Financial Literacy and Education Commission

Speaker Biographies

November 5, 2014

Page 1

Matthew Rutherford

Acting Under Secretary for Domestic Finance

U.S. Department of the Treasury

Matthew Rutherford currently serves as the Acting Under Secretary for Domestic Finance. 

In this capacity, Mr. Rutherford is responsible for developing and coordinating Treasury’s 

policies and guidance in the areas of financial institutions, federal debt financing, financial 

regulation, and capital markets. Prior to this appointment at Treasury, Mr. Rutherford 

worked at the Federal Reserve Bank of New York (FRBNY), where he served in a number 

of different capacities, including: the FRBNY liaison to the Treasury Department, debt 

management advisor, and Treasury market analyst. Prior to his time at FRBNY, he served as 

a Presidential Management Fellow in Washington, DC.

Richard Cordray

Director

Consumer Financial Protection Bureau

Richard Cordray serves as the first Director of the Consumer Financial Protection Bureau. He 

previously led the Bureau’s Enforcement Division.

Prior to joining the Bureau, Mr. Cordray served on the front lines of consumer protection 

as Ohio’s Attorney General. Mr. Cordray recovered more than $2 billion for Ohio’s retirees, 

investors, and business owners and took major steps to help protect its consumers from 

fraudulent foreclosures and financial predators. In 2010, his office responded to a record 

number of consumer complaints, but Mr. Cordray went further and opened that process for 

the first time to small businesses and non-profit organizations to ensure protections for even 

more Ohioans. To recognize his work on behalf of consumers as Attorney General, the Better 

Business Bureau presented Mr. Cordray with an award for promoting an ethical marketplace.

Mr. Cordray also served as Ohio Treasurer and Franklin County Treasurer, two elected 

positions in which he led state and county banking, investment, debt, and financing activities. 
Financial Literacy and Education Commission

Speaker Biographies

November 5, 2014

Page 2

As Ohio Treasurer, he resurrected a defunct economic development program that provides 

low-interest loan assistance to small businesses to create jobs, re-launched the original concept 

as GrowNOW, and pumped hundreds of millions of dollars into access for credit to small 

businesses. Mr. Cordray simultaneously created a Bankers Advisory Council to share ideas 

about the program with community bankers across Ohio.

Earlier in his career, Mr. Cordray was an adjunct professor at the Ohio State University 

College of Law, served as a State Representative for the 33rd Ohio House District, was the first 

Solicitor General in Ohio’s history, and was a sole practitioner and Of Counsel to Kirkland & 

Ellis. Mr. Cordray has argued seven cases before the United States Supreme Court, including 

by special appointment of both the Clinton and Bush Justice Departments.

Portia Wu

Assistant Secretary for Employment and Training 

U.S. Department of Labor

As the Assistant Secretary of Labor for Employment and Training, Portia Wu works to 

advance job-driven skills training. Previously, Assistant Secretary Wu served in the White 

House as Special Assistant to the President for Labor and Workforce Policy and spent seven 

years handling labor and pension issues for the Senate Health, Education, Labor and Pensions 

Committee.

Greg Long

Executive Director

Federal Retirement Thrift Investment Board

Greg Long is the Executive Director of the FRTIB, the federal agency that administers the 

Thrift Savings Plan (TSP). In this role, he serves as the Chief Executive Officer and managing 

fiduciary of the TSP. The TSP services more than 4.6 million current and former Federal 

employees and Uniformed Service members with over $390 billion in assets, making it the 
Financial Literacy and Education Commission

Speaker Biographies

November 5, 2014

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largest defined contribution plan in the world. Prior to his appointment as Executive Director, 

Director Long was the FRTIB’s Director of Product Development, where he was responsible 

for the Agency’s strategic planning functions and its development of new services and 

products that promote beneficial savings behavior. Additionally, he managed all research 

efforts to understand the attitudes and investment behavior of TSP participants. Before joining 

the FRTIB, Director Long spent seven years with CitiStreet, where he served as the Director of 

Marketing for the American Bar Association Retirement Funds. In that position, he oversaw 

all marketing, sales, and product development activity for a program that provides 401(k) 

services to over 4,000 law firms nationwide. Prior to CitiStreet, Director Long spent six years 

with Putnam Investments, most recently as the Regional 401(k) Director in the southeast U.S.

Judy Mares 

Deputy Assistant Secretary, Employee Benefits Security Administration

U.S. Department of Labor 

Judy Mares became EBSA’s Deputy Assistant Secretary in October 2013. She joined EBSA 

after retiring from an extensive corporate career. Most recently, she was the Chief Investment 

Officer (CIO) of Alliant Techsystems, Inc., where she managed the investments of the pension, 

savings, and voluntary employees beneficiary association (VEBA) plans (a total of $4.2 billion 

in assets) for seven years. She also served as the CIO of Ameritech Corporation for five years, 

and the Director of Benefit Finance at General Mills for 12 years. In addition, Ms. Mares was 

the President of Mares Financial Consulting for 13 years.

Prior to joining EBSA, Deputy Assistant Secretary Mares was the Defined Contribution 

Committee Chair of the Committee on the Investment of Employee Benefit Assets, and a 

member of the Plan Sponsor Advisory Committee of the Defined Contribution Institutional 

Investment Association. Ms. Mares was previously the Chair of the ERISA Advisory Council 

and a loaned executive to President Carter’s Commission on Pension Policy.
Financial Literacy and Education Commission

Speaker Biographies

November 5, 2014

Page 4

Kathy Grantland

Agency Benefits Officer

Social Security Administration 

Kathy Grantland is the Agency Benefits Officer at the Social Security Administration. Ms. 

Grantland began her career with the U.S. Coast Guard Yard as a student in 1979. She began 

working for SSA in 1980 and has since worked in various areas within Human Resources, 

concentrating on benefits for the last 24 years. Ms. Grantland leads a team of seven Human 

Resource Specialists dealing with retirement and benefits related issues at the headquarters 

office in Baltimore, Maryland. She also serves as the policy liaison and reference checkpoint 

for SSA’s 10 regional personnel offices. Ms. Grantland and her group are responsible for 

SSA’s financial literacy and education strategy for employees.

Teresa Marler

Benefits and Worklife Lead, Office of Human Capital

Consumer Financial Protection Bureau

Teresa Marler is the Benefits and Worklife Lead in the Office of Human Capital at the 

CFPB. Ms. Marler serves as the CFPB’s agency benefits officer and as such has the primary 

responsibility for providing retirement financial education to CFPB employees in support of 

the Office of Personnel Management’s retirement financial literacy and education strategy for 

Federal employees. She has been with CFPB since February 2013. Prior to that she served 

as the agency benefits officer for the Federal Aviation Administration and the USDA Forest 

Service.
Financial Literacy and Education Commission

Speaker Biographies

November 5, 2014

Page 5

Caroline E. Crocoll

Director, Division of Family and Consumer Sciences

National Institute of Food and Agriculture

U.S. Department of Agriculture

Caroline Crocoll is responsible for providing national leadership for and supervision of 

critical tasks involving Family and Consumer Sciences staff, program development and 

collaboration; identifying mission-relevant issues requiring Federal attention and support; 

conceiving and executing Family and Consumer Sciences programs to respond to existing or 

emerging opportunities, priorities, and issues; and evaluating the impacts of these programs.

Anna Alvarez Boyd

Associate Director, Analysis and Communications Branch

Division of Consumer and Community Affairs

Federal Reserve Board of Governors

Anna Alvarez Boyd is the Associate Director of the Analysis and Communications branch of 

the Federal Reserve Board of Governors’ Division of Consumer and Community Affairs. Ms. 

Alvarez Boyd directs the administrative, policy and community development functions of 

the Division including Community Affairs, the Consumer Advisory Council and Consumer 

Education and Research. Ms. Alvarez Boyd has diverse experience in government, the 

corporate and non-profit sectors where she has managed housing and mortgage finance, 

community development and leadership programs at both a national and regional level. 

Most recently, Ms. Alvarez Boyd served as Vice President of Programs for the Congressional 

Hispanic Caucus Institute (CHCI) where she was responsible for leading and managing all 

aspects of the organization’s leadership development and housing policy program. Prior 

to CHCI, Ms. Alvarez Boyd held the position of Director, Community and Multicultural 

Lending at Fannie Mae where she developed business opportunities in minority communities 

through national non-profit housing and community development organizations, realtor 

associations and state and local government entities. Ms. Alvarez Boyd also has extensive 

regulatory experience. She served as Deputy Comptroller for Community Affairs at the Office 
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Speaker Biographies

November 5, 2014

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of the Comptroller of the Currency until 2004. In that role she directed a nationwide team of 

community development professionals responsible for policy development, outreach and 

consultation services with national banks and examiners.

Susan S. Shockey

Family and Consumer Economics National Program Leader,

Division of Family and Consumer Sciences

National Institute of Food and Agriculture, Family & Consumer Economics

U.S. Department of Agriculture

Dr. Susan Shockey provides national leadership for the Family and Consumer Economics 

program. She promotes partnerships within the Land-Grant University system and with 

other multi-state partners to foster the three dimensions of financial capability: financial 

knowledge and understanding, financial skills and competence, and financial responsibility. 

She integrates research, education, and extension methods to further enhance Family and 

Consumer Economics.

Jeff Larrimore

Economist

Division of Consumer and Community Affairs 

Federal Reserve Board of Governors

Dr. Jeff Larrimore is an economist in the Division of Consumer and Community Affairs at the 

Federal Reserve Board. He is a public finance and labor economist whose research interests 

include income inequality and distributions, as well as household financial behavior. Prior to 

joining the Federal Reserve Board, he worked for Congress’ Joint Committee on Taxation.
Financial Literacy and Education Commission

Speaker Biographies

November 5, 2014

Page 7

Marvin M. Smith

Senior Community Development Research Advisor

Federal Reserve Bank of Philadelphia

Marvin M. (Marty) Smith is a senior community development economic adviser in the 

CDS&E Department at the Federal Reserve Bank of Philadelphia. He joined the Bank in 

June 2003. Among his many duties, he leads projects and programs that enhance consumer 

education, including financial literacy. Mr. Smith also heads the department’s participation 

in the Bank’s Consumer Credit and Payments program. His current research uses the 

Homeownership Counseling (HOC) database to track the homeownership counseling 

study’s homeowners Move-to-Opportunity. He also uses the HOC database to explore the 

creditworthiness of individuals with thin credit files. His previous work has been published 

in the Journal of Economics and Finance, Regional Science and Urban Economics, The Annals 

of Regional Science, and The American Journal of Economics and Sociology. Before joining 

the Bank, Mr. Smith was employed at the Congressional Budget Office and the Brookings 

Institution.

Amias Gerety

Acting Assistant Secretary for Financial Institutions

U.S. Department of the Treasury

Amias Gerety serves as the Acting Assistant Secretary for Financial Institutions. In this 

role, Mr. Gerety is responsible for developing and coordinating Treasury’s policies on 

issues affecting financial institutions, and for overseeing Treasury programs including the 

Community Development Financial Institutions (CDFI) Fund, the State Small Business Credit 

Initiative, and the Small Business Lending Fund. He previously served as Deputy Assistant 

Secretary for the Financial Stability Oversight Council, and as Senior Advisor to the Assistant 

Secretary to Financial Institutions. He joined Treasury in January 2009.

Prior to joining Treasury, Mr. Gerety was a management consultant at Oliver Wyman. He has 

also worked for the domestic policy staff in John Kerry’s Presidential campaign and for the 

Center for American Progress.
Financial Literacy and Education Commission

Speaker Biographies

November 5, 2014

Page 8

Melissa Koide

Deputy Assistant Secretary for Consumer Policy

U.S. Department of the Treasury

Melissa Koide joined the U.S. Treasury Department to serve as the Deputy Assistant Secretary 

responsible for matters concerning consumer policy. In addition to leading Treasury’s 

consumer policy agenda, Ms. Koide leads Treasury’s efforts to examine emerging trends in 

financial services and the growing use of technology and data in financial services. Ms. Koide 

supports the Secretary in his leadership of the Financial Literacy and Education Commission, 

and she serves as the Executive Director for the President’s Advisory Council on Financial 

Capability for Young Americans. Previously, Ms. Koide was the Vice President of Policy at 

the Center for Financial Services Innovation, where she established and led the organization’s 

Washington, DC policy office.