16 Facts About Erskine Bowles

1.

Erskine Boyce Bowles was born on August 8,1945 and is an American businessman and political figure from North Carolina.

2.

Erskine Bowles served from 2005 to 2010 as the president of the University of North Carolina system.

3.

In 2010, Bowles served as the Democratic co-chair of President Barack Obama's National Commission on Fiscal Responsibility and Reform with Alan Simpson.

4.

Erskine Bowles graduated from Virginia Episcopal School before attending the University of North Carolina at Chapel Hill, where he was a member of the Zeta Psi fraternity and graduated with a business degree.

5.

In 1975, Erskine Bowles helped launch the investment banking firm of Erskine Bowles Hollowell Conner, and remained in the corporate sector until the 1990s.

6.

In 1992, Erskine Bowles became more involved in politics as a fundraiser for Bill Clinton's 1992 presidential campaign.

7.

From October 1994 to December 1995, Erskine Bowles served as Clinton's White House Deputy Chief of Staff, in the first term of the Clinton Administration.

8.

Erskine Bowles returned to Charlotte, North Carolina and to the field of finance again in October 1998.

9.

Erskine Bowles was asked by North Carolina Governor Jim Hunt to head a task force on rural economic prosperity.

10.

In 2004, Erskine Bowles campaigned again for the Senate, seeking to fill the seat being vacated by fellow Democrat John Edwards.

11.

Erskine Bowles faced Republican Richard Burr and Libertarian Tom Bailey in a hotly contested race.

12.

On October 3,2005, Erskine Bowles was elected by the University of North Carolina's Board of Governors to succeed Molly Corbett Broad as President of the system, even though some suggest that the Board of Governors broke the law in not holding public hearings in the hiring process.

13.

Erskine Bowles spoke at the campus memorial service in memory of slain student body president Eve Carson.

14.

On February 12,2010, Erskine Bowles announced his retirement from the UNC System.

15.

Surprised by the rejection, Erskine Bowles later stated he believed that Obama decided to abandon the report and let [incoming House Budget Chairman] Paul Ryan go first, and then he would look like the sensible guy in the game, based on advice from his political advisers and over the objections of his economic team.

16.

Erskine Bowles has been a member of the board of directors of General Motors, Morgan Stanley, Norfolk Southern Corporation, and North Carolina Mutual Life Insurance Company and serves on the North Carolina Advisory Board of DonorsChoose.