999 he started his own firm, ECHOTrade, of which he was CEO, which grew to more than 500 licensed professional traders worldwide. He was elected as Arizona’s State Treasurer in 2014 and assumed office in January 2015. As noted, in 2016 he was COO and CFO of the Trump campaign.
He has an MBA from the University of Arizona, a B.S. in Business Administration with a concentration in finance from the University of Southern California (USC), an accounting degree, and a certificate in Public Treasury Management from the National Institute of Public Finance.
NASA’s Office of the Chief Financial Officer (OCFO) was established in accordance with the 1990 Chief Financial Officers Act. Among its many responsibilities is managing the agency’s budget and financial operations, directing preparation and submission of financial and budgetary reports, and coordinating agency financial management activities with other federal agencies.
Andrew Hunter has been NASA’s Acting CFO since the departure of David Radzanowski at the end of the Obama Administration.
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