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Assistant Secretary for Financial Management and Comptroller departs

WASHINGTON -- Michael Montelongo, Assistant Secretary of the Air Force for Financial Management and Comptroller, has accepted an offer from a private firm and will leave the Air Force effective Mar. 28, 2005.

Mr. Montelongo is the principal advisor to the Secretary of the Air Force, Chief of Staff and other senior Air Force officials for budgetary and fiscal matters. He serves as the Air Force's chief financial officer responsible for providing the financial management and analytical services necessary for the effective and efficient use of Air Force resources.

"Mike Montelongo has done a tremendous job leading our ongoing effort to transform the Air Force's Financial Management services and business enterprise. Under his leadership, the Air Force Financial Management team has achieved substantial reform in financial management and has continued to 'finance the fight' for an Air Force actively engaged in the Global War on Terror. We are thankful for his dedication, leadership and service to our nation and the Air Force. We wish him all the best as he transitions to private industry," said Peter B. Teets, Acting Secretary of the Air Force.

Mr. Montelongo was sworn in as the 18th Assistant Secretary of the Air Force for Financial Management and Comptroller on Aug. 6, 2001, and is the senior Hispanic official in the Air Force.