TMF Executive Director to Step Down

The Technology Modernization Fund’s executive director will step down after two years at the helm.

Robin Carnahan, the administrator of the General Services Administration, said Raylene Yung was instrumental in building the TMF into one of the main resources for federal IT systems modernization. The agency said in a statement that Yung developed the TMF’s foundations and processes and was essential in improving how the TMF team operates and supports government agencies’ modernization efforts.

Jessie Posilkin, the director of the fund’s customer experience portfolio, will serve as acting TMF executive director until a permanent replacement is found, FedScoop reported.

Yung’s departure comes amid criticism from lawmakers and experts about the federal funding.

In September, the House Committee on Oversight and Accountability approved the Modernizing Government Technology Reform Act of 2023, which includes provisions extending the TMF for five years until 2030. The bill also includes proposed reforms for program management and oversight.

In July, the Senate Committee on Appropriation approved legislation rescinding $290 million from the TMF. Experts criticized the decision, claiming that additional funding was necessary to boost cybersecurity across the government.