William Kovacic to Head FTC

Deborah Platt Majoras Resigning to Join Procter & Gamble

Federal Trade Commission member William Kovacic was tapped by President Bush to succeed Deborah Platt Majoras as chairman.

Kovacic was general counsel at the FTC before being named a commissioner. He was named general counsel in 2001 and sworn in as a commissioner in January 2005, returning to the FTC after a stint in academe. He also worked at the commission from 1979-83 before joining the D.C. office of Bryan Cave and later the faculty of the George Mason Law School.

Majoras described him Wednesday as "a free-market champion and a highly regarded advisor to emerging-competition authorities around the globe."

Majoras is resigning effective March 30 to join Procter & Gamble.