Jack Guerrero for State Senate 2019

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FPPC #1415805

ABOUT JACK GUERRERO

Jack Guerrero brings a unique combination of public and private sector experience, with a quintessential American story. Jack’s experience as Mayor, City Councilmember, Certified Public Accountant (CPA), Stanford economics graduate, Harvard MBA, Bank Vice President, Treasury professional, auditor of municipalities and government agencies, investment banker, and M&A due diligence advisor to Fortune 500 companies (with professional stints in New York, San Francisco, Los Angeles, London, and Zurich) – establishes him as the candidate with BOTH private sector leadership experience AND a public service record of fighting for taxpayers and working people.

In 2011, Jack Guerrero returned to the Los Angeles area after professional stints in New York and abroad. Following a local corruption scandal in his hometown city of Cudahy, CA (Los Angeles County), Mr. Guerrero became active in local government reform efforts and was elected to the City Council in 2013 with overwhelming public support. He has served constituents honorably (as Mayor and Council Member) -- with integrity and competence. As Mayor, Mr. Guerrero ushered in sweeping government reform measures, exposed serious deficiencies in the City's internal financial and administrative controls, and engaged the California State Controller for a consequential forensic examination. Mr. Guerrero's passion for justice extended to education initiatives, when (as Mayor) he did the unthinkable: He held public hearings on the quality of education in local public schools! He successfully advocated for local school reform, organized parents, and demanded change in one school's administration. In 2017, Mr. Guerrero was re-elected as the top vote-getter in a crowded field of nine candidates, and as the highest vote-getter in the recorded history of the City of Cudahy, CA.

https://www.youtube.com/watch?v=Ql4ga1vmu4U&feature=youtu.be

Jack is unafraid to challenge the status quo. As Mayor of his hometown city, Jack worked with the California State Controller to expose millions of dollars in wasteful and unlawful spending. As a former pension auditor and one-time university lecturer in statistics, Jack understands the severity of the state’s unfunded pension liability which at nearly $500 billion, threatens the long-term financial stability of the state! Jack will EXPOSE this mismanagement by reckless politicians. Jack will safeguard state assets and advocate for policies that place citizens FIRST, including lower taxes, smaller government, and a prosperous California economy.

Jack is the son of hard-working Mexican immigrant parents -- farmworkers and later, factory workers who settled in Los Angeles. Jack was raised in a tough neighborhood in southeast Los Angeles County, surrounded by poverty, gangs, and decrepit public schools. As a young boy, Jack was determined to escape poverty, obtain a quality university education, and seek a better life for himself and his family. At the age of 15, Jack enrolled at university to supplement his high school education, and went on to graduate from Stanford and Harvard University. Only in our country is Jack's story even possible.

Jack is a proud American patriot, forever grateful to this country for the educational opportunities conferred on him, and dedicated to expanding similar opportunities for others. Jack serves on numerous Boards for public agencies and non-profit organizations, and is active in scholarship and university recruitment efforts in underprivileged communities.

NOTABLE PROFESSIONAL HIGHLIGHTS

Mayor/ Council Member, City of Cudahy, CA (Los Angeles County)
Vice President in the Corporate Treasury division of the U.S. subsidiary of large, global banking institution
Certified Public Accountant (CPA)

Past experience:

Investment Banker (series 79 and series 63, by Financial Industry Regulatory Authority)
Professional work experience with Fortune 500 companies as auditor, consultant, and M&A technical advisor (including Wells Fargo Bank, Credit Suisse Group, Microsoft Corporation, Barclays Global Investors, American Honda Finance Corporation, among others)
Corporate Development Manager with the American Express Company in New York and London, where he worked on various transactions involving corporate divestitures, acquisitions, and joint ventures
Mergers & Acquisitions Advisor with Ernst & Young LLP in San Francisco, where he managed financial due diligence engagements for private equity firms and corporate clients
CPA with Big Four public accounting firms KPMG LLP and Ernst & Young LLP
University lecturer in economics and statistics
Auditor of local municipalities and agencies of the federal government
MBA internship and field study research, United States Department of the Treasury (Washington, D.C.)
International work experience in United Kingdom, Switzerland, Spain, India, and Ecuador

ACADEMIC HIGHLIGHTS

Stanford University

BA in Economics, Stanford Univesity - where Mr. Guerrero's professors included Dr. Condoleezza Rice, former U.S. Secretary of State; Dr. Michael Boskin, former Chair of Economic Advisors for President George H.W. Bush; and Dr. John Cogan, former Director of the U.S. Office of Management and Budget. Mr. Guerrero was also a regular political columnist with the Stanford Review newspaper, and a nationally-ranked competitive debator with the American Parliamentary Debate Association (the same debating circuit that produced Ted Cruz, U.S. Senate Candidate from Texas).

Harvard University

MBA, Harvard University - where Mr. Guerrero's professors included Dr. Robert Merton, Nobel Laureate in Economics, and field study advisor Dr. Robert Kaplan, founder of the "Balanced Scorecard" concept used widely by corporate organizations. While at Harvard, Mr. Guerrero's curriculum was heavily focused on finance, management, and business law.