The Pension Benefit Guaranty Corporation (PBGC) has announced the appointment of new members to its Performance Review Board. This board is tasked with reviewing and making recommendations on the annual performance ratings of senior-level professionals at PBGC. For the year 2020, the board members include Gordon Hartogensis (Director), Kristin Chapman (Chief of Staff), David Foley (Chief of Benefits Administration), Patricia Kelly (Chief Financial Officer), and Alice Maroni (Chief Management Officer). The Performance Review Board plays a crucial role in assessing performance and determining any performance-based adjustments and awards.
Simple Explanation
The Pension Benefit Guaranty Corporation (PBGC) has picked some special people, like Gordon, Kristin, David, Patricia, and Alice, to help decide how well other important workers did their jobs this year. But the document doesn’t tell us much about how they chose these people or the rules they used, which might make some people curious or unsure.