Farr Headed Away from Revenue Dept.

State of Tennessee Press Release, Aug 27, 2010

NASHVILLE – Governor Phil Bredesen today announced that Tennessee Revenue Commissioner Reagan Farr will leave his administration effective September 1, 2010. Farr plans to return to the private sector following his tenure at the Department of Revenue, which began in 2003. Farr was named commissioner in 2007.

“Reagan Farr has played a key role in our efforts to create new jobs and attract capital investment during my time in office,” said Bredesen. “I appreciate his contributions to the success of my administration and thank him for his service to the people of Tennessee.”

“I’ve been honored to have helped Governor Bredesen make his vision for our state a reality over the past eight years,” said Farr. “I’m proud of the work we’ve done at Revenue to streamline our processes, manage our budget and to develop innovative new approaches to providing incentives to attract capital investment and new jobs to our state. We’ve accomplished much and now I look forward to returning to private business.”

During Farr’s tenure with the Department of Revenue, Tennessee was applauded for its collaboration with the Tennessee Department of Economic and Community Development in recruiting jobs to the state. Since January 2003, Tennessee has attracted more than 190,000 new jobs and attracted $33 billion in new capital to the state, consistently placing among the top five states in the U.S. for business climate.

Prior to joining state government, Farr was with the accounting firm Ernst & Young. In 2009, he was named by Southern Business and Development magazine as one of “Ten People Who Made a Difference” along with Governor Bredesen and ECD Commissioner Matt Kisber. Farr is a graduate of Louisiana State University where he received a degree in economics and he received a law degree from the University of North Carolina-Chapel Hill.