McKinney, Cree host President Obama and Council on Jobs - McKinney

McKinney, Cree host President Obama and Council on Jobs

June 21, 2011

It was an exciting Monday morning for McKinney when CEO Brad Brinegar hosted President Obama’s Council on Jobs and Competitiveness along with 30 of the Triangle’s top executives and entrepreneurs.

“Durham is a city we chose because of its diversity of people and talent, the concentration of the creative class we enjoy and the highly entrepreneurial focus as represented by the people in this room today,” he said. “We like to think of ourselves as leading the evolution of the ad industry in the post-digital age. We’ve been fundamentally digital for a decade. We are an ad agency but we are also looking at new, interesting ways of monetizing IP, so we’re becoming entrepreneurial in the truest sense.” Brinegar cited The McKinney Ten Percent, which encourages employees to spend 10% of their time on projects not associated with client work. He also said that as a result, the agency was in the process of launching a software as a service company, as well as co-ventures with several startups.

“It’s funny, I walk around [McKinney], and this feels closer to where we think we are as a company than probably most,” said Sheryl Sandberg, Facebook chief operating officer and council member.

Other members of the Jobs Council in attendance included Austan Goolsbee, chair, Council of Economic Advisers; Steve Case, chairman and CEO, Revolution and chairman, Startup America Partnership; Dick Parsons, chairman, Citigroup; Sheryl Sandberg, COO, Facebook; and Robert Wolf, chairman, UBS Americas.

Shown here: Brad Brinegar, chairman and CEO, McKinney; Austan Goolsbee, chair, Council of Economic Advisers; and Robert Wolf, chairman, UBS Americas