Business

Mary Schapiro, Ex-SEC Chairman, Nominated To GE Board

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FILE - In this Dec. 6, 2011 file photo, Securities and Exchange Commission (SEC) Chair Mary Schapiro testifies on Capitol Hill in Washington. Schapiro will step down as chair of the SEC next month after a tumultuous tenure in which she helped lead the U.S. government’s regulatory response to the 2008 financial crisis. (AP Photo/Evan Vucci, File)
FILE - In this Dec. 6, 2011 file photo, Securities and Exchange Commission (SEC) Chair Mary Schapiro testifies on Capitol Hill in Washington. Schapiro will step down as chair of the SEC next month after a tumultuous tenure in which she helped lead the U.S. government’s regulatory response to the 2008 financial crisis. (AP Photo/Evan Vucci, File)

March 11 (Reuters) - General Electric Co nominated Mary Schapiro, former chairman of the U.S. Securities and Exchange Commission, to its board.

Schapiro will stand for election at the company's annual meeting of shareholders on April 24, GE said on Monday.

Schapiro stepped down as the SEC chairman in December after a tumultuous four years spent rehabilitating the agency's battered reputation.

She streamlined the SEC enforcement process, hired new types of employees and created a new tips database and a whistleblower office. Former SEC officials have said Schapiro helped revive a moribund agency.

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