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President Obama Meets with Powells and Leading CEOs on Making Investments to Ensure a Competitive US Workforce

Press Release

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Date:
Location: Washington, DC

Several CEOs Announce New Investments

Today, the President will host an education roundtable with business leaders, Secretary Duncan, Senior Advisor Valerie Jarrett, Domestic Policy Council Director Melody Barnes, America's Promise Alliance Chair Alma Powell and Founding Chair General Colin Powell to discuss building upon strong industry-led partnerships that are working to transform the American education system. Other corporate partners in attendance include representatives from the Business Roundtable, the U.S. Chamber of Commerce, the Business Coalition for Student Achievement, the Business-Higher Education Forum, and the United Way.

"A world-class education is the single most important factor in determining not just whether our kids can compete for the best jobs but whether America can outcompete countries around the world. America's business leaders understand that when it comes to education, we need to up our game. That's why were working together to put an outstanding education within reach for every child," said President Barack Obama.

The President's meeting with these leading CEOs builds on his continued leadership to work with the business community on the pressing needs of American education. Through efforts such as Change the Equation, with its focus on corporate investment in science, technology, engineering and math (STEM) education, Skills for America's Future with its support of business partnerships with community colleges, and the President's Council on Jobs and Competitiveness, the private sector is responding not just with financial support, but with commitments that take advantage of their areas of expertise and the skills of their employees.

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