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December 20, 2010

Director of United States Mint Resigns

Moy Will Depart for Position in Private Sector

Washington, DC-Director of the United States Mint Edmund C. Moy announced today that he has submitted his resignation to President Barack Obama.  He also informed Secretary of the Treasury Timothy Geithner and Treasurer of the United States Rosie Rios of his resignation, effective January 9, 2011. Moy has accepted a position in the private sector.

Moy was sworn in as 38th Director of the United States Mint in September 2006 after being appointed by President George W. Bush for a five-year term.  Prior to assuming his duties as Director of the Mint, Moy was a Special Assistant to President Bush for Presidential Personnel. 
  
In his remarks to all Mint employees about his departure, Moy praised their performance during his tenure.  "I'm proud of the progress we've made over four and a half years.  The Mint is a better place and delivering more value to the American taxpayers. The foundation has been rebuilt and the work is now in your capable hands," he said. "Please know that I will always remember my being Director of the United States Mint as a special time in my life."

Prior to his public service in the White House and Mint, Moy spent eight years working with venture capital firms and entrepreneurs.  From 1989 to 1993, he served President George H. W. Bush as a political appointee at the federal Health Care Financing Administration at the U.S. Department of Health and Human Services.  He has also served as a sales and marketing executive for Blue Cross Blue Shield of Wisconsin.

Moy graduated from the University of Wisconsin in 1979 with a triple major in economics, international relations and political science.  He and his wife Karen have a daughter, Nora.

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