CEE Appoints Lusardi, Fauber and English to Board of Directors

POSTED: December 20, 2011 | BY: admin | TAGS: ,

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New board members bring robust experience in corporate finance, education and leadership
NEW YORK, December 20 – The Council for Economic Education (CEE) welcomes Annamaria Lusardi, Robert Fauber and Mike English to its board of directors. Effective Oct. 28, the CEE’s board of directors voted Lusardi, Professor of Economics and Accountancy, the George Washington University School of Business; Fauber, Senior Vice President of Corporate Development, Moody’s Corporation; and English, President and CEO, Missouri Council on Economic Education as its newest members of the board.

“We are honored to have Lusardi, Fauber and English join our board,” said CEE President and CEO Nan J. Morrison. “Their passion for implementing economic education and financial literacy in key demographics of our society will help drive this organization forward as we expand our outreach.”

Lusardi is the Denit Trust Professor of Economics and Accountancy at the George Washington University School of Business and the Director of the Financial Literacy Center, a joint Center with the Rand Corporation and the Wharton School, created with the support of the Social Security Administration.

Lusardi has developed tools to improve retirement planning and is currently working to promote workplace financial education, including a financial fitness toolkit for the New York Stock Exchange Foundation. She has advised the Dartmouth Hitchcock Medical Center, FINRA Investor Education Foundation, the Dutch Central Bank, the Organisation for Economic Co-operation and Development (OECD) and the World Bank on issues related to financial literacy and saving. She was recently recognized by the New York Times as one of the six most influential economists in the area of financial reform.

“Financial literacy is a necessary skill. Just as it became impossible to live well and operate effectively in modern societies without print literacy—the ability to read and write—today it is not possible to do so without financial literacy, a solid grounding in the abc’s of finance,” said Lusardi. “I look forward to helping CEE in their efforts to promote financial literacy in schools.”

Fauber has served as Senior Vice President, Head of Corporate Development for Moody’s Corporation since 2009. He has led Moody’s corporate development activities since joining the company in 2005, including the origination, evaluation, and execution of investment, merger and acquisition opportunities, as well as corporate strategy.

Fauber held several roles at Citigroup prior to joining Moody’s, and began his career at NationsBank (now Bank of America). He is a member of the board of directors of ChinaScope Financial, Copal Partners and the Moody’s Foundation.

“These challenging times have highlighted the critical relevance of financial literacy and economic education,” said Fauber. “The CEE plays an important role in furthering this cause with today’s educators and youth, and I am excited about contributing to the CEE in fulfilling its very worthwhile mission.”

English has been President and CEO of the Missouri Council on Economic Education (MCEE) since 2008. Prior to joining the MCEE, he was a senior analyst at the Kauffman Foundation in Kansas City, and worked at the City of Chicago Mayor’s Office and the Government Finance Officers Association.

He is a member of the board of directors of several Missouri-based organizations. English was awarded the Rising Star Award by the National Association of Economic Educators in Oct. 2011.

“By serving on CEE’s Board of Directors, I will be able to share some state-level economic education innovations with a national audience,” said English. “By doing so, economic educators throughout the country will increase their capacity to instill important economic and financial education concepts in today’s youth.”

Lusardi, Fauber and English join a robust and dedicated board where they will contribute to the mission of the CEE to advocate for better and greater school-based economic and personal finance education at the K-12 level.

About the Council for Economic Education
The CEE aims to empower people to make informed and responsible choices throughout their lives as consumers, investors, citizens, and participants in the global economy. The CEE advocates for better and greater school-based economic and personal finance education at the K-12 level through well-prepared teachers and high quality programs that help young people achieve economic and financial literacy. Each year the CEE’s programs reach more than 150,000 K-12 teachers and over 15 million students in the United States.

About The George Washington University School of Business
The George Washington School of Business prepares students for professional management careers. The depth and variety of its academic and professional programs, including five specialized master’s programs, provide rich opportunities for students in the school’s core bachelor of business administration, master of business administration and doctoral programs. GW’s undergraduate- and graduate-level international business programs rank among the world’s best.

About Moody’s Corporation
Moody’s is an essential component of the global capital markets, providing credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody’s Corporation (NYSE: MCO) is the parent company of Moody’s Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody’s Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The Corporation, which reported revenue of $2.0 billion in 2010, employs approximately 4,700 people worldwide and maintains a presence in 27 countries. Further information is available at www.moodys.com.

About Missouri Council on Economic Education
The Missouri Council on Economic Education (MCEE) has been in the business of financial education for forty years. MCEE is run by three full-time staff members, six university-based educators, a Board of Trustees, and dozens of committed volunteers. Over the past few years alone, the network of economic educators has trained hundreds of parents, thousands of teachers and even more students. MCEE coordinates the Stock Market Game in Missouri, an activity for students that teaches them about investing and the stock market. MCEE’s other signature student program is the Missouri Personal Finance Challenge (MPFC). MPFC is an exciting statewide quiz bowl competition that challenges high school students to demonstrate that they have mastered advanced personal finance content.

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