Washington, DC - Apr 30, 2013 - The White House has announced that President Obama will nominate venture capitalist Thomas Wheeler to be the chairman of the Federal Communications Commission. Wheeler is currently managing director at Core Capital Partners, a venture capital firm based in Washington, DC. He has worked for several startup companies, and he has also worked as a lobbyist for the wireless and cable industries.
It's been stated that President Obama will make the announcement on May 1. From there, the Senate will have to confirm the nomination. He would replace Julius Genachowski, who has headed the Commission since June 2009.
Wheeler served as president of the CTIA from 1979 until 1984. He is also the cofounder of SmartBrief, an online news service. Wheeler worked in Obama's 2008 election campaign.
With Genachowski stepping out of the FCC, FCC Commissioner Mignon Clyburn will serve as acting chair of the FCC pending Wheeler's confirmation by the Senate.