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Obama's pay czar to discuss ethics and faith

Tuesday, March 2, 2010, 6 p.m. 101 McCormick Hall

Kenneth Feinberg, who was appointed last year by President Barack Obama as the U.S. Treasury Department's "pay czar," will speak at 6 p.m. Tuesday, March 2, in 101 McCormick Hall.

The event is titled "America's Pay Czar on Ethics, Faith and Executive Compensation: A Conversation With Kenneth Feinberg, Special Master for Executive Compensation." Feinberg will be interviewed by David Miller, director of Princeton's Faith and Work Initiative, on issues of ethics and faith related to his current role as well as his broader views on corporate governance and the role of business in society.

Obama appointed Feinberg to oversee all forms of compensation of senior executives and highly paid employees at seven firms that received exceptional assistance under the Troubled Asset Relief Program (TARP). Feinberg, a well-known Washington lawyer, previously served as the special master of the federal Sept. 11 Victim Compensation Fund.

Feinberg will be accompanied by Robert Johnson, deputy special master for TARP executive compensation and adviser on executive compensation and corporate governance to senior officials at the Department of the Treasury.

The event is sponsored by the Faith and Work Initiative, under the auspices of the Center for the Study of Religion. It is part of the initiative's ongoing public series offering conversations with CEOs and thought leaders about faith, ethics and leadership in the executive suite.

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