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CFO Sink Names Tammy Teston as New Chief of Staff

11/19/2009

CONTACT: Kyra Jennings or Kevin Cate, (850) 413-2842
 
TALLAHASSEE – Florida CFO Alex Sink announced today that Tammy Teston will be taking over as Chief of Staff for the Department of Financial Services, effective January 2010.  Teston currently serves as Deputy Chief Financial Officer for the Department.  Current Chief of Staff Jim Cassady will remain in the position until January for purposes of transition.
 
“Tammy’s decades of business experience and expertise in standing up for Florida’s consumers is invaluable and she is well-prepared for this new role,” said CFO Sink. “Tammy wakes up everyday looking for new, innovative ways to serve the people of Florida, and I have every confidence that she will be a tremendous asset to our state as my Chief of Staff.”
 
“I am honored to serve the people of Florida in this new capacity,” said Tammy Teston. “I look forward to working under CFO Sink’s leadership to continue to run our Department as efficiently and cost-effectively as possible, and protect citizens’ taxpayer dollars.”
 
As Chief of Staff, Teston will be responsible for managing the Office of the Chief Financial Officer and Department of Financial Services, which has nearly 2,000 employees and an annual budget of over $200 million.  Teston currently oversees four consumer-focused Divisions within the Department as Deputy CFO, including the Divisions of Consumer Services, Agent and Agencies, Funeral, Cemetery and Consumer Services, and Rehabilitation and Liquidation.
 
Before joining the public sector, Teston served as the Senior Vice President and Market Director for Bank of America Investment Services in Sarasota. With more than twenty years as a financial professional, Teston successfully revitalized underperforming banking centers and markets. She also helped lead integration efforts during banking mergers and strengthened banking customer service operations.
 
Teston received a Master of Business Administration from Georgia State University and a Bachelor of Science in Business Administration from the University of Florida. 
 
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As a statewide elected officer of the Florida Cabinet, CFO Alex Sink oversees the Department of Financial Services.  A successful businesswoman with nearly three decades of experience in the private sector, Sink is serving her first term as Florida's CFO.  As CFO, Sink's priorities include using her business experience to cut wasteful government spending, cracking down on financial and insurance fraud and reforming the state government's contracting practices.