| FOR IMMEDIATE RELEASE |
Contact: Office of Public Affairs |
| August 12, 2019 |
202-482-3809 |
 SECRETARY ROSS ANNOUNCES MEMBERS OF INVESTMENT ADVISORY COUNCIL
Council Advises the Secretary on Issues Affecting Business Investment and Economic Development
Washington - Secretary Ross today announced the names of 25 international business and economic leaders who will advise the Secretary of Commerce on how government policies and programs affect the United States’ ability to attract and facilitate business investment.
“President Trump’s pro-growth policies have helped the United States retain and expand its leadership in the global business environment,” Secretary Ross said. “The Investment Advisory Council will help us further develop, adapt, and expand policies to help U.S. and international firms recognize there is no better place to do business, grow, succeed, and create jobs.”
The Investment Advisory Council (IAC) was first chartered in 2016, and has made recommendations on issues including infrastructure investment priorities, improving U.S. workforce development initiatives, and creating/improving digital tools to support economic development. Many of these recommendations are being acted on by various arms of the Department of Commerce.
Three members of the IAC are reappointments from the initial class of members announced in 2016. The full membership list includes representatives of state and regional economic development teams, global businesses, and research institutions. The full member list is below:
- Mark Beariault, General Counsel, Kudelski Group
- Chris Camacho, President and CEO, Greater Phoenix Economic Council
- Richard Chin, Group EVP and Head of Global Development, SK Group
- Lisa Davis, Chairwoman and CEO, Siemens Corp USA
- Frank DiBello, President and CEO, Space Florida
- Thomas Dustman, International Sales Director, Sunnen Products Co.
- Jeff Finkle, President and CEO, International Economic Development Council
- Michael Graff, Chairman and CEO, American Air Liquide Holdings, Inc.
- Dan Hart, President and CEO, Virgin Orbit
- Kusum Kavia, President, Combustion Associates, Inc.
- Robert (Bob) LeFort, President, Infineon Technologies America Corp.
- Barry Matherly, President and CEO, Detroit Regional Partnership
- Nancy McLernon, President and CEO, Organization for International Investment
- Harry Moser, Founder and President, Reshoring Initiative
- Patrick Mulloy, Trade Lawyer, Office of Pat Mulloy
- Brendan O’Grady, Executive VP and Head of NA Commercial, Teva Pharma.
- Tom Osborne, Executive Director – Infrastructure, IFM
- Don Pierson, Secretary of Commerce, Louisiana Economic Development
- Steven Presley, Chairman and CEO, Nestle USA
- Signe Pringle, Assistant Secretary, Maryland Department of Commerce
- James Schellinger, Secretary of Commerce, Indiana Economic Development Corp.
- Jennifer Springer, Director, Int’ Trade & Foreign Investment, OK Dept. of Commerce
- David Steel, Executive VP, Corporate Affairs, Samsung Electronics America
- Jane Thomas, President, Teijin Group in America
- Jennifer Verdon, Int’l Business Manager, ID Department of Commerce
The United States is home to more foreign direct investment (FDI) than any other country in the world, with a total stock of FDI valued at more than $4 trillion, according to the latest data. FDI supports nearly 14 million American jobs, and was responsible for $370 billion in U.S. goods exports in 2016.
About SelectUSA
Housed within the U.S. Department of Commerce’s International Trade Administration, SelectUSA promotes and facilitates business investment in the United States by coordinating related federal government agencies to serve as a single point of contact for investors. SelectUSA assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy. SelectUSA also helps investors find the information they need to make decisions, connect to the right people at the local level, navigate the federal regulatory system, and find solutions to issues related to the federal government. For more information, visit www.selectusa.gov.
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