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CCH® PENSION AND BENEFITS — 8/4/06

PBGC names new chief executive officer

The PBGC has announced the appointment of Richard H. Macy as chief operating officer. Macy comes to the PBGC after more than 20 years with ADP Inc., the worldwide provider of employee administration services based in Roseland, N.J. His most recent post was vice president, support services, with ADP COBRA/FSA Services in Alpharetta, Ga., where he oversaw major corporate initiatives in reengineering and automating core business processes, conducting business profitability studies and establishing overseas operations.

For more information on this and related topics, consult the CCH Pension Plan Guide.

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