WestExec Advisors explained

WestExec Advisors LLC
Type:Private
Location City:Washington, DC
Location Country:United States
Industry:Risk and strategic consulting

WestExec Advisors LLC is a consulting firm founded in 2017 by Antony Blinken, Michèle Flournoy, Sergio Aguirre, and Nitin Chadda, all former Obama administration officials.[1] [2] [3] Lisa Monaco, Robert O. Work, Avril Haines, David S. Cohen, and Jen Psaki have also been WestExec employees.[4] Richard Stengel, former President Obama's Under Secretary of State for Public Diplomacy and Public Affairs is a current employee.[5]

In an interview with The Intercept, Flournoy explained WestExec seeks to employ "people recently coming out of government" with "current knowledge, expertise, contacts, networks."[6] The firm and its partners avoid becoming registered lobbyists or foreign agents so that they can (re)enter government service without delays.[7] It does not disclose its clients, whose names are restricted from disclosure by non-disclosure agreements.[8] The firm is named after West Executive Avenue, a street near the West Wing of the White House.

Clients and activities

Although WestExec does not disclose its list of clients, some have been reported. Its clients include Google's Jigsaw; Windward, an Israeli artificial intelligence firm; Shield AI, a drone surveillance company;[4] and Fortune 100 types".[9]

Under a financial disclosure filed by the Biden transition team in December 2020, Secretary of State nominee Antony Blinken declared that clients of WestExec included "investment giant Blackstone, Bank of America, Facebook, Uber, McKinsey & Company, the Japanese conglomerate SoftBank, the pharmaceutical company Gilead, the investment bank Lazard, Boeing, AT&T, the Royal Bank of Canada, LinkedIn and the venerable Sotheby's". In a similar form, Director of National Intelligence-designate Avril Haines disclosed that WestExec had worked with data-mining company Palantir Technologies.[10]

Notes and References

  1. Web site: Michèle Flournoy. WestExec Advisors. October 19, 2017. en. May 22, 2020. November 15, 2020. https://web.archive.org/web/20201115043525/https://westexec.com/michele-flournoy/. live.
  2. Web site: Our Team. January 11, 2016. WestExec Advisors. en. May 22, 2020. May 10, 2020. https://web.archive.org/web/20200510203137/http://westexec.com/our-team/. live.
  3. Web site: Westexec Advisors LLC - Company Profile and News. 2020-11-25. Bloomberg L.P.. en.
  4. News: Lipton. Eric. Vogel. Kenneth P.. 2020-11-28. Aides' Ties to Firms Present Biden With Early Ethics Test. en-US. The New York Times. 2020-11-28. 0362-4331. November 28, 2020. https://web.archive.org/web/20201128161047/https://www.nytimes.com/2020/11/28/us/politics/biden-westexec.html. live.
  5. Web site: Ogle . Merritt . Richard Stengel - WestExec Advisors . 22 March 2024 . en . 8 August 2022.
  6. News: Former Obama Officials Help Silicon Valley Pitch the Pentagon for Lucrative Defense Contracts. en-US. The Intercept. May 22, 2020. May 15, 2020. https://web.archive.org/web/20200515133817/https://theintercept.com/2018/07/22/google-westexec-pentagon-defense-contracts/. live.
  7. News: Bender . Bryan . Meyer . Theodoric . 23 November 2020 . The secretive consulting firm that's become Biden's Cabinet in waiting . Politico . November 24, 2020 . November 24, 2020 . https://web.archive.org/web/20201124034542/https://www.politico.com/news/2020/11/23/westexec-advisors-biden-cabinet-440072 . live .
  8. Web site: Mosk. Matthew. Levine. Mike. 2020-11-12. Watchdogs urge transparency as executives from powerful DC firm floated for Biden administration. live. https://web.archive.org/web/20201122163623/https://abcnews.go.com/Politics/watchdogs-urge-transparency-executives-powerful-dc-firm-floated/story?id=74158084. November 22, 2020. 2020-11-25. ABC News. en.
  9. News: Guyer. Jonathan. How Biden's Foreign-Policy Team Got Rich. en-US. The American Prospect. 2020-07-06. July 21, 2020. July 18, 2020. https://web.archive.org/web/20200718082955/https://prospect.org/world/how-biden-foreign-policy-team-got-rich/. live.
  10. News: Thompson . Alex . Meyer . Theodoric . Janet Yellen made millions in Wall Street, corporate speeches . January 1, 2021 . . January 1, 2021 . January 1, 2021 . https://web.archive.org/web/20210101060234/https://www.politico.com/news/2021/01/01/yellen-made-millions-in-wall-street-speeches-453223 . live .