About the Fund
On October 27, 2005, five distinguished private-sector executives, supported by President Bush, agreed to lead a nationwide effort to raise awareness and resources to help survivors of the South Asia earthquake rebuild their lives and communities.
As a result, an Advisory Committee has been formed to establish the South Asia Earthquake Relief Fund to direct resources to relief organizations providing funds, supplies, and expertise where they are needed most. The Advisory Committee consists of five corporate leaders:
- Jeffrey R. Immelt, Chairman and CEO, GE
- James P. Kelly, former Chairman and CEO, UPS
- Henry A. McKinnell, Jr., Ph.D., former Chairman and CEO, Pfizer
- Anne M. Mulcahy, Chairman and CEO, Xerox
- Sanford I. Weill, Chairman Emeritus, Citigroup
In addition, one representative from the U.S. government and one from the Pakistani-American community will serve on the Relief Funds Advisory Committee:
- Administrator, U.S. Agency for International Development, U.S. Director of Foreign Assistance
- Moeen Qureshi, Chairman, Emerging Markets Partnership, former Prime Minister of Pakistan
The fund is administered by the Committee Encouraging Corporate Philanthropy, a 501(c)(3) public charity that serves as an international forum of business CEOs and Chairpersons pursuing a mission focused exclusively on corporate philanthropy.
Jeffrey R. Immelt
Chairman of the Board and
Chief Executive Officer
GE
Jeffrey R. Immelt, 49, is Chairman of the Board and Chief Executive Officer of GE. Mr. Immelt, the 9th Chairman in GE's 126-year history, was appointed to this post on September 7, 2001. Previously, Mr. Immelt served as President and Chairman-elect of GE from November 2000, when GE's Board of Directors selected him to succeed John F. Welch. From 1997 to 2000, Mr. Immelt had been President and CEO of GE Medical Systems, which is today a $12 billion leader in the healthcare industry.
He began his GE career in 1982. Over the last 22 years, Mr. Immelt has held a series of global leadership roles in GE's Plastics, Appliance, and Medical businesses. He became an Officer of GE in 1989, and joined the GE Capital Board in 1997.
He serves on the board of two non-profit organizations: Catalyst, devoted to advancing women in business; and Robin Hood, focused on addressing poverty in New York City. Mr. Immelt was named the Financial Times "Man of the Year" for 2003.
Mr. Immelt holds a B.A. degree in applied mathematics from Dartmouth College (1978) and an M.B.A. from Harvard University (1982). He and his wife, Andrea, have one daughter.
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James P. Kelly
Former Chairman and
Chief Executive Officer
UPS
Jim Kelly is the retired chairman and chief executive officer for UPS, a position he held from January 1997 until December 2001. He continues to serve on the Board of Directors.
A native of Jersey City, N.J., Kelly earned a bachelor's degree in business from Rutgers University. Following service in the U.S. Navy, his career with UPS began in 1964 as a package delivery driver in his home state. He was promoted into management as a package distribution center manager in 1965. His advancement continued in various staff and operations positions of increasing responsibility.
In 1988, Kelly was elected senior vice president and appointed the company's labor relations manager, becoming a key player in strategic decision making. Since 1991 he has served on the UPS Board of Directors. In 1992, he became chief operating officer and two years later executive vice president. He led several efforts to bring service quality to higher levels and has introduced service process innovations and integrated technologies throughout the company. Kelly led UPS in expanding its global imprint, taking the company public and further positioning it as a total supply chain solutions provider.
Kelly also serves on the Board of Directors of BellSouth, Hewitt Associates, and Dana Corporation. He is a member of the Board of Trustees for The Annie E. Casey Foundation, the nation's largest charitable organization dedicated to disadvantaged youth.
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Henry A. McKinnell, Jr., Ph.D.
Former Chairman of the Board
and Chief Executive Officer
Pfizer
Hank McKinnell is chairman of the board and chief executive officer of Pfizer Inc, the world's largest research-based pharmaceutical company.
He joined Pfizer in 1971 in Tokyo. Over the years, he held positions of increasing responsibility for Pfizer subsidiaries around the world, including service as president of Pfizer Asia, based in Hong Kong. He has also served as Pfizer's president and chief operating officer, executive vice president, chief financial officer, and president of Pfizer's Global Pharmaceuticals group.
Hank McKinnell is a member of the Board of Directors of Pfizer Inc, Moody's Corporation, and ExxonMobil Corporation. Hank was appointed by President Bush a member of the Presidential Advisory Council on HIV/AIDS (PACHA). Hank is Chairman of the Business Roundtable and a member of the Massachusetts Institute of Technology (MIT) Corporation. He is also a director of the Business Council, the Royal Shakespeare Company America, the Japan Society, and a member of the Stanford University Graduate School of Business Advisory Council. He is a member of the Boards of Trustees of the New York City Public Library, the New York City Police Foundation, Channel Thirteen/WNET, and the J.F. Kennedy Center for the Performing Arts.
Hank holds a Bachelor's Degree in business from the University of British Columbia, and M.B.A. and Ph.D. degrees from the Stanford University Graduate School of Business.
Recent honors include the United Nations Association of the United States of America's Global Leadership Award, the Woodrow Wilson Institute for International Scholars Corporate Service Award, Columbia University's Teachers College Cleveland E. Dodge Medal for Distinguished Service to Education, Stanford University's Graduate School of Business/Excellence in Leadership Award, and an honorary doctorate in engineering from Polytechnic University.
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Anne M. Mulcahy
Chairman and
Chief Executive Officer
Xerox
Anne M. Mulcahy is chairman of the board and chief executive officer of Xerox Corporation, Stamford, Conn. She was named CEO of Xerox on Aug. 1, 2001, and chairman on Jan. 1, 2002.
Mulcahy most recently was president and chief operating officer of Xerox from May 2000 through July 2001. Prior to that, she was president of Xerox's General Markets Operations, which created and sold products for reseller, dealer and retail channels.
She began her Xerox career as a field sales representative in 1976 and assumed increasingly responsible sales and senior management positions. From 1992-1995, Mulcahy was vice president for human resources, responsible for compensation, benefits, human resource strategy, labor relations, management development and employee training.
Mulcahy became chief staff officer in 1997 and corporate senior vice president in 1998. Prior to that, she served as vice president and staff officer for Customer Operations, covering South America and Central America, Europe, Asia and Africa, and China.
Mulcahy earned a bachelor of arts degree in English/Journalism from Marymount College in Tarrytown, N.Y., in 1974. In addition to the Xerox board, she is a member of the boards of directors of Catalyst, Citigroup Inc., Fuji Xerox Company, Ltd. and Target Corporation, and is a member of The Business Council.
Mulcahy was born on Oct. 21, 1952, in Rockville Centre, N.Y.
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Sanford I. Weill
Chairman Emeritus
Citigroup
Sanford I. Weill is Chairman of Citigroup Inc., the diversified global financial services company formed in 1998 by the merger of Citicorp and Travelers Group. Mr. Weill retired as CEO of Citigroup on October 1, 2003 and will serve as Chairman until April 2006.
Mr. Weill, who had been Chairman and CEO of Travelers, became Chairman of its predecessor, Commercial Credit Company, in 1986, successfully leading the company through a public stock offering by its then-parent, Control Data Corporation. Commercial Credit acquired Primerica Corporation in 1988 and adopted its name until 1993, when Primerica acquired The Travelers Corporation and adopted the Travelers Group name. In 1997, the company acquired Salomon Inc. and combined it with its Smith Barney unit to form the global securities and investment firm, Salomon Smith Barney.
Prior to 1986, Mr. Weill had been President of American Express Company and Chairman and Chief Executive Officer of its Fireman's Fund Insurance Company subsidiary.
His affiliation with American Express began in 1981 when the company acquired Shearson Loeb Rhoades. Shearson's origins date back to 1960 when Mr. Weill and three partners co-founded its predecessor, Carter, Berlind, Potoma & Weill. He served as the firm's Chairman from 1965 to 1984, a period in which it completed over 15 acquisitions to become the country's second largest securities brokerage firm. In 1993, when Travelers Group acquired Shearson Lehman Brothers' retail brokerage and asset management businesses, he was reunited with the firm he founded.
Mr. Weill became a Director of the Federal Reserve Bank of New York in 2001. He also served as a Director on the Boards of United Technologies Corp. from 1999 to 2003, AT&T Corp. from 1998 until 2002, and of E. I. Du Pont Nemours and Company from 1998 until 2001. Also, Mr. Weill, the 1997 recipient of the New York State Governor's Art Award, has been Chairman of the Board of Trustees of Carnegie Hall since 1991, and previously served as Co-Chairman of the Steering Committee for the Campaign that raised $60 million for the Hall's restoration. He is also a Director of the Baltimore Symphony Orchestra. Mr. Weill is Chairman of the Board of Overseers for The Joan and Sanford I. Weill Medical College and Graduate School of Medical Sciences of Cornell University, having joined the board in 1982 and becoming chair in 1996. (Cornell named the medical college after the Weills in April 1998 in recognition of their support.) A Trustee Emeritus of the university, he serves on the Advisory Council of its Johnson Graduate School of Management. In addition, he is a Trustee of New York Presbyterian Hospital and an Overseer of Memorial Sloan-Kettering Cancer Center. In July 2004, Mr. Weill was named Chairman of the Board of the Committee to Encourage Corporate Philanthropy (CECP), a nonprofit forum of CEOs and Chairpersons. He is a former member of The Business Council and served on the Working Group on Child Care, headed by then U.S. Secretary of the Treasury Robert E. Rubin. In July 2002, Mr. Weill was the recipient of Chief Executive magazine's 2002 CEO of the Year Award.
Long a proponent of education, Mr. Weill instituted a joint program with the New York City Board of Education in 1980 that created the Academy of Finance, which trains high school students for careers in financial services. He serves as Chairman of the National Academy Foundation, which oversees more than 394 Academies that operate across the country, and is the principal sponsor of New York City's High School of Economics and Finance.
Mr. Weill, who was born on March 16, 1933, is a graduate of Cornell University.
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Moeen Qureshi
Chairman
Emerging Markets Partnership
Former Prime Minister of Pakistan
Qureshi is a graduate of the University of Punjab in Pakistan and has a doctorate in Economics from Indiana University in the United States. Qureshi served as the Prime Minister of Pakistan in 1993 where he initiated a number of strong reform measures.
He was the Chief Operating Officer of the International Finance Corporation from 1976-81 and Senior Vice President and Head of World Bank Operations from 1986-91. He is currently Chairman and Managing Partner of Emerging Markets Partnership, an international asset management company. He is a member of the Board of the American International Group's Global Trade and Political Risk Insurance Company and a member of the Advisory Boards of the American International Group (AIG) and of the Council for Foreign Relations.
During his three-month tenure in 1993 as caretaker prime minister, Moeen Qureshi initiated a substantial number of strong reform measures. He devalued the currency and cut farm subsidies, while raising the prices of wheat, electricity, and gasoline--strategies to reduce Pakistan's huge budget deficit. Qureshi next proceeded to single out those politicians who had outstanding loans obtained from state banks and institutions--loans received under easy terms in return for past political favors--a total estimated at US$2 billion. Qureshi added their names to a published list of 5,000 individuals who had not fulfilled their loan obligations. Approximately 15 percent of the individuals on the list had planned to run for office in the coming elections. These candidates included Benazir, Benazir's husband, and Nawaz Sharif's brother. Most candidates quickly repaid their loans; those who did not were barred from contesting the October 1993 elections.
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