Nancy Killefer

Nancy Killefer
Director, McKinsey & Company

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

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

From 1997 to 2000, Nancy Killefer 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.

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

Nancy Killefer received her M.B.A. 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.source
Nancy Killefer, Nancy Killefer bio,Nancy Killefer Chief Performance Officer

Obama Announces Nancy Killefer Chief Performance Officer

Obama announces Nancy Killefer Chief Performance Officer
WASHINGTON, Jan 7 (Reuters) - President-elect Barack Obama, who faces trillion-dollar government deficits stretching into coming years, named on Wednesday a former Treasury official as the first U.S. "chief performance officer" to oversee budget and spending reform.

Nancy Killefer, a director at McKinsey & Company and a former assistant Treasury secretary in the Clinton administration, will work with economic officials to increase efficiencies and eliminate waste in government spending.

"We can no longer afford to sustain the old ways when we know there are new and more efficient ways of getting the job done," Obama told a news conference just hours after new official projections put the fiscal 2009 U.S. budget deficit at a record $1.186 trillion.

"Even in good times, Washington can't afford to continue these bad practices. In bad times, it's absolutely imperative that Washington stop them," Obama said.

Obama has repeatedly promised that his administration will go "line by line" over its budgets -- a task that will now fall to Killefer and Obama's nominee to as White House budget chief Peter Orszag.

Obama, who takes over from President George W. Bush on Jan 20, is seeking quick action from Congress on a package of spending and tax-cut measures that would total nearly $775 billion over next two years, which could add to the deficit hole. (Editing by Jackie Frank) source