Megna previously served as senior vice chancellor and chief operating officer of SUNY System Administration. In that role, he oversaw the operations of the chief information officer, the State University of New York (SUNY) Plaza business functions, capital facilities, campus energy management, and the Charter School Institute. He joined SUNY System Administration from Stony Brook University, where he served as senior vice president for finance and administration. Prior to joining Stony Brook, he served as executive director of the New York State Thruway Authority and New York State Canal Corporation.
Megna served as budget director for the New York State Division of the Budget (DOB), during which time the state achieved its highest financial rating in 40 years from three major credit rating agencies and passed four on-time budgets for the first time since the 1970s. He also chaired multiple governmental boards, including the Financial Restructuring Board, the New York Racing Association, and the Public Authorities Control Board. Megna has also served as commissioner for the New York State Department of Taxation and Finance, director of the revenue and economics unit at DOB, assistant commissioner of the office of tax policy at the Virginia Department of Taxation, director of tax studies at the New York State Department of Taxation and Finance, and deputy director of fiscal studies on the Assembly Ways and Means Committee.
Megna earned an MS in economics from the London School of Economics and Political Science at the University of London and received both his BA in Economics and MPA from Fordham University.