As California’s banker, Treasurer John Chiang has the responsibility of managing the state’s investments and financing. We sat down with him recently to talk about the California economy and his calls for the state to increase affordable housing and for corporate boardroom diversity.
California State Treasurer John Chiang is on a mission to make California’s corporate board rooms more diverse. Chiang believes greater board diversity is simply good business, saying that those which choose to remain what Forbes once deemed “pale, male and stale” are “just not capturing the opportunities of the 21st century.”
Creating a viable housing market in the city’s core is a top priority of the Downtown Sacramento Partnership and the city of Sacramento.
Downtown Sacramento used to be a dump with a capital D. It was a place for work during the week, but crime and trash made people scatter on nights and weekends. That changed in the mid-1990s when property owners realized blight was bad for business and decided an urban overhaul was in order.
In 2012, the Capital Region ranked 48th of a total of 100 metro areas on total value of exports and 95th on export intensity. Can more be done?
Barry Broome has been tapped as the president and CEO of the newly formed Greater Sacramento Area Economic Council and will drive the organization’s mission to attract businesses to the Capital Region. His extensive background in economic development includes six years as the CEO of Southwest Michigan First and 10 years as the president and CEO of the Greater Phoenix Economic Council.
After a decade at the helm of Sacramento State’s College of Business Administration, Sanjay Varshney in late August accepted a position as a vice president and wealth advisor at Wells Fargo Bank—Wealth Management Group. Varshney is a professor of finance at Sac State. He is also the chief economist for the Sacramento Business Review, making him one of the region’s preeminent voices on economics, business and higher education.
California has long been known as the land of opportunity, but for too many residents, opportunity is receding. Inequality continues to rise even though California has one of the most progressive tax structures in the nation. Something more is needed.
Senate Bill 8 — the Upward Mobility Act — is one piece of legislation that has reared its ugly head and poses a real threat to small-business owners in California.
Momentum is shifting in the Capital Region, and young professionals are leading the charge. General skepticism is being replaced with emerging optimism and a renewed energy that’s providing the catalyst for growth and innovation across our cities. Here are the top ten young leaders we think you should be watching. They are driving the Capital Region’s evolution, and we anticipate you’ll see them at the forefront in 2015 and decades to come.