ExecutiveOrdersEO
MemoMemorandumG.W. Bush · R

Presidential Memorandum

Designation of Officers to Act as President of the Overseas Private Investment Corporation

This memorandum establishes the order of succession for who will act as President of the Overseas Private Investment Corporation (OPIC) if the incumbent dies, resigns, or becomes unable to serve. It lists five OPIC officials in priority order and includes standard exceptions for acting officials and Federal Vacancies Reform Act eligibility.

Federal Register Open PDF 74 FR 4101

Key directives

  • Establish order of succession for OPIC President: Executive Vice President, then Vice President and General Counsel, then Vice President and Chief Financial Officer, then Deputy General Counsel, then Director of Operations
  • Exclude acting officials from serving under this memorandum
  • Require eligibility under Federal Vacancies Reform Act of 1998
  • Preserve presidential discretion to depart from this memorandum
  • Direct publication in Federal Register

Who is ordered

Timeline

Immediate

  • Order of succession takes effect upon publication

Near term (90d)

—

Long term

  • Remains in effect until superseded by future presidential action

Risks & tensions

  • Standard internal management document with no substantive policy controversy; limited to continuity-of-operations planning
Presidential Memorandum: Designation of Officers to Act as President of the Overseas Private Investment Corporation · Executive Orders