This database was last updated in October 2019 and should only be used as a historical snapshot. There may be new information that is not included here.
Thomas B. Modly
Defense (joined: Nov. 16, 2017)
Under Secretary of the Navy, Office Of The Under Secretary Of The Navy | Financial Disclosure »
Former Positions Outside Government
- PricewaterhouseCoopers Public Sector, LLP Managing Director
Former Compensation Sources
- PricewaterhouseCoopers Public Sector, LLP Managing director and global government defense network leader for PwC. Responsible for growing PwC’s government defense businesses worldwide, developing and publishing thought leadership, and coordinating the deployment of firm expertise globally to provide defense advisory services.
Employment Assets
| Description | Value | Income |
|---|---|---|
| PricewaterhouseCoopers Public Sector, LLP (Al-Ruth LLC – Four commercial real estate buildings rented to business in the Fredericksburg, VA area.) | $682,997 | |
| PricewaterhouseCoopers Public Sector, LLP, anticipated bonus (Payne Rentals, LLC – Three commercial real estate buildings rented to business in the Fredericksburg, VA area.) | $50,001 - $100,000 | None (or less than $201) |
| PwC , PwC Wealth Builder Retirement Plan (Defined Contribution) | ||
| Morningstar Lifetime Moderate 2020 Index Fund | $100,001 - $250,000 | None (or less than $201) |
| PwC, PwC RBAP Retirement Plan | ||
| Northern Trust Collective Short Term Bond | $15,001 - $50,000 | None (or less than $201) |
| IRA #1 | ||
| Calamos Market Neutral Fund Cl C (CVSCX) | $1,001 - $15,000 | None (or less than $201) |
| MFS Growth Fund Class C (MFECX) | $15,001 - $50,000 | $201 - $1,000 |
| MFS Value Fund Class C (MEICX) | $15,001 - $50,000 | $201 - $1,000 |
| Oppenheimer Developing Markets Fund Class C (ODVCX) | $1,001 - $15,000 | None (or less than $201) |
| Oppenheimer Global Strategic Income Fund Class C (OSICX) | $1,001 - $15,000 | $201 - $1,000 |
| Wells Fargo Core Plus Bond Fund Class C (WFIPX) | $1,001 - $15,000 | $201 - $1,000 |
| Transamerica Multi-manager Alt Strategies Class C (IMUCX) | $15,001 - $50,000 | $201 - $1,000 |
| Transamerica Short Term Bond Fund Class C (ITACX) | $15,001 - $50,000 | None (or less than $201) |
| Van Eck Emerging Markets Fund Class C (EMRCX) | $15,001 - $50,000 | $201 - $1,000 |
| Van Eck International Investors Gold Fund Class C (IIGCX) | $1,001 - $15,000 | $201 - $1,000 |
| PricewaterhouseCoopers 401(k) | $201 - $1,000 | |
| Morningstar Lifetime Moderate 2020 Index | $1,001 - $15,000 | None (or less than $201) |
| Northern Trust Collective Short Term Bond | $15,001 - $50,000 | None (or less than $201) |
| Northern Trust White Label Intermediate Term Bond | $1,001 - $15,000 | None (or less than $201) |
| Northern Trust Long Government Bond | $15,001 - $50,000 | None (or less than $201) |
| Federated High Yield Bond | $15,001 - $50,000 | None (or less than $201) |
| Mass Mutual Select Global Allocation | $15,001 - $50,000 | None (or less than $201) |
| Northern Trust S&P 500 | $50,001 - $100,000 | None (or less than $201) |
| Neuberger Berman Genesis | $15,001 - $50,000 | None (or less than $201) |
| Northern Trust Small Company Index | $15,001 - $50,000 | None (or less than $201) |
| Northern Trust Daily EAFE Index | $1,001 - $15,000 | None (or less than $201) |
| Lazard Emerging Markets | $15,001 - $50,000 | None (or less than $201) |
Other Income/Assets
| Description | Value | Income |
|---|---|---|
| Townhome Colorado Springs | $100,001 - $250,000 | $5,001 - $15,000 |
| Calamos Market Neutral Fund Cl I (CMNIX) | $1,001 - $15,000 | None (or less than $201) |
| First TR Industrial PRDCR Fund (FXR) | $1,001 - $15,000 | None (or less than $201) |
| IVY Science & Tech Fund (ISTIX) | $15,001 - $50,000 | None (or less than $201) |
| Matthews Japan Fund (MJFOX) | $1,001 - $15,000 | None (or less than $201) |
| MFS Growth Fund CL I (MFEIX) | $100,001 - $250,000 | $1,001 - $2,500 |
| MFS Value Fund Class I (MEIIX) | $50,001 - $100,000 | $1,001 - $2,500 |
| Oppenheimer Global Strategic Income Fund Class Y (OSIYX) | $1,001 - $15,000 | $201 - $1,000 |
| Oppenheimer Developing Markets Fund Class Y (ODVYX) | $1,001 - $15,000 | None (or less than $201) |
| Wells Fargo Precious Metals Fund (EKWYX) | $15,001 - $50,000 | None (or less than $201) |
| Wells Fargo Core Plus Class I (WIPIX) | $15,001 - $50,000 | $201 - $1,000 |
| Alphabet Inc Class C (GOOG) | $1,001 - $15,000 | None (or less than $201) |
| Amazon (AMZN) | $1,001 - $15,000 | None (or less than $201) |
| Amgen Inc (AMGN) | $1,001 - $15,000 | None (or less than $201) |
| Automatic Data Processing (ADP) | $1,001 - $15,000 | None (or less than $201) |
| Comcast Corp New CL A (CMCSA) | $1,001 - $15,000 | None (or less than $201) |
| Lowes Co (LOW) | $1,001 - $15,000 | None (or less than $201) |
| Metlife Inc (MET) | $1,001 - $15,000 | None (or less than $201) |
| Microsoft Corp (MSFT) | $1,001 - $15,000 | None (or less than $201) |
| Northrup Grumman (NOC) | $1,001 - $15,000 | None (or less than $201) |
| Parker-Hannifin Corp (PH) | $1,001 - $15,000 | None (or less than $201) |
| Proctor and Gamble (PG) | $1,001 - $15,000 | None (or less than $201) |
| Simon Property Group REIT (SPG) | $1,001 - $15,000 | None (or less than $201) |
| Wal-Mart Stores (WMT) | $1,001 - $15,000 | None (or less than $201) |
| 529C Plan Maine-#1 | $15,001 - $50,000 | None (or less than $201) |
| MFS AGE 18+ YEARS A | $1,001 - $15,000 | None (or less than $201) |
| MFS AGE 18+ YEARS C | $1,001 - $15,000 | None (or less than $201) |
| MFS EQUITY PORTFOLIO C | $1,001 - $15,000 | None (or less than $201) |
| MFS FIXED PORTFOLIO CL A | $1,001 - $15,000 | None (or less than $201) |
| MFS FIXED PORTFOLIO CL C | None (or less than $1,001) | None (or less than $201) |
| MFS RESEARCH INTL C | $1,001 - $15,000 | None (or less than $201) |
| 529 C Plan Maine #2 | ||
| MFS AGE 18+ YEARS A | $1,001 - $15,000 | None (or less than $201) |
| MFS AGE 18+ YEARS C | $1,001 - $15,000 | None (or less than $201) |
| MFS EQUITY PORTFOLIO A | $1,001 - $15,000 | None (or less than $201) |
| MFS EQUITY PORTFOLIO C | $1,001 - $15,000 | None (or less than $201) |
| MFS FIXED PORTFOLIO CL A | $1,001 - $15,000 | None (or less than $201) |
| MFS FIXED PORTFOLIO CL C | $1,001 - $15,000 | None (or less than $201) |
| MFS RESEARCH INTL A | $1,001 - $15,000 | None (or less than $201) |
| MFS RESEARCH INTL C | $1,001 - $15,000 | None (or less than $201) |
| U.S. Brokerage Account #2 (cash) | $100,001 - $250,000 | $201 - $1,000 |
| U.S. Brokerage Account #3 (cash) | $50,001 - $100,000 | $201 - $1,000 |
| Devon Energy Corp (DVN) | $1,001 - $15,000 | None (or less than $201) |
Employment Agreements and Arrangements
| Employer or Party | City, State | Status and Terms | Date |
|---|---|---|---|
| PricewaterhouseCoopers (PwC) Public Sector, LLP | McLean, Virginia | PwC's fiscal year ends on June 30th. I will have earned an annual bonus for fiscal year performance. I will receive my bonus as part of my final paycheck upon my resignation if I am confirmed. | Aug. 16, 2007 |
| PwC 401(k) | McLean, Virginia | I will not participate in this defined contribution plan after my separation. | Aug. 16, 2007 |
| PwC Retirement Benefit Accumulation Plan (RBAP) | Mclean, Virginia | I am 100% vested in this program. I will receive a lump sum payout upon resignation. | Aug. 16, 2007 |
| PwC Retirement Wealth Builder Plan | McLean, Virginia | I am 100% vested in this plan. I will paid a lump sum upon my resignation from the firm. | Aug. 16, 2007 |
Liabilities
| Creditor Name | Creditor Type | Amount | Rate | Year Incurred |
|---|---|---|---|---|
| Wells Fargo Bank | Mortgage on Personal Residence | $250,001 - $500,000 | 3.875 | 2010 |
| Wells Fargo Bank | Exercised Line of Credit | $15,001 - $50,000 | adjustable | 2010 |
| Merrill Lynch | Exercised Line of Credit | $100,001 - $250,000 | libor | 2014 |
Spouse's Employment Assets
| Description | Value | Income Type | Income Amount |
|---|---|---|---|
| Al-Ruth, LLC (Commercial Real Estate ) | $500,001 - $1,000,000 | Rent or Royalties | $100,001 - $1,000,000 |
| Payne Rentals, LLC (Commercial Real Estate) | $500,001 - $1,000,000 | Rent or Royalties | $100,001 - $1,000,000 |
| U.S. brokerage account #1 (cash) | $15,001 - $50,000 | None (or less than $201) | |
| U.S. brokerage money market account (cash) | $1,001 - $15,000 | None (or less than $201) |
Do you know something about Thomas B. Modly? Send us an email at [email protected] or send a Signal message to 347-244-2134.
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