White House Text: Jeffrey Zients to be Acting OMB Director

View Comments

WASHINGTON (MNI) – The White House issued the following Tuesday

President Obama Announces Acting Director of the Office of
Management and Budget Jeffrey Zients

Today the White House announced that current Deputy Director for
Management and Chief Performance Officer Jeffrey Zients will serve as
the Acting Director of the Office of Management and Budget.

“I’m pleased to designate Jeff Zients to lead the Office of
Management and Budget. Since day one, Jeff has demonstrated superb
judgment and has provided sound advice on a whole host of issues,” said
President Obama. “With decades of experience, Jeff has been a
tremendous asset to our team and I’m confident in his ability to help us
rebuild an economy where hard work and responsibility pay off and the
middle class has a chance to get ahead.”

Jeff Zients was confirmed by the Senate on June 19, 2009 as the
Deputy Director for Management of the Office of Management and Budget
and the nation’s first Federal Chief Performance Officer, and served as
OMB’s Acting Director from July-November 2010. Mr. Zients has twenty
years of business experience as a CEO, management consultant and
entrepreneur with a deep understanding of business strategy, operations
and process improvement, and financial management. His expertise extends
across a broad range of industries and geographies.

Mr. Zients served as CEO and Chairman of The Advisory Board Company
and Chairman of the Corporate Executive Board, firms that are leading
providers of performance benchmarking and management best practices for
senior executives at over 5,000 businesses.

Mr. Zients also co-founded The Urban Alliance Foundation, a
non-profit organization that partners with corporations to provide
economically disadvantaged youth with year-round paid internships, adult
mentors and job training. Zients graduated summa cum laude from Duke
University with a degree in Political Science. He and his wife Mary live
in Washington, D.C. and have four children.

** Market News International Washington Bureau: 202-371-2121 **

[TOPICS: M$U$$$,MFU$$$,MCU$$$]


All|Economic Data

Market News International


© Copyright 2015 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.