David Marchick
Quick Facts
Biography
David Marchick (born 1966) is an American lawyer and former Deputy United States Assistant Secretary of State who served in the Clinton Administration. As Deputy Assistant Secretary of State, Marchick was the chief U.S. negotiator for open skies, an international policy concept calling for liberalization of international commercial aviation industry rules and regulations.
After working as Vice President of Development for the online auction business Bid4Assets, Marchick joined Washington, D.C. based international law firm Covington & Burling in March 2002.
In October 2007, Marchick joined The Carlyle Group, a Washington, D.C. based asset management firm as managing director and its global head of regulatory affairs.
Early life
Marchick was born in 1966 and attended the University of California, San Diego, graduating in 1988. While at UC San Diego, Marchick was the student body president. Marchick later earned a master's degree in public policy at the LBJ School of Public Policy at the University of Texas in Austin, and a juris doctorate at George Washington University in Washington, D.C.
Career
1990s
In 1993, Marchick became the deputy director of presidential correspondence for the then newly elected U.S. President Bill Clinton. Marchick was hired by the Office of the United States Trade Representative in early 1993. In May 1996, Marchick transitioned from being an aide to United States Secretary of Commerce Mickey Kantor to being deputy assistant secretary for trade development. As deputy assistant secretary, Marchick traveled to Japan to monitor progress related to a 1995 bilateral agreement on auto and auto parts between the United States and Japan.
In June 1997, Marchick worked to open the Southeast Asian car market to US exports. Marchick's goal was to encourage members of the Association of Southeast Asian Nations to adopt an open regional approach to selecting suppliers that would conform with World Trade Organization guidelines and allow for economies of scale.
By January 1998, Marchick held the position of Deputy United States Assistant Secretary of State. Also in 1998, Marchick led negotiations with China to expand air passenger and cargo services between the United States and China.
By June 1999, Marchick held the position of Deputy Assistant Secretary for International Affairs at the U.S. Department of State. Later that year, Marchick and Paul Gretch jointly concluded negotiations for a U.S.-Argentina open skies accord that were initially drafted by staff negotiators.
In October 1999, Marchick announced that he was leaving the U.S. State Department to join the newly formed Bid4Assets, a website for bankrupt businesses to auction off their assets.
2000s
After Marchick became Vice President of Development, Bid4Assets began selling assets of bankrupt companies online in November 1999, including domain names of failed dot-com companies to unpaid debt to tangible assets like buildings and art, as well as assets seized by the U.S. federal government. In August 2001, Marchick, along with Bill O'Leary and Phil Fuster, secured $4 million in funding from Hartford Financial Services Group for the Bid4Assets business.
In March 2002, Marchick joined Covington & Burling, an international law firm. At Covington, Marchick began work on international transportation and trade issues. In September 2003, Covington formed a business alliance with Kissinger Associates. In 2006, Marchick co-authored the book, U.S. National Security and Foreign Direct Investment, and focused his law practice on representing companies, such as IBM, seeking approval from the Committee on Foreign Investment in the United States (CFIUS), an inter-agency committee of the United States Government that reviews the national security implications of foreign investments in U.S. companies or operations.
By July 2007, Marchick was vice chair of Covington & Burling's international practice and a senior adviser to Kissinger Associates. Four months later, on October 22, Marchick joined The Carlyle Group, a Washington, D.C. based global asset management firm specializing in private equity. Marchick was hired for the newly created position of managing director of Carlyle's regulatory affairs. As a managing director, Marchick was responsible to Carlyle's co-founders for regulatory issues in countries where Carlyle operates. By June 2011, Marchick, Head of Global External Affairs and overseer of the firm's regulatory and communications strategy, was part of Carlyle's Operating Committee that works as a day-to-day body to provide strategic direction to Carlyle's founders. As of October 2012, he is also a member of the company's Management Committee.