(The Associated Press circulated the following on May 1.)
WASHINGTON, D.C. — Amtrak on Tuesday named William H. Campbell, a former assistant secretary at the Department of Veterans Affairs, as chief financial officer.
Amtrak has been without a CFO since December. Then-CFO David Smith was among several top executives to leave the national passenger railroad as company president, Alex Kummant, who took over in September, reshuffled the senior management team.
Campbell most recently served as a director in KPMG’s federal CFO consulting practice in Washington. Before that, he was an assistant secretary and CFO at the Department of Veterans Affairs. He also served as chief engineer and deputy commander for the Naval Supply Systems Command and as the CFO for the United States Coast Guard.
At Amtrak, Campbell will report directly to Kummant and will oversee the railroad’s treasurer, controller and assistant vice presidents for financial planning and financial analysis.
Amtrak has long-term debt of nearly $3.5 billion and has been under pressure from the Bush administration to wean itself off government subsidies. However, Kummant has said complete self-sufficiency will never be possible.