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  Name:   Jay Young
Month: August 2009
Schools: Princeton University, AB 1983
UCLA School of Law, JD 1986
University of Maryland, MIM 1996
Organization: D.C. Lottery and Charitable Games Control Board
Title: Executive Director

Jay Young serves as the Executive Director for the D.C. Lottery and Charitable Games Control Board. His duties include managing the agency P&L statement, strategic planning, process improvements, performance management, product development, and all related go-to-market activities. His areas of expertise include information technology, finance, sales and marketing, human resources, and business transactions. Under Mr. Young's leadership the agency has become an industry leader in information management, Internet, wireless, and electronic marketing development. Mr. Young has led the agency on all issues related to privatization and restructuring lottery operations for enhanced profitability. Mr. Young is the recipient of the prestigious Powers Award given by the National Association of State and Provincial Lotteries for visionary, paradigm changing lottery executives. He has also received several Performance Awards from the District's CFO for outstanding financial management contributions.


During his tenure, the DC Lottery has utilized his expertise to restructure its workforce, technology, marketing, and vendor relations programs to help the agency reach unprecedented levels of performance in revenue generation ($268M) and profit growth (11%). The DC Lottery is now #1 in 5 out of 8 product categories in the industry on a per capita basis; top 5 in 3 other product categories. The agency currently transfers over $70M to the District's General Fund. Mr. Young has also served as a featured speaker and presenter at numerous industry and financial conferences and has provided expert budget and acquisition testimony to the Council for the District of Columbia. Mr. Young is also the author of "Are You Ineffective? Discovering and Resolving the 202 Sure Signs of Ineffectiveness." (AuthorHouse 2007).


Previously Mr. Young served as Chief Operating Officer and General Counsel for Proteus, Inc., a District of Columbia based software and wireless application development firm, where he was responsible for strategic planning, business development, financial management, client management, human resources, and negotiating capital transactions with Wall Street investment bankers. Representative clients included, Fox, NBC, The Washington Post, Exxon-Mobil, and T-Mobile. Mr. Young successfully helped the Proteus management team sell the company to a media company in Norway. His executive background includes serving as President of the Washington DC Technology Council, Inc., a not-for-profit association of technology companies in the District of Columbia; President of Thor Group Ventures LLC, a capital development and strategic consulting company for information technology companies; and as Regional Executive for MCI Communications Corporation, where his responsibilities included business development, commercial transactions, government affairs, and expert testimony before state and federal institutions.


Mr. Young is a member of the bar in the District of Columbia and the Commonwealth of Virginia. He also is a member of the Rotary Club of Washington, DC, and serves on the Leadership Committee of the Princeton University Class of 1983. He holds an AB in Economics from Princeton University; a JD from the University of California Los Angeles School of Law; and an MS in International Management from the University of Maryland University College, with a concentration in international finance and marketing.

 

 

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