Wilderotter Joins in May
WASHINGTON, Jan. 14, 2014 /PRNewswire-USNewswire/ -- The Committee for Economic Development (CED) is pleased to announce that Maggie Wilderotter, Chairman and CEO of Frontier Communications Corporation (NASDAQ: FTR), will become the new Co-Chair of CED effective May 1, 2014. Mrs. Wilderotter will succeed Roger Ferguson, President & CEO of TIAA-CREF, who is completing his three-year term as CED's Co-Chair in May. She will join Carl Camden, President & CEO of Kelly Services, in the joint role of Chair for CED.
"Maggie is a true powerhouse in the business community," said Steve Odland, CEO for CED. "The strength of CED comes from our terrific business Trustees with their varied backgrounds and focus on advocating for policy in the nation's interest. Maggie's leadership in the communications services industry and also on important policy areas will undoubtedly bring another layer of dimension and depth to our work and impact."
"CED's ability to bring together business and academic leaders to find policy solutions without the constraints of partisanship is one I respect and admire," said Mrs. Wilderotter. "Our economy faces significant challenges that extend beyond the budget, but I remain confident that we can do better and be better. Americans want and deserve an economy and a government they can trust and rely upon. I believe CED can play a strong role in making that a reality, and I look forward to helping shepherd CED's work."
"We extend sincere thanks to Roger Ferguson for his years of leadership at CED," said Carl Camden, President & CEO of Kelly Services. "Roger's vast experience in both government and the financial services sector provided for wise and varied counsel for the organization. We look forward to his continued impact as a Trustee."
Mrs. Wilderotter has been at the helm of Frontier Communications since 2004, and previously held leadership roles with Microsoft, AT&T Wireless Services, and McCaw Cellular Communications Inc.
She is the Chair of the President's National Security Telecommunications Advisory Committee, where she also served as Vice Chair from 2010 to 2012. Since 2009, she has been named by FORTUNE Magazine as one of the 50 Most Powerful Women in Business. Among many other accolades, Mrs. Wilderotter has been inducted into the Connecticut Women's Hall of Fame, and named by The Financial Times as one of "The Top 50 Women in World Business". She serves on the boards of Xerox Corporation and Procter & Gamble Company as well as numerous non-profit organizations.
About The Committee for Economic Development (CED)
The Committee for Economic Development is a nonprofit, nonpartisan, business-led public policy organization that delivers well-researched analysis and reasoned solutions to our nation's most critical issues. CED's work centers on the pursuit of seven core principles: sustainable capitalism, long-term economic growth, efficient fiscal & regulatory policy, competitive & open markets, globally competitive workforce, equal economic opportunity, and non-partisanship in the nation's interest. CED's research falls under four issue areas: fiscal health, education, global competitiveness, and democratic institutions. Learn more about CED online at www.ced.org, find us on Facebook, and follow us on Twitter.
SOURCE Committee for Economic Development