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The National Coordinating Committee for Multiemployer Plans (NCCMP) has named Michael D. Scott as its new Executive Director.
“On behalf of the Officers and the Board of Directors, I am very excited to be making this announcement today,” said Sean McGarvey, Chairman of the NCCMP. “Michael Scott brings to the NCCMP a wealth of talent and experience, including a broad level of regulatory and legislative expertise. Michael has significant investment banking and advisory experience with the U.S. Government and the private sector, having served at the U.S. Department of the Treasury from 2001-2006 and later in the private sector. He additionally served as the principal advisor to the Chairman of the U.S. Securities and Exchange Commission for financial crisis issues during the financial market calamity in 2008-2009. Michael has also worked extensively with the Pension Benefit Guaranty Corporation (PBGC) and has a deep understanding of the workings of that organization.
“Michael Scott is uniquely qualified to continue the work of his predecessor, Randy DeFrehn, who deserves our gratitude and admiration for a 40-year career in which he tirelessly devoted himself to the health and vitality multiemployer health care and pension plans, and for positioning NCCMP at the forefront of important policy deliberations that directly affected the interests of multiemployer plan participants,” McGarvey added.