Today, the Committee for Economic Development (CED), an affiliate of The Conference Board, announced that Bernard C. Bailey will become its next President effective September 2018. Bailey succeeds Steve Odland, who, as previously announced, will become President and CEO of The Conference Board. Bailey brings over three decades of management experience to CED, where he has served as a long-time Trustee and currently co-chairs its Fiscal Health Subcommittee. Bailey most recently served as Chairman and CEO of Authentix Corporation, a leading global authentication and information services company. He has served on a number of publicly-traded and private company boards of directors, and is currently Chairman of Analogic Corporation and a director of Telos Corporation.

"For over 75 years, CED has distinguished itself as America's premiere non-partisan, business-led, public policy organization, and carrying on this tradition as its new leader is an honor," said Bailey. "I look forward to working with CED's staff, Trustees, and public officials on both sides of the aisle to continue developing reasoned solutions to the leading economic challenges facing our nation."

In addition to his business accomplishments, Bailey serves as an Adjunct Professor in the MBA Program at the Weatherhead School of Management at Case Western Reserve University. He has written and spoken extensively on policy issues including corporate governance and has served as an expert financial witness for the Delaware Court of Chancery, the major court responsible for oversight of publicly-traded companies.

"Bernard's distinguished background includes vast experience not only in business but also in the realms of policy, governance, and academia, which together make him a superb choice for leading CED," said Odland.

Upon completion of his undergraduate degree in engineering from the U.S. Naval Academy, Dr. Bailey served for eight years as an officer in the U.S. Navy. He holds advanced degrees in engineering from the University of California – Berkeley and the University of Southern California, an MBA from George Washington University, and a PhD in Management from Case Western Reserve University.

ABOUT THE COMMITTEE FOR ECONOMIC DEVELOPMENT: Founded in 1942, the Committee for Economic Development of The Conference Board (CED) is a nonprofit, nonpartisan, business–led public policy organization that delivers well–researched analysis and reasoned solutions to our nation's most critical issues. CED's work is grounded on seven core principles: sustainable capitalism, long–term economic growth, efficient fiscal and regulatory policy, competitive and open markets, a globally competitive workforce, equal economic opportunity, and nonpartisanship in the nation's interest. Learn more at www.ced.org.