Obama appoints Immelt to Economic Recovery Advisory Board
President Barack Obama today signed an executive order establishing the new Economic Recovery Advisory Board, which will include General Electric Corp. chief executive officer Jeffrey Immelt, who previously served as the president of GE Healthcare in Waukesha.
Modeled on the Foreign Intelligence Advisory Board created by President Dwight Eisenhower, the Board will provide an independent voice on economic issues and will be charged with offering independent advice to the president as he formulates and implements his plans for economic recovery.
The Economic Recovery Advisory Board will provide regular briefings to the president, vice president and their economic team. The board will be established initially for a two-year term, after which the president will make a determination on whether to extend the work of the board.
Obama said the members of the board are private citizens outside the government who are qualified on the basis of achievement, experience, independence and integrity.
Paul Volcker will serve as chairman, and Austan Goolsbee will serve as staff director and chief economist.
Grebe is new chairman of GMC
Michael Grebe, president of the Lynde and Harry Bradley Foundation, was installed as the new chairman of the Greater Milwaukee Committee (GMC) on Monday.
The GMC’s annual meeting took place at the University Club, where Grebe was installed to succeed outgoing GMC chairman Ed Zore, chief executive officer of Northwestern Mutual Life Insurance Co.
Grebe, who is a retired chief executive officer and partner of Foley & Lardner LLP, will serve a two-year term on the GMC board.
Key topics of discussion at Monday’s meeting will include regional transit and water. Badger Meter Inc. chief executive officer Rich Meeusen will provide an update on the progress of the Milwaukee 7 Water Council.
Chancellor Carlos Santiago of the University of Wisconsin-Milwaukee will present the latest information on the developing UWM School of Freshwater Sciences.
Zimpher to take high-profile post in New York
Nancy Zimpher, former chancellor at the University of Wisconsin-Milwaukee, will soon become the chancellor of the State University of New York (SUNY), the largest university system in the nation.
Zimpher, 62, will leave her post as chancellor of the University of Cincinnati to assume her new post in Albany, N.Y. She will oversee 64 university campuses.
