ARTICLE PROFILES MINT DIRECTOR NOMINEE BIBIANA BOERIO

A former auto executive with a background in design has been nominated by President Obama to be the next director of the United States Mint, an agency of the Treasury Department. If confirmed by the Senate—which is unlikely to act before December—Bibiana Boerio would succeed Edmund Moy, who left the post in December 2010. Since Moy’s resignation, Deputy Director Richard A. Peterson has shouldered the responsibilities of the director.

Born circa 1954 in Latrobe, Pennsylvania, Boerio graduated in 1971 from Greensburg Central Catholic High School in Greensburg, Pennsylvania. She earned a BS (Hons) in Textiles and Design at Seton Hill College in 1975 and an MBA in Accounting and Finance at the University of Pittsburgh Graduate School of Business in 1976.

Joining Ford Motor Company after graduating with her MBA, Boerio held a number of finance positions in the areas of product development, manufacturing, sales and corporate business planning, from 1976 to 1995. From August 1995 to September 2000, she served as the finance director for Jaguar Cars, Ltd., then a subsidiary of Ford. She also launched and served as the chair of Jaguar’s Women’s Product and Marketing Committee. Leaving Jaguar in 2000, Boerio worked as executive vice president, chief financial officer and treasurer of Ford Motor Credit Co., LLC, from October 2000 to March 2003, and as director of finance and strategy for Ford Motor Company International Operations from 2003 to 2004. She returned to Jaguar in July 2004 to work as managing director, leaving for good in December 2007, when Ford was in the process of selling its interest in the British car maker to Tata Motors, which is based in Mumbai, India.

Retiring from Ford, Boerio transferred to the political realm, serving as chief of staff for Congressman Joe Sestak (D-Pennsylvania) from February 2008 to January 2011. After Sestak left the House of Representatives in order to run, unsuccessfuly, for the Senate, Boerio was a special adviser to the Sandy Baruah, the president chief executive of the Detroit Regional Chamber of Commerce from March 2011 to February 2012, with an emphasis on developing the MICHauto association in support of the auto industry.

To read the complete article, see: Director of the United States Mint: Who Is Bibiana Boerio? (www.allgov.com/news/appointments-and-resignations/director
-of-the-united-states-mint-who-is-bibiana-boerio-121006?news=845873)

Wayne Homren, Editor

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