Timothy F. Geithner, Michael K. Powell and Marta Tienda Join RAND Corporation Board of Trustees

For Release

Tuesday
March 28, 2006

The RAND Corporation has named Timothy F. Geithner, Michael K. Powell and Marta Tienda to its Board of Trustees, President and CEO James A. Thomson announced today.

Geithner is the president and CEO of the Federal Reserve Bank of New York. He also serves as the vice chairman and holds a permanent seat on the Federal Open Market Committee.

Powell is a senior advisor at Providence Equity Capital and chairman of the MK Powell Group. He was appointed a member of the Federal Communications Commission in 1997 and served as FCC chairman from 2001 to 2005.

Tienda is the Maurice P. During '22 Professor in Demographic Studies and a professor of sociology and public affairs at Princeton University. She served as the director of the Office of Population Research at Princeton from 1997 to 2002, and is a former board member of the Federal Reserve Bank of New York.

RAND is a nonprofit research organization based in Santa Monica, Calif., and has offices in the Washington, D.C. area and Pittsburgh, along with Europe and Qatar.

“Tim, Michael and Marta are welcome additions to the RAND Board of Trustees and will help RAND build on our nearly 60 years of success in providing objective analysis and effective solutions that address the challenges facing the public and private sectors around the world,” Thomson said.

Geithner previously served with the U.S. Department of Treasury for three administrations, holding the post of under secretary for international affairs from 1999 to 2001. After leaving the Treasury Department, he joined the International Monetary Fund as director of the policy development and review department until 2003.

Geithner currently serves as chairman of the G-10’s Committee on Payment and Settlement Systems of the Bank for International Settlements. He is also a member of the Council on Foreign Relations and The Group of Thirty. Geithner received a bachelor’s degree in government and Asian studies from Dartmouth College and a master’s degree in international economics and East Asian studies from the Johns Hopkins School for Advanced International Studies.

Before joining the FCC, Powell was chief of staff of the antitrust division in the U.S. Department of Justice. Prior to that, he was an associate in the Washington, D.C., office of the law firm of O'Melveny & Myers LLP. Powell earlier served as a policy advisor to the secretary of defense on matters involving the U.S.-Japan security relationship. His military service was as an armor officer in the United States Army.

Powell is the vice rector of the Board of Visitors of the College of William and Mary, a trustee of the Disabled Veterans for Live Memorial and serves on the board of ObjectVideo. Powell graduated from the College of William and Mary with a B.A. in government in 1985 and earned his law degree from the Georgetown University Law Center in 1993.

Tienda has held appointments at the University of Chicago, where she served as chair of sociology, and at the University of Wisconsin. She is a member of the Council on Foreign Relations, and also a fellow of the American Academy of Arts and Sciences, the American Academy of Political and Social Sciences, and the American Association for the Advancement of Science.

Tienda is also past president of the Population Association of America. She chaired the National Academy of Sciences Panel on the U.S. Hispanic Population and serves on the boards of the Sloan Foundation, TIAA, the Corporation of Brown University, and the Princeton Medical Center. Tienda received a M.A. and Ph.D. in sociology from the University of Texas at Austin.

About the RAND Corporation

The RAND Corporation is a research organization that develops solutions to public policy challenges to help make communities throughout the world safer and more secure, healthier and more prosperous.