In August 2007, David H. McCormick was sworn in by Secretary Henry M. Paulson Jr. as Under Secretary for International Affairs at the U.S. Treasury Department. In this capacity, he is principal advisor to the Secretary of the Treasury on international economic issues and oversees U.S. investment policy, international finance, trade in financial services, and economic development. He also leads U.S. coordination of financial market policy with the Group of Seven industrialized countries.
Before assuming the role of Under Secretary, Mr. McCormick was Deputy National Security Advisor to the President responsible for U.S. international economic policy, foreign assistance, and humanitarian affairs. In this capacity, he was also the President’s personal representative to the Group of Eight industrialized countries. Prior to the White House, Mr. McCormick served as the Under Secretary of Commerce for Export Administration with global policy and law enforcement responsibilities for high technology trade and controls.
Earlier in his career, Mr. McCormick was President and CEO of FreeMarkets and President of Ariba, two publicly-traded software and services companies. He also worked as a consultant for McKinsey & Company. Mr. McCormick received a mechanical engineering degree from the U.S. Military Academy at West Point and a Ph.D. from the Woodrow Wilson School of Public and International Affairs at Princeton University. He is a former Army officer and a veteran of the first Gulf War.