Gov. Brown Picks Local Man for CPUC Post

A Mill Valley financier has been appointed to serve on the California Public Utilities Commission, the governor's office said this week. 

Democrat Mark Ferron, 52, was appointed by Gov. Jerry Brown to fill a vacancy on the five-member board, which includes CPUC President Michael Peevey.

"Commissioner Ferron brings tremendous experience in financial services to the CPUC and will be a real asset to us and to the state's consumers," Peevey said in a statement.

Ferron served as chief operating officer for Deutsche Bank's global markets division from 2002 to 2009, where he was responsible for global operations of fixed income, currency, commodity and equity markets.

Ferron previously worked as a vice president at Bank of America and Salomon Brothers, and is currently a senior partner at Silicon Valley Social Ventures and is a board fellow of the New Teacher Center.

Ferron's appointment requires approval from the state senate. Annual compensation for a commissioner is $128,109.

Ferron is currently a senior partner at Silicon Valley Social Ventures and is a board fellow of the New Teacher Center. From 2001 to 2009, he worked as chief operating officer for the Global Markets Division of Deutsche Bank in London, where he had responsibility for all operational activities globally across fixed income, currency, commodity and equity markets.

Before joining Deutsche Bank, Ferron was a vice president at Salomon Brothers from 1994 to 1996, and was a vice president at Bank of America from 1986 to 1994. Ferron holds a B.A. in mathematics from the University of Notre Dame and a master’s degree in economics from Stanford University.

--Bay City News Service