Tim Reese

Timothy Reese
Timothy Reese
37th Treasurer of Pennsylvania
	In office; July 1, 2015 – January 17, 2017
Governor	Tom Wolf
Preceded by	Rob McCord
Succeeded by	Joe Torsella
Personal details
Born	1963/1964 (age 56–57)[1]
Political party	Independent
Spouse(s)	Sara
Children	3
Education	Temple University (BS)

Tim Reese was the Treasurer of Pennsylvania from 2015 to 2017. He was succeeded by Joe Torsella.

Early life and education

Reese holds a Bachelor of Science degree in Electrical Engineering & Electronics Technology from Temple University and was a Fellow at Temple University Fox School of Business.[2]

Career

After Treasurer Rob McCord resigned in 2015, Reese was nominated for the position by Governor Wolf.[1] As Treasurer of the Commonwealth of Pennsylvania, Reese served as chief executive of the Treasury Department and oversaw an operating budget of more than $40 million and a staff of approximately 350 employees. He served as the Chair of the Board of Finance and Revenue, which selects banks to serve as state depositories; sets interest rates paid on Commonwealth deposits; and hears and decides state tax appeals.

During a state budget crisis, Reese avoided a financial shutdown and chaired the investment committee to re-allocate over $1 billion in investments and apply new investment strategies. He established an emerging managers program and invested in affordable housing, small business and infrastructure projects. He developed a Small Business Initiative public–private partnership and implemented an internal training program to promote best practices and employee career growth.

Reese began his career with Honeywell, where he focused on applying software solutions for the paper industry. He was responsible for bringing new products and production capacity on-line. Reese left Honeywell to work with several new technology ventures from 1993 to 2015, serving in positions as manager of information systems, senior vice president, chief technology officer, chief finance officer, and chief executive officer during this time.

Personal life

Reese is married to Sara and has three children. In 2012, he started the National Minority Angel Network to promote investment in companies owned by women, minorities, and veterans.[1] As a panelist during Philly Tech Week 2017, Reese spoke on the benefit of a business plan for minority startups.[3]

gollark: Apparently. Or at least home breadmaking, because she did it first and is now... finding it harder to get ingredients.

gollark: Firing your pandemic response team a while before a pandemic is at least not as stupid as doing it during one.

gollark: I blame some sort of weird interaction between insurance companies, regulation/the government, consumers of healthcare services, and the companies involved in healthcare.

gollark: The US healthcare system is just really quite broken and there is probably not some individual there who's just going "MWAHAHAHA, my plan to increase the price of healthcare has succeeded, and I could easily make everything reasonable but I won't because I'm evil!", or one person who could decide to just make some stuff free right now without introducing some huge issues. It's a systemic issue.

gollark: Yes, they do have considerations other than minimizing short-term COVID-19 deaths, but that is sensible because other things do matter.

References

"Governor Wolf Nominates Timothy A. Reese for Treasurer". Governor of Pennsylvania. April 7, 2015. Retrieved November 24, 2018.
Langley, Karin (7 April 2015). "Wolf taps businessman Timothy Reese as state's next treasurer". Pittsburgh Post-Gazette. Retrieved 29 June 2015.
Kirbyb, Donte (May 9, 2017). "Beware the gentrification of ideas: Advice on how the Black community can go from consumer to creator". Technical.ly Philadelphia. Technical Media. Retrieved November 24, 2018.

Political offices
Preceded by Robert McCord	Treasurer of Pennsylvania 2015–2017	Succeeded by Joe Torsella

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[nom-1] "Governor Wolf Nominates Timothy A. Reese for Treasurer". Governor of Pennsylvania. April 7, 2015. Retrieved November 24, 2018.

[2] Langley, Karin (7 April 2015). "Wolf taps businessman Timothy Reese as state's next treasurer". Pittsburgh Post-Gazette. Retrieved 29 June 2015.

[3] Kirbyb, Donte (May 9, 2017). "Beware the gentrification of ideas: Advice on how the Black community can go from consumer to creator". Technical.ly Philadelphia. Technical Media. Retrieved November 24, 2018.