The US-China Business Council has retained both its chair and vice chair.
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Not a week after being named a top tech visionary by Fortune Magazine, Disney CEO Bob Iger has been selected for another term as the vice chair of the US-China Business Council. The Council deals with commercial relations between the two nations.
Iger was elected to another two year term at a board meeting on Wednesday, which was chaired by Ellen Kullman, Chairman and CEO of DuPont. Kullman was also reelected the organization’s chair. Iger is the only corporate executive from the world of entertainment currently serving on the board which has representatives from the high tech, engineering and investment fields.
American entertainment corporations need to develop good relations with China. China’s market is a large source of revenue for their films, television shows and music. They are also filming more in China.
The US-China Business Council, Inc. (USCBC) is a private, nonpartisan, nonprofit organization of 220 American companies that do business with China. Founded in 1973, USCBC has provided information, advisory, advocacy, and program services to its members for more than three decades. It has offices in Washington, DC, Beijing and Shanghai.
USCBC’s states that its mission is to expand the US-China commercial relationship to the benefit of its membership and the US economy. It supports constructive engagement with China to eliminate trade and investment barriers and develop a rules-based commercial environment that is predictable and transparent to all parties.
Bob Iger has a Bachelor of Science degree in Television and Radio from Ithaca College’s Roy H. Park School of Communications. He began his career as a local weatherman and later became an executive with the ABC television network. When ABC was bought by Disney, Iger began to move up Disney’s corporate ladder.