Former PBGC Chief Strauss Could Return to Post

David Strauss, former executive director of the Pension Benefit Guaranty Corp. during the Clinton administration, is a leading candidate to be President Barack Obama’s nominee for PBGC director, sources close to the situation said.

If approved by the Senate, Strauss would replace Vince Snowbarger, who has been acting director of the PBGC since the departure of Charles E.F. Millard on January 20.

Strauss, who led the PBGC from 1997 to 2001, is currently chairman of the North Dakota Democratic-NPL Party.

Strauss also served as Vice President Al Gore’s deputy chief of staff. He chaired the 2002 and 2004 re-election campaigns of Rep. Earl Pomeroy, D-North Dakota, according to the North Dakota Democratic-NPL Party’s Web site.

Strauss could not be immediately reached for comment.

Filed by Doug Halonen of Pensions & Investments, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.

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