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Mayor Forms Panel on Jobs, Economy

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Fresh off his victory in Sacramento to gain more control over the Los Angeles Unified School District, Los Angeles Mayor Antonio Villaraigosa is stepping up his economic development efforts to boost investment and jobs in the city.


This week, Villaraigosa is in the midst of a 16-day swing through China, Japan and South Korea to promote Los Angeles as a place to visit and do business and to expand export markets for L.A. companies.


Just before Villaraigosa left, he told the Business Journal he had formed a Committee for Jobs and the Economy, comprised of 30 prominent business leaders and chaired by City National Bank chief executive Russell Goldsmith.


“I plan to intensify my focus on economic development in L.A., and the Asia trade mission and this committee represent a launching of this sharpened focus,” Villaraigosa said.


The trade mission began Oct. 7 and involves about 50 members of L.A.’s business community (including Matt Toledo, publisher of the Business Journal).


The Chinese leg of the trip will focus in part on how L.A. businesses can participate in the 2008 Summer Olympic Games in Beijing.


Among the 31 members on the committee are such prominent business leaders as Earvin “Magic” Johnson, chief executive of Magic Johnson Enterprises, John Cushman, chairman of real estate company Cushman & Wakefield Inc., Peter Chernin, chief operating officer of News Corp., Steve Sample, president of the University of Southern California, Bruce Karatz, chairman and chief executive of KB Homes and Howard Marks, founder and chairman of Oaktree Capital Management LLC.



Below is a list of the 31 members of Los Angeles Mayor Antonio Villaraigosa’s newly-created Committee for Jobs and the Economy:

Chair:

Russell Goldsmith – President & CEO, City National Bank

Members:

William Allen – President & CEO, Los Angeles Economic Development Corp.

Jesus Arguelles – CEO, Arguelles Capital Access

Byron Auguste – McKinsey & Company

Andrew Cherng – Founder & Chairman, Panda Restaurant Group

Peter Chernin – President & CEO, News Corp/Fox

FrankClark – Executive Director, LAXTEC Corp./International Airline Carriers

Gary Credle – Executive Vice President, Administration and Studio Operations, Warner Bros.

John Cushman – Chairman, Cushman Wakefield

Martha de la Torre – President & CEO, El Clasificado

Maria Elena Durazo – Executive Secretary-Treasurer, Los Angeles County Federation of Labor

David Fisher – Chairman Capital Group International

David Fleming – Chairman, Economic Alliance of the San Fernando Valley

Paul Hudson – President & CEO, Broadway Federal Bank

Earvin “Magic” Johnson – CEO, Magic Johnson Enterprises

Bruce Karatz – Chairman & CEO, KB Homes

Jolene Koester – President, California State University, Northridge

Edward Leamer, Economist, UCLA Anderson School

Tim Leiweke – President & CEO, Anschutz Entertainment Group

Bryan Lourd – Managing Director, Creative Artists Agency

Monica Lozano – Publisher & CEO, La Opinion

Howard Marks Founder and Chairman, Oaktree Capital Management

James McKenna – President, Pacific Maritime Association

Dominic Ng – Chairman, President & CEO, East West Bank

Ann Philbin – Director, UCLA/Hammer Museum

Lynn Pike – President, Bank of America

Jay Rasulo – Chairman, Parks & Resorts, Walt Disney Company

JamesRosser – President, California State University, Los Angeles

Steve Sample – President, University of Southern California

Gary Toebben – President & CEO, Los Angeles Area Chamber of Commerce

Charles Woo – CEO, MegaToys

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Howard Fine
Howard Fine is a 23-year veteran of the Los Angeles Business Journal. He covers stories pertaining to healthcare, biomedicine, energy, engineering, construction, and infrastructure. He has won several awards, including Best Body of Work for a single reporter from the Alliance of Area Business Publishers and Distinguished Journalist of the Year from the Society of Professional Journalists.
Los Angeles Business Journal Author