Under the PICA Act, the Authority is administered by a governing Board consisting of five voting members and two ex-officio non-voting members. The Governor, the President pro tempore of the Senate, the Minority Leader of the Senate, the Speaker of the House of Representatives and the Minority Leader of the House of Representatives each appoints one voting member of the Board. Each Board member serves at the pleasure of his or her appointing authority for a two-year term.
The Secretary of the Budget of the Commonwealth of Pennsylvania and the Director of Finance of the City of Philadelphia serve as ex-officio members of the Board. The ex-officio members have no voting rights, are not counted for purposes of establishing a quorum and may designate in writing a representative of their respective offices to attend Board meetings on their behalf.
The present members of the PICA Board are as follows:
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Mr. Sam Katz
Chair
Katz Creative Group
520 N. Columbus Blvd. | Suite 203
Philadelphia, PA 19123 -
Mr. Michael A. Karp
Vice-Chair
University City Housing
1630 Locust Street, Suite 200
Philadelphia, PA 19103 -
Mr. Joseph A. DiAngelo, Ed. D.
Secretary / Treasurer
Dean, Erivan K. Haub School of Business
St. Joseph's University
5600 City Avenue
Philadelphia, PA 19131-1395 -
Mr. Gregory S. Rost
Asst. Secretary / Treasurer Vice President and Chief of Staff
Office of the President
University of Pennsylvania
1 College Hall, Room 100
Philadelphia, PA 19104-6380 -
Mr. Sam Hopkins
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Charles Zogby
Budget Secretary
Commonwealth of Pennsylvania
238 Main Capitol Building
Harrisburg, PA 17120 -
Mr. Rob Dubow
Director of Finance
City of Philadelphia
1330 Municipal Services Building
1401 John F. Kennedy Boulevard
Philadelphia, PA 19102 -
(Alternate for Mr. Dubow)
Ms. Anna Adams
Chief of Staff to Director of Finance
City of Philadelphia
1330 Municipal Services Building
1401 John F. Kennedy Boulevard
Philadelphia, PA 19102
Mr. Katz was appointed by to serve as a member of the Board by Governor Corbett in 2011.
VICE CHAIR - MR. MICHAEL A. KARP
Mr. Karp was first appointed to serve as a member of the Board by the Speaker of the House of Representatives in 2000 and has been reappointed to the Board upon expiration of each term of office since that time, most recently by the Minority Leader of the House of Representatives. His prior government service includes service as a member of the Board of Education of the School District of Philadelphia. He is the founder of University City Housing and is active in the civic affairs of the University City community in West Philadelphia.
SECRETARY / TREASURER - JOSEPH A. DIANGELO, ED. D.
Dr. DiAngelo was first appointed to serve as a member of the Board by the President Pro Tempore of the Senate in 2009. He is the Dean and a Professor in the Department of Management at the Haub School of Business at St. Joseph’s University.
ASST. SECRETARY / TREASURER - MR. GREGORY S. ROST
Mr. Rost was appointed to serve as a member of the Board by the Democratic Leader of the House of Representatives in 2011. He is Vice President and Chief of Staff to the President at the University of Pennsylvania.
Mr. Hopkins was first appointed to the board by the Democratic Leader of the Senate in 2011. Mr. Hopkins founded the financial advisory firm of Hopkins & Company in 1986 in Philadelphia. He has worked on some $50 billion in bond and stock transactions. Hopkins & Company was involved in the creation of PICA in 1990-91 and was appointed financial advisor at PICA’s organizational meeting.