Ann Fudge’s lengthy resume

By Laurie Bennett

October 8, 2010 at 8:24am

While there doesn’t appear to be a front-runner to replace Lawrence Summers as President Obama’s chief economic adviser, most lists of potential candidates include Ann Fudge.

The former chief exec of Young & Rubicam, Fudge is one of the most connected people in the Muckety database.

She sits on the boards of some of the nation’s top corporations, colleges and nonprofits - including General Electric, Harvard University and the Rockefeller Foundation.

Ann Fudge
Ann Fudge

She also has important political ties, having been a fundraiser for the Obama campaign.

Her popularity in the White House is evidenced by her appointment in February to the Fiscal Commission, which is studying ways to balance the budget.

The administration last month announced that Summers would step down at the end of the year as director the National Economic Council. He’s returning to a teaching position at Harvard.

Politico has reported that Obama would like to fill the post with a woman CEO.

Fudge certainly isn’t the only candidate fitting the bill. Other names mentioned as possible successors to Summers include economist Laura Tyson, who held the job during the Clinton administration; Ursula Burns, head of Xerox Corp., and Ann Mulcahy, former Xerox CEO.

James Pethokoukis of Reuters has compiled a longer list.

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