Michael Cadenazzi
The data on this page comes from a financial disclosure filed by Michael Cadenazzi, who was picked to be: Assistant Secretary of Defense for Industrial Base Policy, Department of Defense. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.
Roles Outside Government
Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)
| Organization | Position held | Endnote | Line No. |
|---|---|---|---|
| EY | Managing Director, 2/2022 - Present | 1 |
Employment Assets
Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| IRA #1 | 1 | ||||
| BlackRock US Equity Factor Rotation ETF (DYNF) | $15,001 - $50,000 | None (or less than $201) | 1.1 | ||
| iShares MSCI EAFE Growth ETF (EFG) | $1,001 - $15,000 | None (or less than $201) | 1.2 | ||
| iShares MSCI EAFE Value ETF (EFV) | $15,001 - $50,000 | None (or less than $201) | 1.3 | ||
| iShares MSCIEmerging Markets ex China ETF (EMXC) | $1,001 - $15,000 | None (or less than $201) | 1.4 | ||
| iShares Currency Hedged MSCI EAFE ETF (HEFA) | $1,001 - $15,000 | None (or less than $201) | 1.5 | ||
| iShares Gold Trust (IAU) | $1,001 - $15,000 | None (or less than $201) | 1.6 | ||
| iShares Core MSCIEmerging Markets ETF (IEMG) | $1,001 - $15,000 | None (or less than $201) | 1.7 | ||
| iShares Core Total USD Bond Market ETF (IUSB) | $15,001 - $50,000 | None (or less than $201) | 1.8 | ||
| iShares S&P 500 Value ETF (IVE) | $15,001 - $50,000 | None (or less than $201) | 1.9 | ||
| iShares Core S&P 500 ETF (IVV) | $50,001 - $100K | None (or less than $201) | 1.10 | ||
| iShares S&P 500 Growth ETF (IVW) | $15,001 - $50,000 | None (or less than $201) | 1.11 | ||
| iShares US Technology ETF (IYW) | $1,001 - $15,000 | None (or less than $201) | 1.12 | ||
| ISHARES MBS ETF (MBB) | $1,001 - $15,000 | None (or less than $201) | 1.13 | ||
| iShares Edge MSCI USA Momentum Factor ETF (MTUM) | $1,001 - $15,000 | None (or less than $201) | 1.14 | ||
| IShares S&P 100 ETF (OEF) | $1,001 - $15,000 | None (or less than $201) | 1.15 | ||
| iShares Edge MSCI USA Quality Factor ETF (QUAL) | $15,001 - $50,000 | None (or less than $201) | 1.16 | ||
| iShares 10-20 Year Treasury Bond ETF (TLH) | $1,001 - $15,000 | None (or less than $201) | 1.17 | ||
| EY 401K | 2 | ||||
| Dodge & Cox Stock Fund Class X | $15,001 - $50,000 | None (or less than $201) | 2.1 | ||
| Vanguard Total International Stock Index Fund ETF Shares (VXUS) | $15,001 - $50,000 | None (or less than $201) | 2.2 | ||
| PIMCO Total Return Fund Institutional Class Shares (PTTRX) | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| Fidelity Growth Company K6 Fund (FGKFX) | $1,001 - $15,000 | None (or less than $201) | 2.4 | ||
| Fidelity Blue Chip Growth K6 Fund (FBCGX) | $1,001 - $15,000 | None (or less than $201) | 2.5 | ||
| New Perspective Fund Class R6 Shares (RNPGX) | $1,001 - $15,000 | None (or less than $201) | 2.6 | ||
| EuroPacific Growth Fund Class R6 Shares (RERGX) | None (or less than $1,001) | None (or less than $201) | 2.7 | ||
| Fidelity Real Estate Index Fund (FSRNX) | None (or less than $1,001) | None (or less than $201) | 2.8 | ||
| Fidelity Growth Company K6 Fund (FGKFX) | $1,001 - $15,000 | None (or less than $201) | 2.9 | ||
| FIDELITY 500 INDEX FUND (FXAIX) | $1,001 - $15,000 | None (or less than $201) | 2.10 | ||
| Vanguard Total Bond Market Index Fund Institutional Shares (VBTIX) | $1,001 - $15,000 | None (or less than $201) | 2.11 | ||
| IRA #2 | 3 | ||||
| Growth Fund of America Class C Shares (GFACX) | $1,001 - $15,000 | None (or less than $201) | 3.1 | ||
| EY | $988K | Salary/Bonus (Base + Bonus) | 4 |
Employment Agreements
Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)
| Organization | Agreement | Endnote | Line No. |
|---|---|---|---|
| EY | I will not participate in this defined contribution plan after my separation. (2022-02-01) | 1 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
Spouse’s Assets
Officials are required to disclose their spouse’s assets, including salary and retirement accounts worth more than $1,000. (Form 278e, Part 5)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Roth IRA | 1 | ||||
| BlackRock US Equity Factor Rotation ETF (DYNF) | $1,001 - $15,000 | None (or less than $201) | 1.1 | ||
| cash | $1,001 - $15,000 | None (or less than $201) | 1.2 | ||
| iShares MSCI EAFE Growth ETF (EFG) | $1,001 - $15,000 | None (or less than $201) | 1.3 | ||
| iShares MSCI EAFE Value ETF (EFV) | $1,001 - $15,000 | None (or less than $201) | 1.4 | ||
| iShares MSCIEmerging Markets ex China ETF (EMXC) | $1,001 - $15,000 | None (or less than $201) | 1.5 | ||
| iShares Currency Hedged MSCI EAFE ETF (HEFA) | $1,001 - $15,000 | None (or less than $201) | 1.6 | ||
| iShares Gold Trust (IAU) | $1,001 - $15,000 | None (or less than $201) | 1.7 | ||
| iShares Core MSCIEmerging Markets ETF (IEMG) | $1,001 - $15,000 | None (or less than $201) | 1.8 | ||
| iShares Core Total USD Bond Market ETF (IUSB) | $1,001 - $15,000 | None (or less than $201) | 1.9 | ||
| iShares S&P 500 Value ETF (IVE) | $1,001 - $15,000 | None (or less than $201) | 1.10 | ||
| iShares Core S&P 500 ETF (IVV) | $1,001 - $15,000 | None (or less than $201) | 1.11 | ||
| iShares S&P 500 Growth ETF (IVW) | $1,001 - $15,000 | None (or less than $201) | 1.12 | ||
| iShares US Technology ETF (IYW) | $1,001 - $15,000 | None (or less than $201) | 1.13 | ||
| ISHARES MBS ETF (MBB) | $1,001 - $15,000 | None (or less than $201) | 1.14 | ||
| iShares Edge MSCI USA Momentum Factor ETF (MTUM) | $1,001 - $15,000 | None (or less than $201) | 1.15 | ||
| IShares S&P 100 ETF (OEF) | $1,001 - $15,000 | None (or less than $201) | 1.16 | ||
| iShares Edge MSCI USA Quality Factor ETF (QUAL) | $1,001 - $15,000 | None (or less than $201) | 1.17 | ||
| iShares 10-20 Year Treasury Bond ETF (TLH) | $1,001 - $15,000 | None (or less than $201) | 1.18 |
Other Assets and Income
Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Residential Real Estate, Washington DC | $500K - $1M | $50,001 - $100K | Rent or Royalties | 1 | |
| VCSP/COLLEGEAMERICA 2 | 2 | ||||
| Growth Fund of America Class 529-A Shares (CGFAX) | None (or less than $1,001) | None (or less than $201) | 2.1 | ||
| VCSP/COLLEGEAMERICA 1 | 3 | ||||
| Growth Fund of America Class 529-A Shares (CGFAX) | None (or less than $1,001) | None (or less than $201) | 3.1 | ||
| VCSP/COLLEGEAMERICA 3 | 4 | ||||
| Growth Fund of America Class 529-A Shares (CGFAX) | None (or less than $1,001) | None (or less than $201) | 4.1 | ||
| VCSP/COLLEGEAMERICA 4 | 5 | ||||
| Growth Fund of America Class 529-A Shares (CGFAX) | None (or less than $1,001) | None (or less than $201) | 5.1 | ||
| VCSP/COLLEGEAMERICA 5 | 6 | ||||
| Growth Fund of America Class 529-A Shares (CGFAX) | None (or less than $1,001) | None (or less than $201) | 6.1 | ||
| VCSP/COLLEGEAMERICA 6 | 7 | ||||
| Growth Fund of America Class 529-A Shares (CGFAX) | None (or less than $1,001) | None (or less than $201) | 7.1 | ||
| U.S. Brokerage account | 8 | ||||
| cash | $100K - $250K | None (or less than $201) | 8.1 | ||
| VCSP/COLLEGEAMERICA 7 | 9 | ||||
| Growth Fund of America Class 529-A Shares (CGFAX) | None (or less than $1,001) | None (or less than $201) | 9.1 |
Liabilities
Officials are required to disclose their liabilities totaling more than $10,000, as well as any linked to their spouse or dependent children. These include mortgages, credit card debt and student loans. The interest rates and loan repayment terms are also required. (Form 278e, Part 8)
| Creditor | Description | Endnote | Line No. |
|---|---|---|---|
| U.S. Bank | type: Mortgage (investment/rent al property), amount: $500,001 - $1,000,000, year-incurred: 2021, rate: 2.75%, term: 30 years | 1 |
About the Data
Most political appointees and senior officials in the executive branch are required by law to file public financial disclosure reports. These are documents that detail their financial holdings, positions they hold outside government, their spouse’s holdings, their liabilities and their recent financial transactions (such as buying or selling stock) during a defined reporting period.
The most senior officials file their disclosures with an agency called the Office of Government Ethics, and others file them with a designated ethics official within their agency. The Ethics in Government Act allows members of the public and the press to request these documents.
We’re publishing this information to give the public an important glimpse into the financial ties of a powerful and often hidden cadre of presidential appointees within the federal bureaucracy.
The main document type included in the database is the OGE Form 278e, which appointees must file when they are nominated (for Senate-confirmed appointees) or when they enter government (all others), and then annually while in the position. Another common document included is the OGE Form 278-T, also known as a periodic transaction report, which all public filers must submit within 30 days of a transaction. We are also making other ethics documents available, such as ethics agreements, certificates of divestiture and other documents we have obtained under the Ethics in Government Act.
