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Janet Yellen to resign as Federal Reserve System Chairman once successor is sworn in

Nov. 22, 2017: Federal Reserve System Chairman Janet L. Yellen, who is the first woman to hold the post of Federal Reserve Chairman, announced on Monday, Nov. 20, 2017, that she plans to resign from the System’s Board of Governors once her successor is sworn into office. Jerome Powell has been nominated to succeed Yellen, 71, when her term as Chairman ends in February, 2018. Powell’s nomination as Chairman must be confirmed by the U.S. Senate. Yellen, Democrat, could stay at the Federal Reserve even if she would only resign as Chairman, because her fourteen-year term as a Federal Reserve System Governor does not end until Jan. 31, 2024. The Federal Reserve System Board of Governors has seven Members, and there are currently three openings on the Board. Yellen has been the System’s Chairman since 2014. She was previously the System’s Vice Chairman from 2010 to 2014. She was previously the President of the Federal Reserve Bank of San Francisco from 2004 to 2010, and the Chairman of the White House Council of Economic Advisers during the administration of former President Bill Clinton. Yellen is a professor emerita at the University of California at Berkeley. Yellen was initially appointed to the Federal Reserve Board by former President Clinton in 1994, and she was on the Board then until 1997, when she was appointed Chairman of the Council of Economic Advisers. Yellen received her MA and Ph.D. from Yale University.

Meg Whitman to resign as Chief Executive Officer, Hewlett Packard Enterprise, on Feb. 1, 2018

  
Nov. 22, 2017: Meg Whitman plans to resign as the Chief Executive Officer of Hewlett Packard Enterprise on Feb. 1, 2018, and company President Antonio Neri is scheduled to succeed Whitman as CEO on that date. In a press release, Whitman made the following statement: "I’m incredibly proud of all we’ve accomplished since I joined HP in 2011. Today, Hewlett Packard moves forward as four industry-leading companies that are each well positioned to win in their respective markets. Now is the right time for Antonio and a new generation of leaders to take the reins of HPE. I have tremendous confidence that they will continue to build a great company that will thrive well into the future.” Whitman set a five-year turnaround plan to reposition the company--a plan that has included several large rounds of layoffs. Under her leadership, the company underwent the largest corporate separation when it split from HP Inc. in 2015. She also led the subsequent spinoff and mergers of HPE’s enterprise services and software businesses, as well as several major acquisitions. Neri was appointed as the first President of HPE in June of this year, 2017. The 50-year-old executive joined Hewlett Packard in 1995 as a Customer Service Engineer, and then later held various posts in the technology services business before running the Enterprise group in 2015. Whitman was previously the CEO of eBay from 1998 to 2008. HPE’s stock dropped more than 7 percent to $13.09 in after-hours trading after the news about Whitman’s resignation as CEO. After Feb. 1, 2018, Whitman and Neri will remain on the company’s Board of Directors.

Kansas Acting Deputy Attorney General Lee Davidson dies at 46

  
Nov. 22, 2017: Kansas Acting Deputy Attorney General Lee J. Davidson died on Wednesday, Nov. 8, 2017. He was 46. A cause of death was not immediately report. Kansas Gov. Sam Brownback was scheduled to meet with Davidson about a judicial appointment on Thursday, Nov. 9, 2017—the day after Davidson died. “The Governor had personally interviewed Lee on several occasions when he was a nominee for judicial appointments, and was scheduled to meet with him again on the day after his untimely passing,” Brownback said in a statement. “He was a current nominee for a vacant seat on the Shawnee County District Court, and his credentials and experience made him a strong candidate for the position.” Kansas Attorney General Derek Schmidt also confirmed that Davidson died. Davidson worked at the Kansas Attorney General’s Office since 2003. He had been the Acting Deputy Attorney General since late April, 2017. Davidson was among three nominees forwarded to Brownback on Sept. 30, 2017, to succeed retired Shawnee County District Court Judge Frank Yeoman, Jr. A Spokesman for the Kansas Judiciary says it is not yet determined how Davidson’s death may impact the process. Davidson also was a finalist for the Shawnee County District Court vacancy to which Jason Geier was appointed earlier this year, 2017.

John Schroder elected Louisiana State Treasurer

  
Nov. 22, 2017: Former Louisiana State Rep. John Schroder, Covington Republican, was elected as the Louisiana State Treasurer in a statewide election held on Saturday, Nov. 18, 2017. Schroder defeated Derrick Edwards, Democrat, a lawyer from the New Orleans area. Schroder received 56 percent of the votes cast, and Edwards received 44 percent, according to election results released Saturday night, Nov. 18, 2017. Only 12.5 percent of potential voters cast votes in the State Treasurer’s race—one of the lowest voter turnouts for a statewide election in Louisiana history. Louisiana was forced to hold a special election for treasurer this fall of 2017 after John Kennedy left the job in January, 2017, to join the U.S. Senate. Ron Henson has been working in an appointed capacity as the Acting Treasurer for the past several months. Schroder will have a truncated first term of two years and have to run again for the office in 2019, when all the statewide elected officials and the entire State Legislature are on the ballot again. A State House Representative for nine years, Schroder spent most of his legislative career focused on fiscal policy and was a member of the House Appropriations Committee, which writes the state budget.

Antonio Neri hired as Chief Executive Officer, Hewlett Packard Enterprise

  
Nov. 22, 2017: Meg Whitman plans to resign as the Chief Executive Officer of Hewlett Packard Enterprise on Feb. 1, 2018, and company President Antonio Neri is scheduled to succeed Whitman as CEO on that date. In a press release, Whitman made the following statement: "I’m incredibly proud of all we’ve accomplished since I joined HP in 2011. Today, Hewlett Packard moves forward as four industry-leading companies that are each well positioned to win in their respective markets. Now is the right time for Antonio and a new generation of leaders to take the reins of HPE. I have tremendous confidence that they will continue to build a great company that will thrive well into the future.” Whitman set a five-year turnaround plan to reposition the company--a plan that has included several large rounds of layoffs. Under her leadership, the company underwent the largest corporate separation when it split from HP Inc. in 2015. She also led the subsequent spinoff and mergers of HPE’s enterprise services and software businesses, as well as several major acquisitions. Neri was appointed as the first President of HPE in June of this year, 2017. The 50-year-old executive joined Hewlett Packard in 1995 as a Customer Service Engineer, and then later held various posts in the technology services business before running the Enterprise group in 2015. Whitman was previously the CEO of eBay from 1998 to 2008. HPE’s stock dropped more than 7 percent to $13.09 in after-hours trading after the news about Whitman’s resignation as CEO. After Feb. 1, 2018, Whitman and Neri will remain on the company’s Board of Directors.

Scott Stalker assigned as Command Senior Enlisted Leader, U.S. Cyber Command, Fort Meade, Md.

  
Nov. 22, 2017: U.S. Marine Corps Master Gunnery Sgt. Scott H. Stalker was assigned as the Command Senior Enlisted Leader at the U.S. Cyber Command at Fort Meade, Md., on Monday, Nov. 20, 2017. Stalker was most recently the Senior Enlisted Adviser at the Defense Intelligence Agency at the U.S. Department of Defense. In his new post, Stalker succeeds Command Sgt. Maj. David C. Redmon.

Michele Eberle appointed Executive Director, Maryland Health Benefit Exchange

  
Nov. 22, 2017: Michele S. Eberle has been appointed as the Executive Director of the Maryland Health Benefit Exchange, the state government agency that oversees Maryland’s Affordable Care Act marketplace, becoming the troubled agency’s third Executive Director in four years. Eberle was most recently the Chief Operating Officer at the agency, a post she held since 2015. The agency facilitates enrollment in private health insurance and Medicaid plans for more than 1.1 million Maryland residents. As Executive Director, Eberle succees Carolyn A. Quattrocki, who resigned in late 2016 to take a post at the Maryland Attorney General’s Office. Quattrocki took over in June, 2014, after the resignation of Rebecca Pearce after then-Lt. Gov. Anthony Brown questioned her competency. Prior she joined the Exchange, Eberle was the Executive Director of the former Maryland Health Insurance Plan, a high-risk consumer pool that was intended to decrease uncompensated care costs and provide comprehensive health benefits for about 20,000 medically-uninsurable residents. She also previously led a non-profit agency in Oregon that provided support, counseling, emergency shelter, prevention programs and outreach for women and children affected by family violence.