WASHINGTON, DC--(Marketwired - Jun 6, 2013) - The US-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 board directors.
"I am pleased to lead the US-China Business Council at this important time for US-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 creation."
"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 US-China commercial relationship."
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 Company
Vice Chair, Thomas J. Lynch, chief executive officer, TE Connectivity
Secretary-Treasurer, The Honorable Barbara Hackman Franklin, former Secretary of Commerce and 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, Inc.
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.
A complete list of USCBC's directors can be found below.
"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 China.
Officers
Chair
Ellen Kullman*
Chair of the board and Chief Executive Officer
DuPont
Vice Chairs
Robert Iger*
Chairman and Chief Executive Officer
The Walt Disney Company
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
President
John Frisbie
President
US-China Business Council
*Director
Directors
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
Marc N. Casper
President and Chief Executive Officer
Thermo Fisher Scientific
Paul D. Conway
Vice Chairman
Cargill, Incorporated
Stephen B. Dobbs
Senior Group President
Fluor Corporation
Michael J. Dolan
Senior Vice President
Exxon Mobil Corporation
Michael L. Ducker
Chief Operating Officer & President, International
FedEx Express
William N. Dudley
President and Chief Operating Officer
Bechtel Group, Inc.
Mary Callahan Erdoes
Chief Executive Officer
J.P. Morgan Asset Management
David N. Farr
Chairman and Chief Executive Officer
Emerson
Stephen J. Felice
President and Chief Commercial Officer
Dell Inc.
Mark Fields
Chief Operating Officer
Ford Motor Company
Evan G. Greenberg
Chairman & Chief Executive Officer
ACE Limited
Maurice R. Greenberg
Chairman & Chief Executive Officer
C.V. Starr & Co., Inc.
James W. Griffith
President and Chief Executive Officer
The Timken Company
Muhtar Kent
Chairman and Chief Executive Officer
The Coca-Cola Company
Klaus Kleinfeld
Chairman and Chief Executive Officer
Alcoa
Roberta Lipson
Chief Executive Officer and President
Chindex International, Inc.
Harold McGraw, III
Chairman, President and Chief Executive Officer
The McGraw-Hill Companies
Doug McMillon
President and Chief Executive Officer
Walmart International
Indra K. Nooyi
Chairman and Chief Executive Officer
PepsiCo
Edward J. Rapp
Group President and Executive Officer Member
Caterpillar Inc.
Ian C. Read
Chairman of the Board and Chief Executive Officer
Pfizer
John G. Rice
Vice Chairman
GE
Mark C. Rohr
Chairman and Chief Executive Officer
Celanese
David Rubenstein
Co-founder and Co-Chief Executive Officer
The Carlyle Group
Patricia A. Woertz
Chairman, Chief Executive Officer and President
Archer Daniels Midland Company
Jesse J. Wu
Worldwide Chairman, Consumer Group
Johnson & Johnson
Frits van Paasschen
Chief Executive Officer and President
Starwood Hotels & Resorts Worldwide, Inc.