Jeffrey Zients

Quick Facts

Full Name	Jeffrey Zients
Occupation	Entrepreneur
Date Of Birth	Nov 12, 1966(1966-11-12)
Age	58
Birthplace	Kensington
Country	United States
Birth City	Kensington
Horoscope	Capricorn

Jeffrey Zients Biography

Jeffrey Zients is one of the most popular and richest Entrepreneur who was born on November 12, 1966 in Kensington, Kensington, United States. Jeffrey D. Zients (born November 12, 1966) is an American chief executive officer, management consultant, and entrepreneur. Zients is currently the President of The Cranemere Group. From February 2014 to January 2017, he served as Director of the United States National Economic Council and President Obama’s Economic Advisor. Zients previously served as the acting director of the Office of Management and Budget.

Zients founded and was the managing partner of privately held Portfolio Logic LLC, an investment firm primarily focused on health care services and business services companies, that included Pediatrics Services of America (home health care for pediatric patients), Best Practices (Emergency Services management), and Timbuk2 Designs (a retailer of backpacks, apparel and messenger bags). He was a member of the board of directors of XM Satellite Radio until its 2008 merger, and a board member at Sirius XM Radio until his Senate confirmation. Zients had also served on the boards of Revolution Health Group, Best Practices and Timbuk2 Designs.

Zients served as the Acting Director of OMB from July 2010 to November 2010, and again from January 2012 to April 2013. In 2011 President Obama tasked Zeints with reorganizing the Commerce Department to make it a hub for export- import policy. A year later the White House changed direction to shutter the Commerce Department completely. Journalists suggest the move was likely meant to demonstrate that Obama was not a ‘big government liberal” ahead of the election. By 2013 Zeints’s major concerns for the budget became economic recovery and putting the country on a “fiscally sustainable path”. He also led the Administration’s preparations for dealing with the “fiscal cliff” in 2012, and “oversaw the administration’s budget content and message, which are central to the president’s argument that he has a balanced plan for the economy, while Republicans would rip the country’s social fabric and undermine the education and infrastructure needed to succeed economically… [Zients] is Obama’s ambassador liaison with the CEOs on the President’s Jobs Council. One CEO thought he was a Republican. Others have said they want him to run their companies one day.”

As the Chief Performance Officer, Zients led the Obama Administration’s “Accountable Government Initiative”. Zients outlined the Initiative in a memo to the government’s Senior Executive Service in the fall of 2010. One primary area of focus was to reform how the government buys and manages information technology. To bring outside expertise into government, Zients organized a Forum on Modernizing Government at the White House in January 2010 that brought 50 private sector CEOs together with senior government managers and CIOs to discuss best practices in large-scale IT project management. This session informed subsequent actions, including ordering a halt on all major government financial system projects until a review was completed to eliminate long-standing problems, reduce costs and accelerate the delivery of functionality to end users. In November 2010, Zients announced an execution plan for overcoming the long-standing structural challenges that plague government IT.

In 2005, he worked to bring Major League Baseball back to Washington with venture capitalist Fred Malek forming the Washington Baseball Club, one of eight or nine groups vying to buy the Washington Nationals. The Malek/Zients team included General Colin Powell, AOL founding CEO Jim Kimsey, attorney Vernon Jordan, Darrell Green formerly of the Washington Redskins, Fannie Mae chairman Franklin Raines and others. Malek was going to be the managing partner for the first three years when Zients would take over. They came close to owning the team but lost to another group led by the Lerner family.

Jeffrey Zients Net Worth

Jeffrey Zients is one of the richest Entrepreneur from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Jeffrey Zients 's net worth $5 Million. (Last Update: December 11, 2023)

Zients was raised in a Jewish family, is a native of Kensington, Maryland, and lives in the Washington, D.C. area. He graduated in 1984 from St. Albans School, and earned a Bachelor of Science degree, summa cum laude from Duke University. Zients worked in management consulting for Mercer Management Consulting (now Oliver Wyman) and Bain & Company, until his appointment as chief operating officer of DGB Enterprises, a holding company for the Advisory Board Company, Corporate Executive Board, and Atlantic Media Company.

Zients was the chairman (2001–2004), chief executive officer (1998–2000), and chief operating officer (1996–1998) of the Advisory Board Company and former chairman (2000–2001) of the Corporate Executive Board. Both companies were founded by David G. Bradley, and provide research and advice to corporations around the globe on best practices in management, strategy, and operations. Zients and Bradley took each of the companies public through successful initial public offerings that made both men multimillionaires. At age 35, Zients was named to Fortune Magazine’s “40 under 40”, with an estimated wealth of $149 million.

In 2009, President Barack Obama appointed him to the new position of United States Chief Performance Officer and Deputy Director for Management of the Office of Management and Budget in the federal government of the United States. According to Obama, his assignment was to help “streamline processes, cut costs, and find best practices throughout” the U.S. government. Zients replaced Nancy Killefer who withdrew from her nomination to this position in February 2009 to avoid controversy about her personal income taxes. His nomination was approved by the full Senate after a hearing on June 10, 2009, by the Senate Homeland Security and Governmental Affairs Committee who voted unanimously to approve him.

Height, Weight & Body Measurements

Jeffrey Zients height Not available right now. Jeffrey weight Not Known & body measurements will update soon.

Who is Jeffrey Zients Dating?

According to our records, Jeffrey Zients married to Mary Menell. As of December 1, 2023, Jeffrey Zients’s is not dating anyone.

Relationships Record : We have no records of past relationships for Jeffrey Zients. You may help us to build the dating records for Jeffrey Zients!

From 2014 to 2017, Zients served as Assistant to the President for Economic Policy and Director of the National Economic Council (NEC). As President Obama’s principal economic policy advisor, Zients was responsible for coordinating the development and execution of policy regarding all domestic and international economic issues.

Facts & Trivia

Jeffrey Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in United States. Jeffrey Zients celebrates birthday on November 12 of every year.

Zients worked with the Department of Labor to finalize the Fiduciary Rule, also known as the Conflict of Interest Rule, to protect American’s hard-earned savings by ensuring retirement advisers provide advice in their clients’ best interest. In remarks at the Bipartisan Policy Center in May 2015, Zients said: “Just as we all expect our doctors to give us the advice that’s best for our health and lawyers are duty-bound to represent their clients faithfully, families saving for retirement should be able to rest assured their financial advisers are always putting their best interest first…The conflict of interest rule is an important step forward in ensuring we have an economy that works for everyone. And that everyone who works hard and plays by the rules can get ahead. That’s central to middle-class economics, and it’s central to who we are as a Country.”