Pittsburgh CFO, budget director leaving for new opportunities
August 28, 2018
Sam Ashbaugh, the city's Chief Financial Officer, and Jennifer Presutti, the director of the city's Office of Management and Budget, are leaving city government next month to take new positions.
Mayor William Peduto appointed Mr. Ashbaugh in May 2014 as the Director of the Office of Management and Budget. Formerly working at the consulting firm Deloitte as well as at the Government Finance Officers Association in Chicago, Ashbaugh was among the final hires through the city's foundation-backed Talent City process, which searched nationally for the best recruits for top city government positions. Ashbaugh was elevated to Chief Financial Officer in 2017.
Ms. Presutti joined the city in 2010 and Mayor Peduto promoted her to OMB Director in 2017. She has served as a budget analyst, senior budget analyst, capital budget manager, assistant director- capital and asset management, and finally director.
"The problem with hiring good people is others are going to try to hire them too," Mayor Peduto said. "This is the kind of turnover that happens naturally in a second term, especially with public servants of this magnitude."
"I and other Pittsburgh taxpayers owe Sam a lot of thanks – he instituted truth-in-budgeting to the city for the first time, focused on implementing leading practices, oversaw the implementation of new technology across all of the city's financial operations, saw us out of Act 47 oversight, and placed budget reforms into city law that will further strengthen our finances for years to come."
Ms. Presutti is becoming budget director of the Pittsburgh Water and Sewer Authority.
"Jen helped see us out of financially distressed status, and took on the great challenges facing upgrades to facilities citywide, which has long been one of our most vexing long-term financial issues," the Mayor said. "She has cultivated a great OMB staff that will continue to provide strong budgetary oversight into 2019 and beyond. In her new role, Jen is exactly who the city needs to help guide the continuing restructuring of the PWSA."
Mr. Ashbaugh is taking a position as executive director, finance at Carnegie Mellon University's Tepper School of Business.
"After starting my professional career as a budget analyst in OMB back in 1997, I was honored when Mayor Peduto had the confidence in my abilities to name me as Director of OMB in 2014 and have my career come full circle. We have made significant progress to strengthen the City's finances and transform the delivery of core internal and citizen-facing services, but none of this would have been possible without the many talented and hard-working city employees with whom I've had the pleasure of working with over the last four-plus years," Mr. Ashbaugh said.
Both Mr. Ashbaugh and Ms. Presutti are leaving city government on Friday, Sept. 14. Announcements on acting directors of OMB and Innovation and Performance (where Mr. Ashbaugh is serving as interim director) will be made in coming weeks.
Mr. Ashbaugh, Ms. Presutti and other budget officials are currently drafting and having meetings on the city's 2019 operating and capital budgets, which are set to be filed with the Intergovernmental Cooperation Authority in late September.