The PFM Foundation Board of Trustees is composed of members of the business community who serve for an initial term and may be re-elected for subsequent terms. Below are the biographies of the current PFM Foundation Board of Trustees.

Board of Trustees

Jeff Armbrister

Jeff Armbrister

Jeff is a Managing Director and the Global Head of Direct Equity Investments at Hamilton Lane where he is responsible for direction and oversight of the firm’s Direct Equity / Co-Investment platform. Jeff has over 20 years of private equity and public market investing experience and has served on the board of directors of several portfolio companies and non-profit organizations.

Prior to joining Hamilton Lane in 2018, Jeff was a Managing Director at Versa Capital Management, where he focused on making control-oriented, special situations, debt and equity investments in middle market companies across a variety of industries. While at Versa, Jeff participated in all major investment functions and his responsibilities included origination, underwriting, transaction execution and portfolio company development. Prior to joining Versa in 2003, Jeff was an Equity Research analyst at Oppenheimer + Close. He has also held private equity, venture capital, corporate development and investment banking positions at Berwind Financial Group, Redleaf Group, ICG Commerce and Wheat First Butcher Singer, respectively.

Patricia Q. Connolly

Patricia Q. Connolly

Patricia Q. Connolly is an executive with notable success guiding discussions on leading and governing in the 21st century. While supporting and contributing to multiple Boards of Directors, she has brought energy and transparency to the task of corporate governance. Ms. Connolly’s background is a rare blend of corporate and nonprofit leadership. Through her varied experience, she has gained a unique perspective on the critical role that a Board of Directors has in steering an organization to success. Regarded as an influential thought leader, she guides companies through pivotal decisions and periods of significant change.

She advanced through a series of positions at financial services firm PNC Financial Corp during her early career culminating with her role as Group Vice President for its retail and private banking group. Here, she gained a firm grasp of the various principles that underpin the Corporate world. Ms. Connolly then applied her business acumen to the nonprofit sector, holding executive roles at prominent institutions such as the Philadelphia Museum of Art. She infused nonprofit operations with new efficiency and cost-effectiveness that streamlined processes and positioned long-term success. During this period, her contributions included driving a 60% increase in annual donations to the country’s oldest natural history museum.

Ms. Connolly served as Executive Director of Drexel University’s Raj & Kamla Gupta Governance Institute (formerly the Center for Corporate Governance) from 2008 to 2020. Although situated in the academic arena, she has been heavily involved with the for-profit sector while consulting various Directors. She established two new flagship programs that have strengthened the discourse and education on new corporate governance areas. Ms. Connolly secured a $5 million naming endowment to ensure a sustainable, long-term future for the Institute. Ms. Connolly served as Chairman of the Nominating & Governance Committee for a 1500-employee, 370-physician medical center.

Ms. Connolly holds an MA in History & History of Art from the University of Pennsylvania and a BA in History from Bryn Mawr College. She also received an AS in Finance from The Wharton School.

Jamie Doyle

Jamie Doyle

Jamie Doyle is a Managing Director with PFM Financial Advisors LLC. She has worked with her Pennsylvania local government clients since 1997. She is an active member of St. John Evangelical Lutheran Church, Berrysburg, where she serves as Treasurer. She also serves as President of her local chapter of the American Business Woman’s Association. In her free time, she loves traveling, boating and spending time with her niece.

Pamela Sarne McCormick

Pamela Sarne McCormick

Pamela Sarne McCormick is Director of Legislative and Community Affairs at the Southeastern Pennsylvania Transportation Authority (SEPTA), where she works with a dedicated team of professionals to strengthen the region’s mobility and quality of life.

Throughout her career at SEPTA and at the Greater Philadelphia Chamber of Commerce, McCormick has worked with business, political, labor and community leaders to advance many of the region's most vital policy issues, economic development projects and special events. She joined stakeholders across Pennsylvania to promote passage of Act 89, a $2.4 billion statewide transportation funding plan and collaborated with national advocates to secure passage of the FAST Act, a long-term federal infrastructure investment program. McCormick also managed efforts to support the Hub of Hope, a homeless engagement center at SEPTA Suburban Station, led SEPTA’s annual United Way campaign, and coordinated initiatives including the Southeast Partnership for Mobility and the statewide Bus Roadeo.

Her advocacy efforts are now concentrated on SEPTA’s response and the region’s recovery from the COVID-19 crisis. With a keen focus on equity and resilience, McCormick works to promote legislative support and stakeholder engagement to advance SEPTA’s policy priorities that include adequate, sustainable investment and ongoing efforts to strengthen the economy, support equity, advance sustainability and promote public health and safety.

McCormick serves on the Boards of the United Way of Greater Philadelphia and Southern New Jersey, PFM Foundation, Main Line Chamber of Commerce, Greater Valley Forge Transportation Management Association, Pennsylvania Public Transportation Association and Summer Search Philadelphia. She is a graduate of The Pennsylvania State University and lives in Wayne, Pennsylvania.

Rebecca Perry-Glickstein

Rebecca Perry-Glickstein

Rebecca Perry-Glickstein is a Director in PFM Financial Advisors LLC’s Philadelphia office having joined the firm in 2009. Rebecca has 35 years’ experience in the municipal finance industry as an independent financial advisor and investment banker.

During her tenure in the public finance sector, she has worked with issuers throughout the U.S. on virtually all types of financings. She has worked extensively on revenue bond transactions, including airport and water/wastewater, as well as general obligation and appropriation-backed lease transactions. She has significant expertise in capital planning, documentation development, and debt issuance execution.

Prior to joining PFM, Rebecca was a senior managing director at another independent financial advisory firm for 11 years, having spent more than a decade prior to that as a public finance banker at a national investment banking firm.

Rebecca is a registered Municipal Advisor Representative (Series 50).