Former Presidential Cabinet Member to Speak

Richard Darman, senior advisor of a global investment firm and former presidential cabinet member, will present “Global Change: Utopian Hopes and Cassandran Worries” at Wake Forest University on Wed., Nov. 11.

His presentation, free and open to the public, will begin at 2 p.m. in Pugh Auditorium. Darman will discuss the shifting of an ever-expanding global financial market to one threatened by political and economic disorder.

Darman is senior advisor of The Carlyle Group, a private, global investment firm based in Washington, D.C. He also teaches at Harvard’s John F. Kennedy School of Government as a public service professor.

Darman was previously a member of President George Bush’s cabinet and director of the U.S. Office of Management and Budget. Darman also held senior policy positions under former presidents Gerald Ford and Ronald Reagan.

As Reagan’s deputy secretary of the treasury, Darman was awarded the Alexander Hamilton Medal for his contributions to international economic policy coordination and to the enactment of the U.S. tax reform of 1986. Darman also served as assistant to the president during the Reagan administration. Darman served President Ford as the assistant secretary of commerce.

In the private sector, Darman was managing director of Shearson Lehman Brothers, Inc. and director of several public and private companies.

Daman’s talk is sponsored by the Year of Globalization and Diversity planning committee, the Calloway School of Business and Accountancy and the Babcock Graduate School of Management.

The Year of Globalization and Diversity is a yearlong look at the world’s development into a more global community. For more information about Darman’s talk or other events, call 336-758-5788 or visit

Categories: Events, Speakers