Mr. Shaw is responsible for overseeing and managing the finances of CUNY's 23 colleges and professional schools and the University's central administration, including its investment portfolio. Mr. Shaw has served for the past year as Senior Advisor to Gov. David Paterson. Prior to that he was Executive Vice President for Strategic Planning at Extell Development Company, from 2006 to 2008.

From 2002 to 2006 he was the First Deputy Mayor and Deputy Mayor for Operations to Mayor Bloomberg. As First Deputy Mayor, Mr. Shaw served as the Chief Operating Officer for the City and served as acting Mayor whenever the Mayor was out of town. In 1996, he was appointed by Gov. George Pataki to serve as the Executive Director and Chief Operating Officer for the Metropolitan Transportation Authority, and was responsible for overseeing the daily operations of the MTA, including financial and strategic planning, and the capital programming activities for headquarters and the operating agencies.

Prior to working at the MTA, Mr. Shaw served as the Budget Director for the New York City Office of Management and Budget under Mayor Rudolph Giuliani, responsible for developing the Mayor's executive budget and advising the Mayor on all policy issues affecting the city's fiscal stability and the effectiveness of its services. He was also responsible for the city's four-year financial plans and its capital budget.

Mr. Shaw first served in the Giuliani administration as the Commissioner for the New York City Department of Finance, where he was responsible for the administration of all city taxes and fees. He began his career in New York City government in 1988 as Director of Finance for the New York City Council, where he was chief fiscal advisor to the Speaker of the Council and served as the Council's principal negotiator on the city budget.

Beginning in 1981 Mr. Shaw worked for the New York State Senate Finance Committee and was responsible for developing solutions for the Senate Majority and state taxation and financing policies. He has also been an Adjunct Assistant Professor of Public Service at the Robert F. Wagner Graduate School of Public Service at New York University, and an Adjunct Professor at the School of International and Public Affairs at Columbia University. He graduated magna cum laude from the State University College at Buffalo, and received his M.A. degree from the State University of New York at Buffalo.