The news comes a day after Brown signed into law a new balanced budget for the 2013-2014 fiscal year amid improving economic conditions in the Golden State.
Governor Edmund G. Brown Jr. announced today (Friday, June 28) that after more than a decade of service to the state, Matosantos has decided to leave the administration in September, at which point Chief Deputy Director of Finance Michael Cohen will be appointed Director.
“During very tough economic times, Ana carried out her duties as finance director with insight, boundless energy and uncommon effectiveness,” said Governor Brown. “Michael has been an excellent chief deputy director and I’m confident that he’s fully up to the task of leading the department in the years ahead.”
Matosantos, who is married to Sally Espinoza, was first appointed finance director by former Governor Arnold Schwarzenegger in December 2009. Brown opted to retain her in the position.
“It has been a privilege to serve the people of California during very difficult fiscal times, and now the state’s economy is recovering and its budget balanced,” said Matosantos. “I am humbled by the Governor’s trust and honored that he gave me this incredible opportunity. My colleagues at the Department of Finance embody all that is good about public service and my life has been enriched by serving the people of this great state as the department’s director.”
In the fall of 2011 Matosantos apologized and offered to resign after being arrested on suspicion of driving while intoxicated. Brown refused to accept it.
Matosantos earned a Bachelor of Arts degree in political science from Stanford University in 1997 and has spent her career so far working in various positions with the state government.
Cohen, 40, of Sacramento, will be appointed Director of Finance, effective September 16, 2013.
“I am honored that Governor Brown has chosen me as the next Director of Finance,” said Cohen. “It is a tremendous opportunity for public service, and I look forward to assisting the Governor and the Legislature in continuing the tremendous fiscal progress that we’ve made.”
Cohen has served as Chief Deputy Director for Budget at the California Department of Finance since 2011. He earned a Master of Public Affairs degree from the Lyndon B. Johnson School at the University of Texas and a Bachelor of Arts degree in urban studies from Stanford University.
He lives with his wife Amy Supinger and two dogs, Lulu and Dexter. This position requires Senate confirmation and the compensation is $180,250. Cohen is a registered decline-to-state.