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Boston — Executive Office for Administration and Finance Secretary Kristen Lepore today announced the appointment of Mike Heffernan as Commissioner for the Massachusetts Department of Revenue (DOR). Heffernan, an experienced financial services executive, will begin leading the agency responsible for the state’s tax, child support, and municipal finance laws on May 2, 2016. Kevin Brown, current General Counsel for DOR, will serve as acting Commissioner beginning on April 4, 2016.
“Mike’s financial services experience and commitment to public service makes him an ideal Commissioner for the Department of Revenue,” said Governor Baker. “I’ve asked Mike to serve on two important public boards already and look forward to his continued service and leadership in this essential role.”
“The Department of Revenue’s daily functions and timely projections are essential to the operation of state government,” said Kristen Lepore, Secretary of the Executive Office for Administration and Finance. “Mike’s extensive finance experience and entrepreneurial background will be critical to leading an agency with crucial responsibilities to the Commonwealth and the customers who pay taxes here.”
“I am honored to be named Commissioner of the Department of Revenue and thank Secretary Lepore for this great opportunity,” said Mike Heffernan. “DOR serves a critical role in the Commonwealth by leading compliance with our tax, child support and municipal finance laws, and I look forward to working with the staff, taxpayer community and other key stakeholders to deliver the agency’s mission in a consumer-friendly manner.”
Mike Heffernan has more than 25 years of experience in financial services, capital markets and entrepreneurship. Heffernan spent nearly two decades in increasingly senior roles at Citigroup’s Markets & Banking division, where he oversaw Citi’s 7 U.S. Regional Distribution offices in institutional equities. He co-founded Mobiquity Inc. in 2011, a Massachusetts-based tech start up in the mobile-IT professional services space. Previously, he was a managing director at Salomon Brothers and spent the early part of his career with NatWest Markets and EF Hutton & Co. Heffernan was named to the MBTA Retirement Board and Pension Reserves Investment Management Board by Governor Baker in 2015.
About DOR: The mission of the Massachusetts Department of Revenue is to achieve maximum compliance with the tax, child support and municipal finance laws of the Commonwealth. In meeting its mission, the Department is dedicated to enforcing these laws in a fair, impartial and consistent manner by providing professional and courteous service to all its customers.