Nancy Killefer Biography

UPDATE: Letter from Nancy Killefer to President Obama

Nancy Killefer is a senior director in the Washington, D.C. office of McKinsey & Company, Inc. She is a leader of McKinsey's Public Sector Practice, specializing in developing strategies and improving organizational effectiveness for a range of government clients.

Nancy has specialized as a management consultant working with senior management at a number of America’s largest corporations on a full range of management issues including strategy, organization, marketing and systems. Her work has focused on how to improve performance within the financial and human resource limits that all organizations must face, whether private business, non-profit agencies, or the government.

Nancy joined McKinsey in 1979 and during her career focused on strategy, marketing, and organizational effectiveness and efficiency issues with an emphasis on consumer-based and retail industries.

Ms. Killefer was 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.

From 1997 to 2000, Nancy served as Assistant Secretary for Management, CFO, and COO at the United States Department of the Treasury. In addition to overall management responsibilities for Treasury's 14 bureaus and 160,000 people, she led a major modernization at the Internal Revenue Service, prepared Treasury's systems for Y2K, and reshaped management processes, including installing an asset management program across the Treasury Department.

As Assistant Secretary for Management, Ms. Killefer served 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 was responsible for the Department’s budget and also oversaw all management, personnel and procurement policies within the Department. As Chief Financial Officer, she was further responsible for ensuring sound financial management and proper stewardship of taxpayer funds at the Department.

After returning to McKinsey in 2000, she joined the IRS Oversight Board, a public-private entity akin to a corporate board that oversees the IRS. She served there from 2000 to 2005 and was its Chairperson from 2002 to 2004.

Nancy received her Masters in the Science of Management and Finance from the Sloan School of the Massachusetts Institute of Technology. She holds a B.A. with honors in economics from Vassar College. Prior to business school, Nancy worked as an associate at Charles River Associates, a microeconomics consulting firm.

SOURCES:

• NANCY KILLEFER
• NANCY KILLEFER CONFIRMED
• Treasury's Fiscal Year 2000 Budget requests
• RSP : Advisory Board: