Friday, April 11, 2008

Peter Pace Hits Trifecta

Retired General Peter Pace continues his streak of appointments in the private sector. Neohapsis tapped Pete for a spot on its Board of Directors. His compensation was not disclosed and is not publicly available given the firm's ownership by two private equity underwriters (PEUs), Paladin Capital Group and Trident Capital. I wasn't sure the General had time for another job given his earlier commitments:

In January, SM&A Strategic Advisers named Pete as their President and CEO. In addition, he nabbed a spot on the parent company board. His first year compensation is $560,000 and full time work is not required.

March saw Gen. Pace get appointed to President Bush's Oversight Intelligence Board.

April found Behrman Capital, a private equity underwriter (PEU) in need of an operating partner, one to help grow their defense and aerospace business. The ex-chair of the Join Chiefs of Staff filled the bill.

That's quite a winning streak. It will be interesting to see how many more jobs and board appointments come Peter's way, courtesy of the government industrial monstrosity.