Saturday, May 4, 2013

Obama nominates Hyatt Hotel heir Penny Pritzker as commerce secretary on her May 2 birthday, president to speak at OSU commencement in Columbus on May 5

Penny Pritzker

From the Metro Desk of Cleveland Urban News.Com and The Kathy Wray Coleman Online News Blog.Com, Ohio's No 1 and No 2 online Black news venues (www.clevelandurbannews.comReach Cleveland Urban News.Com by email at and by phone at 216-659-0473
United States President Barack Obama
WASHINGTON, D.C.-President Obama on Thursday announced his nomination of philanthropist Penny Pritzker for U.S. commerce secretary, and it just happen to be Pritzker's birthday on that day of May 2. The president also announced that he will perform the keynote address for commencement ceremonies at The Ohio University in Columbus on May 5.

Both announcements make it clear that Obama knows that women, through his nomination of Pritzker, and Ohio, a pivotal state, matter in presidential elections. 

A fundraising strategist and heir to the Hyatt Hotel fortune Pritzker, 54, has 25 years of managerial experience in industry, and is a real estate and financial expert. She is rich, smart, and a woman.

"Penny understands that just as great companies strengthen the community around them, strong communities and skilled workers also help communities strive," said Obama in a press release to Cleveland Urban News.Com. "Penny is one of our country's most distinguished business leaders."

The president called Pritzker a skilled and respected entrepreneur that he takes pride in nominating as a member of his cabinet.

Pritzker is a member of the prestigious Pritzker family and co-founder and chairman of Artemis Real Estates Partners and PSP Capital Partners. She made the 2011 list of Forbes 400 wealthiest Americans as the 26th richest person in the nation, with an estimated U.S. worth of 1.7 billion.