Former Twitter CFO Ned Segal Appointed San Francisco's Chief of Housing and Economic Development
Mayor-elect Daniel Lurie taps longtime colleague to address San Francisco’s housing crisis, downtown revitalization, and economic challenges.
- Ned Segal, former CFO of Twitter, will lead San Francisco's housing and economic development efforts in a newly created role under Mayor-elect Daniel Lurie.
- Segal's responsibilities include coordinating city departments overseeing housing, economic growth, and downtown revitalization, which collectively manage $3 billion in public spending.
- The appointment is part of Lurie’s broader restructuring of the mayor’s office, which includes creating four new policy chief positions to address key city priorities.
- San Francisco faces significant challenges, including an $876 million budget deficit, a struggling downtown economy, and a state-mandated goal to build 82,000 homes by 2031.
- Segal, a longtime friend and collaborator of Lurie, brings extensive private sector experience from roles at Twitter, Intuit, and Goldman Sachs, but has no prior government experience.