Victoria WassmerAssistant Administrator for Finance and Management
Federal Aviation Administration
Victoria Wassmer is the FAA's Assistant Administrator for Finance and Management, where she directs the agency's $16.9 billion budget and a workforce of over 3,000 employees. In this role, she oversees the FAA's financial management, the regional and Mike Monroney Aeronautical Center operations, and the information technology, contracting, and acquisition offices. Wassmer has more than 22 years of experience in establishing and leading high-profile organizations and programs in both public and private industry. In late 2011, under her leadership, the agency consolidated its corporate support functions under a forward-thinking, shared services operating model. This shared services model reduced bureaucracy, cut the agency's administrative overhead expenses, eliminated redundancies, and improved service to the flying public. Wassmer also instituted an agency-wide initiative 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. In July 2016 she was selected to serve as the Acting Deputy Administrator of the Federal Aviation Administration. In that role, she was responsible for helping to ensure the safe and efficient operation of the largest aerospace system in the world, as well as regulating the safety of the U.S. aviation industry. Wassmer also served as the Chief NextGen Officer, where she was responsible for the development and implementation of the FAA's air traffic control system modernization. Wassmer previously served as Vice President of Administration and Finance at the Millennium Challenge Corporation from 2010-2011, a federal agency that works with developing countries to reduce poverty through economic growth. She was responsible for overseeing the Corporation's finance, human resources, information technology, logistics, acquisition, grant management, overseas administration, and security operations. From 2004-2010, Wassmer held several senior positions within the FAA, including Deputy Assistant Administrator and Deputy Chief Financial Officer; Deputy Director of the Office of Budget; and Manager of Performance and Cost Analysis. Prior to that, she was a Senior Associate with the Carmen Group and worked in the Office of Capital Programs & Oversight for the Washington Metropolitan Area Transit Authority. From 1996-2002, Wassmer was a Policy Analyst at the Office of Management and Budget. At OMB, she also served as a Special Assistant in the Office of Information and Regulatory Affairs and as 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 a Bachelors in Political Science from Bryn Mawr College.