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Deputy State Treasurer Catherine Z. Brennan. (Photo: National Institute of Public Finance).

Brennan leaving Treasury post

Deputy state treasurer is new NJIT CFO

By David Wildstein, August 26 2021 10:41 am

Deputy State Treasurer Cathy Brennan will leave her post next month to take a job at the New Jersey Institute of Technology, ending a 27-year career in state government.

Brennan will become vice president and chief financial officer of NJIT.

The departure of Brennan could signal an intention of State Treasurer Elizabeth Muoio to remain in office if Murphy wins re-election to a second term.  Brennan would likely have been considered for the post had Muoio moved on.

Named deputy state treasurer by Gov. Phil Murphy in 2018, Brennan runs the Office of Management and Budget and the Office of Revenue and Economic Analysis.  She also represents the Murphy administration on the New Jersey Economic Development Authority and the Statehouse Commission.

Prior to joining the State Treasurer’s office, Brennan worked at the non-partisan Office of Legislative Services, where she specialized in revenue estimations and the analysis of fiscal and tax policies.

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