Derek Kan
{{Short description|American businessman and politician (born 1978)}}
{{Use mdy dates|date=December 2017}}
{{Infobox officeholder
| name = Derek Kan
| image = Derek Kan, USPS Governor.png
| office = Governor of the United States Postal Service
| status =
| term_start = May 20, 2022
| term_end =
| alongside =
| appointer = Joe Biden
| predecessor = John McLeod Barger
| succeeding =
| office1 = Deputy Director of the Office of Management and Budget
| president1 = Donald Trump
| term_start1 = July 30, 2020
| term_end1 = December 2020
| predecessor1 = Russell Vought
| successor1 = Shalanda Young
| office2 = Under Secretary of Transportation for Policy
| president2 = Donald Trump
| term_start2 = December 4, 2017
| term_end2 = July 2019
| predecessor2 = Blair Anderson
| successor2 = Carlos Monje
| office3 = Member of the Amtrak Board of Directors
| president3 = Barack Obama
Donald Trump
| term_start3 = December 15, 2015
| term_end3 = {{circa}} May 2019
| predecessor3 = Nancy A. Naples
| successor3 = Joel Szabat
| birth_name = Derek Tai-Ching Kan
| birth_date = {{Birth date and age|1978|08|15}}{{Cite web |orig-date=May 8, 2017 |title=(Not applicable) |url=https://www.commerce.senate.gov/services/files/8aaa1356-95c2-41bd-94e1-7e4115951309 |access-date=May 14, 2022 |publisher=Senate Committee on Commerce, Science, and Transportation |location=Washington, D.C.}}
| birth_place = {{nowrap|Los Angeles, California, U.S.}}
| death_date =
| death_place =
| party = Republican
| education = University of Southern California (BA)
London School of Economics (MSc)
Stanford University (MBA)
}}
{{Chinese
| order = ts
| t = 甘達慶
| s = 甘达庆
| p = Gān Dáqìng
}}
Derek Tai-Ching Kan ({{zh|t=甘達慶}}; born August 15, 1978) is an American businessman and government official who has served as a governor of the United States Postal Service since 2022. He served as deputy director of the Office of Management and Budget in 2020. Kan served as the under secretary of transportation for policy from 2017 to 2019. He was confirmed by the Senate four times.
In the private sector, he has worked for various tech startups, Bain & Co., Elliott Management, Lyft, Oaktree Capital Management, and Toll Brothers.
He is an alumnus of the University of Southern California, the London School of Economics, and Stanford University.
Career
Kan became a Presidential Management Fellow at the Office of Management and Budget in 2004.{{cite news|last1=Zanona|first1=Melanie|title=Trump taps Lyft manager for No. 3 spot at Transportation Department |url=https://thehill.com/policy/transportation/327778-trump-taps-lyft-exec-for-no-3-spot-at-transportation-department/|access-date=May 18, 2017 |work=The Hill |date=April 7, 2017}}{{cite news |last1=Brugger |first1=Kelsey |title=Budget office deputy Derek Kan departs |url=https://subscriber.politicopro.com/article/eenews/2020/12/16/budget-office-deputy-derek-kan-departs-007495 |access-date=11 November 2024 |work=Politico |date=16 December 2020}}{{cite web |title=President Donald J. Trump Announces Intent to Nominate and Appoint Individuals to Key Administration Posts |url=https://trumpwhitehouse.archives.gov/presidential-actions/president-donald-j-trump-announces-intent-nominate-appoint-individuals-key-administration-posts-40/ |website=The White House |publisher=United States Government |access-date=11 November 2024}}
From 2006 to 2010, Kan was as a policy adviser to Senate Majority Leader Mitch McConnell.{{cite news |author1=Staff |title=Lyft’s GM Derek Kan may soon assist the U.S President in defining transportation policy reforms |url=https://thetechportal.com/2017/04/07/us-president-radar-dot-position-lyft-gm/ |access-date=11 November 2024 |work=The Tech Portal |date=7 April 2017}}
Kan served as chief economist for the Senate Republican Policy Committee.{{cite news|last1=Dickey|first1=Megan Rose|title=Trump plans to nominate Lyft's Derek Kan to transportation department |url=https://techcrunch.com/2017/04/06/trump-reportedly-plans-to-nominate-lyfts-derek-kan-to-transportation-department/|access-date=May 18, 2017 |publisher=TechCrunch|date=April 6, 2017}}{{cite news|title=President Donald J. Trump Announces Intent to Nominate Derek Kan to the Department of Transportation|url=https://trumpwhitehouse.archives.gov/the-press-office/2017/04/06/president-donald-j-trump-announces-intent-nominate-derek-kan-department|access-date=May 18, 2017|via=National Archives|work=whitehouse.gov|date=April 6, 2017}} He served during the 2008 financial crisis and the implementation of Dodd-Frank.{{cite news |last1=Brown |first1=Courtenay |title=Report: White House considering Derek Kan for open Fed slot |url=https://www.axios.com/2019/05/17/report-white-house-considering-derek-kan-for-open-fed-slot |access-date=11 November 2024 |work=Axios |date=17 May 2019}}
He worked as a management consultant at Bain & Company from 2012 to 2014.
Kan worked as director of strategy at Genapsys, a biotech startup in Silicon Valley from 2014 to 2015. It was later acquired by Sequencing Health.
He was as an advisor at Elliott Management Corporation.
In 2015, President Barack Obama nominated Kan for the board of Amtrak; his appointment was unanimously confirmed by the Senate.{{cite news |last1=Primack |first1=Dan |title=Amtrak's Newest Board Member Works at Lyft|url=http://fortune.com/2016/01/21/amtrak-board-member-lyft/|access-date=May 18, 2017 |publisher=Fortune|date=January 21, 2016}}
Prior to assuming his Transportation Department position, Kan was the general manager of the Southern California region for Lyft. Kan worked at Lyft from 2015 to 2017.
In April 2017, Kan was nominated by President Donald Trump to become under secretary of transportation for policy in the United States Department of Transportation.{{cite news|last1=della Cava|first1=Marco|title=Trump nominates Lyft exec to join Transportation Department|url=https://www.usatoday.com/story/tech/talkingtech/2017/04/06/lyft-exec-may-join-trumps-dot/100154370/|access-date=May 18, 2017 |publisher=USA Today|date=April 6, 2017}} He was confirmed by the Senate on November 13, 2017.{{Cite web |url=https://www.transportation.gov/mission/derek-kan |title=Derek Kan | US Department of Transportation |access-date=June 17, 2018 |archive-url=https://web.archive.org/web/20180617165047/https://www.transportation.gov/mission/derek-kan |archive-date=June 17, 2018 |url-status=dead }} His work at the Department of Transportation focused heavily on self-driving cars.{{cite news |last1=Feldman |first1=Brian |title=Employee From Lyft, the ‘Woke’ Alternative to Uber, Joins Trump Administration |url=https://nymag.com/intelligencer/2017/04/exec-from-lyft-ubers-woke-alternative-joins-trump-admin.html |access-date=11 November 2024 |work=New York Magazine |date=7 April 2017}} In July 2019, Kan resigned from his position in the Department of Transportation to take on the position of executive associate director at the Office of Management and Budget.{{Cite web|url=https://www.enotrans.org/article/under-secretary-leaves-dot-for-omb/|title=Under Secretary Leaves DOT for OMB|website=www.enotrans.org|date=February 2, 2024 }}
In 2019, the Trump administration briefly considered Kan for a Federal Reserve board seat.{{Cite news|url=https://www.bloomberg.com/news/articles/2019-05-17/white-house-considering-derek-kan-for-federal-reserve-board-seat|title = White House Considering Derek Kan for Federal Reserve Board Seat|newspaper = Bloomberg.com|date = May 17, 2019}}
In 2020, Kan was appointed to the White House Coronavirus Task Force.{{cite news |last1=Nelson |first1=Emma |title=The Wolf looks back on the chaotic, powerful year |url=https://tuhswolf.com/2064/the-fold/the-wolf-looks-back-on-the-chaotic-powerful-year/ |access-date=11 November 2024 |work=The Wolf |date=16 December 2020}}
In November 2021, President Biden announced he would appoint Kan to the Board of Governors of the United States Postal Service.{{Cite news|title=Biden replaces Ron Bloom, USPS board chair and key DeJoy ally, on postal board|url=https://www.washingtonpost.com/business/2021/11/19/usps-biden-bloom-dejoy/}} On May 12, 2022, his nomination was confirmed in the United States Senate by voice vote.{{Cite web |date=May 12, 2022 |title=PN1425 - Nomination of Derek Kan for United States Postal Service, 117th Congress (2021-2022) |url=https://www.congress.gov/nomination/117th-congress/1425 |access-date=May 14, 2022 |website=www.congress.gov}}
As of 2021, Kan worked as an outside advisor to Oaktree Capital Group with a focus on infrastructure and emerging technology.{{cite news |last1=Witkowsky |first1=Chris |title=To be able to copy & paste content to share with others please contact us at subscriptions@pei.group to upgrade your subscription to the appropriate licence |url=https://www.buyoutsinsider.com/ex-trump-official-derek-kan-to-advise-oaktree/ |access-date=11 November 2024 |work=Buyouts |date=4 January 2021}}
In December of 2021, Kan was appointed to the board of Toll Brothers.{{cite web |title=Board of Directors |url=https://investors.tollbrothers.com/corporate-governance/board-of-directors |website=Toll Brothers |access-date=11 November 2024}}
As of 2022, Kan served on the board of Deliverr, a startup focused on e-commerce fulfillment services.{{cite web |title=Derek T. Kan |url=https://www.directorsandboards.com/roster_individual/derek-t-kan/ |website=Directors & Boards |access-date=11 November 2024}} His work continued after the firm was acquired by Shopify where, as of 2023, he was a vice president.{{cite news |last1=Pasricha |first1=Akash |title=Pro Weekly: Companies Turn to New Leaders As Growth Slows |url=https://www.theinformation.com/articles/pro-weekly-companies-turn-to-new-leaders-as-growth-slows&ved=2ahUKEwjgkIHrotWJAxVBFjQIHSzCA344ChAWegQIFhAB&usg=AOvVaw2rIJe4zPnRGYt3gUkyC-3V |access-date=11 November 2024 |work=The Information |date=20 October 2023}}
Education
Kan holds an MBA from Stanford University, where he was an Arjay Miller Scholar. He studied economic history at the London School of Economics where he earned a MSc. Kan earned a BS in business administration from the University of Southern California.{{cite news |last1=Mohsin |first1=Saleha |title=Who Is Derek Kan? White House Is Considering Him for Fed Reserve Board |url=https://fortune.com/2019/05/17/derek-kan-federal-reserve-board/ |access-date=11 November 2024 |work=Fortune |date=17 May 2019}}{{cite web |title=Postal Leadership |url=https://about.usps.com/who/leadership/board-governors/derek-kan.htm |website=United States Postal Service |access-date=11 November 2024}}
References
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Category:21st-century American businesspeople
Category:Alumni of the London School of Economics
Category:American politicians of Chinese descent
Category:Bain & Company employees
Category:Deputy Directors for Management of the Office of Management and Budget
Category:Obama administration personnel
Category:People from Los Angeles
Category:Stanford Graduate School of Business alumni
Category:First Trump administration personnel
Category:United States Department of Transportation officials