Preston named SBA administrator

Steven Preston, a financial management expert, hass ben sworn in as the new administrator of the Small Business Administration.

He replaces Hector Barreto, who resigned in April after five years at the helm of the organization.

Preston was confirmed by unanimous consent of the Senate June 29. During his confirmation hearing, Preston emphasized the importance of financial management, operational responsiveness and customer service at SBA.

Preston is the former executive vice president of The ServiceMaster Company, Downers Grove, Ill. The company owns home and land care companies, including TruGreen ChemLawn and Terminix. Preston had also served as the company's chief financial officer, according to SBA.

Preston previously worked as senior vice president and treasurer of First Data Corp., Greenwood Village, Colo. He is the 22nd administrator since SBA's establishment in 1953.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

I agree to this site's Privacy Policy.