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D. VANESSA WEAVER, DAN RENBERG JOIN EX-IM BANK BOARD OF DIRECTORS

FOR IMMEDIATE RELEASE November 21, 1999

Media Contact Name/Phone: 

Marianna Ohe (202) 565-3200

The Export-Import Bank of the United States (Ex-Im Bank) Monday swore in two new members of its Board of Directors: D. Vanessa Weaver, former White House Deputy Assistant to the President and Deputy Director, Office of Presidential Personnel; and Dan Renberg, former Legislative Director and Deputy Chief of Staff for Sen. Arlen Specter (R-Pennsylvania).

Weaver and Renberg were nominated for the leadership positions at Ex-Im Bank by President Clinton on July 28 and on August 4, 1999, respectively. Both nominees were confirmed by the US Senate on November 10, 1999.

Both of these Directors bring a broad range of political, business and trade skills to bear on Ex-Im Bank's vital role of helping US businesses compete in emerging markets, said Ex-Im Bank Chairman James A. Harmon. We welcome their expertise and their strong commitment to Ex-Im Bank's mission.

Weaver comes to Ex-Im Bank from the White House where she approved and recommended final decisions on presidential appointments, and worked closely with Congress. Before that, she helped build a highly successful high-technology business, Engineering Research Associates, McLean, VA, working with financial institutions on project financing, including overseas installation of computer systems and projects for foreign governments. The company won the National Small Business of the Year award in 1985.

Renberg, immediately prior to joining Ex-Im Bank, was founder of Renberg Strategies, LLC, a Washington, D.C.-based consulting firm. Previously he managed Sen. Specter's legislative staff and assisted the senator across all legislative issues, particularly appropriations, transportation, energy and the environment. Before his service on the Hill, Renberg was an attorney specializing in government affairs and election law at Wiley, Rein & Fielding, a Washington, D.C. law firm.

Ex-Im Bank is an independent U.S. government agency that assists in financing the export of US goods and services to developing markets around the world. Worldwide in fiscal year 1999, Ex-Im Bank supported nearly $17 billion of US exports.