The Federal Deposit Insurance Corporation (FDIC) Special Committee Board of Directors has announced the appointment of three non-voting members. These new appointees are expected to provide advice and counsel to the committee, which was established by the FDIC to oversee an independent third-party review of the agency's workplace culture.
"The three non-voting members will promote a diversity of views while advising the Special Committee," said Committee Co-Chair Michael J. Hsu in a press release. "Collectively, these three non-voting members bring a wealth of banking, regulatory, executive, and leadership experience that will greatly assist the committee."
According to an FDIC press release, the newly appointed non-voting members include Linda Miller, CEO of Audient Group, an anti-fraud solutions firm serving commercial and government clients; Elizabeth McCaul, a member of the European Central Bank’s Supervisory Board; and Valerie Mosley, founder of BrightUp and Valmo Ventures.
In November 2023, following allegations of sexual harassment and interpersonal misconduct within the agency, the FDIC established this Special Committee. "All employees at the FDIC need to feel safe and able to speak out if they are subject to, witness or encounter inappropriate behavior in the workplace. Sexual harassment, discrimination, and other misconduct are totally unacceptable and have no place at the FDIC," stated an FDIC press release dated November 21, 2023.
As per a February press release from FDIC, it was revealed that the committee continues its efforts to engage with individuals who have witnessed or experienced any form of sexual harassment or hostile, abusive, unprofessional or inappropriate behavior within the agency. As of February's report, more than 350 people have come forward.