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Executive Leadership

CHIEF FINANCIAL OFFICER
PATRICIA KELLY

Patricia Kelly is the Chief Financial Officer at PBGC where, in addition to corporate wide responsibilities, she oversees the Financial Operations Department, Corporate Investment Department, and the Corporate Controls and Reviews Department. She joined the PBGC in November 2007 after serving as the CFO at the Natural Resources Conservation Service of the U.S. Department of Agriculture. Preceding that position, Ms. Kelly was the CFO and Budget Officer for the Federal Crop Insurance Corporation. Prior to her career as an accountant, Ms. Kelly worked at the Bureau of the Census as a statistician where she served in several positions. Her capstone position was the Assistant Division Chief in the Decennial Census, the largest peacetime operation of the United States government. Ms. Kelly has earned several prestigious awards over her Federal career including: AGA Elmer Staats Award for Life Time Achievement; Presidential Rank Award; USDA Chief Financial Officer's Summit Award; Department of Agriculture Secretary's Award; and Department of Commerce Bronze Medal. Ms. Kelly earned an MBA from American University, and an MA and BA from Pennsylvania State University. Ms. Kelly holds a CPA license, a Certified Government Financial Manager (CGFM) certification, and a Chartered Global Management Accountant certificate.


 

Karen MorrisGENERAL COUNSEL
KAREN MORRIS

Karen Morris is the General Counsel, providing legal advice and counsel for the Director and the agency on all legal and regulatory issues. This includes enforcement of Title IV of ERISA, including its multiemployer and single employer plan provisions, through litigation, negotiation, drafting regulations and guidance, deciding administrative appeals and administration of the Freedom of Information Act. She also advises the agency on corporate governance, ethics, procurement, labor relations, and privacy. Most recently, Ms. Morris served as PBGC’s Chief of Negotiations and Restructuring. She also previously served as Deputy Chief Counsel in PBGC's Office of the Chief Counsel, where she led several major lawsuits arising from M&A transactions and directed PBGC's legal work in major bankruptcy cases.

Ms. Morris received her law degree from Georgetown University Law Center, where she served as an editor of the Georgetown Journal of Legal Ethics, and her Bachelor of Science degree in accounting from the University of Maryland.


 

David FoleyCHIEF OF BENEFITS ADMINSTRATION
DAVID FOLEY

David Foley is the Chief of Benefits Administration. He is responsible for planning and directing PBGC's benefits administration activities. Mr. Foley joined PBGC in May 2015 as Senior Advisor to the Chief of Benefits Administration and has served in multiple roles since that time including the Deputy Chief of Benefits Administration, Director of the Participant Services Department and Acting Director of the Plan Assets and Data Management Department.  Prior to joining PBGC, Mr. Foley served as Director of Aviation Logistics at the Federal Aviation Administration (FAA), where he provided executive oversight of the FAA's real and personal property assets. Mr. Foley spent the first 15 years of his federal government service with the General Services Administration (GSA) serving in multiple capacities in headquarters, two regional offices and a field office. Mr. Foley worked his way up from an intern to the Senior Executive Service at GSA. He eventually became the Deputy Commissioner for the Public Buildings Service, where he was the Chief Operating Officer for an organization with 6,600 employees and a $9.2 billion budget. Mr. Foley holds a B.S. in Finance from Missouri State University and an Executive M.B.A. from Virginia Tech.


 

Arrie Etheridge

ACTING CHIEF MANAGEMENT OFFICER
ARRIE ETHERIDGE

Arrie Etheridge is the Acting Chief Management Officer, planning and directing the efficiency and effectiveness of the Corporation’s management and administrative policies and programs. This includes strategic planning, customer service, budget, procurement, human resources, quality management, and facilities and services. Ms. Etheridge concurrently serves as the Director of Human Resources for PBGC where she oversees complex personnel matters and administers the agency’s human capital programs. She has served previously as Acting Director of Procurement for PBGC. She came to PBGC in August 2007 after serving as Assistant Inspector General and Human Resources Director for the General Services Administration. Prior to her role at the General Services Administration, Ms. Etheridge began her federal tenure at the Social Security Administration, where she held operational and human resources leadership roles.  Throughout her career, she has received distinguished accolades including the Inspector General Recognition Award for her exemplary performance at GSA and the Corporate Award for successfully addressing audit findings from the Office of Personnel Management at PBGC. Ms. Etheridge also serves as Chair of the Small Agency Human Resources Council.

Ms. Etheridge received her Master of Science in Human Resources Management from Chapman University and her Bachelor of Science in Political Science/Fine Arts from Northern Arizona University. 


 

John HanleyCHIEF OF NEGOTIATIONS AND RESTRUCTURING
JOHN HANLEY

John Hanley is the Chief of Negotiations and Restructuring, where he directs activities of the Office of Negotiations & Restructuring, which includes ensuring the quality of representation on pension insurance program activities such as early warning and risk management, compliance and enforcement, financial analysis and negotiations, standard termination processing, and multiemployer plan program activities. Mr. Hanley has been with PBGC since 2005, serving first as Director of the Legislative & Regulatory Department and later as Director of Negotiations & Restructuring Policy. Earlier in his career, Mr. Hanley held executive management positions at both Citicorp/Citibank and The Chase Manhattan Bank, as well as serving as CEO/Executive Director of the North American Securities Administrators Association.

Mr. Hanley graduated cum laude from St. Lawrence University, with a Bachelor of Arts in History. He also studied at Case Western Reserve University and the University of Edinburgh in Scotland.


 

Robert SchererCHIEF INFORMATION OFFICER
ROBERT SCHERER

Robert Scherer is Chief Information Officer. Mr. Scherer began his government career with the U.S. Secret Service in 1986. While at the Secret Service, he served in a series of progressively responsible positions in application development, database administration, and IT infrastructure support. Mr. Scherer left the Secret Service in 2001, where he was the Assistant Division Chief for IT Infrastructure, to become the Deputy Chief Information Officer at the Bureau of Engraving and Printing. During his tenure at the Bureau of Engraving and Printing, he was responsible for the day-to-day management of the IT program and successfully led efforts to establish Capital Planning and Investment Control, Configuration Management, and IT Security and Enterprise Architecture programs. He also developed a cadre of certified project management professionals. While at the National Transportation Safety Board—where he served until 2015—Mr. Scherer was responsible for closing significant long-term audit findings and instrumental in improving IT business processes. Mr. Scherer holds a MBA in Information Systems from George Washington University and is a graduate of the National Defense University's Chief Information Officer and Advanced Management Programs.


 

Anne HendersonPARTICIPANT AND PLAN SPONSOR ADVOCATE
ANNE HENDERSON

Anne Henderson is the Participant and Plan Sponsor Advocate, where she works directly in assisting participants and plan sponsors who interact with PBGC. The position was created by the Moving Ahead for Progress in the 21st Century Act (MAP-21). The advocate works independently of PBGC departments and reports directly to PBGC’s Board of Directors.

Prior to joining the Advocate’s office, Henderson was a senior adviser in PBGC’s Office of Policy and External Affairs, where she coordinated the agency’s interactions with stakeholder groups and led high-profile operational initiatives. She joined PBGC in 2008 as the agency’s communications and web content manager, and throughout her time there, she also served in temporary assignments in the Office of Benefits Administration and the Policy, Research and Analysis Department. Henderson has also held public affairs positions at the U.S. Department of Agriculture and General Services Administration. She earned her Bachelor of Arts degree from The George Washington University.

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