DOE Announces New Executive Director of Loan Guarantee Program

On November 10, 2009, DOE issued the press release announcing that Secretary Chu has named Jonathan Silver Executive Director of the Department’s loan program office.  In this role, Silver will oversee the Department's Loan Guarantee Program as well as the Advanced Technology Vehicles Manufacturing (ATVM) loan program.  Prior to his appointment, Silver was a venture capitalist and the Managing General Partner of Core Capital Partners, an early-stage investor in alternative energy, advanced manufacturing, telecommunications and software. Earlier, Silver was a Managing Director, and the Chief Operating Officer, of Tiger Management. He began his career at McKinsey and Company.  According to DOE, Silver has extensive public sector experience, having served as a policy advisor to the Secretaries of Commerce, Interior and Treasury in the 1990s. During this time, Silver was also a member of the team that negotiated the first clean car agreement with the nation's auto manufacturers. He has also served on numerous non-profit boards, including, for many years serving as Chairman of the board of American Forests.  Silver is a graduate of Harvard University and did graduate work at the Institute of Political Studies in Paris and the Graduate Institute of International Studies in Geneva. He has received both Fulbright and Rotary Graduate Fellowships.