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Jake Colvin Appointed New NFTC President

Washington D.C. – The National Foreign Trade Council (NFTC) Board of Directors today announced that NFTC Vice President Jake Colvin will serve as the organization's new President effective October 1st. Mr. Colvin will replace Rufus Yerxa, who has served as President since 2016.

Following the appointment, Katie Hays, Director, International and Federal Government Affairs, Caterpillar Inc., and Penny Naas, President, International Public Affairs and Sustainability for UPS, who co-chaired the search committee, issued the following statement on behalf of the Board:

"The NFTC Board of Directors is extremely pleased that Jake Colvin will be serving as our next President. His appointment follows an exhaustive search process, during which the Board concluded that Jake, who has played a pivotal role as Vice President over many years, is the right choice to continue NFTC's mission to advance international trade and tax policies. We want to express our deep gratitude to Rufus for his outstanding record of leadership and his invaluable service to our members and to the Washington trade community during his tenure."

"I am thrilled that the NFTC Board has selected Jake Colvin as the next President," said Rufus Yerxa. "Jake has been a huge asset to the organization for many years and nobody else knows its mission better. During my Presidency I relied heavily on his leadership role in areas ranging from China issues and WTO reform to e-commerce and global innovation. I have no doubt that NFTC's leadership and influence in these and other areas will continue growing through Jake's efforts."

As Vice President, Jake has led the Council's work to modernize trade rules for the digital age and its engagement with multilateral organizations. As Executive Director of the Global Innovation Forum (GIF), he has worked to create a global hub connecting startup, business, education and nonprofit leaders to discuss international trade.

Jake's full bio can be found here.

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About the NFTC
Serving America's Global Businesses Since 1914- The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules- based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves its member companies through its office in Washington D.C.