Blake Paulson, who briefly served as acting comptroller in 2021, is one of three members of the Office of the Comptroller of the Currency’s executive committee who are stepping down on July 1.
The agency said Paulson, senior deputy comptroller for supervision risk and analysis, will fully retire on Aug. 31. Jay Gallagher, deputy comptroller for systemic risk identification support and specialty supervision, will succeed Paulson as acting senior deputy comptroller.
Kathy Murphy, the agency’s chief financial officer and senior deputy comptroller for management and chief financial officer, will take a sabbatical that could last up to a year. The OCC said that Peggy Sherry, principal deputy comptroller for management and deputy CFO, will replace Murphy in an acting senior deputy comptroller.
“I am confident that the OCC will be well-served by our new acting senior deputy comptrollers who will provide valuable and seamless leadership while we execute our important mission,” Hsu added.