Jovita Carranza

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Jovita Carranza
Jovita Carranza official photo.jpg
44th Treasurer of the United States
Assumed office
June 19, 2017
President Donald Trump
Preceded by Rosie Rios
Deputy Administrator of the Small Business Administration
In office
December 2006 – January 2009
Personal details
Political party Republican

Jovita Carranza is the 44th Treasurer of the United States after being appointed by President Donald Trump. Previously she served as the Deputy Administrator for the United States Small Business Administration from December 2006 to January 2009.[1] Appointed by President George W. Bush, Carranza was unanimously confirmed by the U. S. Senate. Prior to the SBA appointment, Carranza served as Vice President of Air Operations for United Parcel Service (UPS) the world’s largest package delivery company at its facility in Louisville, Ky., where she oversaw the automated package processing operation.[2]

Previously, Carranza was the President & CEO of the JCR Group, a consulting firm working with UA[expand acronym] corporations and non-profits UA[expand acronym] wide with a focus on business development, profit and loss management, operations, logistics and systems optimization.

A committed and active community leader, Jovita serves on the boards of United Way, National Center for Family Literacy, National Council of La Raza, SCORE, Alverno College and the American Cancer Society Corporate Advisory Council. Jovita also serves in a variety of other civic capacities focused on economic empowerment, business development, education, health & humanitarian relief.

Carranza is the recipient of numerous awards and honors, including “Woman of the Year” by Hispanic Business Magazine, “Woman of Distinction” by the American Association of University Women and NASPA, “Honorary Alumna for Alverno College”


Born in Illinois; Carranza grew up in Chicago a first-generation immigrant Mexican American family.[3]


In the mid 1970s, Carranza's first post at UPS was a part-time, night-shift box handler. She worked her way up to vice president managing domestic operations and president of international operations for Latin America and the Caribbean. When she left UPS, she served as vice president of air operations for UPS at its facility in Louisville, Ky. and was the highest-ranking Latina in UPS history.

Later, she was appointed by President George W. Bush as Deputy Administrator for the Small Business Administration. She served on that position from 2006-2009. As Deputy Administrator, she helped to manage an agency with more than 80 field offices across the country and a portfolio of direct and guaranteed business loans, venture capital investments and disaster loans worth almost $80 billion. In an effort to improve customer response, Carranza led key operational improvement initiatives and projects.[4][5][6][7]

Currently, Jovita Carranza is the founder and president of The JCR Group, a consulting firm serving corporations and NGOs on issues of business development and profit and loss management.

Carranza, is also a lecturer, columnist and commentator on political and business issues. Her articles have appeared in and other publications. She has lectured at Johns Hopkins University in Washington [8][9]

In 2014, she joined the “Women for Rauner” campaign in Illinois promoting the Bruce Rauner and Evelyn Sanguinetti ticket.[10]

On April 28, 2017, she was named by President Trump as his nominee to fill the position of U.S. Treasurer, vacant since the resignation of Rosa Gumataotao Rios in July 2016.[11] Carranza was sworn in on June 19, 2017.[12]


Carranza earned her MBA from the University of Miami (FL). She has received executive, management and financial training at the INSEAD Business School in Paris, France, the University of Michigan and the University of Chicago.

Boards and civic involvement[edit]

Carranza has served as a board member for several national nonprofit organizations such as the National Center for Family Literacy and United Way. She also has been involved in the UPS Congressional Contact program, chaired corporate committees responsible for global strategies and has had experience with public speaking and advisory councils in multiple venues.

Honors and awards[edit]

  • Woman of the Year for outstanding accomplishments throughout her career by Hispanic Business Magazine in 2004.[13]
  • Recognized for immeasurable contributions to the Hispanic community and for her public service to this country presented by The Latino Coalition Leadership in Washington, DC - October 2008.
  • Received honors as a Woman of Distinction by the American Association of University Women and NASPA at the National Conference for College Women Student Leaders in June 2008.
  • Honorary Alumna for Alverno College
  • Albert Schweitzer Leadership Award by Hugh O'Brian Youth Leadership (HOBY)

She is a member of several honor societies and has an active civic participation with women, youth and minority groups


Political offices
Preceded by
Rosa Gumataotao Rios
Treasurer of the United States