Lisa Carter
Acting Chief Financial Officer, Pension Benefit Guaranty Corporation
Lisa Carter is the acting chief financial officer at PBGC, where she provides strategic leadership and oversight of the Corporation’s financial functions. In this role, she manages the Financial Operations Department, Corporate Investments Department, and the Corporate Controls and Reviews Department, in addition to her corporate-wide responsibilities.
She joined PBGC in September 2019 following her tenure as the deputy assistant inspector general for financial sector audits at the U.S. Department of the Treasury’s Office of Inspector General. Prior to that, she served as the audit director for the Grants and Financial Assistance Directorate at Treasury OIG.
Carter began her federal career as a regulatory auditor with the legacy U.S. Customs Service. In the private sector, she held various roles in accounting and finance, including operating a Certified Public Accountant practice for nearly a decade before relocating to Northern Virginia and returning to federal service.
She has been actively involved in professional organizations, previously serving as treasurer of the Association of Inspectors General Capitol Chapter. Additionally, Carter is a member of the Association of Government Accountants, the Association for Federal Enterprise Risk Management, the American Institute of Certified Public Accountants, and the Senior Executive Association.
Carter holds a Master of Science in taxation and a Bachelor of Science from Suffolk University in Boston. She is also a licensed CPA.
Karen Morris
General Counsel, Pension Benefit Guaranty Corporation
Karen Morris is the General Counsel, providing legal advice and counsel for the Director and the agency on all legal and regulatory issues. This includes enforcement of Title IV of ERISA, including its multiemployer and single employer plan provisions, through litigation, negotiation, drafting regulations and guidance, deciding administrative appeals and administration of the Freedom of Information Act. She also advises the agency on corporate governance, ethics, procurement, labor relations, and privacy. Most recently, Ms. Morris served as PBGC’s Chief of Negotiations and Restructuring. She also previously served as Deputy Chief Counsel in PBGC's Office of the Chief Counsel, where she led several major lawsuits arising from M&A transactions and directed PBGC's legal work in major bankruptcy cases.
Ms. Morris received her law degree from Georgetown University Law Center, where she served as an editor of the Georgetown Journal of Legal Ethics, and her Bachelor of Science degree in accounting from the University of Maryland.
David Foley
Chief of Benefits Administration, Pension Benefit Guaranty Corporation
David Foley is the Chief of Benefits Administration. He is responsible for planning and directing PBGC's benefits administration activities. Mr. Foley joined PBGC in May 2015 as Senior Advisor to the Chief of Benefits Administration and has served in multiple roles since that time including the Deputy Chief of Benefits Administration, Director of the Participant Services Department and Acting Director of the Plan Assets and Data Management Department. Prior to joining PBGC, Mr. Foley served as Director of Aviation Logistics at the Federal Aviation Administration (FAA), where he provided executive oversight of the FAA's real and personal property assets. Mr. Foley spent the first 15 years of his federal government service with the General Services Administration (GSA) serving in multiple capacities in headquarters, two regional offices and a field office. Mr. Foley worked his way up from an intern to the Senior Executive Service at GSA. He eventually became the Deputy Commissioner for the Public Buildings Service, where he was the Chief Operating Officer for an organization with 6,600 employees and a $9.2 billion budget. Mr. Foley holds a B.S. in Finance from Missouri State University and an Executive M.B.A. from Virginia Tech.
Alice Maroni
Chief Management Officer, Pension Benefit Guaranty Corporation
Alice Maroni is Chief Management Officer. She came to PBGC in May 2011 after ten years at the Smithsonian Institution where she served as Chief Financial Officer, with responsibility for the Institution's financial integrity, including budgeting and contracting services. Before joining the Smithsonian, Ms. Maroni was Principal Deputy Under Secretary of Defense (Comptroller). In that capacity, she advised the Pentagon leadership on all budgetary and fiscal matters and management improvement programs. On a day-to-day basis, she directed the justification of the budget to Congress, managed departmental negotiations on the budget in the inter-agency process, and oversaw the execution of the annual budget. On an interim basis, she served as a Special Assistant to the Secretary and Deputy Secretary of Defense, functioning as the Department's chief of staff. Prior to her tour in the Pentagon, Ms. Maroni was a professional staff member of the House Armed Services Committee, advising and assisting the Chairman and other committee members on defense budget, financial, and economic issues. Before joining the committee staff, she worked in the Foreign Affairs and National Defense Division of the Congressional Research Service at the Library of Congress. Ms. Maroni graduated from Mount Holyoke College and earned a masters degree from the Fletcher School of Law and Diplomacy at Tufts University. She is also a graduate of the National War College. Ms. Maroni is a recipient of the Distinguished Federal Leadership Award given by the Association of Government Accountants. She is a certified Government Financial Manager and a member of both the Association of Government Accountants and the American Society of Military Comptrollers (ASMC), serving as the National President of ASMC from May 1995 to May 1996.
John Hanley
Chief of Negotiations and Restructuring, Pension Benefit Guaranty Corporation
John Hanley is the Chief of Negotiations and Restructuring, where he directs activities of the Office of Negotiations & Restructuring, which includes ensuring the quality of representation on pension insurance program activities such as early warning and risk management, compliance and enforcement, financial analysis and negotiations, standard termination processing, and multiemployer plan program activities. Mr. Hanley has been with PBGC since 2005, serving first as Director of the Legislative & Regulatory Department and later as Director of Negotiations & Restructuring Policy. Earlier in his career, Mr. Hanley held executive management positions at both Citicorp/Citibank and The Chase Manhattan Bank, as well as serving as CEO/Executive Director of the North American Securities Administrators Association.
Mr. Hanley graduated cum laude from St. Lawrence University, with a Bachelor of Arts in History. He also studied at Case Western Reserve University and the University of Edinburgh in Scotland.
Robert Scherer
Chief Information Officer, Pension Benefit Guaranty Corporation
Robert Scherer is Chief Information Officer. Mr. Scherer began his government career with the U.S. Secret Service in 1986. While at the Secret Service, he served in a series of progressively responsible positions in application development, database administration, and IT infrastructure support. Mr. Scherer left the Secret Service in 2001, where he was the Assistant Division Chief for IT Infrastructure, to become the Deputy Chief Information Officer at the Bureau of Engraving and Printing. During his tenure at the Bureau of Engraving and Printing, he was responsible for the day-to-day management of the IT program and successfully led efforts to establish Capital Planning and Investment Control, Configuration Management, and IT Security and Enterprise Architecture programs. He also developed a cadre of certified project management professionals. While at the National Transportation Safety Board—where he served until 2015—Mr. Scherer was responsible for closing significant long-term audit findings and instrumental in improving IT business processes. Mr. Scherer holds a MBA in Information Systems from George Washington University and is a graduate of the National Defense University's Chief Information Officer and Advanced Management Programs.
Anne Henderson
Participant and Plan Sponsor Advocate, Pension Benefit Guaranty Corporation
Anne Henderson is the Participant and Plan Sponsor Advocate, where she works directly in assisting participants and plan sponsors who interact with PBGC. The position was created by the Moving Ahead for Progress in the 21st Century Act (MAP-21). The advocate works independently of PBGC departments and reports directly to PBGC’s Board of Directors.
Prior to joining the Advocate’s office, Henderson was a senior adviser in PBGC’s Office of Policy and External Affairs, where she coordinated the agency’s interactions with stakeholder groups and led high-profile operational initiatives. She joined PBGC in 2008 as the agency’s communications and web content manager, and throughout her time there, she also served in temporary assignments in the Office of Benefits Administration and the Policy, Research and Analysis Department. Henderson has also held public affairs positions at the U.S. Department of Agriculture and General Services Administration. She earned her Bachelor of Arts degree from The George Washington University.