CIO Wins Best Overall Media Brand Award for 2019

The award recognizes editorial excellence in business media and information.

And now for a bit of shameless self promotion.

Chief Investment Officer won an award for “Brand of the Year, Overall Editorial Excellence” on Friday, March 29 at the 65th Annual Jesse H. Neal Awards held at Chelsea Piers in Manhattan.
Judges said, “CIO sets the bar with its wide-ranging coverage, high-level industry insights and (perhaps most impressively) its keen sense of artistic design. Very well done.”

The award recognizes editorial excellence in business media and information, and was created in 1955 by American Business Press, now Connectiv.  There were more than 500 entrants competing for 21 editorial categories. Award “recipients reflect the highest principles of editorial integrity in educating and informing business, professional, and industrial communities,” according to Connectiv.
We are both honored and humbled to receive such an award among such a talented pool of competitors, and we’d like to thank you, our readers, for making what we do possible.   

Tags:

PBGC Director Nominee Approved by Senate Committee

Hartogensis renominated by Trump after previous attempt stalled.

Gordon Hartogensis
















The Senate Finance Committee has approved Gordon Hartogensis to be director of the Pension Benefit Guaranty Corporation (PBGC) after his first nomination was stalled and sent back to President Trump when the 2018 legislative session ended without a formal vote on the appointment.

The nomination was approved by a vote of 26 to 2, with the two nay votes coming from Democratic Sens. Debbie Stabenow of Michigan and Bob Menendez of New Jersey. Among the senators voting to approve the appointment was Democratic Sen. Ron Wyden of Oregon, who had previously criticized the nomination of Hartogensis, and the move to replace former PBGC Director Thomas Reeder, whose term was not up until 2020.

Wyden, along with Democratic Sen. Patty Murray of Washington, sent a letter to President Trump saying the nomination “raised serious concerns,” and said Hartogensis “seems to have little to no prior experience relevant to the pension system and the work of the PBGC.” 

In the letter, the senators asked the Trump administration to answer questions such as:  How was the decision made to replace Mr. Reeder? What actions did the administration determine merited replacing Mr. Reeder prior to the end of his five-year term? Did the administration consider any other nominees before selecting Mr. Hartogensis? And what experience or qualifications led the administration to pick Mr. Hartogensis over other candidates?

Want the latest institutional investment industry
news and insights? Sign up for CIO newsletters.

In addition to concerns about a lack of relevant experience, the nomination was also criticized for smacking of nepotism as Hartogensis is the brother-in-law of both Senate Majority Leader Mitch McConnell, a Kentucky Republican, and Transportation Secretary Elaine Chao. He has been managing trustee of the Hartogensis Family Trust since 2011, and was CEO and co-founder of software company Auric Technology from 2004 to 2011.

Wyden’s office did not respond to requests for a comment in time for the deadline of this article. The Hartogensis nomination next goes before the Senate’s Committee on Health, Education, Labor, and Pensions.

Related Stories:

PBGC Director Nominee Gets Kicked Back to Trump

https://www.congress.gov/nomination/116th-congress/150?s=4&r=400

https://www.pbgc.gov/about/pg/contact/contact

Do you have any thoughts on this article? If so, feel free to share your opinions in the comment section below!

Tags: , ,

«