Two Silicon Valley leaders have been appointed by President Obama to a 16-person committee that’s charged with offering economic advice during what has become an unusually sharp and deep recession.
John Doerr, the billionaire venture capitalist at Kleiner, Perkins, Caufield & Byers, is one. Doerr was involved in funding companies including Google, Amazon.com, Sun Microsystems, and Cypress Semiconductor; he currently serves on the board of companies including Amazon and Google and has recently turned his attention to green tech.
Charles Phillips, the president of Oracle, is another. Phillips became president in May 2003 and previously was with Morgan Stanley’s Institutional Securities Division.