Mr. Speaker, today I rise in support of S.J. Res. 8, a bill to nominate David M. Rubenstein to the Smithsonian Board of Regents. As a Member of the Board of Regents' Governance and Nominating…
Mr. Speaker, today I rise in support of S.J. Res. 8, a bill to nominate David M. Rubenstein to the Smithsonian Board of Regents. As a Member of the Board of Regents' Governance and Nominating Committee which selected Mr. Rubenstein to join the Board, I wanted to express my support for moving his nomination.
Mr. Rubenstein is a native of Baltimore and graduated magna cum laude from Duke, and from the University of Chicago Law School, where he was editor of the law review.
Mr. Rubenstein is Co-Founder and Managing Director of The Carlyle Group, one of the world's largest private equity firms. David is widely respected for his business prowess.
The Smithsonian, like many institutions during these challenging economic times, faces serious funding issues . . . and it is more important than ever to have Members of the Board with financial expertise.
As part of our Governance efforts, we specifically adopted policy changes that turned the corner toward stronger oversight and accountability, including adopting regent description. These expectations of Regents include overseeing the Smithsonian's mission, as well as attending regular committee and full Board meetings.
As such; we searched to find someone like David Rubenstein. Someone who is committed to giving back to his community; he is,on the Board of Directors of Duke, the Kennedy Center and the Lincoln Center for Performing Arts, among others.
And who has committed to moving the Smithsonian forward during these challenging economic times; he has helped the Carlyle Group grow to a firm with 33 offices around the world.
Today, Mr. Rubenstein is being nominated for the vacant seat that Anne d'Harnoncourt held. Anne was a great colleague on the Board and truly committed to the Smithsonian's mission. She was also chief executive officer of the Philadelphia Museum of Art from 1982 until her death in 2008.
An acclaimed author and internationally respected art historian and administrator, she has been a part of the Smithsonian Institution since 1974. Serving on the Board of Regent's from 1995 until 2007 and was awarded Regent Emerita status. Her early death was a tragic loss to the arts community and to the Smithsonian, and she is missed.
Her dedication to the Smithsonian's mission of the increase and diffusion of knowledge is something that David Rubenstein shares. And I look forward to serving with him on the Board of Regents to promote the Smithsonian's mission in the 21st century. I yield back the balance of my time.