June 30, 2016
(PORTLAND, OR) – Javier Fernandez has been appointed
executive vice president and chief financial officer for the Bonneville Power
Administration. Fernandez, currently BPA’s deputy chief financial officer, will
assume his new role in the next few weeks, taking over for Nancy Mitman, who
announced earlier this year that she would retire in July.
As BPA’s chief financial officer, Fernandez will oversee
capital and debt management, accounting, cash management and budgeting for
BPA’s $4.3 billion total budget.
“Javier unquestionably brings to this vital position the
kind of financial knowledge and real-world experience that will help us meet
the many challenges sweeping today’s energy industry,” said BPA Administrator
Elliot Mainzer. “I look forward to working closely with him as we map out our
path for lasting success, with an eye toward remaining the Northwest’s
wholesale energy provider of choice.”
Fernandez joined BPA in 2012. In addition to leading the
capital portfolio management program, he has served as BPA’s treasurer,
directing financial planning and investment of funds for BPA and exercising
authority for receipt, disbursement, banking, custody of funds and financial
instruments.
Before coming to BPA, he served for three years as senior
vice president with D.A. Davidson & Co., a financial services firm, and
seven years with Seattle-Northwest Securities, performing public finance
banking and financial advisory services to municipal jurisdictions primarily in
Oregon.
“The energy industry is in a transformative era, and I am
very excited to be among those utility professionals who will have a chance to
address the challenges and opportunities ahead while continuing our legacy of
delivering on our mission to the region,” Fernandez said. “At the same time, I
look forward to – and recognize the importance of – working with our customers
and other stakeholders to continue BPA’s prudent approach to fiscal
management.”
Fernandez has a Bachelor of Science in economics from ITAM
in Mexico City and a master’s in Business Administration from Yale University.
He and his wife, Belinda, live in Portland, where earlier this year they
welcomed new daughter Emily into their family, joining their 5 year-old
daughter, Lucia, and 2 year-old son, Alex.