About Director James E. Thorsen Prior to his appointment as Director of Administration, Thorsen served as Director of the Department of Revenue. Thorsen also served as a Budget Advisor for the U.S. Department of Treasury, advising developing democracies in best financial practices. He was previously Deputy Director/Chief Financial Officer of HSRI, Rhode Island’s health insurance exchange, where he was responsible for developing and operating the organization’s budget. In addition to a 16-year tenure at State Street Global Advisors in public pension management, Thorsen served as Deputy Treasurer for Finance in the Rhode Island Office of the General Treasurer. Thorsen has also served as a member of the Public Finance Management Board, Tobacco Settlement Board and State Investment Commission. Thorsen received an MBA in Finance from the University of North Carolina and a bachelor’s degree in Economics and Political Science from Boston College, and holds the Chartered Financial Analyst (CFA) designation.