On Wednesday of last week, President-elect Obama named his team to help guide transition efforts in the State, Defense and Treasury departments. Among the team leads named were the three people leading the United States Securities and Exchange Commission Review Team. The three team leads for the SEC review are as follows:
Gary Gensler served as Treasury Under Secretary for Domestic Finance after being Assistant Secretary for Financial Markets from 1997 to 2001. He subsequently acted as Senior Advisor to Senator Paul Sarbanes, on the Sarbanes-Oxley Act. Prior to this, he spent 18 years at Goldman Sachs, as a partner for nine years and later as co-head of finance.
Mozelle W. Thompson is CEO of Thompson Strategic Consulting which provides legal, policy and business advice to companies like Facebook, Inc., SeatSmart.com and others. From December 1997 until August 2004, he served as a Commissioner on the Federal Trade Commission. While at the FTC, Commissioner Thompson developed leadership roles in the areas of international consumer protection, high technology competition and convergence issues, online privacy and intellectual property. He also served as Chairman of the OECD Committee on Consumer Policy, and President of ICPEN (the International Consumer Protection Enforcement Network). Before the FTC, Thompson served as Principal Deputy Assistant Secretary for Government Financial Policy at Treasury. He has also taught at Fordham, Stanford and Princeton Universities.
William “Thomas” Dohrmann is presently partner at McKinsey & Company. He started in 1996 in McKinsey’s South Africa office and moved to Washington, DC in 2000. He is co-founder of McKinsey’s global Public Sector practice. He has written extensively on government performance including co-authoring a joint McKinsey-Brookings Institution white paper entitled, “How Can American Government Meet its Productivity Challenge.” Before starting with McKinsey, Tom worked at CARE International in Togo and also spent time at USAID and the Thailand Development Research Institute. He is active in the Washington, DC community and serves on the boards of the Council for Excellence in Government and the National Foundation for Teaching Entrepreneurship.
According to the AP, transition team leaders will be responsible for reviewing budgets, personnel and policy in their departments so the new administration can begin working as Obama is sworn in on Jan. 20.