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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release May 11, 1994

             PRESIDENT NAMES KOSKINEN AS OMB DEPUTY DIRECTOR 
                             FOR MANAGEMENT

The President today announced his intent to nominate John A. Koskinen as Deputy Director for Management of the Office of Management and Budget (OMB).

"John Koskinen has just the right qualifications for this job," the President said. "He has extensive management experience in both the private and public sector. Improving the management of the Federal government is a top priority of this Administration, and I expect John to be a great point man for that effort."

The Deputy Director for Management oversees OMB's management responsibilities in the Executive Branch, including regulatory review, financial management, and procurement. As part of his responsibilities, Koskinen will play a key role in implementing the Vice President's National Performance Review.

"I am looking forward to working with John," OMB Director Leon E. Panetta said. "He knows Washington, he knows organizations, and he has been an active member of his community. He has just the right blend of broad experience and management background for this demanding but critical job."

Mr. Koskinen is the President of the Palmieri Company, an asset management firm which assists business and government institutions in the management, disposition, and restructuring of diversified asset holdings and operating companies.

Prior to joining the Palmieri Company, Koskinen served as law clerk to Judge David L. Bazelon, Chief Judge of the U.S. Court of Appeals in Washington, D.C.. He also worked as an attorney with the firm of Gibson, Dunn & Crutcher in Los Angeles, served as a Special Assistant to the Deputy Executive Director of the National Advisory Commission on Civil Disorders, represented New York City in its Washington, D.C. office, and served as Administrative Assistant to Senator Abraham A. Ribicoff of Connecticut.

A graduate of Duke University and Yale Law School, Mr. Koskinen also did postgraduate work in international law at Cambridge University in Cambridge, England. Born in Cleveland, Ohio, he and his wife, the former Patricia Salz, and their two children, Cheryl and Jeffrey, live in Washington, D.C.

Koskinen will replace Philip Lader, who is now White House Deputy Chief of Staff.

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