PFM Group announced today that five senior managing counsultants have been promoted to managing directors of the firm. PFM CEO F. John White announced the promotions of Maria Altomare, Nelson Bush, John Cape, Daniel Kozloff, and Scott Shearer.
Based at the firm’s St. Louis, Missouri office, Ms. Altomare has worked at PFM for four years as a senior managing counsultant in asset management after 20 years of banking experience. At PFM, she has major responsibilities as relationship manager for the Missouri Securities Investment Program (“”MOSIP”"), a comprehensive cash management program for school districts and municipalities and for other governmental entities. She delivers client services under the MOSIP program in Missouri as well as managing other PFM investment programs in Nebraska and Wyoming. Prior to joining PFM, she worked at US Bank.
Based in Arlington, VA, Mr. Bush has worked for PFM for 16 years, and currently provides clients with PFM investment services in Virginia. He is the day-to-day contact for participants in the SNAP Program, a bond proceeds management program started by PFM with the Virginia State Treasurer about 20 years ago. He has held a number of positions of increasing responsibility during his career at PFM, and has broad experience in operations as well as client service.
Based in the firm’s Albany, NY office, Mr. Cape joined PFM in 2007. As the former budget director for New York State, he oversaw one of the largest state budgets in the country and he brings that experience to every financial consulting assignment. Considered a national expert on state and local finances, he also serves as a senior fellow at the Rockefeller Institute. He co-leads the state government services in PFM’s strategic consulting practice. In particular, he is expanding PFM’s ability to help state governments use technology to control costs in human services and in the medical assistance delivery programs – large and complex areas that present great challenges to most state budgets.
Based in the firm’s Philadelphia office, Mr. Kozloff joined PFM in 1999 and has spent his entire career with the firm. He initially worked as a financial advisory consultant, and provided support for a variety of strategic consulting and financial advisory clients, before joining PFM’s quantitative strategies group (QSG) some five years ago. For the last several years, he has served as manager of the QSG, with lead responsibilities for business plan support, training programs, and firm wide model/technical infrastructure development and support (R&D). Additionally, he works in multiple capacities with several large municipal issuers throughout the Commonwealth of Pennsylvania. His special ability to continually provide updates on new industry developments, new market trends and improved technical capabilities has been a key factor in PFM’s recent growth.
Based in Harrisburg, PA, Mr. Shearer joined PFM twelve years ago, working in the Pennsylvania local government practice since that time. His clients include a wide variety of Pennsylvania local governments, including school districts, cities, boroughs, townships, counties, and municipal authorities. In addition, he has developed special expertise in distressed swaps, troubled variable rate transactions, and bond pool projects. -PRNewswire
