SBA's Galvan to return to private sector

Stephen Galvan, whose swift rise through the federal government culminated as deputy administrator of the Small Business Administration, has decided to return to the private sector.

Galvan started off three-and-a-half years ago as an Office of Management and Budget e-government portfolio manager before becoming SBA's CIO, chief operating officer, chief of staff and finally deputy administrator. His last day will be March 2.

'I made a commitment to transition to the new administrator and deputy administrator and that is done,' Galvan said. 'It has been a privilege to be engaged in a number of different levels of responsibilities. It gave me a lot of insight in a very concentrated amount of time.'

Congress confirmed SBA's new administrator Steven Preston in July and Jovita Carranza as deputy administrator in December.

Galvan said he is unsure what he will do next, but he knows he wants to return to the private sector, where he spent 20 years of his career, including time with four different Fortune 500 companies.

Galvan had a hand in a number of different federal projects, including championing, one of OMB's e-government initiatives. relaunched in October, and Galvan had shepherded it since he was at OMB in 2002.

'We've managed to deliver many of our programs at SBA,' Galvan said. 'While managing our transformation of which we've done some centralization, we've incorporated many objectives of the [President's Management Agenda].'

He added that SBA has doubled the number of loans to small businesses over the last four years and 'managed the challenges of reduced budgets in the civilian sector.'

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