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News Release
December 16, 2002
CONTACT: David Fish
(202) 289-8928

New Leadership
Gifford to Replace Eisenach as President of PFF

WASHINGTON, D.C. – Jeffrey A. Eisenach will step down as PFF president, effective February 1, 2003. Raymond L. Gifford, who is leaving his post as chairman of the Colorado Public Utilities Commission to join the Foundation, will succeed him.

“After 10 years at PFF, it’s time for new leadership and fresh thinking,” Eisenach said in announcing his upcoming departure. “Ray Gifford is a superb leader, a proven deregulator, and an accomplished scholar. I’m delighted and honored that he has agreed to lead PFF into its second decade.”

Commenting on Gifford’s appointment, PFF Chairman and co-founder Jay Keyworth said, “I cannot imagine anyone better qualified to lead PFF forward. Ray Gifford’s record of accomplishment, combined with his strong academic background, make him a perfect choice. We worked hard to recruit him, and we are delighted he has accepted.”

Keyworth said Eisenach will be missed. “When Jeff and I created PFF 10 years ago, the Internet was in its infancy. Under Jeff’s leadership, PFF has become the leading voice for a market-oriented approach to the policy challenges of the digital revolution. His impact will not soon be forgotten.”

For his part, Gifford said, “I’ve been familiar with PFF’s work for several years, and I’m honored to have this opportunity. I look forward to building on the record of success Jeff and Jay have established.” Governor Bill Owens appointed Gifford chairman of the PUC in 1999. “Ray Gifford has been a visionary leader of the Colorado PUC,” Owens said. “Ray has embraced the challenges and the opportunities of the revolution in technology and telecommunications. We’ll miss his energy and vision here in Colorado, but I am proud that he is bringing his leadership to the national level at one of the most respected and ground-breaking organizations in the country. If Colorado has to lose Ray Gifford, I can’t think of a group I would rather lose him to than PFF.”

Eisenach is leaving the Foundation for a new position as executive vice chairman of CapAnalysis, a Washington, DC consulting firm affiliated with Howrey & Simon. CapAnalysis Chairman Jim Miller is a Board Member emeritus of PFF and a long-time associate of Eisenach’s. Eisenach will remain a member of the PFF Board of Directors.

The Progress & Freedom Foundation is a market-oriented think tank that studies the impact of the digital revolution and its implications for public policy. It is a 501(c)(3) nonprofit organization.



The Progress & Freedom Foundation