Karen Mills taps fellow Mainer Jeanne Hulit to be acting chief of Small Business Administration

WASHINGTON, D.C. — Karen Mills, the soon-to-depart administrator of the U.S. Small Business Administration, has tapped a fellow Mainer to take over as the agency’s acting chief, according to a letter Mills sent to her staff on Tuesday.

Jeanne Hulit, a former banker from Maine, will take over as acting administrator of the SBA, a cabinet-level post, upon Mill’s departure at the end of August, according to the letter, which was obtained by the Bangor Daily News. The news was first reported by The Washington Post.

Since February 2012, Hulit has been the SBA’s associate administrator and head of its Office of Capital Access in Washington, D.C. Before that she was the SBA’s administrator of the New England region. Hulit, a Falmouth resident, is a former senior vice president for commercial lending at Citizens Bank and a past official at the Maine Department of Economic and Community Development, according to the letter. 

Read full article here from the Bangor Daily News