Victoria Wassmer is the FAA's Assistant Administrator for Finance and Management. She oversees the agency's $16 billion budget and more than 3,000 employees. Wassmer manages the FAA's financial management, regional and Mike Monroney Aeronautical Center operations, information technology, contracting and acquisition.
In 2012, she spearheaded the agency's move toward "Shared Services," a revolutionary approach to reducing bureaucracy while improving service to the flying public. The shared services effort eliminated duplicate staffs and reduced the agency's administrative overhead expenses. Wassmer also instituted an effort by the agency to reduce and eliminate information technology costs, including the move to state-of-the-art cloud computing for the administrative systems used by 60,000 FAA employees and contractors.
Previously, Wassmer was Vice President of Administration and Finance at the Millennium Challenge Corporation, a federal agency that works with developing countries to reduce poverty through economic growth. At the Millennium Challenge, she oversaw finance, human resources, information technology, logistics, acquisition, grant management, overseas administration and security.
Before joining the Millennium Challenge, Wassmer from 2004-2010 served in several senior positions at the FAA. She was Deputy Assistant Administrator and Chief Financial Officer, Deputy Director of the Office of Budget and manager of the Performance and Cost Analysis.
In the years prior to her work at the FAA, Ms. Wassmer was a Senior Associate with the Carmen Group and also worked in the Office of Capital Programs & Oversight for the Washington Metropolitan Area Transit Authority. Her work there included creating legislative proposals for innovative financing solutions for the Surface Transportation Act reauthorization, capital project management, as well as program prioritization.
From 1996-2002, Ms. Wassmer was a policy analyst with the Office of Management and Budget. At OMB, she also served as Special Assistant in the Office of Information and Regulatory Affairs, and was a Program Examiner. In 1994, Wassmer worked in South Africa as a Research Assistant at the Development Bank of Southern Africa.
She holds a Masters in Public Policy from Harvard University and Bachelors in Political Science from Bryn Mawr College. She resides in the District of Columbia.