Michael J McCord
Under Secretary of Defense for Comptroller
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $2.7 M - $6.1 M
Salary
  • salary
    Unknown
Employment
  • Started 05/28/2021

Financial Disclosure Details - OGE Form 278e (05/07/2022)

Positions Held Outside United States Government

#
Organization
City
Position
To
1
Alexandria, Virginia
Adjunct Research Staff Member
5/2021
2
El Segundo, California
Trustee
5/2021
3
Reston, Virginia
President
5/2021
4
Reston, Virginia
Secretary
5/2021
5
Reston, Virginia
Manager
5/2021
6
Washington, District of Columbia
Volunteer
1/2021
7
Washington, District of Columbia
Fellow
Present

Employment Assets & Income and Retirement Accounts

#
Description
Value
Income Type
Income Amount
1
Stennis Center for Public Service
Salary
$82,408
2
Institute for Defense Analyses
Salary
$6,779
3
The Aerospace Corporation
Salary
$15,250
4
Vanguard Target Retirement 2025 Fund Investor Class Shares (VTTVX)
$1,001 - $15,000
None (or less than $201)
5
Vanguard/Wellington Fund, Inc Investor Shares (VWELX)
$15,001 - $50,000
None (or less than $201)
6
Vanguard International Explorer Fund Investor Shares (VINEX)
$15,001 - $50,000
None (or less than $201)
7
Vanguard Total International Bond Index Fund Admiral Class Shares (VTABX)
$1,001 - $15,000
None (or less than $201)
8
Vanguard Target Retirement 2025 Fund Investor Class Shares (VTTVX)
$15,001 - $50,000
None (or less than $201)
9
Vanguard/Wellington Fund, Inc Admiral Shares (VWENX)
$50,001 - $100,000
None (or less than $201)
10
Vanguard LifeStrategy Growth Fund Investor Shares (VASGX)
$1,001 - $15,000
None (or less than $201)

Employment Agreements and Arrangements

#
Employer Or Party
City
Status And Terms
Date
1
Charlotte, North Carolina
I will continue to participate in this defined contribution plan. The plan sponsor will not make any further contributions. The asset for this defined contribution plan is listed in Part 2, item 12.
7/2017
2
Reston, Virginia
My consulting business will be inactive during my appointment. All outstanding client fees were fixed before I entered government service.
3/2021

Sources of Compensation Exceeding $5,000 in a Year

#
Source
City
Duties
Nothing reported in this section

Spouse's Employment Assets & Income and Retirement Accounts

#
Description
Value
Type
Amount
1
Jones & Rostant, P.C. (Law firm)
salary
2
Jones & Rostant, P.C.
$1,001 - $15,000
None (or less than $201)
3
T Rowe Price Growth Stock Fund, Inc (PRGFX)
$250,001 - $500,000
None (or less than $201)
4
T Rowe Price Small-Cap Value Fund, Inc (PRSVX)
$50,001 - $100,000
None (or less than $201)
5
T Rowe Price Dividend Growth Fund, Inc (PRDGX)
$250,001 - $500,000
None (or less than $201)
6
T Rowe Price Mid-Cap Growth Fund, Inc (RPMGX)
$100,001 - $250,000
None (or less than $201)
7
T Rowe Price Capital Appreciation Fund (PRWCX)
$500,001 - $1,000,000
None (or less than $201)
8
T Rowe Price Extended Equity Market Index Fund (PEXMX)
$50,001 - $100,000
None (or less than $201)
9
T Rowe Price New Asia Fund (PRASX)
$100,001 - $250,000
None (or less than $201)
10
T Rowe PriceGlobal Stock Fund (PRGSX)
$250,001 - $500,000
None (or less than $201)

Other Assets and Income

#
Description
Value
Type
Amount
1
U.S. credit union #1 (cash)
$250,001 - $500,000
Interest
$1,001 - $2,500
2
U.S. bank #1 (cash)
$15,001 - $50,000
None (or less than $201)
3
Vanguard Cash Reserves Federal Money Market Fund (VMMXX)
$1,001 - $15,000
None (or less than $201)
4
Vanguard 500 Index Fund Admiral Shares (VFIAX)
$50,001 - $100,000
$1,001 - $2,500
5
Vanguard Intermediate-Term Investment- Grade Fund Investor Shares (VFICX)
$15,001 - $50,000
$1,001 - $2,500
6
Vanguard International Explorer Fund Investor Shares (VINEX)
$1,001 - $15,000
$201 - $1,000
7
Vanguard Limited-Term Tax-Exempt Fund Investor Shares (VMLTX)
$15,001 - $50,000
$201 - $1,000
8
Vanguard Real Estate Index Fund Admiral Shares (VGSLX)
$15,001 - $50,000
$201 - $1,000
9
Vanguard Short-Term Investment-Grade Fund Investor Shares (VFSTX)
$15,001 - $50,000
$201 - $1,000
10
Vanguard/Wellington Fund, Inc Admiral Shares (VWENX)
$50,001 - $100,000
$5,001 - $15,000

Transactions

#
Description
Type
Date
Amount
Nothing reported in this section

Liabilities

#
Creditor
Amount
Incurred
Term
Nothing reported in this section

Gifts and Travel Reimbursements

#
Source Name
City
Description
Value
Nothing reported in this section

Endnotes

Section
#
Description
Filer's Information
1
This was a 1099 consultant position with the Stennis Center for Public Service, U.S. Congress. This position terminated on 5/31/2021 as I returned to federal service with DoD.
Filer's Information
2
Unpaid SGE consultant, Director of Administration and Management, Department of Defense. This position terminated in May 2021
1
3
This was an unpaid position
1
4
This was an unpaid position
1
5
Operations ceased 5/31/2021, no outstanding contracts or arrangements.
1
6
Member of Defense Agency Review Team, Biden-Harris Transition. This was an unpaid position.
1
7
This is an unpaid position. Service on specific expert panels may be compensated, but I did not serve on any such panels in 2021. Per my ethics agreement, I will not be an active participant in the Academy during my service as Under Secretary of Defense.
3
2
LLC operations ceased May 31, 2021

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