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May 2, 2013

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Obama To Nominate Chicago Exec Penny Pritzker As Commerce Secretary Today
From the Chicago Sun-Times
President Barack Obama will tap Chicago business executive Penny Pritzker to be the next Commerce Secretary on Thursday, a White House official told the Chicago Sun-Times.
Obama will make the announcement at 9 a.m. Chicago time during an event at the White House before he departs for Mexico City.
The White House official said Obama “has selected Penny because she is one of the most accomplished and highly respected women in business today. With more than 25 years of experience in the real estate, hospitality, senior living, financial services and other industries, Penny knows what it takes to build, grow, and invest in a business, and will be a strong advocate for policies that help grow the economy and create jobs.
“She also is an effective manager and successful entrepreneur, helping to build five companies from the ground up, and creating thousands of jobs. These are all skills that will be extremely valuable for the Commerce Department and the Administration.”
Pritzker — who turns 54 on Thursday — served as national finance chair for Obama’s presidential 2008 campaign. The team she led was successful in making Obama’s bid viable, quickly raising enough campaign cash from major donors to demonstrate he had the ability to take on then front-runner Hillary Rodham Clinton.
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