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The President today announced his intention to nominate Elaine L. Chao to be Deputy Secretary of Transportation. She would succeed Mary Ann Dawson.
Since 1988 Ms. Chao has been Chairman of the Federal Maritime Commission in Washington, DC. Prior to this she was Deputy Administrator of the Maritime Administration at the Department of Transportation, 1986 - 1988. She has also served as vice president of syndications for Bank-America Capital Markets Group in San Francisco, CA, 1984 - 1986. Ms. Chao was a White House fellow in the Office of Policy Development at the White House, 1983 - 1984. From 1979 to 1983, she was senior lending officer, European banking division for Citibank, N.A., in New York City.
Ms. Chao graduated from Mount Holyoke College (A.B., 1975) and Harvard University Graduate School of Business Administration (M.B.A., 1979). Ms. Chao currently resides in Washington, DC.