Ann Stock

Ann Stock was the U.S. Assistant Secretary of State for Educational and Cultural Affairs, from June 23, 2010 until July, 2013.

Biography

Ann Stock, an Indiana native, received her B.A. from Purdue University. After college, she worked as an elementary school teacher and as a Pan Am Flight Attendant based at Washington D C.

During the 1980 U.S. presidential election, Stock was deputy press secretary for Vice President of the United States Walter Mondale. She then became Vice President of Corporate Communications and Public Relations for Bloomingdale's.

In 1993, President of the United States Bill Clinton named Stock White House Social Secretary, a post she held until 1997. From September 1997 to June 2010, she was Vice President of Institutional Affairs at the John F. Kennedy Center for the Performing Arts.

In 2010, President Barack Obama named Stock Assistant Secretary of State for Educational and Cultural Affairs and after Senate confirmation, she was sworn in on June 23, 2010. She was succeeded by Evan Ryan.

Assistant Secretary

Assistant Secretary is a title borne by politicians or government officials in certain countries, usually a junior ministers assigned to a specific Cabinet minister.

Australia

The rank of Assistant Secretary denotes a high level government official who is positioned in the Government of Australia. The position falls under the Australian Public Service Act 1999, and holds the level of Senior Executive Service (SES) Level Band 1. The position also holds several other titles such as: Branch Head, National Manager, Group Manager, and Executive Director. For those officials who hold diplomatic status and are positioned in Australian High Commissions or Embassies at the Assistant Secretary Level hold the following titles: Regional Director, Minister-Counsellor, and Ambassador. However, it should be noted that while most offshore Australian diplomatic staff at these levels are SES Band 1, some are SES Band 2. The median annual reward wage for a baseline Assistant Secretary level is $219,464 (AUD), excluding bonuses, superannuation or fringe benefits.

United States Department of State

The United States Department of State (DOS), often referred to as the State Department, is the United States federal executive department responsible for the international relations of the United States, equivalent to the foreign ministry of other countries. The Department was created in 1789 and was the first executive department established.

The Department is headquartered in the Harry S Truman Building located at 2201 C Street, NW, a few blocks away from the White House in the Foggy Bottom neighborhood of Washington, D.C. The Department operates the diplomatic missions of the United States abroad and is responsible for implementing the foreign policy of the United States and U.S. diplomacy efforts. The Department is also the depositary for more than 200 multilateral treaties.

The Department is led by the Secretary of State, who is nominated by the President and confirmed by the Senate and is a member of the Cabinet. The current Secretary of State is John Kerry. The Secretary of State is the first Cabinet official in the order of precedence and in the presidential line of succession.

Stock

The stock (also capital stock) of a corporation constitutes the equity stake of its owners. It represents the residual assets of the company that would be due to stockholders after discharge of all senior claims such as secured and unsecured debt. Stockholders' equity cannot be withdrawn from the company in a way that is intended to be detrimental to the company's creditors.

Shares

The stock of a corporation is partitioned into shares, the total of which are stated at the time of business formation. Additional shares may subsequently be authorized by the existing shareholders and issued by the company. In some jurisdictions, each share of stock has a certain declared par value, which is a nominal accounting value used to represent the equity on the balance sheet of the corporation. In other jurisdictions, however, shares of stock may be issued without associated par value.

Shares represent a fraction of ownership in a business. A business may declare different types (classes) of shares, each having distinctive ownership rules, privileges, or share values. Ownership of shares may be documented by issuance of a stock certificate. A stock certificate is a legal document that specifies the amount of shares owned by the shareholder, and other specifics of the shares, such as the par value, if any, or the class of the shares.

United States Assistant Secretary of State

In modern times, Assistant Secretary of State is a title used for many executive positions in the United States Department of State. A set of six Assistant Secretaries reporting to the Under Secretary for Political Affairs manage diplomatic missions within their designated geographic regions, plus one Assistant Secretary dealing with international organizations, and another dealing with working with other countries on narcotics issues. Assistant Secretaries usually manage individual bureaus of the Department of State. When the manager of a bureau or another agency holds a title other than Assistant Secretary, such as "Director," it can be said to be of "Assistant Secretary equivalent rank."

From 1853 until 1913, the Assistant Secretary of State was the second-ranking official within the U.S. Department of State. Prior to 1853, the Chief Clerk was the second-ranking officer, and after 1913, the Counselor was the second-ranking position, though the Assistant Secretary continued to be a position until 1924. From 1867, the Assistant Secretary of State was assisted by a Second Assistant Secretary of State, and from 1875, by a Third Assistant Secretary of State. Specific duties of the incumbents varied over the years and included such responsibilities as supervising the Diplomatic and Consular Bureaus, general supervision of correspondence, consular appointments, administration of the Department, and supervision of economic matters and various geographic divisions. Today, the title of the second-ranking position is the Deputy Secretary of State, with the next tier of State Department officials bearing the rank of Under Secretary of State.