What are the financial management priorities for the U.S. Department of Transportation? How is Transportation transforming the way it operates? What are the financial implications of some of the department’s core initiatives? Join host Michael Keegan as he explores these questions and more with Victoria Wassmer, Assistant Secretary for Budget and Programs and Chief Financial Officer, U.S. Department of Transportation.
Assistant Secretary for Budget and Programs and Chief Financial Officer, U.S. Department of Transportation, United States
Leadership Fellow & Host, IBM Center for The Business of Government
Assistant Secretary for Budget and Programs and Chief Financial Officer, U.S. Department of Transportation, United States
Victoria has established and led high-profile organizations and programs in both the public sector and private industry for over 25 years. She is joining the Department of Transportation (DOT) from Ernst & Young, where she served as a Managing Director in the government and public sector practice. Previously, she worked as the director of agency operations for DC Government under Mayor Muriel Bowser. Victoria is no stranger to DOT, having served for many years as a Senior Executive for the Federal Aviation Administration (FAA). As the Assistant Administrator for Finance and Management at FAA, Victoria directed the agency’s $16.4 billion budget, led a workforce of over 3,000 employees, and oversaw the agency’s financial management, information technology, acquisitions, property, the operations of nine regional offices and the Mike Monroney Aeronautical Center. Other senior positions at the FAA include serving as the Acting Deputy Administrator and Chief NextGen Officer as well as the Chief Financial Officer.
Victoria also served as Vice President of Administration and Finance at the Millennium Challenge Corporation in 2010-2011. Other professional highlights include six years at the Office of Management and Budget and work as a research assistant at the Development Bank of South Africa after the first democratic elections in 1994. She holds a master’s degree in Public Policy from Harvard University and a bachelor’s degree in political science from Bryn Mawr College.
Leadership Fellow & Host, IBM Center for The Business of Government
Michael has two decades of experience with both the private and public sectors encompassing strategic planning, business process redesign, strategic communications and marketing, performance management, change management, executive and team coaching, and risk-financing.
Michael leads the IBM Center for The Business of Government's leadership