Mr. Hormats’ areas of expertise and experience include international trade and investment, intellectual property, foreign investment in the U.S., protection of trade secrets and global energy issues. He has worked extensively in Western Europe, China, India, Russia, the Middle East and South East Asia.
Currently, Mr. Hormats is Vice Chairman of Kissinger Associates, Inc., the New York based strategic international consulting firm that assesses and navigates emerging market geopolitical and macroeconomic risk for its clients.
From September 2009 to July 2013, he served as Under Secretary of State for Economic, Energy and Environmental Affairs. Prior to this, Mr. Hormats was vice chairman of Goldman Sachs (International) for 25 years.
From 1981 to 1982, Mr. Hormats served as Assistant Secretary of State for Economic and Business Affairs, an Ambassador and Deputy U.S. Trade Representative from 1979 to 1981 and Senior Deputy Assistant Secretary for Economic and Business Affairs.
He served as a senior staff member for International Economic Affairs on the National Security Council from 1969 to 1977, where he was senior economic advisor to Dr. Henry Kissinger, General Brent Scowcroft and Dr. Zbigniew Brzezinski.
Mr. Hormats has been a visiting lecturer at Princeton University and has served on the Board of Visitors of the Fletcher School of Law and Diplomacy and the Dean’s Council of the John F. Kennedy School of Government at Harvard University. He is also a member of the Council on Foreign Relations and the Economic Club of New York.
His publications include The Price of Liberty: Paying for America’s Wars from the Revolution to the War on Terror; and Abraham Lincoln and the Global Economy.
Mr. Hormats earned a PhD in International Economics from the Fletcher School of Law and Diplomacy and Master of Arts and Bachelor of Arts degrees from Tufts University.