Glen S. Fukushima Explained

Glen S. Fukushima
Birth Date:9 September 1949
Nationality:American
Education:Deep Springs College
Stanford University (BA)
Harvard University (MA, MBA, JD)
University of Tokyo (Fulbright)
Occupation:Senior Fellow, Center for American Progress
Vice Chair, Securities Investor Protection Corporation
Spouse:Sakie T. Fukushima

Glen Shigeru Fukushima (born 1949) is a third-generation American of Japanese ancestry who has worked in academia, journalism, law, government, business, and in the nonprofit sector. Since September 2012, he has been a senior fellow at the Center for American Progress in Washington, D.C. In April 2022, he was confirmed by the U.S. Senate to serve as vice chairman of the Securities Investor Protection Corporation following his appointment by President Joe Biden.[1]

Fukushima was widely suggested as a potential U.S. Ambassador to Japan in 2020 due to his extensive experience in U.S.-Japan relations.[2] [3]

In 2022, Fukushima made the largest single private donation in history to the Fulbright Program in Japan establishing the Fulbright-Glen S. Fukushima Fund to expand study and research opportunities for Japanese and Americans.[4] In 2023, he donated $3 million to Deep Springs College.

Early life and education

Fukushima is a native of California and a Sansei.[5] He was raised as an Army brat in California and Japan living on U.S. military bases including Camp Sendai, Washington Heights, and Camp Zama.[6] [7] He attended elementary school in the northern California city of Monterey and in San Francisco. He attended Zama American High School in Japan and Gardena High School in Southern California.[8] [9]

Fukushima's undergraduate education started at Deep Springs College and he completed a degree in economics at Stanford University.[10] He completed an exchange year at Keio University in Tokyo during the 1971–1972 school year.[11] He is fluent in English and Japanese.[12]

After college, Fukushima worked in Tokyo from 1972 to 1974 working for The Asahi Shimbun and the Law Firm of Hamada and Yanagida. He also studied diplomatic history at the University of Tokyo while living in Japan.

Fukushima returned to the United States in 1974 and studied at Harvard University from 1974 to 1982. While at Harvard, he earned a MA in Regional Studies—East Asia and completed all coursework necessary for a PhD in Sociology except his dissertation on comparative U.S.-Japan antitrust law and policy.[13] He also attended the MBA program at the Harvard Business School was awarded a JD degree at the Harvard Law School.

While at Harvard, Fukushima worked as a teaching assistant to prominent sociologist David Riesman and influential Japanologists Ezra Vogel, and Edwin Reischauer. He was a contemporary of Francis Fukuyama.

Among Fukushima's academic distinctions at Harvard was a National Science Foundation fellowship. Upon completing his studies at Harvard, he conducted research at the Faculty of Law at the University of Tokyo as a Fulbright Fellow and Japan Foundation Fellow.

Career

Fukushima began his career as an attorney at the law firm of Paul, Hastings, Janofsky & Walker (now Paul Hastings) in Los Angeles from 1982 to 1985.

Office of the United States Trade Representative

Fukushima served as Deputy Assistant United States Trade Representative for Japan and China from 1988 to 1990.[14] [15] Prior to that, he served as Director for Japanese Affairs (1985–1988) at the Office of the United States Trade Representative (USTR). During his time at USTR, Fukushima gained a reputation as one of the most effective American trade negotiators with Japan and was instrumental in opening up markets for a variety of American industries.[16]

He was largely responsible for the success in opening Japanese markets to US products and services during that period. Based on his experience at USTR, he wrote a memo (Repairing the U.S.-Japan Relationship, January 4, 1994) that ended up on the desk of U.S. President Bill Clinton. Clinton added favorable annotations and circulated it widely to his cabinet and senior trade and economic officials during negotiations taking place under the US-Japan Framework Talks.[17]

Private sector work in Asia

After leaving the USTR in 1990, Fukushima was a senior business executive based in Asia until 2012.[18] He entered the corporate world at AT&T. In 1990, he was assigned to work in Tokyo as Vice President of AT&T Japan, where he headed public policy and business development.

In January 1993, he was offered the position of U.S. Assistant Secretary of Commerce for International Economic Policy, but declined to continue his private-sector career.[19] The person who later assumed the position, Charles Meissner, died with Secretary of Commerce Ron Brown and others in the 1996 Croatia USAF CT-43 crash.[20]

He served as president and CEO of Arthur D. Little Japan from 1998 to 2000, President & CEO of Cadence Design Systems Japan from 2000 to 2004, and co-president of NCR Japan from 2004 to 2005.[21] [22] In 2005, he became President & CEO of Airbus Japan, a position he held until 2010 when he became chairman and director, serving until 2012.[23]

Corporate boards

While working in the private sector in Japan, Fukushima served on a number of notable corporate boards. In 2001, he became the first American to serve on the board of directors of Mizuho Financial Group, then the largest banking group in Japan. Prior to Mizuho, he represented Cadence Design Systems on the board of directors of Innotech Corporation which it owned an interest in. He also served on the boards or advisory boards of such of companies such as the Industrial Bank of Japan, Daiwa Securities Group, Nissho Iwai, and Fidelity International.[24] [25]

American Chamber of Commerce in Japan

Fukushima served as vice president of the American Chamber of Commerce in Japan from 1993 to 1997 before being elected to serve as its president for two consecutive terms.[26] [27] At the conclusion of his term, The Japan Times noted his contributions raising the role and visibility of the Chamber in the Japanese business, government, and political world, including being the first president of the ACCJ in its 50-year history to be invited to address the Japan National Press Club.[28] [29]

Center for American Progress

Since September 2012, Fukushima has been based in Washington, DC as a senior fellow at the Center for American Progress (CAP), a public policy think tank. His work has focused on U.S. foreign economic policy, international political economy, and U.S.-Asia relations, especially Northeast Asia (China, Japan, Korea).[30]

Securities Investor Protection Corporation

In October 2022, President Joe Biden nominated Fukushima to the board of the Securities Investor Protection Corporation (SIPC).[31] Upon receiving Senate confirmation in April 2022, Fukushima was appointed by the President to serve as vice chairman of the board.[32] The SIPC was established by Congress in 1970 to assist investors in the case of the failure of a brokerage firm. It is led by a board comprising seven members, five appointed by the President and confirmed by the Senate, and two named by the U.S. Treasury and the Federal Reserve, each serving a term of three years.[33]

Think tanks and philanthropy

Fukushima is a significant donor to a number of non-profit organizations and has served on a number of nonprofit boards and government advisory councils in the United States, Japan, and Europe.

He has been a member of the Council on Foreign Relations since 1993.[34] He is also a member of the Tokyo Club and Tokyo Rotary Club.

Government

During the Clinton Administration, the White House appointed him vice chair of the Japan-U.S. Friendship Commission and the U.S. panel of Joint Committee on U.S.-Japan Cultural and Educational Interchange (CULCON).

Prior to the Clinton Administration, he was invited by president elect Bill Clinton to speak at the Little Rock Economic Summit on “Challenges and Opportunities for the United States in the Asia-Pacific Region."[35] [36]

Fukushima was a member of Hillary Clinton's Asia Policy Working Group during the 2016 presidential campaign.[37] He is a cofounder of the Coalition of Asian Pacific Americans for the 21st Century (CAPA21), a political action committee,[38] [39] [40] [41] and has served on the national committee of Latino Victory.[42]

Nonprofit boards

Fukushima has served on the board of numerous nonprofits in the United States and in Japan. These include the Japan Association of Corporate Executives and the America-Japan Society.[43] He has been a member of the Global Council of the Asia Society, President's Leadership Council of the Asia Foundation, the board of trustees of the Japanese American National Museum, the board of directors of the U.S.-Japan Council, the board of advisors of the Japan Policy Research Institute, and the board of directors of the Japan Society of Boston, the Japan Society of Northern California, the Japan Society of Washington, D.C., and the National Association of Japan-America Societies.[44] [45] [46] [47] [48] [49]

Fukushima has had a lifelong interest in education and has served on advisory boards at Stanford University (Asia-Pacific Research Center), Occidental College, and the University of California at San Diego.[50] More recently, he has served on several advisory boards at Harvard University: Asia Center, Law School, Program on U.S.-Japan Relations, and Program on Regional Studies–East Asia. In Japan, he has served as an advisor, board member, or on the faculty of Keio University, Waseda University, Rikkyo University, Tsukuba University, International Christian University, Kyoto University, and the University of Tokyo.[51] [52] [53] [54] [55] [56] [57]

Philanthropy

In 2023, he donated $3 million to endow the “Glen S. and Sakie T. Fukushima Fund at Deep Springs College which aims to bring world-class faculty to the college.[58] The donation was described as a "game changer for the academic pillar at Deep Springs" by Jefferson Cowie.[59]

Fukushima is also a patron of the arts. He is a major contributor to the San Francisco Museum of Modern Art and the Asian Art Museum in San Francisco.[60] [61] [62]

Fulbright Program donation

In 2022, Fukushima donated $1 million to the U.S.-Japan Fulbright exchange program, the largest donation ever made by an individual. The donation was announced at the U.S. Embassy Tokyo with President Joe Biden and Ambassador Rahm Emanuel present and established the Fulbright-Glen S. Fukushima Fund to expand study and research opportunities for Japanese and Americans.[63]

Publications

Books

Selected publications

Selected interviews

Selected presentations

Partial list of awards

References

  1. Web site: SIPC - SIPC Welcomes Glen S. Fukushima as Vice Chair of Board of Directors . 2023-03-16 . www.sipc.org.
  2. Web site: Reports . Rafu . 2020-12-10 . Glen Fukushima Suggested as Next Ambassador to Japan . 2023-02-24 . Rafu Shimpo . en-US.
  3. Web site: 2020-11-18 . Japan hedging bets despite welcoming change of US leadership . 2023-03-17 . South China Morning Post . en.
  4. Web site: May 22, 2022 . New $1 million Fulbright-Glen S. Fukushima Fund to Expand U.S.-Japan Study and Research . live . https://web.archive.org/web/20221206105750/https://jp.usembassy.gov/new-fulbright-fukushima-fund-to-expand-study-research/ . December 6, 2022 . February 24, 2023 . U.S. Embassy & Consulates in Japan.
  5. Web site: Hadar . Leon . January 2, 2016 . Beyond bridging US-Japan ties . 2023-04-10 . The Business Times.
  6. Web site: U.S. Embassy—Japan biography of Glen S. Fukushima . February 27, 2023 . Embassy of the United States, Tokyo.
  7. Web site: July 24, 2006 . San Francisco Japantown 100th Anniversary Symposium . Japanese American Veterans Association. https://web.archive.org/web/20221012163355/http://www.javadc.org/Don%27t%20be%20a%20bridge%20-%20Fukushima%20speech.htm . 2022-10-12 .
  8. Web site: Gittler . Juliana . 'Army brats' return to Zama after 40 years . 2023-02-27 . Stars and Stripes . en.
  9. News: 1965 . 1965 Zama American High School Yearbook .
  10. Book: Lewis, Charles . America's Frontline Trade Officials . . 1990 . Washington, DC . 189.
  11. Web site: 新春対談：グローバル・シチズンを育てる学塾へ｜特集｜三田評論ONLINE . 2023-04-23 . 三田評論 . ja.
  12. News: Lublin . Joann . Mr. and Mrs. International . The Wall Street Journal.
  13. Web site: Kenrick . Vivienne . 2001-06-02 . Glen S. Fukushima . 2023-03-26 . The Japan Times . en-US.
  14. News: Weisman . Steven R. . 17 May 1990 . U.S.-Japan trade talks prove fruitless . . 25 February 2011.
  15. News: Weisman . Steven . 1990-03-16 . Trade Talks Fail to Produce Gains for U.S. or Japan . 2024-03-18 . The New York Times.
  16. Web site: Hamamoto . Ben . August 24, 2009 . Glen S. Fukushima . 2023-02-27 . Discover Nikkei . en.
  17. Book: Uriu, Robert M. . Clinton and Japan : the impact of revisionism on US trade policy. . 2009 . Oxford University Press . 978-0-19-171281-4 . Oxford . Negotiating the Framework: Doomed from the Start? . 813289203.
  18. Web site: Glen S. Fukushima Bio . March 16, 2023.
  19. Web site: Glen S. Fukushima - Japan Policy Research Institute . 2023-04-23 . . en-US.
  20. Web site: Farrell . Diane . April 2, 2021 . h125 Years Later: Honoring the Memory of the Lives Lost on April 3, 1996 . International Trade Administration . United States Department of Commerce.
  21. Web site: Parkinson . Kazuma . Japanese Americans & Japan: Legacies – Interview with Glen S. Fukushima . March 16, 2023 . US-Japan Council.
  22. News: Brooke . James . 15 October 2004 . Koizumi provokes tempest with U.S. election comment . . 25 February 2011.
  23. Web site: September 9, 2014 . America's Asia Policy: Whither the Asia Pivot/Rebalance? . . Speech.
  24. McNeill . David . 2023-03-08 . Will Japan's new ¥10-trillion university fund lift research performance? . Nature . en . 615 . 7951 . S84–S85 . 10.1038/d41586-023-00665-2. 36890388 . 2023Natur.615S..84M . 257407642 . free .
  25. Web site: SIPC - Glen S. Fukushima . 2024-03-18 . www.sipc.org.
  26. Web site: News Analysis: Hubris and Humility as U.S. Waxes and Asia Wanes . 2023-03-16 . archive.nytimes.com.
  27. Web site: 1998-12-08 . Fukushima re-elected as ACCJ president . 2024-07-16 . The Japan Times . en.
  28. Web site: Daimon . Sayuri . 2000-01-17 . Fukushima exits chamber on bright note . 2023-05-29 . . en-US.
  29. Web site: 1998-01-16 . Remove laws to improve competitiveness, ACCJ head urges . 2024-07-16 . The Japan Times . en.
  30. Web site: U.S. will need more time for trade liberalization: former USTR official . 2023-05-29 . Nikkei Asia . en-GB.
  31. Web site: 2021-10-16 . Biden Names Fukushima to Securities Investor Protection Corp. . 2024-03-18 . Rafu Shimpo . en-US.
  32. Web site: 2022-04-13 . SIPC - SIPC Welcomes Glen S. Fukushima as Vice Chair of Board of Directors . live . https://web.archive.org/web/20230224141409/https://www.sipc.org/news-and-media/news-releases/20220413 . 2023-02-24 . 2023-02-24.
  33. Web site: SIPC - Statute and Rules . 2023-02-24 . www.sipc.org.
  34. Web site: Glen S. Fukushima . 2023-03-16 . The American Association of the Indo-Pacific . en.
  35. Web site: Fukushima . Glen S. . 1992-12-13 . PERSPECTIVE ON U.S.-JAPAN RELATIONS : Cool the Rhetoric and Get Serious : The two nations comprise 40% of the world's GNP; work on cooperation to chart new course for 21st Century. . 2023-04-10 . Los Angeles Times . en-US.
  36. Web site: Clinton Economic Conference C-SPAN.org . 2023-04-10 . www.c-span.org.
  37. Web site: 74th Memorial Day Service at Arlington National Cemetery . 2023-03-16 . java.wildapricot.org.
  38. Web site: Mr. Glen S. Fukushima Seminar "The 2016 U.S. Presidential Election and U.S.-Japan Relations" . 2023-03-16 . The Canon Institute for Global Studies . en.
  39. Web site: The Trump administration's trade policy: Back to the future? — United States Studies Centre . 2023-03-16 . www.ussc.edu.au.
  40. Web site: 2014-05-22 . About . 2023-04-23 . CAPA21 . en.
  41. Web site: Johnston . Eric . 2020-08-20 . Biden expected to push teamwork with Japan and Asian allies if he wins . 2023-03-16 . The Japan Times . en-US.
  42. Web site: 2015-12-03 . LVP Welcomes Glen S. Fukushima to National Committee . 2023-04-23 . Latino Victory . en-US.
  43. Web site: Glen Fukushima . 2023-03-16 . World Economic Forum . en.
  44. Web site: Glen Fukushima, member of The Asia Foundation President's Leadership Council . April 23, 2023 . The Asia Foundation.
  45. Web site: 米日カウンシル評議員会 . April 23, 2023 . . Japanese.
  46. Web site: NAJAS - Board of Directors . 2024-03-18 . us-japan.org.
  47. Web site: JANM Welcomes New Board Members Japanese American National Museum . 2024-03-18 . www.janm.org.
  48. Web site: U.S.-Japan Economic Collaboration at the State-Prefecture Level . U.S.-Japan Council.
  49. Web site: December 12, 1993 . 貿易摩擦の政治経済学 . ドイツ日本研究所.
  50. Web site: Advisory Board . 2024-03-18 . www.oxy.edu . en.
  51. Web site: 2023-04-11 . SPICE Offers Course in Collaboration with Waseda University’s School of . 2024-03-18 . Stanford University's Freeman Spogli Institute for International Studies . en.
  52. Web site: 日米経済摩擦 (現代の日米関係を考える(要旨)(連続公開講演会)) NDLサーチ 国立国会図書館 . 2024-03-18 . 国立国会図書館サーチ（NDLサーチ） . ja.
  53. Web site: 新春対談：グローバル・シチズンを育てる学塾へ｜特集｜三田評論ONLINE . 2024-03-18 . 三田評論 . ja.
  54. Web site: GLEN S. FUKUSHIMA . American Center Japan . ja.
  55. Web site: 六本木ヒルズクラブランチョンセミナー「トランプ政権一年目を振り返る」 . 2024-03-18 . アカデミーヒルズ . ja.
  56. Web site: グレン・S・フクシマ 第18回 日経フォーラム 世界経営者会議 講師プロフィール . 2024-03-18 . www.ngmf.jp.
  57. Web site: H27.09.24-25,28-30 企業金融（みずほ証券）寄附講座 グレン Ｓ. フクシマ客員教授による集中講義「Business-Government Relations from a Global Perspective」が行われました . 2024-03-18 . 京都大学経営管理大学院 . ja.
  58. Web site: 2024-05-13 . Fukushima Fellowship Created at Deep Springs College . 2024-07-16 . . en-US.
  59. Web site: Zink . Andy . On March 24, 2024, the President, Trustees, alumni, and friends of Deep Springs College… . 2024-04-18 . LinkedIn . en.
  60. Web site: Biennual Report July 1 2014 to June 30 2016 . San Francisco Museum of Modern Art.
  61. Web site: The Heart of Zen - Exhibitions - Asian Art Museum . 2024-05-05 . Exhibitions . en-US.
  62. Web site: A Guided Tour of Hell - Exhibitions - Asian Art Museum . 2024-05-05 . Exhibitions . en-US.
  63. Web site: Glen S. Fukushima: Crossing divides, building bridges . 2023-04-23 . Sustainable Japan by The Japan Times . en-US.
  64. Web site: Glen S. Fukushima: Will there be a Pacific trade war in 2018? . 2023-05-29 . Nikkei Asia . en-GB.
  65. Web site: Fukushima . Glen . 2019-07-22 . Bilateralism takes the lead after the Osaka G20 summit . 2023-04-23 . East Asia Forum . en.
  66. Web site: 2019-03-01 . A View from Japan . 2023-05-29 . The Asan Forum . en-US.
  67. Web site: 2020-11-20 . The G20's uncertain future . 2023-04-23 . East Asia Forum . en.
  68. Web site: 2020-01-20 . The Case of Abe Shinzo . 2023-05-29 . . en-US.
  69. Web site: Fukushima . Glen . 2021-04-28 . The United States and Japan agree in principle, but implementation is key . 2023-04-23 . . en.
  70. Web site: 2021-06-01 . Japan: Biden's Big Challenge . 2023-04-23 . Democracy Journal . en.
  71. Web site: What I Learned from the Fulbright Fellowship . 2023-05-29 . Japan Up Close . en.
  72. Web site: 2023-05-15 . Why I Contributed $1 Million to Fulbright Japan . 2023-05-29 . Fulbright Chronicles . en-GB.
  73. Web site: 2022-09-25 . 元米通商代表補代理フクシマ氏 「米、自由貿易回帰に時間」 . 2023-05-29 . . ja.
  74. News: Parkinson . Parkinson . 2021-02-04 . Japanese Americans & Japan: Legacies – Interview with Glen S. Fukushima . 2024-05-05 . U.S.-Japan council.
  75. Web site: 11月24日（金）「波乱必至！アメリカ大統領選挙 第3のシナリオは？」 . 2024-05-06 . BS11+(BS11プラス) . . ja.
  76. Web site: 「バイデン政権の課題と日米関係」グレン・S・フクシマ米先端政策研究所上席研究員 日本記者クラブ JapanNationalPressClub (JNPC) . 2023-04-23 . . ja.
  77. Web site: 14 March 2024 . 「2024 米大統領選」(2) グレン・S・フクシマ米先端政策研究所上席研究員 . YouTube . Japan National Press Club . ja.

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