Terrence M. Deneen was named senior adviser at Palisades Capital Advisors.
He will work with clients restructuring their employee and retirement programs, according to Joseph House, Palisades principal.
Mr. Deneen was chief insurance program officer at the Pension Benefit Guaranty Corp. until this spring. Michael Rae, PBGC deputy chief insurance program officer, is acting chief insurance program officer while a search for Mr. Deneen’s replacement is conducted, said J. Jioni Palmer, PBGC spokesman.
Mr. Deneen joins two former PBGC colleagues, Mr. House and Dawn Bizzell, director of operations, at the pension and post-retirement advisory and investment firm established by Reservoir Capital Group in 2007.