Obama Names Ford CEO Mulally, Disney CEO Iger to Group on Boosting Exports
Ford Motor Co. CEO Alan Mulally
Bradley C. Bower/Bloomberg
Ford Motor Co. CEO Alan Mulally speaks to the media following the company's annual shareholders meeting in Wilmington.
Ford Motor Co. CEO Alan Mulally speaks to the media following the company's annual shareholders meeting in Wilmington. Photographer: Bradley C. Bower/Bloomberg
June 11 (Bloomberg) -- Alan Mulally, chief executive officer of Ford Motor Co., talks with Bloomberg's Tom Keene about the company's focus on improving its balance sheet and paying down debt. Ford was the only major U.S. automaker to avoid bankruptcy. (Source: Bloomberg)
Ford Motor Co. Chief Executive Officer Alan Mulally and Walt Disney Co. CEO Robert Iger are among 18 executives President Barack Obama will name today to an advisory group on increasing U.S. exports.
“Boosting America’s exports strengthens our economic growth and supports millions of good, high-paying American jobs,” Obama said in a statement.
Obama created the Export Council earlier this year and laid out a goal of doubling U.S. exports during the next five years. Agriculture Secretary Tom Vilsack said yesterday that agricultural exports increased 19 percent during this year’s first quarter.
The president is scheduled to speak today about progress on increasing U.S. exports, highlighting 18 trade missions coordinated by the Department of Commerce, loans from the U.S. Export-Import Bank that have helped support almost 110,000 jobs, and new agreements on exports of U.S. agricultural products.
The White House said Obama will name members to the export council to join Boeing Co. Chairman and CEO James McNerney and Xerox Corp. Chairman and CEO Ursula Burns, who were picked in March to lead the group.
Appointees to the council, the White House said, will include: United Parcel Service Inc. Chairman and CEO Scott Davis; MetLife Inc. Chairman and CEO Robert Henrikson; Pfizer Inc. Chairman and CEO Jeffrey Kindler; Verizon Communications Inc. Chairman and CEO Ivan Seidenberg; Archer Daniels Midland Co. Chairman and CEO Patricia Woertz; and UAL Corp. Chairman and CEO Glenn Tilton.
Council members will also include: Vermeer Corp. CEO Mary Andringa; Dow Chemical Co. Chairman and CEO Andrew Liveris; Dow Corning Corp. Chairman and CEO Stephanie Burns; Warburg Pincus LLC Co-President Charles Kaye; Ernst & Young LLP Chairman and CEO James Turley; and Carpenter & Co. CEO Richard Friedman.
Other appointees will be: G&C Equipment Corp. President Glen Hale; United Association General President William Hite; former Greater Construction Corp. Chairman and CEO Robert Mandell; and Magno International LP President Raul Pedraza.
To contact the reporter on this story: Nicholas Johnston in Washington at njohnston3@bloomberg.net
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