California State Controller's seal

CFAOC Members

Betty T. Yee, Chair, California State Controller

State Controller Betty T. Yee was elected in November 2014, following two terms of service on the California Board of Equalization.  As Controller, she continues to serve the Board as its fifth voting member.  Reelected for a second term as Controller in 2018, Ms. Yee is only the tenth woman in California history to be elected to statewide office.

As the state’s chief fiscal officer, Ms. Yee chairs the Franchise Tax Board and serves as a member of the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS) Boards.  These two boards have a combined portfolio of more than $570 billion.  Ms. Yee also serves on the Ceres Board of Directors, a nonprofit organization working to mobilize many of the world’s largest investors to advance global sustainability and take stronger action on climate change.

Ms. Yee serves on dozens of boards and commissions with authority ranging from land management to crime victim compensation.  As a member of the State Lands Commission (and chairperson in even-numbered years), she helps provide stewardship of public-trust lands, waterways, industrial wharves, marine terminals, pipelines, and resources through economic development, protection, preservation, and restoration consistent with the state’s environmental needs.  Through other financing authorities, Ms. Yee is dedicated to creating incentives to increase the number of affordable housing units, spur economic development, support pollution-control innovations, and strengthen health and educational facilities.

Ms. Yee has more than 35 years of experience in public service, specializing in state and local finance and tax policy.  Ms. Yee previously served as Chief Deputy Director for Budget with the California Department of Finance where she led the development of the Governor’s Budget, negotiations with the Legislature and key budget stakeholders, and fiscal analyses of legislation.  Prior to this, she served in senior staff positions for several fiscal and policy committees in both houses of the California State Legislature.  She also cofounded the Asian Pacific Youth Leadership Project, which exposes California high school youth to the public service, public policy, and political arenas.

A native of San Francisco, Ms. Yee received her bachelor’s degree in sociology from the University of California, Berkeley, and she holds a master’s degree in public administration.

Mark Fischer-Colbrie, President and CEO

Mark Fischer-Colbrie is the president and CEO of Strateos, a pharmaceutical research technology company formed in 2019. He has worked for 30 years managing high-tech medical technology and life science firms from startups to established, publicly-traded businesses. Prior to Strateos, Mark served for 10 years as president and CEO of Labcyte, a life-science technology company.

Mark also has worked as the senior vice president of finance and administration and chief financial officer at Adeza Biomedical Corporation, which developed a diagnostic test and therapeutic related to pre-term birth. During his time at Adeza, Mark was credited as an inventor on four patents and six patent applications. Mark’s tenure with the firm saw Adeza grow from startup to a public company.

Mr. Fischer-Colbrie holds a BA degree from Stanford University and an MBA in Marketing and Finance from the University of California at Berkeley. He is the immediate past Chairman of the Board of the Juvenile Diabetes Research Foundation and is a board member of the Analytical, Life Science & Diagnostic Association.

Jim Lott, PsyD, MBA

Jim Lott is a psychologist specializing in providing health care organizations with strategic thinking and planning, communications management, and organization, management, and stakeholder development expertise. Over the last two years, Jim worked with executives at Martin Luther King, Jr. Community Hospital to prepare and open the 131-bed general acute care facility serving one of the poorest communities in the nation.

He is best known for his decades-long work as an executive vice president with the Hospital Association of Southern California. There, he was responsible for health care policy development, advocacy, and association communications for hospitals serving Los Angeles, Orange, San Bernardino, Riverside, Santa Barbara, and Ventura Counties. 

Jim served for five years as the President and Chief Executive Officer of the Hospital Council of San Diego and Imperial Counties. Jim also served for nine years as staff director and chief consultant to the Senate Committee on Health and Human Services of the California Legislature. He also held various administrative, policy development and advocacy positions with the Los Angeles County Department of Health Services over a six-year period.

Jim received his BA in Sociology from Cal State L.A., his MBA degree from the University of Redlands, and he received his Doctorate of Psychology from the Phillips Graduate Institute. Jim serves on the board of the Insure the Uninsured Project and the editorial board of Payers and Providers, and he teaches health care administration and policy courses at California State University, Long Beach.

Dr. Michael Quick, Provost and Senior Vice President for Academic Affairs, USC

Dr. Michael Quick serves as Provost and Senior Vice President for Academic Affairs of USC, and as Professor of Biological Sciences in the USC Dornsife College of Letters, Arts and Sciences.

As the university’s second-ranking administrator, he oversees the USC Dornsife College as well as the Keck School of Medicine of USC and 17 other professional schools, in addition to the divisions of student affairs, libraries, information technology services, research, student religious life and enrollment services.

Dr. Quick received his Ph.D. in Neuroscience from Emory University and studied as a post-doctoral research fellow at the California Institute of Technology. Before coming to USC in 2002, he was on the faculty at the University of Alabama at Birmingham. His scholarship focuses on how therapeutic drugs and drugs of abuse such alter the signaling properties of nerve cells.

Dr. Quick previously served as Director of the Neuroscience Graduate Program, Vice Dean for Research and Executive Vice Dean of USC Dornsife, and Executive Vice Provost and Vice President for Academic Affairs.

Dr. Gurbinder Sadana, Physician

Dr. Gurbinder Sadana is a long-time private practice physician and specialty consultant with offices in Pomona.

He has been in private practice in Pomona since 1983, and is a specialty consultant and advisor on asthma and related disease. He is also Medical Director of Critical Care Services at the Pomona Valley Hospital Medical Center in Pomona.

Dr. Sadana is a fellow of the American College of Chest Physicians and a member of the Society of Critical Care Medicine. He serves on the Board of Directors of the Pomona Valley Hospital Medical Center Foundation.

His Board Certifications include American Board of Internal Medicine, American Board of Internal Medicine/Critical Care Medicine, and American Board of Internal Medicine/ Pulmonary Medicine.

Dr. Sadana graduated from Gauhati Medical College in Gauhati, Assam, India in 1969, and he has completed extensive post-graduate education including earning a Diploma in Chest Diseases from the University of Delhi, New Delhi, India.