Jill Jaworski—a municipal advisor who has worked with city schools and transit systems—is Chicago’s next finance chief.
Mayor-elect Brandon Johnson, who replaces Mayor Lori Lightfoot on May 15, made the announcement on Thursday.
Chicago is one of the nation’s most indebted major cities but has chipped away at its massive pension liability over the past decade. The city recently won back an investment-grade rating from Moody’s Investors Service after seven years of “junk” status.
Ms. Jaworski has more than a decade of experience at public finance firm PFM, which says on its website that she worked with clients including Chicago Public Schools and transit systems serving Washington D.C. and Dallas. A municipal advisor helps ensure state and local governments get the best price when they sell bonds to investors.
Mr. Johnson on Thursday also named Annette C.M. Guzman as budget director and S. Mayumi Grigsby as director of policy.
The Wall Street Journal
by Heather Gillers
May. 11, 2023