Melody L. McDonald, a managing director at RCM Capital Management, was appointed chairman of the PBGC's advisory committee by President Bush. Ms. McDonald has been on the agency's advisory committee since 2002. Appointed to the committee: James E. Nevels, chairman of the Swarthmore Group; Thomas M. Garrott, chairman of the executive committee of National Commerce Financial Corp.; and Betty Ireland, president and CEO of Jackson Kelly Solutions.
"The PBGC is fortunate to have such an accomplished group of individuals to provide advice and counsel on issues important to the pension insurance program," said Brad Belt, executive director.
The committee advises the PBGC on investment policies and procedures and the trusteeship of terminated plans.