koskinenU.S. President Barack Obama announced he will nominate 74-year-old John Koskinen, a veteran of both public service and the private division, as a new Internal Revenue Service head.

Koskinen to take over IRS

White House described Koskinen as “a retired corporate restructuring expert” who would become commissioner of the IRS upon Senate’s confirmation.

The tax collection agency of 90,000 workers currently is managed by a temporary leader, Daniel Werfel, who was appointed by Obama in May in the result of revelations that some groups seeking tax-exempt condition were targeted for scrutiny based on political labels like “tea party.”

Veteran of both public and private sectors

“With decades of experience in both the private and public sectors, John knows how to lead in difficult times, whether that means ensuring new management or implementing new checks and balances,” Obama said in a statement.

Obama pointed out that John is an expert at turning around institutions in need of reform.

“I am confident that John will do whatever it takes to restore the public’s trust in the agency,” Obama added.

Koskinen has served in a variety of senior level government positions after a 20-year job at the Palmieri Co. He will replace Daniel Werfel, who managed the IRS when the scandal happened.