For one thing, Summers wouldn’t actually be very good at the job, since he doesn’t have any of the required qualifications. Square, the mobile payments start-up from Twitter co-founder Jack Dorsey, has added former Treasury Secretary Lawrence Summers to its board of directors. In a year when major employers were forced to embrace more flexible working policies, the list reveals more of Australia's top 500 companies are embracing family-friendly and gender-neutral policies. Lawrence H. Summers sits on the board of directors at The Peterson Institute for International Economics. Lawrence H. Summers. “On behalf of the board, I am excited to welcome Larry as the new Chair of the Board and work closely with him to deepen and expand Citizen Schools’ already considerable impact on education,” said Balson. His tenure included the firm’s initial public offering in December 2014 and the high-profile ouster of CEO Renaud Laplanche in May 2016.. He’s also someone who never backs down from tackling massive problems or engaging in hard conversations for causes he believes in deeply. former Australian Securities and Investments Commission senior executive Michael Saadat. Lawrence H. Summers on credit platform’s board of directors ... announced today that former Visa Inc. President Hans Morris has joined the company’s board of directors as a director and chair of the audit committee. She is the Economics of Technology Professor at Stanford Graduate School of Business. As a researcher, Summers has made important contributions in many areas of economics, primarily public finance, labor economics, financial economics, and macroeconomics. Afterpay, a rare example of an Australian-born technology player seeking to conquer the world's biggest market, has also worked with other high profile Americans to help it scale there: the Kardashian family. London is about to move into the highest tier of restrictions again after a massive surge of infections just in time for Christmas. Larry Summers. Like all CEOs, the head of the Bank reports to a board of directors — but at the World Bank, the board of directors meets twice a week. Larry Summers is “skeptical” about general loan cancellation being discussed amid President-elect Joe Biden’s transition to office, arguing that debt forgiveness would benefit the rich and not the poor. He left […] In retrospect, it appears that Larry Summers didn't help the Board of Directors of Square very much at all. Last month, the company declined to release an interim audit report into potential issues with anti-money laundering procedures after concerns were raised by financial intelligence agency AUSTRAC. FORMER CFO, GOLDMAN SACHS David Viniar served as Executive Vice President and CFO of Goldman Sachs, and is currently a member of its Board of Directors. He is inspiring about the cause, but demanding about the means.” Mark Ames via AlternetIs Larry Summers taking kickbacks from the banks he’s bailing out? He’s been on the frontlines of countless critical events in our world’s economic history — and now has chosen to play an integral role in charting Premise’s future. In addition to serving as 71st Secretary of the Treasury in the Clinton Administration, Dr. Summers served as Director of the White House National Economic Council in the Obama Administration, as President of Harvard University, and as the Chief Economist of the World Bank. suggesting Afterpay's high-flying share price could halve in the next 12 months. Former US Treasury Secretary Larry Summers has joined Afterpay's new advisory board in the United States, where the fast-growing retailing platform has 40 per cent of its customers. R.I.P. Born: 30-Nov-1954 Birthplace: New Haven, CT Gender: Male Race or Ethnicity: White Sexual orientation: Straight Occupation: Economist Party Affiliation: Democratic Nationality: United States Executive summary: US Treasury Secretary, 1999-2001 Father: Robert Summers (economics professor) Mother: Anita A. Summers (public policy professor) Summers' insight will be invaluable as we continue to grow the States Title solution," said Max Simkoff, CEO of States Title. Nick Molnar, Afterpay's co-founder and US chief executive, said the advisory board will help the company "continue to build on our business momentum and forge strong partnerships" with US retailers seeking to encourage "responsible spending, control and convenience". Summers joined LendingClub’s board in December 2012, which was during the early days of the online lending boom. It is facing competition in the US market from other instalment services including Klarna, Affirm, Sezzle, Uplift and QuadPay. Mobile payments startup Square has added some economic muscle to its board of directors with Larry Summers, the former U.S. Treasury secretary and former president of Harvard.. Summers … Founder of CROWDSTRIKE, George Kurtz & Larry Summers are on the board of a Spanish Bank with a history of money laundering & heavy influence over the Vatican Bank (IOR). Afterpay said it hoped the move will help it to "identify key business opportunities and partnerships at a time when American consumers are increasingly turning to alternative payment methods to avoid revolving and extended debt". As if the board of directors of Lending Club was not star-studded enough, the peer-to-peer lender recently announced that former Treasury Secretary Lawrence “Larry” Summers would be joining the team. With continued dedication and our growing community of champions, which now includes Larry Summers, I believe we can seize it.-----Current board members: Andrew Balson (Board chair) - Managing Director, Bain Capital; Larry Summers (Board chair-elect) - Charles W. Eliot University Professor and President Emeritus, Harvard University Larry is one of the most decorated economists of our generation. Larry will be involved in everything from supervising and supporting the inception of new products to vetting their statistical capabilities and finally, helping to take these products to our global customers. Larry Summers’ chairmanship will be a strong voice for this important work.” Tim Geithner, former US Treasury secretary and a former member of CGD’s board, said: “Larry Summers is a terrific creative force on development issues. Larry’s decision to join the Board is a sign that what we’re doing is starting to work. It also follows prominent US professor Scott Galloway suggesting Afterpay's high-flying share price could halve in the next 12 months. For a number of reasons, this is a personally gratifying m o ment. In August, Afterpay announced a strategic partnership with Visa to help it acquire new merchants in the US by smoothing integration processes and reducing costs. Lawrence Henry Summers, America’s leading economist, was born on November 30, 1954, in New Haven, Connecticut. David Viniar. Climate Leadership Council Founding Member Lawrence Summers explains how carbon dividends work in addressing climate change. Building a company that’s wholly reimagining the way the world is measured from the ground up is even harder. I’m proud to announce that Larry Summers is joining our Board of Directors. Former Treasury Secretary Lawrence H. Summers is one of America’s leading economists. #SpyGate ... She was the first female director to join the Twitter board of directors. Help using this website - Accessibility statement, had more than 6,500 merchants offering the instalment payments service in the United States and 2.1 million active customers, and is sitting on a pile of shares and options worth more than $100 million. He serves as a special adviser at Andreessen Horowitz (an investor in Premise), on the Board of Lending Club, and has advisory roles at several other tech companies. He currently serves as President Emeritus and Charles W. Eliot Professor of Harvard University, where he’s made enormous academic contributions to the fields of macroeconomics, financial and labor economics since he first became a professor in 1983. Clothing, cafes and department stores have lagged behind the retailing rebound and not all will make it through in a sector where collapses are lower than a year ago. He comes from a Jewish family, his parents Robert Summers and Anita Summers were both Economics professors at the University of Pennsylvania. During the past two decades he has served in a series of senior policy positions, including Vice President of Development Economics and Chief Economist of the World Bank, Undersecretary of the Treasury for International Affairs, Director of the National Economic Council for the Obama Administration from… Larry Summers . Summers was an MIT student at 16 and a tenured Harvard professor at 28. Today is a big day for us, one that’s been a long time coming and yet one I never could’ve imagined when we launched Premise almost two years ago. Its strong performance on the Australian sharemarket is being driven by expectations of further US growth. Larry Summers is the Charles W. Eliot University Professor and President Emeritus of Harvard University. Among the many highlights of his career: Director of the National Economic Council from 2009–2010; President of Harvard University from 2001–2006; Secretary of the Treasury from 1999 to 2001; and Chief Economist at the World Bank from 1991–1993. I’m proud to announce that Larry Summers is joining our Board of Directors. Boyd 2 minute Read advertisement While she is not nearly as well known as Larry Summers she still brings serious economics clout to the board. Is Larry Summers taking kickbacks from the banks he’s bailing out? He served as the 71st Secretary of the Treasury. In 2007, she was awarded the prestigious John Bates Clark Medal for the best American Economist under the age of 40. Mr Summer's appointment is the latest high profile hire by Afterpay, which includes former Australian Securities and Investments Commission senior executive Michael Saadat. The Institute is a private, nonprofit institution for rigorous, intellectually open, and honest study and discussion of international economic policy. The announcement comes a day after the resignation of Afterpay director David Hancock - who will remain a consultant to the company and is sitting on a pile of shares and options worth more than $100 million. AKA Lawrence Henry Summers. 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The heavy hitting new addition comes shortly after Lending Club exceeded $1 billion in total loans issued. In a statement accompanying the announcement, Summers noted that “rapid adoption of technology and innovation” that was creating opportunities for companies like Lending Club. Women are getting more speaking roles in the High Court, but some 'worrying trends' are emerging – particularly for junior females – that could stall the push towards gender equality. 2. Mr Summers has experience governing fintech disrupters; he's on the board of directors of Square, headed by Jack Dorsey, which helps small businesses accept credit card payments. Until news came that Summers’ torch had been snuffed, I was going to write another column about Larry, the Typhoid Mary of Economics. As it gears up for an IPO, Lending Club beefs up its board After recently confirming its IPO plans, peer-to-peer lending platform Lending Club announced Thursday that it has added former U.S. Secretary of Treasury Larry Summers to its board of directors. Larry is someone whose fierce intellectual prowess I’ve admired since the spring and summer of 1998 when I was a fledgling quant analyst manning the desks during the Russian debt crisis and the subsequent Long Term Capital Management implosion. With Larry on our team, we’re now one step closer. Summers served as Treasury secretary from 1999 to 2001 and as president of Harvard from 2001 to 2006, and director of President Obama’s National Economic Council until November, 2010. Last year, it lured Akash Garg from Uber, where he had been director of engineering, as its US chief technology officer. From the Asian financial crisis to the Great Recession, Larry has been at the center of the world’s biggest fiscal policy debates for the past 30 years. Last month, a little-known company where Summers served on the board of directors received a $42 million investment from a group of investors, including three banks that Summers, Obama’s effective “economy czar,” has been doling out billions in bailout money to: Goldman Sachs, Citigroup, and Morgan Stanley. Follow updates here. Larry Summers Board of Directors @ Lending Club . We have enormous ambitions to increase global economic transparency and measure the world in entirely new ways. R.I.P. Dr. Summers’ He received the John Bates Clark Medal in 1993 from the American Economic Association. It also. Larry Summers On Sunday afternoon, facing a revolt by his own party’s senators, Obama dumped Larry as likely replacement for Ben Bernanke as Chairman of the Federal Reserve Board. 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