Florida’s Chief Financial Officer Jeff Atwater announced today that following the 2017 Legislative Session he will be accepting the position of Vice President of Strategic Initiatives and Chief Financial Officer of Florida Atlantic University. In this capacity Atwater will lead strategic initiatives and economic development opportunities for FAU as well as manage the University’s finances and budget.
“President Kelly has assembled a truly visionary executive leadership team and faculty, who are ideally positioned to move Florida Atlantic University into a higher echelon of academic achievement and recognition. I am honored to join FAU in such a significant capacity. While I would have preferred to embrace this opportunity at a later date, the timing of crucial University initiatives warranted an accelerated transition. In the near term I will remain focused on the Department of Financial Services’ legislative agenda through the conclusion of the session and provide Governor Scott sufficient time to thoughtfully consider the selection of Florida’s next CFO,” Atwater said.
Under CFO Atwater’s guidance, the Department of Financial Services has received national recognition for its management of the State’s financial systems and processes, including awards for superior financial transparency, aggressively pursuing insurance fraud, leading the country in returning unclaimed property to its rightful owners and providing a broad array of financial literacy programs to Florida residents. The Department lead a nationwide effort to identify insurance benefits that had wrongly been withheld by insurance carriers and successfully obtained hundreds of millions of dollars in benefits that were returned to Florida’s citizens. As State Fire Marshal the department overhauled firefighter training, career advancement and is now pursuing a statewide initiative to eliminate the tragic frequency of cancers prevalent among firefighters.
CFO Atwater has enjoyed a lengthy relationship with FAU. “The South Florida community has long known of my enthusiastic support of Florida Atlantic University. First, as a banker, collaborating with the mission and economic engine of the University, then as a legislator representing their varied campuses and priorities and lastly as a parent of FAU students. President Kelly guides an inspired faculty and celebrates the growing achievements of the most diverse university student body in Florida. I am truly excited to accept responsibility for strategically developing public private partnerships and other initiatives to enhance the mission of the University while maintaining its historically sound financial management,” added Atwater.
“As I prepare to exchange my service to the people of Florida from the position of their CFO to the position of CFO of one of the State’s most vibrant universities, I am grateful for the commitment of all those I have served with these past six years and all those I will serve with in the future,” he concluded.
Chief Financial Officer and State Fire Marshal Jeff Atwater, a statewide elected official, oversees the Department of Financial Services, serves as Florida’s State Fire Marshal, and is a member of the Florida Cabinet. CFO Atwater’s priorities include fighting financial fraud, abuse and waste in government; reducing government spending and regulatory burdens that chase away businesses; and providing transparency and accountability in spending.