Tuesday, May 31, 2011

Obama to Name John Bryson to Head Commerce

Obama is expected to make the announcement at 1:15 pm ET, according to CBS's Mark Knoller. Bryson will replace Gary Locke, who's replacing Jon Huntsman as the ambassador to China. Bryson's bio:
John E. Bryson, 67, serves as Senior Advisor to Kohlberg Kravis Roberts & Co. (KKR) and is Retired Chairman of the Board and Chief Executive Officer, Edison International. Mr. Bryson was Chairman and Chief Executive Officer of Edison International (an electric power generator and distributor), the parent company of Southern California Edison and Edison Mission Group from 1990 to 2008. He has been a director of The Boeing Company since 1995, is a non-executive chairman of the board of BrightSource Energy, Inc. and of the board of overseers of Keck School of Medicine of the University of Southern California, and is a trustee of the California Institute of Technology, a director of the W.M. Keck Foundation and the California Endowment, and was a director of Western Asset Income Fund from 1986 to 2006. Mr. Bryson has been a Director of the Company since 2000.