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 NEWS  News  media  Information  202  /  418-  0500  TTY  202  /  418-  2555  Fax-  On-  Demand  202  /  418-  2830  Internet:  http://  www.  fcc.  gov  ftp.  fcc.  gov  Federal  Communications  Commission  445  12  th  Street,  S.  W.  Washington,  D.  C.  20554  This  is  an  unofficial  announcement  of  Commission  action.  Release  of  the  full  text  of  a  Commission  order  constitutes  official  action.  See  MCI  v.  FCC.  515  F  2d  385  (D.  C.  Circ  1974). 
 FOR  IMMEDIATE  RELEASE:  NEWS  MEDIA  CONTACT: 
 July  11,  2001  Maureen  Peratino  at  202-  418-  0506 


 DAVID  SAPPINGTON  NAMED  FCC  CHIEF  ECONOMIST 
 Washington,  DC  –  David  Sappington  has  been  named  Chief  Economist  of  the 
 FCC.  Sappington  currently  holds  the  Lanzillotti-  McKethan  Eminent  Scholar  Chair  in  the 
 Department  of  Economics  at  the  University  of  Florida.  He  assumed  his  new  position  on 
 July  1,  2001. 


 Sappington  replaced  Gerald  Faulhaber,  who  is  returning  to  his  position  as 
 Professor  of  Public  Policy  and  Management  at  the  Wharton  School  of  the  University  of 
 Pennsylvania.  Faulhaber  served  as  the  Commission’s  Chief  Economist  since  July  1, 
 2000. 


 FCC  Chairman  Michael  Powell  said,  “It  is  critically  important  that  the 
 Commission  has  the  best  economic  analysis  available  as  it  deals  with  the  ever-  changing 
 telecommunications  marketplace.  The  Commission  is  fortunate  that  David  Sappington 
 will  provide  us  with  his  exceptional  expertise  and  knowledge  as  we  deal  with  the  issues 
 that  arise.” 


 Sappington  received  his  B.  A.  in  Economics  from  Haverford  College,  and  his 
 M.  A.  and  PhD.  in  Economics  from  Princeton  University.  Before  joining  the  Economics 
 Department  at  the  University  of  Florida  in  1990,  he  served  on  the  technical  staff  of  Bell 
 Communications  Research  and  on  the  faculties  of  the  University  of  Pennsylvania  and  the 
 University  of  Michigan.  His  research  was  focused  on  the  design  of  regulatory  policy  in 
 the  telecommunications  and  health  care  industries. 


 He  currently  serves  on  the  editorial  boards  of  several  journals,  including  the  Rand 
 Journal  of  Economics,  the  Journal  of  Regulatory  Economics  and  the  Journal  of 
 Economics  and  Management  Strategy. 


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