President Barack Obama nominated Joshua Gotbaum to become PBGC director. If the nomination is approved, Gotbaum would replace Acting Director Vince Snowbarger.
Gotbaum,
currently an operating partner at Blue Wolf Capital, has for three
decades helped manage and advise public, private and nonprofit
institutions. In 2001, he was the first CEO of The September 11th
Fund, a charity with more than $500 million in assets whose grants
helped more than 100,000 people affected by the attacks. During the
Clinton administration, he was executive associate director and
controller in the Office of Management and Budget; assistant
secretary of Treasury for Economic Policy; and assistant secretary
of Defense. During the Carter administration, Gotbaum served on the
White House staff and in the Department of Energy.
