[Federal Register Volume 78, Number 25 (Wednesday, February 6, 2013)]
[Presidential Documents]
[Pages 8953-8954]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-02855]


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  Federal Register / Vol. 78 , No. 25 / Wednesday, February 6, 2013 / 
Presidential Documents  

[[Page 8953]]


                Memorandum of February 1, 2013

                
Designation of Officers of the Pension Benefit 
                Guaranty Corporation To Act as Director of the Pension 
                Benefit Guaranty Corporation

                Memorandum for the Director of the Pension Benefit 
                Guaranty Corporation

                By the authority vested in me as President by the 
                Constitution and the laws of the United States of 
                America, including the Federal Vacancies Reform Act of 
                1998, 5 U.S.C. 3345 et seq. (the ``Act''), it is hereby 
                ordered that:

                Section 1. Order of Succession. Subject to the 
                provisions of section 2 of this memorandum, and to the 
                limitations set forth in the Act, the following 
                officials of the Pension Benefit Guaranty Corporation, 
                in the order listed, shall act as and perform the 
                functions and duties of the office of Director of the 
                Pension Benefit Guaranty Corporation (Director) during 
                any period in which the Director has died, resigned, or 
                is otherwise unable to perform the functions and duties 
                of the office of Director:

                (a) Chief Management Officer;

                (b) Chief Operating Officer;

                (c) Chief Financial Officer; and

                (d) General Counsel.

                Sec. 2. Exceptions. (a) No individual who is serving in 
                an office listed in section 1 of this memorandum in an 
                acting capacity, by virtue of so serving, shall act as 
                the Director pursuant to this memorandum.

                (b) No individual listed in section 1 of this 
                memorandum shall act as Director unless that individual 
                is otherwise eligible to so serve under the Act.

                (c) Notwithstanding the provisions of this memorandum, 
                the President retains discretion, to the extent 
                permitted by law, to depart from this memorandum in 
                designating an acting Director.

                Sec. 3. Prior Memorandum Superseded. This memorandum 
                supersedes the President's Memorandum of December 9, 
                2008 (Designation of Officers of the Pension Benefit 
                Guaranty Corporation to Act as Director of the Pension 
                Benefit Guaranty Corporation).

                Sec. 4.  Judicial Review. This memorandum is not 
                intended to, and does not, create any right or benefit, 
                substantive or procedural, enforceable at law or in 
                equity by any party against the United States, its 
                departments, agencies, or entities, its officers, 
                employees, or agents, or any other person.

[[Page 8954]]

                Sec. 5. Publication. You are authorized and directed to 
                publish this memorandum in the Federal Register.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    Washington, February 1, 2013.

[FR Doc. 2013-02855
Filed 2-5-13; 11:15 am]
Billing code 7709-01