San Juan, PR – September 6, 2024 – The Financial Oversight and Management Board for Puerto Rico welcomes the announcement by President Joseph Biden of his intention to reappoint Andrew G. Biggs and John E. Nixon, and appoint Cameron McKenzie as members of the Oversight Board.
- Andrew Biggs, a senior fellow at the American Enterprise Institute (AEI), was first appointed to the Oversight Board at its initiation in 2016. Mr. Biggs is a renowned expert on government pensions, and public sector pay and benefits. Before joining AEI, Biggs was the principal deputy commissioner of the Social Security Administration.
- John Nixon was first appointed to the Oversight Board in 2020. He is a senior vice president at Acentra Health, a technology and health solutions and services company. Mr. Nixon previously oversaw finance, business and administrative functions for the University of Utah, Salt Lake City, and served as Michigan’s first Chief Financial and Administrative Officer and as Utah’s State Budget Director.
- Cameron McKenzie is the founder and chief executive officer of McKenzie & Associates LLC, a boutique investment bank and corporate finance advisory firm. Mr. McKenzie is an executive board member of the International Chamber of Commerce and was President of the Puerto Rico Chamber of Commerce. He is the Honorary Consul of Japan in Puerto Rico.
“I am grateful that President Biden reappointed Andrew and John, and welcome the appointment of Cameron,” said the Oversight Board’s Chairman Arthur J. Gonzalez. “Andrew’s and John’s experience in public sector finances and budgeting have been helping to guide Puerto Rico path to fiscal responsibility, and I am thankful that both continue to be part of Puerto Rico’s recovery. Puerto Rico’s economy is at the very heart of what we are focusing on now, and Cameron has already been an ally in helping Puerto Rico to return to growth as an active member of the Chamber of Commerce. His expertise in guiding the reforms and investment necessary to create a solid economic foundation will be critical for Puerto Rico’s future.”
Oversight Board members serve without pay.