For Immediate Release
Office of the Press Secretary
July 9, 2003

Personnel Announcement

President George W. Bush today announced his intention to nominate one individual to serve in his administration:

The President intends to nominate Susan C. Schwab of Maryland, to be Deputy Secretary of the Treasury. Dr. Schwab is currently Dean of the University of Maryland School of Public Affairs. Until 1995, she was Director of Corporate Business Development at Motorola, Inc., in Schaumburg, Illinois. Dr. Schwab was appointed by President George H.W. Bush in 1989 to serve as Assistant Secretary of Commerce and Director General of the U.S. & Foreign Commercial Service of the U.S. Department of Commerce. Before joining the Commerce Department, Dr. Schwab worked for Senator John C. Danforth of Missouri from 1981 until 1989. While working for Senator Danforth, Dr. Schwab served as legislative director, chief economist, and legislative assistant for international trade. Dr. Schwab worked at the American Embassy of Tokyo as a trade policy officer from 1979 until 1981. From 1977 until 1979, she served as a trade negotiator at the Office of the U.S. Trade Representative.

Dr. Schwab received her Bachelor's degree from Williams College and a Master's degree in Development Policy from Stanford University. She earned her Ph.D. at George Washington University School of Business and Public Management.