October 22, 2007 …. The Conference Board announced today that, effective immediately, Gail D. Fosler has been named President of the 91-year-old global research and business membership organization.
Fosler, who has served The Conference Board in a number of capacities over the past 18 years, most recently as Executive Vice President and Chief Economist, will remain in charge of the organization’s global operations in key European and Pan-Asian markets, including China. Until her successor is named, she will continue as Chief Economist, directing the highly-respected Economics Research Program of The Conference Board.
The appointment was announced by Jonathan Spector, President and CEO of The Conference Board. Under the new structure, Fosler will report to Spector in his role as Chief Executive Officer.
Fosler will extend her responsibilities to the full scope of The Conference Board’s knowledge creation and will also lead the expansion and integration of the organization’s global presence – including developing membership and content for U.S. members. The Conference Board currently has offices in New York, Brussels and Hong Kong.
Said Spector: “Since joining us 18 years ago, and in the short time I have been here, Gail has been an invaluable thought partner in setting the future direction of The Conference Board. Her focus on engaging the most senior executives around the world on substantive issues makes her extremely well qualified to help lead us forward as we try to take The Conference Board to the next level of performance.”
The Conference Board is in the process of increasing its investments in its research programs, and more seamlessly tying these programs together in a single global network. Today’s organizational changes will help further these critical objectives.
ABOUT GAIL FOSLER
Fosler came to The Conference Board after serving as Chief Economist and Deputy Staff Director of the U.S. Senate Budget Committee. Widely-quoted by major media worldwide, her monthly newsletter is closely followed by global business leaders. The Wall Street Journal has twice named Fosler America’s most accurate economic forecaster. The Journal also recently named her as one of two prominent economists who had the best record in predicting the inflation rate over the last three years. She was also awarded the prestigious Annual Blue Chip Economic Forecasting Award for accurately forecasting major economic trends over the last four years.
Under her direction, The Conference Board assumed the development and dissemination of the Leading Economic Indicators from the U.S. Department of Commerce, developed a broad-based program in productivity, labor force dynamics and innovation, and significantly broadened the global scope of its indicators. This past year, Fosler also founded The Conference Board China Center in Beijing.
Fosler is a director of Baxter International and Caterpillar Incorporated. She has served as a director of the Unisys Corporation, H.B. Fuller Company, and DBS Holdings (a Singapore company) and as a former trustee for John Hancock Mutual Funds. Fosler chairs the Board of Directors of the Deschner Corporation, a family-owned, hydraulic feed-control business in Santa Ana, California. She received her M.B.A. from New York University and her B.A. from the University of Southern California.
About The Conference Board
Non-partisan and not-for-profit, The Conference Board is the world’s leading business membership and research organization. The Conference Board produces The Consumer Confidence Index and the Leading Economic Indicators for the U.S. and other major nations. These barometers can have a major impact on the financial markets. The Conference Board also produces a wide range of authoritative reports on corporate governance and ethics, human resources and diversity, executive compensation, outsourcing, profiting from a mature workforce, and corporate citizenship. Our conference and council programs bring together more than 12,000 senior executives each year to share insights and learn from each other. Visit The Conference Board website at www.conference-board.org.
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