SBA Chief, Other Key Administration Officials Announce Departures

February 11, 2013

Several senior Obama administration officials have announced their departures from government service recently, adding to the list of vacancies the president will need to fill for his second term.

Small Business Administration head Karen Mills announced her resignation on Monday. Mills joined the agency in 2009 after a career in venture capital and small business management. Her reforms included speeding up the payment times for small federal contractors and expanding lending during the financial crisis. Obama elevated the agency in 2012, inviting Mills to Cabinet meetings.

The president said that Mills was the lead voice for promoting the administration’s stance on entrepreneurship, and played a key role in the passage of the 2010 Small Business Jobs Act.

“Over the last four years, Karen has made it easier for small businesses to interact with the federal government by reducing paperwork and cutting through red tape,” he said in a statement released on Monday.

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