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2/14/2002



Rail News: Passenger Rail

SEPTA chooses one of its own for GM


Like other transit agencies in the past several months, Southeastern Pennsylvania Transportation Authority installed a new general manager: SEPTA Chief Financial Officer and Treasurer Faye Moore.



Moore succeeds John Leary Jr., who stepped down Jan. 31, and will begin her three-year term Feb. 15.



"In Faye, the board has selected a seasoned professional who will continue to build on the success of recent years, as well as to lead her team to embrace the challenges of the future," said Chairman Pasquale Deon in a prepared statement. "While Faye’s record of accomplishment in the financial field is well recognized, less well known are her proven talents as a senior executive and administrator."



Moore has been serving as CFO and treasurer since 1995, responsible for managing annual capital and operating budgets of more than $1 billion — which have been balanced and provided a surplus four of the past five years.



Although Moore is the first woman and the first African American to serve as SEPTA GM, she’s the second to be selected from within the organization. Joseph Mack served from 1984 to 1988 and also was treasurer before his appointment.



Before beginning her SEPTA stint, Moore served as vice president, audits and acquisitions, Providian Corp.; senior manager, audit services, Mitchell Titus LLP; director, business analysis & operational planning, CIGNA Corp.; director, mergers & acquisitions/strategic planning, CIGNA Corp.; and senior manager, KPMG LLP.


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