DENVER - Governor Jared Polis today announced that Lu Córdova would be stepping away from her role as the Executive Director of the Department of Revenue to become the Governor’s Advisor on Efficiencies and Digital Transformation.
Córdova will be working with state agencies to identify and implement new ways of operating to generate cost savings by increasing efficiencies and enhancing customer service through technology. Her role will be critical to ensuring Colorado is in the best position possible to recover from COVID-19, while delivering high-quality services with far more streamlined, modern functionality.
“Lu has dedicated herself to improving state government and providing better services for Coloradans in her role leading the Department of Revenue, and now I’m thrilled that she will be continuing that service in this new role,” said Governor Jared Polis. “Her incredible expertise lends itself to tackling the challenges our state is facing as this pandemic continues, and continuing to find more efficient and better ways to serve Coloradans.”
“It has been the honor of a lifetime to lead the Department of Revenue these past 16 months, and I look forward to the transition into this new role. Streamlining services and increasing efficiency has always been a passion of mine, and now more than ever this work is crucial to ensuring that our state is prepared for the future,” said Director Lu Córdova.
Córdova will begin this new role on August 10. Heidi Humphreys will take over as the interim Executive Director at the Department of Revenue. The state will be doing a search for the new Executive Director.
Córdova’s background is in international finance, technology, ecommerce and more. She is currently the Chair of CTEK, a global nonprofit breaking down barriers to entrepreneurship worldwide, and of Corlund Industries, LLC, a diversified holding company specializing in operations management, strategic planning, business development and capital finance. She is also on the board of the Kansas City Southern Railroad (KSU) where she chairs the finance committee.
Formerly, Córdova was the President of the Techstars Foundation, and before that was President of Colorado Venture Centers, which won international recognition and awards as one of the most distinguished business catalysts in the country. Sister organization CTEK Angels, which Córdova founded and chaired, became the largest group of individual investors in the Rocky Mountain States.
Cordova served with Euronet Worldwide (EEFT), an international payments company, on audit, governance, and compensation committees. Ms. Córdova retired from the 10th District Federal Reserve Bank where she was Chairman of the Board of Directors. She began on the bank’s Economic Advisory Council in 2002 before joining the Board in 2004. Her board strengths are in technology, security, finance, international operations and succession planning.
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