featured graphic for California State Treasurer Fiona Ma

State Treasurer Fiona Ma appoints Derek Chernow to lead two important Environmental Authorities

To better meet the goals of California in pursuit of a net-zero carbon future, Treasurer Fiona Ma continues to streamline operations at the State Treasurer’s Office and create operational efficiencies for two financing authorities she chairs, the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) and the California Pollution Control Financing Authority (CPCFA).

In 2020, Treasurer Ma appointed Derek Chernow as Executive Director of CAEATFA. Today she announced his appointment to also serve as the Interim Executive Director of CPCFA. He will assume his additional role and responsibilities on March 1, 2021.

“Since joining our team, Mr. Chernow has proven to me that he is up to the task,” Treasurer Ma said. “He has the ideal mix of experience, skills, leadership, and knowledge of environmental and transit issues. His energy and creativity will continue to take our office to new heights in combating climate change.”

Mr. Chernow has a long history in the public, private and non-profit sectors working on many important environmental and transit-related issues. He was Acting Director and Chief Deputy Director of the California Department of Conservation and has worked for a number of elected officials, including the chair of the California State Senate Budget Subcommittee on Resources, Environmental Protection, and Energy & Transportation.

In the private sector, Mr. Chernow spent time as Government Affairs Director for an alternative fuel and e-mobility company, helped launch a clean tech venture capital fund and served as an executive in a public affairs consulting firm specializing in energy and the environment.

Currently, he is on the Board of the Sacramento Tree Foundation and is the immediate past-President of the North Natomas Transportation Management Association.

Mr. Chernow earned his Bachelor’s degree in Geography from California State University at Northridge and a Master’s in Public Administration from California State University at Dominguez Hills.

This article was released by the California State Treasurer’s Office.