On July 2, 2013, Governor Andrew M. Cuomo appointed Regina Calcaterra as the Executive Director of the Moreland Commission to Investigate Public Corruption. The Commission was established “to probe systemic public corruption and the appearance of such corruption in state government, political campaigns and elections in New York State”. The Commission will also make recommendations to reform any weaknesses uncovered in existing State laws, regulations and procedures.
The previous year, in November 2012, Governor Cuomo appointed Regina as the Executive Director of the Moreland Commission on Utility Storm Preparation and Response which was established to investigate the response, preparation, and management of New York’s power utility companies with respect to several major storms impacting the State including Hurricanes Sandy and Irene, and Tropical Storm Lee and to review and make appropriate recommendations regarding the state’s energy agencies.
As Executive Director, Regina managed a staff of energy policy experts and litigators as she worked under the guidance of the Moreland Commission’s prestigious Commissioners. On January 7, 2013 the Commission released its Interim Report which identified options for consideration regarding the restructuring of the Long Island Power Authority (LIPA). It also put forth recommendations on strengthening the regulatory oversight of the NYS Public Service Commission and many of those recommendations were enacted in law in 2013.
In June 2013, the Commission issued its final report which disclosed LIPA’s financial irregularities and lack of oversight and accountability. It also provided policy recommendations on investment infrastructure, energy efficiency programs and consumer representation before the state’s utility regulatory body and outlined its investigatory findings of all New York’s utilities responses to the most recent devastating storms.
In January 2012, Suffolk County Executive Steve Bellone appointed Regina the first woman to serve as Chief Deputy County Executive. Upon taking office, the County Executive was faced with a budget deficit exceeding $500 million dollars. With a substantially reduced management staff, Regina assisted the County Executive in addressing the county's fiscal challenges by workforce reduction, employee concessions, streamlining and restructuring government services, merging government agencies and working closely with the State Legislature and the Governor to identify and implement revenue generating initiatives to reduce the budget deficit. Under the direction of the County Executive, Regina also administers the day to day operations of a 9,600 employee workforce and oversees a $2.7 billion budget that serves a population exceeding 1.6 million residents. Alongside the Suffolk County’s emergency response leaders, Regina managed the emergency preparedness and storm response recovery for Superstorm Sandy.
Regina served as partner to Barrack, Rodos & Bacine an internationally recognized corporate fraud litigation firm, representing US and European public employee pension funds in cases where those funds have been defrauded. Among cases on which she worked, Regina was part of the team that represented the New York State Common Retirement Fund in the lawsuits against WorldCom- litigation which led to a historic $6.13 Billion recovery - and McKesson/HBOC which led to recovery of more than $1 billion to injured investors. More recently, she was on the litigation team that recovered over $500 million from Merrill Lynch resulting from their role in the mortgage crisis. Her early career included successfully advocating for public policy issues on the national, state and local levels regarding disabled veterans, all people with disabilities, accessible transportation, prevailing wage, municipal revenue generating initiatives and streamlining of government operations.