PBGC Names Garnett Chief Information Officer
FOR IMMEDIATE RELEASE
April 18, 2007
WASHINGTON - The Pension Benefit Guaranty Corporation (PBGC) today announced the appointment of Patsy Garnett to head the federal pension insurance agency's office of information technology as chief information officer.
"To succeed in its vital mission of protecting pensions, the PBGC relies heavily on its team of information technology professionals," said Vince Snowbarger, the agency's interim director. "So we are very pleased to have Patsy Garnett at the head of that team, with her proven leadership skills and solid expertise in IT systems design, planning and performance measurement."
Garnett brings to the PBGC a wide experience in information technology (IT) architecture and management in the U.S. Government. During her 19-year federal career she has held IT leadership positions at the U.S. Patent and Trademark Office, the National Labor Relations Board and the Environmental Protection Agency. Her superior work in enterprise architecture, and IT operations, security and customer support at these agencies has been recognized with several awards from the Federal Chief Information Officers Council.
The PBGC is a federal corporation created under the Employee Retirement Income Security Act of 1974. It currently guarantees payment of basic pension benefits earned by 44 million American workers and retirees participating in over 30,000 private-sector defined benefit pension plans. The agency receives no funds from general tax revenues. Operations are financed largely by insurance premiums paid by companies that sponsor pension plans and by investment returns.
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PBGC No. 07-22