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Jonathan McKernan and Michael J. Hsu, Embezzlement, Washington 2019

WASHINGTON — The Federal Deposit Insurance Corporation (FDIC) has bolstered its Special Committee on workplace culture with the appointment of three non-voting members, each bringing a unique set of credentials to the table. Co-chaired by Jonathan McKernan and Michael J. Hsu, the Special Committee is tasked with overseeing an independent, third-party review of the agency’s internal dynamics.

Linda Miller, CEO of Audient Group, specializes in anti-fraud solutions and brings a decade of government service to the table, including stints at the Government Accountability Office. Elizabeth McCaul, a Supervisory Board member of the European Central Bank, has a storied background as New York Superintendent of Banks and previous executive roles at Promontory Financial. Valerie Mosley, founder of BrightUp and Valmo Ventures, offers a wealth of experience from her tenure at Wellington, where she held several executive positions.

The trio joins the committee to provide advice and counsel, aiming to foster a diverse range of viewpoints within the review process. The Special Committee was established on November 21, 2023, with the goal of completing its independent review in the second quarter of 2024. This move by the FDIC underscores its commitment to fostering an inclusive and effective workplace culture.

The non-voting members are:

  • Linda Miller – CEO of Audient Group
  • Elizabeth McCaul – Member of the Supervisory Board of the European Central Bank
  • Valerie Mosley – Founder of BrightUp and Valmo Ventures

This appointment comes as part of a broader effort by the FDIC to ensure transparency and accountability in its operations. The Special Committee will be instrumental in guiding this process, with the new members contributing their wealth of knowledge and experience.

Media inquiries can be directed to the FDIC media contact for further details.

Last Updated: March 22, 2024

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