White House Author
Fred P. Hochberg
Fred P. Hochberg is Chairman and President of the Export-Import Bank of the United States (Ex-Im Bank), and one of the highest-ranking business leaders in the Obama administration.
During his six years of leadership, Ex-Im Bank has supported nearly 1.3 million American jobs and financed exports with a value exceeding $200 billion. In both of the last two years, nearly 90 percent of Ex-Im Bank authorizations for small-business exporters. During Hochberg's tenure, the Bank has increased its focus on customers, both foreign buyers and U.S. exporters. Hochberg has also worked to expand the global footprint of key domestic industries in which U.S. exporters have a comparative advantage. These include renewable energy, construction and farm machinery, medical technology, agriculture, and avionics. In addition, he has streamlined processes, cut transaction times and introduced innovative new financial products.
From 2004 to 2008, Hochberg was dean of Milano, The New School for Management and Urban Policy in New York, N.Y. From 1998 through 2001, he served as deputy, then acting administrator of the Small Business Administration (SBA), where he quadrupled lending to minority- and women-owned small businesses. Prior to his service at SBA, Hochberg was the long-time President and Chief Operating Officer of the Lillian Vernon Corporation, where he led the transformation of a small, family mail order company into an international, publicly traded direct marketing corporation. Hochberg is a past board member of the Port Authority of New York and New Jersey, the Citizens Budget Commission, and FINCA International Micro Finance. He was also an appointed representative to the New York State Financial Control Board.
A native of the greater New York metropolitan area, Hochberg received his undergraduate degree from New York University and his MBA from Columbia University.