CoB Economic Summit


Video Highlight of the 2013 SJSU Economic Summit


Confirmed Panelists:

7:30 am - 8:15 am

Registration and Continental Breakfast

8:15 am - 8:20 am

Welcome by  Dr. David M. Steele, Lucas College and Graduate School of Business 

8:20 am - 9:25 am

Panel Presentations

9:25 am - 10:00 am

Q&A discussion moderated by Mr. Matthew Mahood, President of Silicon Valley San Jose Chamber of Commerce

10:00 am

Event concludes


This event is wheelchair accessible. Individuals needing other accommodations or for more information, please send an email to

Directions & Parking:

Event Sponsors:


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Dr. David M.Steele

Dean David SteeleDr. Steele joined San Jose State University (SJSU) in July, 2008 as Dean, Lucas College and Graduate School of Business. Previously, he was Dean of the Silberman College of Business at Fairleigh Dickinson University, the largest private university in New Jersey. It includes the prestigious Rothman Institute of Entrepreneurial Studies. Dr. Steele was also Professor and Dean of the College of Business at Florida Institute of Technology, a leader in science, engineering and business in the Florida “Space Coast”.

Dr. Steele also has over 25 years of richly varied executive experience in Global business development, finance, and engineering in the petroleum and IT industries. He rose through the ranks of Chevron Corporation (ranked Fortune # 3 today) to become President of Chevron Latin America. He had a broadly diversified career track in R&D, project engineering, finance, strategic planning, and IT before moving to senior executive management as Vice President Finance of a $7.3 billion division; and operational positions, including President of Chevron Latin America. Responsible for activities in over 30 countries, he managed complex engineering projects with capital outlays of $950 million over 3 years in countries with difficult social, economic and political environments; and chaired the operating committee of an international consortium.

After leaving Chevron, Dr. Steele was an Executive Consultant to the founders of 4 international early-stage ventures, providing strategic, financial, and operational expertise and developing and executing worldwide strategic alliances. He also served as Interim CEO of one of these ventures, Online Resolution, Inc., a software startup. In addition, he was Interim CEO of a non-profit educational foundation based in The Netherlands, Kids 2020 Foundation, that helps children make better choices for themselves based on values.

At SJSU, he is building on the College's strengths by enhancing academic quality and student success; and by emphasizing practical business knowledge and global business education - the International Business concentration, the Study Abroad program, the new Thompson Global Internship Program, the new Global Leadership Advancement Center, and the SJSU Salzburg Program. Other priorities are to increase the size and reputation of the Lucas Graduate School, dramatically increase external funding, and strengthen ties with corporate, employer and industry associations. He is a member of the advisory boards for 1st ACT (Arts/Creativity/Technology) Silicon Valley and the Hispanic Foundation of Silicon Valley; and is a judge for the Silicon Valley “CFO of the Year” competition.

Born in Venezuela of Hispanic heritage, Dr. Steele-Figueredo attended Birmingham University in England, receiving BS and Ph.D. degrees in Chemical Engineering. He later completed graduate business training at UC Berkeley and at the Wharton School. He has achieved distinction as an industry leader for programs on safety, educational, and environmental issues and was awarded the prestigious Rafael Urdaneta Medal for outstanding public service in Venezuela. He has lived in 8 countries in South America, Asia, Europe and the Caribbean and is fluent in Spanish.

John Chiang

John ChiangJohn Chiang was first elected in November 2006 to serve as Controller of the State of California, the ninth-largest economy in the world. He was elected to serve a second term in November 2010.

Since taking office in January 2007, Controller Chiang took immediate action to make the State’s finances more transparent and accountable to the public and to weed out waste, fraud and abuse of public funds. The Controller’s aggressive audits have identified more than $3.5 billion in taxpayer dollars that were denied, overpaid, subject to collection, or resulted in revenues, savings and cost avoidance.

As Controller during the worst economic downturn since the Great Depression, Chiang was forced to delay payments and issue IOUs in order to preserve cash to meet obligations to education and bond holders. His cash management was cited by rating agencies as a benefit to the State. Fitch Ratings lauded the Controller for using “several strategies, including payment deferrals and IOUs, to ensure continuation of priority payments.” Standard & Poor’s said the Controller’s “extraordinary cash management maneuvers” protected the state's priority payments, and California Municipal Bond Advisor noted, “State Controller Chiang has been a hero of sorts to us during California’s recent distress because he did just what he was supposed to do to protect bondholders.”

He has led efforts to reform the State’s public pension systems, helped local governments navigate difficult economic times, protected California’s precious natural resources, reunited rightful owners with more than $2 billion in unclaimed cash and nearly 157 million shares of stocks and securities that had been lost or forgotten, and launched financial and tax assistance seminars for California’s working families, seniors, small businesses and non-profit organizations.

Controller Chiang has received numerous awards for his leadership and public service, including the 2007 California Association of School Board Officer’s Honor Roll Award; the 2009 Jewish Labor Committee Max Mont Mensch Award; the Pat Brown Institute’s 2010 Public Servant of the Year; the 2010 Crystal Eagle Award from Coro Southern California; the 2011 Marvin Greene Award from the Los Angeles County Bar Association Business and Corporations Law Section; and in February 2011, he received the Association of Government Accountants William R. Snodgrass Distinguished Leadership Award for improving financial management practices and consistently exhibiting the highest personal and professional standards.

Chiang and his wife, Terry Chi, live in Torrance, California.

Dr. charlie gay

Mr. Charlie GayDr. Charlie Gay was named president of Applied Solar and chairman of the Applied Solar Council at Applied Materials, Inc. in 2009. As president of Applied Solar, Dr. Gay is responsible for positioning the Company’s solar efforts with important stakeholders in the industry, technical community and particularly governments around the world. As chairman of the Applied Solar Council, Dr. Gay leads a cross-company forum to assure cohesiveness of solar-related initiatives and strategy related to technology, and market development. An industry veteran with more than 35 years of solar experience, he joined Applied in 2006 as corporate vice president, general manager of the Solar Business Group.  In July 2011 he was recognized as an Applied Materials Fellow for his outstanding technical contributions toward the company’s success.  Dr. Gay is also founder of the Greenstar Foundation that delivers solar power and internet access for health, education and microenterprise projects to developing world villages.  Greenstar has been recognized for its innovation by the World Bank, the Stockholm Challenge, the Technology Empowerment Network and the Tech Museum Awards.

Dr. Gay began his career in 1975 designing solar power system components for communications satellites at Spectrolab, Inc. and later joined ARCO Solar, where he established the research and development program and led the commercialization of crystalline silicon and thin film technologies. In 1990, Dr. Gay became president and chief operating officer of Siemens Solar Industries and from 1994 to 1997, he served as director of the U.S. Department of Energy’s National Renewable Energy Laboratory, the world’s leading laboratory for energy efficiency and renewable energy research and technology. In 1997, Dr. Gay served as president and chief executive officer of ASE Americas, Inc., and in 2001 became chairman of the advisory board at SunPower Corporation.

Dr. Gay holds a doctorate degree in physical chemistry from the University of California, Riverside. He holds numerous patents for solar cell and module construction and is the recipient of the Gold Medal for Achievement from the World Renewable Energy Congress.

Dr. Christopher Thornberg

Dr. Christopher ThornbergDr. Christopher Thornberg is a founding partner of Beacon Economics, LLC and widely considered to be one of California's leading economic forecasters. An expert in economic forecasting, regional development, real estate dynamics, and labor markets, he was one of the earliest and most adamant predictors of the housing market crash and of the economic recession that has followed. He currently serves as chief economist to the Office of California State Controller John Chiang, and is Chair of the Controller's Council of Economic Advisors. He also serves on the advisory board of Paulson & Co. Inc., one of Wall Street's most successful hedge funds.

A highly sought-after speaker, Dr. Thornberg regularly presents to leading business, government, and nonprofit organizations. These groups include REOMAC, the California State Association of Counties, and the California and Nevada Credit Union League, among many others. Recently, he testified before the U.S. Congress House Committee on Financial Services on municipal debt issues.

Dr. Thornberg has been involved in a number of special studies measuring the effect of important events on the economy, including the NAFTA treaty, the California electricity crisis, port security, California's water transfer programs, and the terrorist attacks of September 11, 2001. Additionally, he serves on the editorial board of Pepperdine University's Graziadio School of Business and Management's Graziadio Business Report -- a quarterly peer-reviewed publication published by the Graziadio School of Business and Management at Pepperdine University, and is a member of America’s Edge, a non-profit organization focused on strengthening businesses and the economy through public investments in youth and education.

Prior to launching Beacon, Dr. Thornberg was a senior economist with UCLA's Anderson Forecast where he regularly authored economic outlooks for California, Los Angeles, and the East Bay, and developed specialized forecasts for a variety of public and private entities. He previously taught in the MBA program at UCLA's Anderson School, in the Rady School of Business at UCSD, and at Thammasat University in Bangkok, Thailand. He has also held a faculty position in the economics department at Clemson University.

A well-known media commentator, Dr. Thornberg has appeared on CNN and NPR and is regularly quoted in major national dailies including the Wall Street Journal and New York Times.

Originally from upstate New York, Dr. Thornberg holds a Ph.D in Business Economics from The Anderson School at UCLA, and a B.S. in Business Administration from the State University of New York at Buffalo.

 Mr. Matthew R. Mahood 

Matthew R. MahoodMr. Mahood (pronounced May-hood) serves as the President & CEO of the San Jose Silicon Valley (SJSV) Chamber of Commerce, one of California’s largest chambers of commerce with nearly 1,500 member businesses who employ roughly 250,000 employees throughout the five-county Silicon Valley region. His extensive background as an executive in business operations spans two decades and extends through the private and non-profit sector industries

Under his leadership as President and CEO since July 2011the SJSV Chamberhas reengineered program and product offerings to increase its membership value, and has become more engaged throughout Silicon Valley while working to expand and attract business and jobs to the region. Mr. Mahood oversees a staff of 15 and an annual operating budget of $2.5 million.

Serving as the “leading voice of business” and representing the interests of his members, Mr. Mahood is actively sought for speaking engagements and media interviews in order to provide the business perspective on important issues. To further the SJSV Chamber’s mission, Mr. Mahood partners with executive officers of numerous organizations, providing guidance on strategic planning, management objectives, program management, problem solving, collaboration and public affairs.

 In February 2011, Mahood was recognized as the Western Association of Chamber Executives 2010 “Executive of the Year”, comprised of more than 720 members throughout 14 states. The award is given each year to the chamber executive who has excelled in financial management, communications,  government affairs, membership programs and community services performed by the chamber.

 Mr.Mahood started his career with United Parcel Service, later joining FedEx, BAX Global and Webvan.comin various management and senior level management positions focused on operations, customer service, sales, human resources, marketing and general management.

Mahood is a board member of several community and civic organizations, including the Western Association of Chamber Executives and the Regional Economic Association Leaders (R.E.A.L.) Coalition. Mahood earned a B.S. Business Administration - Organizational Communication and Public Relations from California State University, East Bay.