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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release July 28, 1993

PRESIDENT CLINTON NAMES DONALD WURTZ AS CHIEF FINANCIAL OFFICER

AT THE DEPARTMENT OF EDUCATION

WASHINGTON, D.C - President Clinton today announced his intention to nominate financial expert Donald R. Wurtz as Chief Financial Officer at the Department of Education. Wurtz is director of the General Accounting Office unit charged with cracking down on high risk areas of waste, abuse and fraud in the federal government and has worked extensively on problems involving the Education department's Guaranteed Student Loan Program.

At the Education Department, Wurtz will be charged with improving accounting and financial management. He also will play a key role in implementing the Direct Student Loan Program.

"Throughout his career, Don Wurtz has worked to uncover and correct the abuse and mismanagement that is too common in the federal government," the President said. "As CFO at Education, Don will work with Secretary Riley to ensure that the tax dollars of hardworking Americans are not wasted, but instead directed 100 percent to bettering education in America."

Currently Director of Financial Integrity Issues at the GAO, Wurtz developed and managed the GAO's High Risk program, designed to identify and recommend corrective measures for areas of the government vulnerable to fraud, waste, abuse and mismanagement. Wurtz' office recently issued a report detailing past management deficiencies within the Education department which Secretary Riley said he and his team will use as a road map as they work to improve the management of the department.

From 1984 to 1989, Wurtz was a board member and chairman of the finance committee of Catholic Healthcare West, a billiondollar non-profit health care network operating in California and Arizona. From 1958 - 84, he was a partner with the international accounting and consulting firm Arthur Anderson & Co. Wurtz earned a B.S. from the University of Colorado. He is married to Mary E. Wurtz and the couple have two children.

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