Gerry Parsky
Encyclopedia
Gerald Parsky is an American
politician, who has served as chairman of the Board of Regents of the University of California
, as well as several sub-cabinet positions under Richard Nixon
, Gerald R. Ford, Ronald Reagan
, George H.W. Bush and George W. Bush
.
Parsky has received appointments from each of the past five Republican
administrations. His service has included positions at the U.S. Departments of Treasury and Energy (Nixon
); as Assistant Secretary for International Affairs with the U.S. Department of Treasury (Ford); the President’s Council on Productivity (Reagan
); the President’s Export Council (George H.W. Bush) and the President’s Commission to Strengthen Social Security
(George W. Bush
). Parsky serves as a Trustee to both the Ronald Reagan Presidential Foundation and the George (H.W.) Bush Presidential Library Foundation in Texas
.
Gerald Parsky participates with several community, political and educational interests. He serves on the Board of Directors for the Los Angeles
’ Music Center Foundation. Parsky has spearheaded three Republican presidential campaigns, first as Chairman of the 1996 Republican National Convention
Host Committee, next as the California
organizer for then-Governor George W. Bush of Texas during the primary of 2000 and finally as the Bush-Cheney
California Chairman in both 2000 and 2004.
Appointed to a twelve year term as Regent of the University of California
by Governor Pete Wilson
, Gerald Parsky was elected unanimously by his peers to serve as their Chairman. Chairman Parsky oversaw the Regents’ governance of the university’s vast array of endeavors including oversight and negotiations on behalf of the U.S. nuclear labs at Los Alamos
and Lawrence Livermore
, student admissions, expansion of the U.C. Merced campus, as well as budget and fiscal issues including pension plans for the faculty and staff of one of the finest public institution of higher education in the country.
In this role, he came under scrutiny for his efforts to change the UC Retirement System by leading the charge to ease out a publicly employed manager in the early part of the decade in favor of work by an array of highly paid fund managers. In the process, the UC Retirement fund has gone from one in which members did not need to pay, to one in which they will be asked to make contributions for the first time since 1990. Parsky was forced out in 2006 after a series of newspaper articles describing funding scandals and a lax conformity to University of California hiring and compensation rules.
Gerald Parsky serves as Chairman of Aurora Capital Group, a Los Angeles based investment firm formed in 1991 that acquires and builds companies in partnership with operating management. Gerald Parsky also serves on the investment committee of Aurora Resurgence, a Los Angeles based private equity firm investing in the debt and equity securities of struggling middle market companies.
Parsky holds a Juris Doctor
degree from the University of Virginia
Law School and a bachelor of arts
in English
from Princeton University
in New Jersey
.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
politician, who has served as chairman of the Board of Regents of the University of California
University of California
The University of California is a public university system in the U.S. state of California. Under the California Master Plan for Higher Education, the University of California is a part of the state's three-tier public higher education system, which also includes the California State University...
, as well as several sub-cabinet positions under Richard Nixon
Richard Nixon
Richard Milhous Nixon was the 37th President of the United States, serving from 1969 to 1974. The only president to resign the office, Nixon had previously served as a US representative and senator from California and as the 36th Vice President of the United States from 1953 to 1961 under...
, Gerald R. Ford, Ronald Reagan
Ronald Reagan
Ronald Wilson Reagan was the 40th President of the United States , the 33rd Governor of California and, prior to that, a radio, film and television actor....
, George H.W. Bush and George W. Bush
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....
.
Parsky has received appointments from each of the past five Republican
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...
administrations. His service has included positions at the U.S. Departments of Treasury and Energy (Nixon
Richard Nixon
Richard Milhous Nixon was the 37th President of the United States, serving from 1969 to 1974. The only president to resign the office, Nixon had previously served as a US representative and senator from California and as the 36th Vice President of the United States from 1953 to 1961 under...
); as Assistant Secretary for International Affairs with the U.S. Department of Treasury (Ford); the President’s Council on Productivity (Reagan
Ronald Reagan
Ronald Wilson Reagan was the 40th President of the United States , the 33rd Governor of California and, prior to that, a radio, film and television actor....
); the President’s Export Council (George H.W. Bush) and the President’s Commission to Strengthen Social Security
Social Security (United States)
In the United States, Social Security refers to the federal Old-Age, Survivors, and Disability Insurance program.The original Social Security Act and the current version of the Act, as amended encompass several social welfare and social insurance programs...
(George W. Bush
George W. Bush
George Walker Bush is an American politician who served as the 43rd President of the United States, from 2001 to 2009. Before that, he was the 46th Governor of Texas, having served from 1995 to 2000....
). Parsky serves as a Trustee to both the Ronald Reagan Presidential Foundation and the George (H.W.) Bush Presidential Library Foundation in Texas
Texas
Texas is the second largest U.S. state by both area and population, and the largest state by area in the contiguous United States.The name, based on the Caddo word "Tejas" meaning "friends" or "allies", was applied by the Spanish to the Caddo themselves and to the region of their settlement in...
.
Gerald Parsky participates with several community, political and educational interests. He serves on the Board of Directors for the Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
’ Music Center Foundation. Parsky has spearheaded three Republican presidential campaigns, first as Chairman of the 1996 Republican National Convention
Republican National Convention
The Republican National Convention is the presidential nominating convention of the Republican Party of the United States. Convened by the Republican National Committee, the stated purpose of the convocation is to nominate an official candidate in an upcoming U.S...
Host Committee, next as the California
California
California is a state located on the West Coast of the United States. It is by far the most populous U.S. state, and the third-largest by land area...
organizer for then-Governor George W. Bush of Texas during the primary of 2000 and finally as the Bush-Cheney
Dick Cheney
Richard Bruce "Dick" Cheney served as the 46th Vice President of the United States , under George W. Bush....
California Chairman in both 2000 and 2004.
Appointed to a twelve year term as Regent of the University of California
University of California
The University of California is a public university system in the U.S. state of California. Under the California Master Plan for Higher Education, the University of California is a part of the state's three-tier public higher education system, which also includes the California State University...
by Governor Pete Wilson
Pete Wilson
Peter Barton "Pete" Wilson is an American politician from California. Wilson, a Republican, served as the 36th Governor of California , the culmination of more than three decades in the public arena that included eight years as a United States Senator , eleven years as Mayor of San Diego and...
, Gerald Parsky was elected unanimously by his peers to serve as their Chairman. Chairman Parsky oversaw the Regents’ governance of the university’s vast array of endeavors including oversight and negotiations on behalf of the U.S. nuclear labs at Los Alamos
Los Alamos National Laboratory
Los Alamos National Laboratory is a United States Department of Energy national laboratory, managed and operated by Los Alamos National Security , located in Los Alamos, New Mexico...
and Lawrence Livermore
Lawrence Livermore National Laboratory
The Lawrence Livermore National Laboratory , just outside Livermore, California, is a Federally Funded Research and Development Center founded by the University of California in 1952...
, student admissions, expansion of the U.C. Merced campus, as well as budget and fiscal issues including pension plans for the faculty and staff of one of the finest public institution of higher education in the country.
In this role, he came under scrutiny for his efforts to change the UC Retirement System by leading the charge to ease out a publicly employed manager in the early part of the decade in favor of work by an array of highly paid fund managers. In the process, the UC Retirement fund has gone from one in which members did not need to pay, to one in which they will be asked to make contributions for the first time since 1990. Parsky was forced out in 2006 after a series of newspaper articles describing funding scandals and a lax conformity to University of California hiring and compensation rules.
Gerald Parsky serves as Chairman of Aurora Capital Group, a Los Angeles based investment firm formed in 1991 that acquires and builds companies in partnership with operating management. Gerald Parsky also serves on the investment committee of Aurora Resurgence, a Los Angeles based private equity firm investing in the debt and equity securities of struggling middle market companies.
Parsky holds a Juris Doctor
Juris Doctor
Juris Doctor is a professional doctorate and first professional graduate degree in law.The degree was first awarded by Harvard University in the United States in the late 19th century and was created as a modern version of the old European doctor of law degree Juris Doctor (see etymology and...
degree from the University of Virginia
University of Virginia
The University of Virginia is a public research university located in Charlottesville, Virginia, United States, founded by Thomas Jefferson...
Law School and a bachelor of arts
Bachelor of Arts
A Bachelor of Arts , from the Latin artium baccalaureus, is a bachelor's degree awarded for an undergraduate course or program in either the liberal arts, the sciences, or both...
in English
English studies
English studies is an academic discipline that includes the study of literatures written in the English language , English linguistics English studies is an academic discipline that includes the study of literatures written in the English language (including literatures from the U.K., U.S.,...
from Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....
in New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...
.