Mill Valley financier appointed to CPUC
A Mill Valley financier has been appointed to serve on the California Public Utilities Commission, the governor's office announced Tuesday.
Democrat Mark Ferron, 52, was appointed by Gov. Jerry Brown to fill a vacancy on the five-member board, which includes CPUC President Michael Peevey.
"Commissioner Ferron brings tremendous experience in financial services to the CPUC and will be a real asset to us and to the state's consumers," Peevey said in a statement.
Ferron served as chief operating officer for Deutsche Bank's global markets division from 2002 to 2009, where he was responsible for global operations of fixed income, currency, commodity and equity markets.
Ferron previously worked as a vice president at Bank of America and Salomon Brothers, and is currently a senior partner at Silicon Valley Social Ventures and is a board fellow of the New Teacher Center.
Ferron's appointment requires approval from the state senate.
Annual compensation for a commissioner is $128,109.
california public utilities commission, mill valley, california news
- Frigid temperatures continue in the Bay Area
- Shooting victim found near school in Vallejo
- Palo Alto man says he was well-fed in North Korea
- Deep freeze grips most of United States
- Dawson go-ahead field goal lifts 49ers by Seattle
- Facebook considers adding "sympathize" button
- Paul Walker memorial in California draws thousands
- Time announces finalists for Person of the Year 56 min ago
- Family asks for help in finding SF hit-and-run driver
- Winter Spare the Air called for today
- Photos: Record low temperatures freeze the Bay Area
- abcnews: Newlyweds accused in thrill-kill murder
- roundup: Homeless shelter program; Windsor kidnapping
- weather: Bay Area weather forecast for Monday
Most Viewed StoriesMost Viewed Photos