Posted on 03/14/2024 10:29:42 AM PDT by george76
In the classroom, the boardroom, and at the speaker’s dais, the former chair of the joint chiefs cashes in.
SINCE RETIRING FROM the military last year, former Chair of the Joint Chiefs of Staff Army Gen. Mark Milley has become a senior adviser to JPMorgan Chase bank, joined the faculties of Princeton and Georgetown, and embraced the lucrative paid speaking circuit. From military pay of $204,000 a year, Milley is sure to skyrocket to compensation in the millions, especially because he is represented by the same high-powered speakers’ agency as Hillary Clinton, who faced criticism in 2016 for her paid speeches to investment bank Goldman Sachs.
Called “cashing in” by military officers, transitioning from capped government salaries to defense industry, private consulting for global risk management, or work with venture capital brings in lavish paydays. For retired generals, the invasion is swift. The recently retired chief of space operations for the Space Force, Gen. John W. “Jay” Raymond, for example, has joined the board of directors for aerospace companies Impulse Space and Axiom Space, as well as becoming senior managing director for investment firm Cerberus Capital Management. Gen. James C. McConville, who served as chief of staff of the Army before retiring last year, has joined the board of directors of drone manufacturer Edge Autonomy and aerospace investment firm AE Industrial Partners, as an operating partner.
Milley’s speaker’s agency, Harry Walker Agency is touting the retired general, who crossed swords with former President Donald Trump and continues to be a polarizing figure, for his insights on leadership and international conflicts. “His perspective is invaluable for audiences looking to understand the impact of current conflicts and managing risks on boards of directors and leadership teams who are responsible for making strategic decisions and identifying vulnerabilities,” the website says.
According to the speaker’s agency, Milley recently participated in a Q&A at a gathering of 160 CEOs organized by investment bank Moelis & Company, where he provided his “insider’s perspective on world affairs.”
The engagement has not been previously reported.
“He was terrific — we loved him!” said Moelis & Company, a global investment bank, in a review featured on the agency website. “It was fantastic!”
According to the agency website, Milley “provided crucial perspective to business leaders,” but provided little more detail.
On March 4, Milley also spoke at the American Council on Education’s 2024 Presidents and Chancellors Summit at the Madison Hotel in Washington, D.C., according to an event page. A portrait of Milley appears on the list of major speakers and links to his Harry Walker Agency page.
His speech at the summit was sponsored by Deloitte, one of the world’s largest consulting and accounting firms, an event page notes. The page describes his speech as exploring “the convergence of democracy, higher education, and moral leadership during times of crisis”; as well as “emphasizing the responsibilities of leaders to uphold democratic principles and inspire resilience in challenging times.”
“The Summit was exclusively for presidents and chancellors, and there is no transcript,” Jonathan Riskind, vice president of public affairs and strategic communications for the American Council on Education, told The Intercept in response to a query.
Asked for transcripts of this and other speaking engagements, and for Milley’s compensation, Moelis & Company, the Harry Walker Agency, and Milley himself did not respond to requests for comment.
Not me wiping away tears. While not wealthy, I’m comfortable. Sorry your path didn’t produce that. Even more sorry you have nothing to contribute to the discussion.
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