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FOR IMMEDIATE RELEASE 01-07
June 14, 2001

Governor Davis Appoints Chief Deputy Commissioner to the Department of Financial Institutions

SACRAMENTO - Governor Gray Davis today announced the appointment of Carol D. Chesbrough as Chief Deputy Commissioner of the Department of Financial Institutions.

Ms. Chesbrough, 49, of Sacramento, is the Acting Chief Deputy Commissioner for the Department of Financial Institutions. She has more than 20 years of experience in state government, law and policy positions. Ms. Chesbrough served as the Administrative Advisor and Counsel to the Executive Director of the California Complete Count Campaign. From 1986 to 1999, she held positions at the California Department of Agriculture, which included Senior Counsel, Marketing Division Director, and the Change Management Director. During her tenure with the State of California, Ms. Chesbrough has also served at the California Department of General Services, the California Energy Commission, and the California Attorney General's Office. She earned a bachelor of arts degree from Humboldt State University, and a juris doctorate degree from McGeorge School of Law.

The Chief Deputy Commissioner oversees administrative services, financial matters, policy planning and legislative affairs for the Department of Financial Institutions. Ms. Chesbrough will receive a salary of $108,324. This position does not require Senate confirmation.