Co-Chair, Aspen Economic Strategy Group
President Emeritus, The University of North Carolina
ERSKINE B. BOWLES began his business career at Morgan Stanley and went on to found and lead Bowles, Hollowell, Conner, which became the preeminent investment bank focused on middle market mergers and acquisitions. He subsequently co-founded the middle market private equity firm Carousel Capital, served as a senior advisor for Credit Suisse First Boston, was a partner with the global buyout firm Forstmann Little & Co. and the chairman of the board of advisors of BDT Capital Partners. He previously served on the boards of Morgan Stanley (Lead Director), First Union Corporation, Merck, VF, Cousins Properties (Lead Director), Norfolk Southern Corporation, General Motors, Belk and Facebook. In his public sector career, Erskine served in the Clinton Administration as SBA Administrator, Deputy White House chief of staff, and chief of staff. During his time in the White House, he negotiated the first balanced budget in a generation. Erskine co-chaired with Senator Alan Simpson the National Commission on Fiscal Responsibility and Reform, and from 2005-2011, he served as the president of the University of North Carolina. With Henry M. Paulson, Jr., Erskine founded the Aspen Economic Strategy Group and he was co-chair from 2017-2021.