FORMER CFO FOR MUNICIPALITY OF ANCHORAGE
Gov. Mike Dunleavy today appointed Lucinda Mahoney as commissioner of the Alaska Department of Revenue.
Mahoney has 30 years of broad experience in the areas of consulting, treasury, debt management, investment management, accounting, budgeting, and business development. She was named Commissioner effective today, Feb. 4, 2020.
“Lucinda’s experienced background and outstanding work ethic will make her an excellent Commissioner. Her previous experience with the Municipality of Anchorage, and understanding of debt services, will be valuable to not only the Department of Revenue, but our entire state as we look to create a more prosperous future,” the governor said. “I thank Lucinda for her readiness to serve our great state.”
Mahoney is the owner of Value Solutions, LLC, from which she operates as a business consultant and investment manager. She formerly served as the chief financial officer for the Municipality of Anchorage, and as the executive director of the Arctic Slope Regional Development shared services center. Prior to that, Mahoney was a director with KPMG LLP, managing its business consulting practice in Alaska.
She received her Bachelors of Business Administration from the University of Texas, and her Masters of Business Administration from the University of Alaska, and received certification from the National Association of Certified Valuation Analysts.
“I share the governor’s vision of obtaining long term fiscal sustainability to create opportunities for all Alaskans and move Alaska forward. I look forward to working with Governor Dunleavy and his administration to identify practical and efficient solutions to the issues our state is currently facing,” said Mahoney, in the governor’s news release.
Mike Barnhill, who was appointed Acting Commissioner of the Department of Revenue in December when Bruce Tangeman resigned will serve as the department’s deputy commissioner.