FOR IMMEDIATE RELEASE
Sept. 9, 2016
GOVERNOR HOGAN APPOINTS NEW MEMBER TO
MARYLAND TRANSPORTATION AUTHORITY
BALTIMORE, MD – Governor Larry Hogan has appointed financial planner Katherine Bays Armstrong of Howard County to serve as the newest Board Member of the Maryland Transportation Authority (MDTA). Ms. Armstrong was appointed on Sept. 1, 2016.
“I am confident Ms. Armstrong’s financial, business and community background will be an asset to an already-strong and diverse MDTA governing body,” said MDTA Chairman and Transportation Secretary Pete K. Rahn.
A Certified Financial Planner of Heritage Financial Consultants, LLC, Ms. Armstrong previously served as Vice President of Investment and Wealth Management for Mercantile-Safe Deposit & Trust Co. (now PNC). She also served as a faculty member for The Johns Hopkins University, Georgetown University, Towson University and Notre Dame University of Maryland from 1978 – 2013 and has published numerous articles related to financial planning.
Ms. Armstrong received her master’s degree in Economics from Loyola University and previously served on the boards of numerous non-profits, including Network 2000, Junior League of Baltimore, Howard Community College Educational Foundation and Maryland Women in Philanthropy. She twice received the Junior League President’s Award for outstanding contributions to the Baltimore community and was named one of Maryland’s Top 100 Women by The Daily Record in 1997, 2005 and 2007.
“I am honored to receive this appointment and look forward to working with this well-respected organization and talented team,” said Ms. Armstrong.
The Maryland Transportation Authority (MDTA) finances, owns and operates the state’s eight toll facilities. The MDTA’s Board Members, appointed by the Governor with consent of the state Senate, serve as the agency’s policy-setting and governing body. Maryland's Secretary of Transportation serves as MDTA Chairman.