Jeffrey Zients - Net Worth, Age, Height, Birthday, Bio, Wiki!

Explore Jeffrey Zients net worth, age, height, bio, birthday, wiki, and salary! Jeffrey D. Zients (born November 12, 1966) is an American chief executive officer, management consultant, and entrepreneur. Zients is currently the President of The Cranemere Group. From February 2014 to January 2017, he served as Director of the United States National Economic Council and President Obama’s Economic Advisor. Zients previously served as the acting director of the Office of Management and Budget. In this article, we will discover how old is Jeffrey Zients? Who is Jeffrey Zients dating now & how much money does Jeffrey Zients have?

Jeffrey Zients Biography

Jeffrey Zients is one of the most popular and richest Entrepreneur who was born on November 12, 1966 in Kensington, Kensington, United States. Zients founded and was the managing partner of privately held Portfolio Logic LLC, an investment firm primarily focused on health care services and business services companies, that included Pediatrics Services of America (home health care for pediatric patients), Best Practices (Emergency Services management), and Timbuk2 Designs (a retailer of backpacks, apparel and messenger bags). He was a member of the board of directors of XM Satellite Radio until its 2008 merger, and a board member at Sirius XM Radio until his Senate confirmation. Zients had also served on the boards of Revolution Health Group, Best Practices and Timbuk2 Designs.

Zients served as the Acting Director of OMB from July 2010 to November 2010, and again from January 2012 to April 2013. In 2011 President Obama tasked Zeints with reorganizing the Commerce Department to make it a hub for export-import policy. A year later the White House changed direction to shutter the Commerce Department completely. Journalists suggest the move was likely meant to demonstrate that Obama was not a ‘big government liberal” ahead of the election. By 2013 Zeints’s major concerns for the budget became economic recovery and putting the country on a “fiscally sustainable path”. He also led the Administration’s preparations for dealing with the “fiscal cliff” in 2012, and “oversaw the administration’s budget content and message, which are central to the president’s argument that he has a balanced plan for the economy, while Republicans would rip the country’s social fabric and undermine the education and infrastructure needed to succeed economically… [Zients] is Obama’s ambassador liaison with the CEOs on the President’s Jobs Council. One CEO thought he was a Republican. Others have said they want him to run their companies one day.”

As the Chief Performance Officer, Zients led the Obama Administration’s “Accountable Government Initiative”. Zients outlined the Initiative in a memo to the government’s Senior Executive Service in the fall of 2010. One primary area of focus was to reform how the government buys and manages information technology. To bring outside expertise into government, Zients organized a Forum on Modernizing Government at the White House in January 2010 that brought 50 private sector CEOs together with senior government managers and CIOs to discuss best practices in large-scale IT project management. This session informed subsequent actions, including ordering a halt on all major government financial system projects until a review was completed to eliminate long-standing problems, reduce costs and accelerate the delivery of functionality to end users. In November 2010, Zients announced an execution plan for overcoming the long-standing structural challenges that plague government IT.

In 2005, he worked to bring Major League Baseball back to Washington with venture capitalist Fred Malek forming the Washington Baseball Club, one of eight or nine groups vying to buy the Washington Nationals. The Malek/Zients team included General Colin Powell, AOL founding CEO Jim Kimsey, attorney Vernon Jordan, Darrell Green formerly of the Washington Redskins, Fannie Mae chairman Franklin Raines and others. Malek was going to be the managing partner for the first three years when Zients would take over. They came close to owning the team but lost to another group led by the Lerner family.

Zients was the chairman (2001–2004), chief executive officer (1998–2000), and chief operating officer (1996–1998) of the Advisory Board Company and former chairman (2000–2001) of the Corporate Executive Board. Both companies were founded by David G. Bradley, and provide research and advice to corporations around the globe on best practices in management, strategy, and operations. Zients and Bradley took each of the companies public through successful initial public offerings that made both men multimillionaires. At age 35, Zients was named to Fortune Magazine’s “40 under 40”, with an estimated wealth of $149 million.

In 2009, President Barack Obama appointed him to the new position of United States Chief Performance Officer and Deputy Director for Management of the Office of Management and Budget in the federal government of the United States. According to Obama, his assignment was to help “streamline processes, cut costs, and find best practices throughout” the U.S. government. Zients replaced Nancy Killefer who withdrew from her nomination to this position in February 2009 to avoid controversy about her personal income taxes. His nomination was approved by the full Senate after a hearing on June 10, 2009, by the Senate Homeland Security and Governmental Affairs Committee who voted unanimously to approve him.

Jeffrey Zients Net Worth

Jeffrey is one of the richest Entrepreneur from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Jeffrey Zients's net worth $5 Million. (Last Update: January 13, 2024)

Zients was raised in a Jewish family, is a native of Kensington, Maryland, and lives in the Washington, D.C. area. He graduated in 1984 from St. Albans School, and earned a Bachelor of Science degree, summa cum laude from Duke University. Zients worked in management consulting for Mercer Management Consulting (now Oliver Wyman) and Bain & Company, until his appointment as chief operating officer of DGB Enterprises, a holding company for the Advisory Board Company, Corporate Executive Board, and Atlantic Media Company.

On December 1, 2013, HHS released a report on the site’s performance improvements, and held a press call to announce that the team had met Zients’s goal, with Zients reporting: “The bottom line is that HealthCare.gov is night and day from where it was on Oct. 1.”

Following the error-plagued launch of healthcare.gov on October 1, 2013, Zients was recruited by President Obama and his Chief of Staff Denis McDonough to lead a “tech surge” to fix the website. McDonough referred to Zients as a “force multiplier” who [delivers] what he promises. He said the president had given Mr. Zients the same instructions he had given White House staff: “Get this fixed.” While leading the “tech surge” to fix healthcare.gov, Zients’s private equity firm Portfolio Logic had holdings in the healthcare sector. The position of the White House was that Mr. Zients’s stake in PSA Healthcare, a pediatric home health business, was not a conflict of interest.

Ethnicity, religion & political views

Many peoples want to know what is Jeffrey Zients ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Jeffrey Zients's ethnicity is Not Known. We will update Jeffrey Zients's religion & political views in this article. Please check the article again after few days.

Zients led the Obama Administration’s work to strengthen job training – working with employers, community colleges and training providers to help Americans develop the skills necessary to compete in the 21st century economy. As part of this effort, the Administration launched the TechHire Initiative, a campaign to work with communities to get more Americans rapidly trained for well-paying technology jobs. On a conference call announcing the initiative, Zients said: “There are IT jobs in every corner of America, from big cities to small towns, from big businesses to small businesses, in every sector of the economy… Getting Americans trained to fill these well-paying jobs is not only the right thing to do, it’s also an economic imperative for the U.S.”

Who is Jeffrey Zients Dating?

According to our records, Jeffrey Zients married to Mary Menell. As of January 13, 2024, Jeffrey Zients’s is not dating anyone.

From 2014 to 2017, Zients served as Assistant to the President for Economic Policy and Director of the National Economic Council (NEC). As President Obama’s principal economic policy advisor, Zients was responsible for coordinating the development and execution of policy regarding all domestic and international economic issues.

Height, Weight & Body Measurements

Jeffrey Zients height Not available right now. Jeffrey weight Not Known & body measurements will update soon.

Zients also worked to further the Administration’s efforts on long-term investing, including working with the Labor Department to issue new guidance clarifying that pension plan fiduciaries can consider environmental, social, and governance or “ESG” factors – in assessing the economic merits of competing investment choices.

Zients’s assumption of the role of Director of the National Economic Council was delayed by his acceptance of an assignment from President Barack Obama to fix the problems of HealthCare.gov. According to Time’s March 2014 cover story “Obama’s Trauma Team”, Zients is widely credited with salvaging HealthCare.gov. As a result, he was often referred to as “Mr. Fix-It” within the Obama Administration.

Facts & Trivia

Jeffrey Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in United States. Jeffrey Zients celebrates birthday on November 12 of every year.

Zients worked with the Department of Labor to finalize the Fiduciary Rule, also known as the Conflict of Interest Rule, to protect American’s hard-earned savings by ensuring retirement advisers provide advice in their clients’ best interest. In remarks at the Bipartisan Policy Center in May 2015, Zients said: “Just as we all expect our doctors to give us the advice that’s best for our health and lawyers are duty-bound to represent their clients faithfully, families saving for retirement should be able to rest assured their financial advisers are always putting their best interest first…The conflict of interest rule is an important step forward in ensuring we have an economy that works for everyone. And that everyone who works hard and plays by the rules can get ahead. That’s central to middle-class economics, and it’s central to who we are as a Country.”

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