Press Release Media statement about Rich Clarida’s nomination for Vice Chairman of the Federal Reserve
We at PIMCO are thrilled to learn that President Trump has nominated Richard Clarida to be the next Vice Chairman of the Federal Reserve Board. Rich is an incredibly talented economist who has provided critical insights for our clients, investors and others throughout his many years at PIMCO and this nomination reflects the high regard in which Rich’s contributions to economics, policy, and investment management are held. Rich joined PIMCO in 2006 as our first global strategist and in those 12 years has helped us to understand and navigate the most challenging economic, political and financial market landscape since the 1930s. The position of Fed Vice Chair requires confirmation by the United States Senate and we wish him well in this process.
Michael Reid Global Head of Corporate Communications – New York +1.212.597.1301 michael.reid@pimco.com Agnes Crane U.S. Corporate Communications – New York +1.212.597.1054 agnes.crane@pimco.com Joy Sheetz U.S. Corporate Communications – New York +1.646.870.2025 joy.sheetz@pimco.com Laura Batty U.S. Corporate Communications – Newport Beach +1.949.720.6209 laura.batty@pimco.com Lisa Papas U.S. Corporate Communications – Newport Beach +1.949.720.6751 lisa.papas@pimco.com Laura Thomas UK & EMEA Corporate Communications – London +44 203 640 1520 laura.thomas@uk.pimco.com Wendy Svirakova UK & EMEA Corporate Communications – London +44 203 640 1237 wendy.svirakova@pimco.com Li Anne Wong APAC Corporate Communications – Singapore +65 6491 8068 lianne.wong@pimco.com