President Bush said Thursday, May 3, that he intends to fill
two
long-vacant top pension regulator positions.
Bush intends to nominate Charles E.F. Millard, a managing
director at Broadway Partners, a New
York real estate investment and management firm, to be
the next director of the Pension Benefit Guaranty Corp.
Previously, Millard was managing director and head of wealth
management services at Lehman Bros. and was a senior cabinet official
during the
administration of New York Mayor Rudolph Giuliani. He also
was twice elected to
the New York City Council.
The nomination is subject to Senate confirmation. The PBGC’s
director position has been vacant for about a year following the
resignation of
Bradley Belt. The PBGC’s deputy director, Vince
Snowbarger, has been serving as
interim director.
Bush also intends to nominate Bradford Campbell as assistant
secretary of labor and head of the Labor Department’s Employee Benefits
Security
Administration, which regulates pension plans.
Currently, Campbell is an acting assistant secretary.
Campbell would
succeed Ann Combs, who
left the Labor Department last year.
Filed by Jerry Geisel of Business Insurance, a sister publication
of Workforce Management. To comment,
e-mail
editors@workforce.com.