PBGC retains JDG to recruit its General Counsel
JDG Associates, Executive Search Consultants, has been retained by the Pension Benefit Guaranty Corporation (PBGC), to assist in identifying its General Counsel (GC). Ranked as one of the top five Best Places to Work for small government agencies, PBGC is a federal corporation that insures private-sector defined benefit pension plans. PBGC’s operations include management of over $130 billion of assets, administration of two insurance programs covering about 25,000 defined benefit plans sponsored by private-sector employers, and payment of annual benefits of more than $6 billion to nearly 1 million workers and retirees.
Reporting to the Director of PBGC and serving as Secretary to the Board of Directors (comprised of the Secretaries of Labor, Commerce, and Treasury), the GC provides legal advice and counsel regarding corporate governance, financial operations, litigation, and on legal issues such as employment and personnel, labor-management relations, equal employment opportunity, the Freedom of Information and Privacy Acts, procurement, appropriations law, and compliance issues. The GC, who manages a $7M annual budget and a staff of approximately 145, serves as the lead legal office for investigating and prosecuting claims for fiduciary breach brought by PBGC in its capacity as trustee of terminated plans.
To view the complete Position Announcement, please see our Active Searches page.