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Google, Xerox CEOs on Obama economic team

A 17-member economic advisory board for the president-elect includes Eric Schmidt, Warren Buffett, Paul Volcker, Larry Summers, and other notable figures.

Google CEO Eric Schmidt
Google CEO Eric Schmidt
Stephen Shankland/CNET News

Google CEO Eric Schmidt and Xerox CEO Anne Mulcahy will bring some tech experience to an advisory board for President-elect Barack Obama, according to press reports about an announcement from the organization.

The 17-member Transition Economic Advisory Board (TEAB) also will get a dose of technology experience from Richard Parsons, chairman of the board at AOL parent company Time Warner. Schmidt, who already had been an adviser to the Obama campaign, endorsed Obama in October.

The board is set to meet Friday before Obama's first press conference as president-elect. A report in The Guardian, among others, carried the full list:

• David Bonior (member of the House of Representatives from 1977 to 2003)

• Warren Buffett (chairman and CEO of Berkshire Hathaway)

• Roel Campos (former Securities and Exchange commissioner)

• William Daley (Midwest chairman for JPMorgan Chase; secretary of the U.S. Department of Commerce from 1997 to 2000)

• William Donaldson (chairman of the U.S. Securities and Exchange Commission from 2003 to 2005)

• Roger Ferguson (president and CEO of TIAA-CREF; former vice chairman of the Federal Reserve board of governors)

• Jennifer Granholm (governor of Michigan)

• Anne Mulcahy (chairman and CEO of Xerox)

• Richard Parsons (chairman of Time Warner)

• Penny Pritzker (CEO of Classic Residence by Hyatt)

• Robert Reich (professor at University of California at Berkeley; secretary of the U.S. Department of Labor from 1993 to 1997)

• Robert Rubin (chairman and director of the Citigroup executive committee; secretary of the U.S. Treasury Department from 1995 to 1999)

• Eric Schmidt (chairman and CEO of Google)

• Lawrence Summers (professor at Harvard University; managing director of DE Shaw; secretary of the U.S. Treasury from 1999 to 2001)

• Laura Tyson (professor at Haas School of Business of University of California at Berkeley; chairman of the National Economic Council from 1995 to 1996; chairman of the President's Council of Economic Advisers from 1993 to 1995)

• Antonio Villaraigosa (mayor of Los Angeles)

• Paul Volcker (chairman of the Federal Reserve from 1979 to 1987)