of the Governor
proclaims new appointees to cabinet
Governor Jon S. Corzine today named Gary D. Rose to head the Governor's
Office of Economic Growth and in addition serve as chair of the
Governor's Economic Growth Council--a distinguished group of business
and labor leaders who will provide advice to Rose and the Governor
about the pragmatic steps needed to create jobs and expand business
opportunities. Additionally, Corzine also named Steven M. Goldman
as Commissioner of Banking and Insurance and Kris Kolluri as Commissioner
solve New Jersey's financial troubles we must not only cut spending
but also attract private sector investment," Corzine said. "Gary
Rose understands the economic factors that are important to businesses
looking to invest or relocate; he will be tremendous leader--mobilizing
state government to grow our economy."
went on to praise Goldman and Kolluri's leadership and experience,
saying, "I'm pleased that we've been able to recruit two more
outstanding commissioners who are excellent managers and have
a terrific grasp of the pressing issues. Both Steve Goldman and
Kris Kolluri understand the unique challenges facing their departments
and have assured me that they are as eager as I am to get New
Jersey back on track."
is a 25-year veteran and retired partner of the investment banking
division of Goldman Sachs. During his time with the firm he worked
closely with corporate clients assisting in the execution of strategic
transactions, mergers, acquisitions, and finances. Rose
earned a Masters in Business Administration from Harvard University,
a Jurist Doctorate from Georgetown University and a Bachelor of
Arts from the University of Pennsylvania. He lives in Short Hills
with his wife. They have two grown sons.
position is about jobs, strategy and focus. We need to use all
of our resources to fight for every good job all across our state,"
Rose said. This will require a strategic plan to focus those resources
and that is where the Commerce Secretary and Economic Growth Council
will be of great assistance. With that plan in hand, we intend
to bring the perspective of economic development to every relevant
area of state government."
is a senior member and 22-year veteran of Sills Cummis Epstein
& Gross PC. During his time at the firm his focus has revolved
around corporate law, focusing specifically on: mergers and acquisitions;
banking and finance; joint ventures; and leveraged buy-outs. Goldman
earned a Masters of Law in taxation from New York University School
of Law, a Jurist Doctorate from the George Washington University
School of Law and an Artium Baccalaureatus in political science
from Boston University. He lives in Woodcliff Lake with his wife
and they have three children.
eager to take on the challenges presented by the position," said
Goldman. "I look forward to working with the Governor to move
his agenda and the state forward."
Kolluri has been counsel at Parker McCay P.A. since January 2005
and is the firm's principal attorney for oversight of client matters
pertaining to transportation law. Previously he served as Assistant
Commissioner and Chief of Staff of the Department of Transportation.
While there, he was chief counselor to Commissioner Jack Lettiere
on all policy and administrative matters, and worked closely with
the legislature to reform the Division of Motor Vehicles. Kolluri
earned a Jurist Doctorate from Georgetown University, a Masters
in International Business from Johns Hopkins University and Bachelor
of Science from Rutgers University. He lives in West Windsor and
is married with two children.
a densely populated state like New Jersey, maintaining, expanding
and ensuring the safety and security of our vast transportation
system is not just a worthy goal, but a crucial duty," Kolluri
said. "While many challenges are ahead, I am honored that Governor
Corzine has asked me to join in his efforts to build a better
Chief of the Governor's Office of Economic Growth will oversee
the development and implementation of a strategic business plan
for New Jersey and coordinate the state's economic development
efforts across all sectors and departments. The post will work
hand in hand with the Secretary of Commerce to ensure that the
state's economic development plan is implemented into all relevant
ends and facets of state government.
Department of Banking and Insurance is responsible for regulating
the banking, insurance and real estate industries in New Jersey.
The department ensures the solvency of insurance companies within
the state; oversees the regulation of state-chartered depository
institutions, mortgage bankers and brokers; and reviews applications
from insurers looking to do business in New Jersey.
3,900 employees and a budget of $2.6 billion, the Department of
Transportation is charged with the construction, operation, maintenance
and management of the state's transportation infrastructure. There
are 2,344 miles of state-maintained roadways and 2,454 state bridges
in New Jersey.