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42 U.S. Code § 12651e

Officers

42 U.S. Code § 12651e. Officers

(a) Managing Directors
(1) In general
There shall be in the Corporation 2 Managing Directors, who shall be appointed by the President, and who shall report to the Chief Executive Officer.
(2) Compensation
The Managing Directors shall be compensated at the rate provided for level IV of the Executive Schedule under section 5315 of title 5.
(3) Duties
The Corporation shall determine the programs for which the Managing Directors shall have primary responsibility and shall establish the divisions of the Corporation to be headed by the Managing Directors.
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