The U.S. Investment Advisory Council
Learn about how the Investment Advisory Council advises Department of Commerce leadership on FDI policy
The U.S. Investment Advisory Council (IAC) advises the Secretary of Commerce on the development and implementation of strategies and programs to attract and retain foreign direct investment (FDI) in the United States.
The IAC can have up to 25 members who serve a two-year term. Members are business or economic development leaders representing various industries, companies, associations, regional, state and local economic development organizations, and other organizations.
The IAC is responsible for: advising the Secretary of Commerce on U.S. government policies and programs that affect FDI; identifying and recommending programs and policies to help the United States attract and retain FDI; and recommending ways to support the United States remaining the world's preeminent destination for FDI.
Investment Advisory Council Membership for 2019-2021
Mark Beariault, General Counsel, Kudelski Group
Chris Camacho, President and CEO, Greater Phoenix Economic Council
Richard Chin, Group EVP and Head of Global Development, SK Group
Lisa Davis, Chairwoman and CEO, Siemens Corp. USA
Frank DiBello, President and CEO, Space Florida
Thomas Dustman, International Sales Director, Sunnen Products Co.
Jeff Finkle, President and CEO, International Economic Development Council
Michael Graff, Chairman and CEO, American Air Liquide Holdings, Inc.
Dan Hart, President and CEO, Virgin Orbit
Kusum Kavia, President, Combustion Associates, Inc.
Robert (Bob) LeFort, President, Infineon Technologies America Corp.
Barry Matherly, President and CEO, Detroit Regional Partnership
Nancy McLernon, President and CEO, Organization for International Investment
Harry Moser, Founder and President, Reshoring Initiative
Patrick Mulloy, Trade Lawyer, Office of Pat Mulloy
Brendan O’Grady, Executive VP and Head of NA Commercial, Teva Pharma.
Tom Osborne, Executive Director – Infrastructure, IFM
Don Pierson, Secretary of Commerce, Louisiana Economic Development
Steven Presley, Chairman and CEO, Nestle USA
Signe Pringle, Assistant Secretary, Maryland Department of Commerce
James Schellinger, Secretary of Commerce, Indiana Economic Development Corp.
Jennifer Springer, Director, Int’ Trade & Foreign Investment, Oklahoma Dept. of Commerce
David Steel, Executive VP, Corporate Affairs, Samsung Electronics America
Jane Thomas, President, Teijin Group in America
Jennifer Verdon, Int’l Business Manager, Idaho Department of Commerce
08/12/2019: Secretary Ross Announces Members of the Investment Advisory Council
07/19/2018: U.S. Department of Commerce Announces Call for Nominations to Investment Advisory Council
03/13/2017: U.S. Secretary of Commerce Wilbur Ross Names Siemens USA CEO Judy Marks to U.S. Investment Advisory Council
06/07/2016: Commerce Department Establishes New Foreign Direct Investment Advisory Council, Appoints Inaugural Members
Inaugural IAC Meeting
The Investment Advisory Council (IAC) advises the Secretary of Commerce on matters relating to the promotion and retention of FDI in the United States. At the inaugural meeting on June 21, 2016, members were sworn-in and will began a discussion of the work they will undertake during their term.Download (128MB)