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Photo: Teresa Mullett Ressel, Assistant Secretary for Management & Chief Financial Officer

Teresa Mullett Ressel
Assistant Secretary for Management & Chief Financial Officer

 

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Teresa Mullett Ressel was appointed by President Bush in August 2003 to serve as Assistant Secretary for Management & Chief Financial Officer. Ms. Ressel joined the Bush-Cheney Administration in August 2001 as Deputy Chief Operating Officer (Deputy Assistant Secretary, Management and Budget).

As the Assistant Secretary for Management, Ms. Ressel serves as the Department’s Chief Operating Officer and Chief Financial Officer. She represents the Secretary’s interests on a broad array of financial and management matters for the Department, including:

  • Strategic planning, performance budgeting, performance metrics
  • Human capital, workforce management, personnel, training, equal employment opportunity
  • Security, planning and management analysis
  • Financial management and accounting
  • Information technology
  • Environmental Health and Safety
  • Management and Administrative Support Services
  • Implementation of the President’s Management Agenda at Treasury
Prior to joining the Treasury Department, Ms. Ressel served as Vice President and Chief Compliance Officer for Kaiser Foundation Hospitals, Inc. and Kaiser Foundation Health Plan, Inc. She managed the legal, regulatory, legislative, and operational issues for 90,000 employees. Ms. Ressel directed auditing and investigation functions, including relationship management with Federal and State regulatory enforcement agencies, and led long term training and development for employees. Ms. Ressel also served as Vice-President, Environmental, Health and Safety where she directed emergency preparedness and response programs, security, safety programs, and environmental programs for physicians, employees and 10 million members. As the executive sponsor and General Manager of this National function, she led a corporate governance function for auditing and policy development, and managed four geographically based service hubs.

Prior to joining Kaiser Permanente, Ms. Ressel served as a Program Manager at Hewlett Packard’s headquarters in Palo Alto, California, starting her corporate career at General Dynamics, Groton, Connecticut as a Nuclear Engineer managing a variety of nuclear engineering and nuclear testing efforts on Trident Class and 688 Class Attack Submarines.

Ms. Ressel holds B.S. and M.S. Engineering degrees from the University of Delaware. She completed her MBA from Rensselaer Polytechnic Institute in 1990. She received the University of Delaware’s Presidential Citation for Outstanding Alumni Achievement in 1996.