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SBA Acting Administrator Jeanne Hulit Announces Departure; Markowitz to be SBA Acting Administrator

Release Date: 
Thursday, January 23, 2014
Advisory Date: 
Friday, January 31, 2014
Contact: Caroline Ciccone (202) 205-6948/Joan Trudell 617-565-5572


SBA Acting Administrator Jeanne Hulit Announces Her Departure

WASHINGTON – SBA Acting Administrator Jeanne Hulit today announced her departure. Following is the note that was sent to SBA staff:

Dear SBA Team,

It has been an honor and a privilege to serve as your Acting Administrator for the last five months. When President Obama asked me to serve in this role, I took on this assignment because I believe in what the SBA does and I believe in public service. I delayed returning home to Maine to re-enter the private sector. The time has come for me to move on from the Agency and start the next phase of my career. Starting on February 17, I will assume the role of President, Northeast Community Banking Division, at Northeast Bank in Maine. My last day at SBA will be on February 7.

I am excited to share that the President has decided to designate Marianne Markowitz to be Acting Administrator while we wait for Maria Contreras-Sweet’s nomination to go through the Senate. Marianne has been with the Agency as Regional Administrator of Region V, a position she has held since August 2009. For the past five years, Marianne has represented this Agency well, promoting our programs and services and advocating for President Obama’s small business agenda. She is well prepared to step in and continue to lead the work of the entire Agency during this period of transition. 

I have thoroughly enjoyed working alongside you these past five years. We have accomplished so much and made a difference for so many people who had an idea and followed their dreams.  I may have been the one to represent the Agency to the President and small business owners over these past few months, but you were always there with me in the room or out in the field.

I want to thank Marianne for taking on this assignment. I know she will do a great job. More importantly, I know that you will continue to carry out the important work you do every day to help America’s 28 million small businesses succeed.


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