Raylene Yung is stepping down as the General Services Administration (GSA) Technology Modernization Fund (TMF) executive director, with today being her last day on the job.
Jessie Posilkin, who currently serves as the TMF customer experience portfolio director, will take over as acting executive director until a permanent replacement is identified.
“While it is difficult to leave the TMF and all the amazing colleagues and government technology leaders who have partnered with me over the past two years to transform it, I am very pleased to know that I am leaving the role in the hands of someone as capable as Jessie, with an incredible portfolio of investments that are already delivering meaningful results,” Yung said in a statement.
“Her deep knowledge of the TMF, strong partnership with the TMF Board, and dedication to helping agencies make systems and services work better, faster, and more seamlessly across the Federal sector will ensure a smooth transition,” Yung said.
GSA said Yung is taking on a new role in the Federal government but did not share details on her new job.
Since beginning her role in September 2021, Yung has overseen the TMF as it expanded to manage over $1.2 billion in funding, with $770 million invested in 47 projects across 27 Federal agencies.
The TMF – which exists to support Federal agency IT modernization efforts – received a $1 billion cash infusion from Congress in 2021 through the American Rescue Plan.
Yung said the infusion of cash was “transformative,” allowing the TMF to rise to the challenge of today’s government IT needs. The fund has helped to support a wide range of agency customer experience, zero trust, and cybersecurity modernization efforts.
“Raylene has been instrumental in building the Technology Modernization Fund into the in-demand resource it is for Federal agencies looking to modernize their IT systems,” said GSA Administrator Robin Carnahan. “We know that the fund will continue to be a smart way we can make investments that deliver greater security, efficiency, and accessibility to the American people.”
Reps. Nancy Mace, R-S.C., and Gerry Connolly, D-Va., introduced legislation last month that aims to make sure that TMF remains a force for years to come in helping to jumpstart Federal agency IT modernization projects.
The legislation would amend the 2017 Modernizing Government Technology (MGT) Reform Act to reauthorize the TMF for another five years – through 2030 – and make changes for agency repayments to the fund.
