Facebook Names Political and Business Leader Erskine Bowles to Board of Directors

Whether it’s gearing up for an IPO in the next year or two, or just trying to strengthen its ties to other power centers in the United States, Facebook has named Erskine Bowles to its board of directors.

Bowles might not be a familiar face in Silicon Valley, but he is on the Eastern seaboard due to a career that spans investment banking, politics and a stint in higher education.

From a leading political family in North Carolina, he started began his career at Morgan Stanley before cofounding an investment bank, holding key positions in the Clinton administration, founding another investment bank, running for senate a couple times, and holding top positions in the University of North Carolina education system.

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