Press Releases


Governor-elect Lincoln Chafee Announces Paul McGreevy as Choice to Lead Department of Business Regulation

Providence, R.I.—Governor-elect Lincoln Chafee announced today that Paul McGreevy, a former Lieutenant Commander in the U.S. Navy and business consultant, most recently with Deloitte Consulting, is his choice to be the next Director of the Department of Business Regulation.

“Paul McGreevy has decades of experience in strategic planning,” Chafee said. “He has proven in a variety of environments that he has the ability to approach problem-solving, organization, and planning in a way that produces positive, lasting results. From his military service to his years in the business world, Paul has the experience to perform effectively as the Director of the Department of Business Regulation.”

McGreevy served in the U.S. Navy from 1982-1995, reaching the rank of Lieutenant Commander. During his time in the Navy, he served as a Surface Warfare Officer; worked on a NATO staff coordinating logistics planning for peacekeeping operations in the former Yugoslavia; was the Material and Logistics Officer on a destroyer squadron staff; and served as Chief Engineer on a Navy frigate. After the Navy, McGreevy spent over fourteen years as a senior management and IT consultant with KPMG LLP, BearingPoint Inc., and Deloitte Consulting LLP, where he specialized in business strategic planning, organizational development, and technology architecture for federal agencies. More recently, McGreevy served as Project Manager for Governor-elect Chafee’s winning gubernatorial campaign, and is currently Chafee’s Transition Manager. McGreevy earned a BA in Foreign Affairs and Economics from the University of Virginia, an MA in International Relations from Boston University, and an MA in National Security Affairs from the Naval War College. He is a resident of Newport.

The Department of Business Regulation’s primary function is the implementation of state laws mandating the regulation and licensing of designated businesses, professions, occupations and other specified activities. The Department is composed of five divisions and Central Management, which includes the administrative, legal, and data operations sections. The respective divisions are: Banking, Securities, Commercial Licensing & Regulation, Racing and Athletics and Insurance.

The Department Director is appointed by the Governor and serves statutorily as the State Banking Commissioner, Commissioner of Insurance, Real Estate Administrator and State Boxing Commissioner. The Department issues approximately 80,000 licenses and conducts administrative hearings involving issuances, suspensions or revocations.

Governor-elect Lincoln D. Chafee will be the first independent Governor in Rhode Island history. His winning campaign focused on a new way forward for Rhode Island, one based on honesty, integrity, and independence. Chafee has pledged to utilize the state’s existing assets to maximize economic growth and job creation, to address the state’s fiscal instability through an honest budget process, and to root out the cronyism and corruption that have long run rampant in Rhode Island and are harmful to economic growth. Chafee previously served four years on the Warwick City Council, nearly four two-year terms as Mayor of Warwick, and seven years as US Senator. Most recently, he spent two years as Distinguished Visiting Fellow at Brown’s Watson Institute for International Studies, and wrote Against the Tide: How a Compliant Congress Empowered a Reckless President.

Contact: Mike Trainor Office: 401-222-4029 Cell: 401-252-1097

Related links

Share this: