U.S.-China Business Council Elects DuPont Chair and CEO Ellen Kullman as Chair
Leading U.S.-China Business Advocacy Organization Adds New Officers and Board
Members from Walt Disney, Aetna, Peabody Energy, Alcoa, Chindex, Pfizer,
Carlyle Group, and Starwood Hotels
WASHINGTON, DC, June 6, 2013 (GLOBE NEWSWIRE) -- via PRWEB - The U.S.-China
Business Council (USCBC) today announced the election of DuPont Chair & CEO
Ellen Kullman as USCBC chair as well as the election of other officers and
"I am pleased to lead the U.S.-China Business Council at this important time
for U.S.-China commercial relations. USCBC is the leading business
organization representing American commercial interests with China," Kullman
said. "USCBC is celebrating its 40th anniversary this year and has seen many
business advances over four decades. Challenges still remain in the commercial
relationship, but there are tremendous opportunities to partner between the
two countries to ensure sustainable development, economic growth and job
"When you add up exports to China and sales by companies with operations in
China, USCBC estimates that China is at least a $250 billion market for
American companies," Kullman continued. "I look forward to serving as USCBC
chair during this milestone year and advocating for effective and sensible
approaches to further promote and strengthen the U.S.-China commercial
Kullman leads a global market-driven science company with annual revenues of
nearly $35 billion. DuPont operates in more than 90 countries and has brought
world-class integrated science and engineering to the global marketplace
through innovative products, materials and services. With over 40 wholly owned
or joint venture entities and 7,000 employees in mainland China, DuPont offers
technology, products and services to industries including agriculture, food
and nutrition, electronics and transportation.
USCBC President John Frisbie announced the following elected officers:
Chair, Ellen Kullman, chair of the board and chief executive officer, DuPont
Vice Chair, Robert Iger, chairman and chief executive officer, The Walt Disney
Vice Chair, Thomas J. Lynch, chief executive officer, TE Connectivity
Secretary-Treasurer, The Honorable Barbara Hackman Franklin, president and
chief executive officer, Barbara Franklin Enterprises
Counsel, Andrew W. Shoyer, partner, Sidley Austin LLP
USCBC also today welcomed 11 new board members:
Mark T. Bertolini, chairman, chief executive officer and president, Aetna
Stephen Bird, chief executive officer, Asia Pacific, Citi
Gregory H. Boyce, chairman and chief executive officer, Peabody Energy
Mary Callahan Erdoes, chief executive officer, J.P. Morgan Asset Management
Mark Fields, chief operating officer, Ford Motor Company
Klaus Kleinfeld, chairman and chief executive officer, Alcoa
Roberta Lipson, chief executive officer and president, Chindex International,
Edward J. Rapp, group president and executive officer member, Caterpillar Inc.
Ian C. Read, chairman of the board and chief executive officer, Pfizer
David Rubenstein, co-founder and co-chief executive officer, The Carlyle Group
Frits van Paasschen, chief executive officer and president, Starwood Hotels &
Resorts Worldwide, Inc.
An updated list of USCBC's directors can be found at
"I am delighted with the election of Ellen Kullman to chair and the other
officers and new board members. USCBC continues to have one of the most
dynamic boards consisting of America's best business leaders," Frisbie said.
"China is a market that matters greatly to America. Clearly there are an array
of issues that need to be addressed for more growth to occur, including
investment barriers, intellectual property protection, cybersecurity, and a
level playing field for all enterprises. Under the leadership of the board,
USCBC will continue its high-level advocacy to address these issues and keep
the commercial relationship moving forward constructively."
Kullman succeeds Bob McDonald, former chairman, president, and CEO of The
Procter & Gamble Company, as USCBC chair.
"I want to thank Bob McDonald for his leadership and dedication to USCBC's
mission during his tenure as chair," Frisbie said.
The U.S.-China Business Council (USCBC) is a private, nonpartisan, nonprofit
organization of roughly 225 American companies that do business with China.
Celebrating 40 years of operations in 2013, USCBC has provided unmatched
information, advisory, advocacy, and program services to its membership.
Through its offices in Washington, DC; Beijing; and Shanghai, USCBC is
uniquely positioned to serve its members' interests in the United States and
DuPont (NYSE: DD) has been bringing world-class science and engineering to the
global marketplace in the form of innovative products, materials, and services
since 1802. The company believes that by collaborating with customers,
governments, NGOs, and thought leaders we can help find solutions to such
global challenges as providing enough healthy food for people everywhere,
decreasing dependence on fossil fuels, and protecting life and the
environment. For additional information about DuPont and its commitment to
inclusive innovation, please visit http://www.dupont.com.
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