JDG Associates Seeking CFO for Pension Benefit Guaranty Corporation
April 2, 2026 – Rockville, MD-based executive search firm JDG Associates has been retained by the Pension Benefit Guaranty Corporation (PBGC) to lead in its search for a new CFO. Reporting to the PBGC director and overseeing a staff of approximately 100 with an operating budget of approximately $20 million, the CFO will be responsible for the effective and efficient planning, overseeing, directing, and managing of the financial operations, investment management, and accounting (both accounts payable, accounts receivable, as well as debt collection) of the corporation.
The CFO is also in charge of overseeing the active management of PBGC’s multi-billion-dollar investment portfolio, including the implementation and execution of the corporation’s investment strategy within regulatory guidelines, as well as cash management to ensure liquidity for benefit payments.
Applicants must have at least one year of specialized experience at the GS-15 grade level in the federal service or equivalent to the GS-15 grade level in the private sector providing senior leadership experience and policy/program expertise in all the following functions: investment management, financial operations, and audits and controls.
Candidates must have demonstrated executive-level experience with fiduciary responsibility for oversight of a diversified investment portfolio of at least $10 billion in assets under management, including strategic asset allocation, equities and fixed income oversight, enterprise risk governance, and performance monitoring.
The Pension Benefit Guaranty Corporation, created by the Employee Retirement Income Security Act of 1974 to encourage the continuation and maintenance of private sector defined benefit pension plans, provides timely and uninterrupted payment of pension benefits, and keeps pension insurance premiums at a minimum for over 31 million Americans.
JDG Associates has been providing executive recruitment services to Fortune 1000 corporations, associations and non-profits, federal, state, and local governments, research and consulting firms, and defense contractors since 1973. The firm’s research-intensive process and personal approach have resulted in more than 4,000 senior-level searches across a broad spectrum of industries and disciplines in the Washington, D.C. region and nationally.
Related: JDG Associates Tapped by the Defense Health Agency to Fill Senior Position
Darren DeGioia serves as president of JDG. He conducts senior-level search assignments for research and consulting organizations as well as the public sector. His areas of expertise include information technology, accounting and finance, the quantitative sciences, operations/general management, marketing, and communications. Prior to joining JDG, Mr. DeGioia spent four years in the hospitality industry with the Four Seasons Hotels and Resorts and Sheraton Hotels.
The MIL Corporation Searches
JDG Associates recently assisted in the recruitment of Yolanda Reid and Mike Marshall as vice presidents of cybersecurity at The MIL Corporation. With over 25 years of experience at the forefront of national security and emerging technology, Ms. Reid has led some of the most advanced cyber and intelligence programs supporting the U.S. government and allied partners. Her expertise spans cybersecurity, cloud computing, AI, and post-quantum cryptography (PQC), with deep domain knowledge in both offensive and defensive cyber operations, secure systems, and strategic technology development.
Mr. Marshall has led business development, capture, P&L, proposal, and program/project management efforts across cybersecurity, cloud/IT infrastructure, AI/data analytics, and software development. His DoD relationships span the Air Force/Space Force (Pentagon, SAF/AQ, Peterson AFB, SMC/Los Angeles AFB, Hanscom AFB), DFAS, DTRA, DIA, and Army CIO. Of note, Mr. Marshall led multiple winning $1B+ IDIQ captures and $100M+ task orders through GSA FEDSIM Alliant vehicles. His leadership helped grow portfolios up to $50 million/year with 250+ staff.
Established in 1980, MIL provides innovative cyber, engineering, financial, and information technology services to the federal government. Headquartered in Bowie, Maryland, MIL has built a strong reputation for delivering mission-critical solutions that enhance government efficiency and security. The company’s dedicated workforce partners with numerous federal agencies to drive technological advancement and operational excellence.
Related: JDG Associates Fills Senior Position for R&K Enterprise Solutions
Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media
