Shaping the Future - Milken Institute
Shaping the Future - Milken Institute
Shaping the Future - Milken Institute
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panelists<br />
Jeb Spaulding is State Treasurer of Vermont. As chair of <strong>the</strong> Capital Debt Affordability Committee, he led <strong>the</strong><br />
successful effort that in 2007 allowed <strong>the</strong> state to regain a triple-A bond rating for <strong>the</strong> first time since <strong>the</strong> 1970s. Vermont<br />
now has <strong>the</strong> most favorable credit ratings of all New England states. He also counts among his accomplishments <strong>the</strong><br />
passage of policies promoting corporate responsibility, such as an active proxy voting system and restrictions on<br />
investments in companies and governments linked to terrorism or genocide. Spaulding served eight terms in <strong>the</strong><br />
Vermont Senate from 1985 to 2000. He was a founder and general manager of WNCS-FM in Montpelier and a partner in<br />
Precision Media Inc. Spaulding has a master’s degree in education.<br />
Margaret Spellings is <strong>the</strong> President and CEO of Margaret Spellings and Company, and a leading national expert<br />
in public policy. She is <strong>the</strong> previous U.S. Secretary of Education, having served in <strong>the</strong> Bush administration. Spellings is<br />
also a senior advisor to <strong>the</strong> U.S. Chamber of Commerce, executive vice president of <strong>the</strong> National Chamber Foundation<br />
and a senior advisor to <strong>the</strong> Boston Consulting Group (BCG). She also served as White House domestic policy advisor<br />
from 2001 to 2005. She serves on <strong>the</strong> boards of <strong>the</strong> America’s Promise Alliance, <strong>the</strong> Broad Center for <strong>the</strong> Management of<br />
School Systems, <strong>the</strong> National Alliance for Public Charter Schools and <strong>the</strong> Special Olympics. She is also a member of <strong>the</strong><br />
Goldman Sachs 10,000 Small Businesses Advisory Council.<br />
Scott Sperling is Co-President of THL Partners as well as trustee and general partner of various THL equity funds.<br />
He is currently a director of Clear Channel Communications, Thermo Fisher Corp., Univision Communications Inc.,<br />
Warner Music Group and several private companies. Prior to joining THL, Sperling spent more than a decade as<br />
managing partner of The Aeneas Group Inc., <strong>the</strong> private capital affiliate of Harvard Management Company. Prior to<br />
that, he was a senior consultant with <strong>the</strong> Boston Consulting Group. Sperling is also a board member of <strong>the</strong> Brigham<br />
& Women’s / Faulkner Hospital Group, chairman of <strong>the</strong> Citi Performing Arts Center and a member of Harvard Business<br />
School’s Rock Center Board and <strong>the</strong> Harvard Business School Dean’s Advisory Board. He holds a bachelor’s degree from<br />
Purdue University and an M.B.A. from Harvard Business School.<br />
Lorraine Spurge is Managing Director and Head of Business Development for <strong>the</strong> Diversified Fixed Income<br />
Group and Corporate Credit Group at Guggenheim. She joined Guggenheim in 2008, focusing on strategic business<br />
development, marketing and client services. Prior to Guggenheim, Spurge was a founder and CEO of Maple Stone<br />
Capital Advisors, where her responsibilities included more fully developing an institutional presence. As a member of<br />
<strong>the</strong> Investment Committee, she reviewed and evaluated securities prior to <strong>the</strong>ir inclusion in <strong>the</strong> portfolio. From 2001<br />
to 2006, Spurge was a partner and managing director at Metropolitan West Financial and MW Post Advisory Group,<br />
where she helped to expand a $400 million asset manager into an institutional high yield and distressed firm with more<br />
than $8 billion of assets under management. Previously, she managed <strong>the</strong> capital markets group for Drexel Burnham<br />
Lambert, raising more than $200 billion for large and small corporations.<br />
Komal Sri-Kumar, a Senior Fellow of <strong>the</strong> <strong>Milken</strong> <strong>Institute</strong>, is Group Managing Director and Chief Global Strategist<br />
of The TCW Group Inc. He has been with <strong>the</strong> investment management firm since its founding in 1991 and has chaired<br />
<strong>the</strong> firm’s Comprehensive Asset Allocation Committee since 1997. The firm manages specific client mandates of about<br />
$1.5 billion across global asset classes, including U.S. and foreign equities and fixed income, private equity, energy<br />
and real estate. Prior to joining TCW, Sri-Kumar was senior vice president at Drexel Burnham Lambert and executive<br />
vice president of DBL Americas, responsible for country risk analysis. Previously, he was president of <strong>the</strong> Country Risk<br />
Consulting Service, which he founded to advise Big Eight accounting firms and investment and commercial banks on<br />
Latin American debt service capacity. Sri-Kumar holds a master’s degree from <strong>the</strong> Delhi School of Economics and a<br />
master’s and Ph.D. in economics from Columbia University.<br />
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