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Richard Hartt Named Deputy Director of FDIC's Division of Information Technology

Media Contact:
David Barr (202) 898-6992

Richard W. Hartt has been named Deputy Director of the Federal Deposit Insurance Corporation's (FDIC) Division of Information Technology (DIT). Mr. Hartt will head the division's Enterprise Technology Branch.

"Rick has an extensive background in all areas of information technology, including strategic planning, enterprise architecture, data architecture, and performance measurement," said Michael Bartell, CIO and DIT Director. "Rick brings significant experience to the FDIC and the IT division and I am excited to have him on our executive team."

Mr. Hartt joins the FDIC from the Pension Benefit Guaranty Corporation (PBGC) where he served as Chief Technology Officer since 2002. He was responsible for all aspects of the PBGC's information technology program and, while there, emphasized an enterprise approach in the acquisition and deployment of systems and information technology. Before joining the PBGC, Mr. Hartt spent many years in the private sector in various senior technology management roles.

Mr. Hartt has a master's degree in Operations Research from George Washington University. His appointment is effective May 30.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,833 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at, by subscription electronically (go to and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-51-2006

Last Updated 05/24/2006

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