CFPB Announces New Deputy Director And Additions To Executive Team

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Somewhat overshadowed by the Supreme Court’s Seila Law decision and other CFPB-related developments was the CFPB’s announcement on Tuesday of personnel changes.

The Bureau announced that Thomas Pahl will serve as Deputy Director of the Bureau.  Since April 2018, he has served as CFPB Policy Associate Director for Research, Markets, and Regulations since April 2018.  The Bureau’s press release did not specifically state whether Mr. Pahl will retain his Associate Director position while serving as Deputy Director.  (Deputy Directors have previously served in dual roles.  For example, Steven Antonakes, who served as Deputy Director under former Director Cordray, simultaneously held the position of Deputy Director and Associate Director for Supervision, Enforcement, and Fair Lending.)

The CFPB also announced the following additions to its executive team:

  • Delicia Reynolds Hand will serve as Deputy Associate Director for the Bureau’s newly-created Consumer Education and External Affairs (CEEA) Division.  She joined the Bureau in 2012 and has over 20 years of experience, having worked in consumer advocacy, community and economic development and on Capitol Hill.
  • Desmond Brown will serve as the Assistant Director for the CEEA Division’s Office of Consumer Education.  Mr. Brown has more than two decades of experience working with national and local organizations to increase financial well-being and economic opportunities for consumers.  He first joined the Bureau in 2012 as a program specialist for the Office of Financial Empowerment.
  • Matt Cameron will serve as Assistant Director for the CEEA Division’s Office of Stakeholder Management.  Mr. Cameron has served at the Bureau since 2012, most recently as the Staff Director for the Advisory Board and Councils Office.

In addition to Consumer Education and Stakeholder Management, the Bureau’s newly-created CEEA Division will include Offices of Public Affairs and Consumer Response.  The CFPB announced that the Office of Public Affairs will be led by Marisol Garibay, the Office of Consumer Response will be led by Christopher Johnson and the entire CEEA Division will be led by Policy Associate Director Andrew Duke.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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