State Announces New CFO

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The Indiana Department of Revenue has named Valerie Hunt chief financial officer. She has served as the department's deputy controller and will succeed Mike Ashley, who is retiring at the end of the year. December 2, 2013

News Release

INDIANAPOLIS, Ind. - The Indiana Department of Revenue announces Valerie Hunt, CPA, MBA, as the department's new chief financial officer. Hunt has served as deputy controller for the department since July 2012.

As chief financial officer, Hunt will lead the department's finance division, which includes accounting operations and reporting, electronic funds transfer and related banking functions, contracts and accounts payable, internal audit, and financial planning and analysis.

"Valerie has done an outstanding job of enhancing our accounting and budgeting process and reporting," said Commissioner Mike Alley. "She is uniquely qualified to assume the role of chief financial officer for the department and build on our recent success."

Hunt brings strong finance and accounting experience to the department having been engaged in financial management roles at Brightpoint, Rolls Royce and Guidant Corporation.

Hunt is a CPA with a BS in accounting and an MBA in finance from the Kelley School of Business at Indiana University, Bloomington. She replaces Mike Ashley, who was appointed chief financial officer by Governor Mitch Daniels in May 2012. Ashley is retiring at the end of the year.

Source: The State of Indiana