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RFF Appoints Three New Board Members

RFF is pleased to announce the appointments of three new members to its Board of Directors.

David Hawkins
Director, Climate Center, Natural Resources Defense Council (NRDC)

David Hawkins joined NRDC as an attorney in 1971 and worked on air pollution issues until 1977, when he was appointed assistant administrator for air, noise, and radiation at the US Environmental Protection Agency during the Carter administration. He returned to NRDC in 1981 and worked throughout the next decade primarily on reauthorizing the Clean Air Act. Hawkins was the director of NRDC’s air and energy program from 1990 to 2001, when he became director of its new climate center.

Hawkins is a recognized expert on advanced coal technologies and carbon capture and storage, and he is working at national and international levels to promote actions to lessen human-induced climate destruction. He has an English degree from Yale College and a law degree from Columbia University. He has served previously on RFF’s Board of Directors, from 2002 to 2011.

Bob Litterman

Chairman, Risk Committee, Kepos Capital

Prior to joining Kepos Capital in 2010, Litterman spent a 23-year career at the Goldman Sachs Group, where he served in research, risk management, investments, and thought leadership roles. He oversaw the Quantitative Investment Strategies Group and Global Investment Strategies, and he became a partner at Goldman Sachs in 1994. Prior to that role, he was co-head of the Fixed Income Research and Model Development Group with Fischer Black. He is the co-developer of the Black- Litterman Global Asset Allocation Model, a key tool in investment management, and has coauthored books, including The Practice of Risk Management and Modern Investment Management: An Equilibrium Approach. Litterman has a PhD in economics from the University of Minnesota. He is the inaugural recipient of the S. Donald Sussman Fellowship at the MIT Sloan School of Management and serves on a number of boards, including Commonfund, the Sloan Foundation, and the World Wildlife Fund.

Henry Schacht
Managing Director and Senior Adviser, Warburg Pincus

Henry Schacht joined Warburg Pincus in 1995. During leaves of absence, he served as chairman and chief executive officer and then again as chairman of Lucent Technologies. Prior to joining Warburg Pincus, Schacht was chairman and chief executive officer of Cummins Engine Company. He is a senior adviser to the Board of Directors of Alcoa and previously served as a director of Alcoa, Alcatel-Lucent, AT&T, Avaya, CBS, Chase Manhattan, Lucent, the New York Times, and Johnson & Johnson. He is a former member of the Business Council and the Business Roundtable. Schacht is a trustee of the Metropolitan Museum of Art, former chairman of the Board of Trustees of the Ford Foundation, and a former trustee of Yale University and the Rockefeller Foundation. He graduated from Yale University and has an MBA from Harvard Business School.

RFF Welcomes New Center Fellow Brian Flannery

RFF recently welcomed Brian Flannery to its staff as a center fellow in RFF’s Center for Climate and Electricity Policy. Flannery is retired from the Exxon Mobil Corporation, where he served as its science, strategy, and programs manager in the Environmental Policy and Planning Department. While at Exxon, he played a leadership role in the creation of the Joint Program on the Science and Policy of Global Change at MIT and the Global Climate and Energy Project at Stanford University.

Currently, Flannery also collaborates with the Joint Global Change Research Institute and serves as chair of the Business Engagement Task Force of the Major Economies Business Forum and the Green Economies Dialogue project.

He received a PhD in astrophysics from the University of California, Santa Cruz, and pursued research at the Institute for Advanced Study as a professor at Harvard University. He is coauthor of the widely used reference Numerical Recipes: The Art of Scientific Computing.

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