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Obama talks jobs and growth with corporate CEOs

August 12, 2011 |  2:43 pm

Obama at the White House With financial markets roiling over fears of another recession, President Obama gathered eight corporate chief executives at the White House on Friday to discuss the economy and how his administration could help the private sector grow and create jobs.

"The president firmly believes that every American who wants a job should have one, and businesses large and small must all be at the table as part of the collective solution," the White House said after the private meeting, which lasted a little more than an hour.

Here's the list of participants:

•    Ursula Burns, Xerox chairman and CEO
•    Ken Chenault, American Express chairman and CEO
•    Richard Davis, U.S. Bank president and CEO
•    Larry Fink, BlackRock chairman and CEO
•    Glenn Hutchins, Silver Lake Partners co-CEO
•    John Stumpf, Wells Fargo chairman, president and CEO
•    John Surma, U.S. Steel chairman and CEO
•    Bill Weldon, Johnson & Johnson chairman and CEO

Joining Obama from the administration were White House Chief of Staff Bill Daley, senior advisor Valerie Jarrett, National Economic Council Director Gene Sperling and Office of Management and Budget Director Jacob Lew.

Obama is scheduled to travel through Minnesota, Iowa and Illinois next week on a three-day bus tour to "discuss ways to grow the economy, strengthen the middle class and accelerate hiring," the White House said.


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-- Jim Puzzanghera

Photo: President Obama at the White House on Friday. Credit: European Pressphoto Agency