Gene Hale, chairman of the Greater Los Angeles African American Chamber of Commerce, has been appointed to the California International Trade and Investment Advisory Council. Hale is the chief executive officer at G&C Equipment Corporation and president of Gence Corporation and G&C Consulting Services.
Hale was appointed to the Commission on Building for the 21st Century by former Gov. Gray Davis and to the President’s Board of Advisors on Historically Black Colleges and Universities by President George W. Bush. Hale serves as a member of the President’s Export Council and the Gardena Police Foundation. He is also a member of the Southern California Leadership Council.
This position does not require senate confirmation and the compensation is $100 per diem.
The California International Trade and Investment Advisory Council advises the governor’s Office of Business and Economic Development (GO-Biz) on strategies to expand international trade and investment for California businesses and assists GO-Biz in identifying foreign markets with the greatest potential for export expansion. The council also aids GO-Biz in developing specific export strategies for those markets–including the state’s top trading partners, Canada, Mexico and China, and emerging markets such as Brazil and India, as well as strategies to attract more job-creating foreign direct investment into the state.
California recently surpassed Brazil to return as the seventh largest economy in the world. The state registered a record number of exports in 2014 with businesses exporting more than $174.1 billion in goods, 3.6 percent higher than the previous year. Foreign-controlled companies employ 590,100 California workers and foreign investment in the state is responsible for 4.9 percent of the state’s total private industry employment.