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July 11, 2014

Communications Professional Joins Better Markets

Washington, D.C. – July 11, 2014 – A former head of the media department for a national environmental organization and top aide to three members of the U.S. Senate, Alex Formuzis has joined the staff at Better Markets as the group’s Communications Director.

“As a longtime communications professional, Alex will be indispensable as we continue to promote the public interest in the US and global financial markets.  His expertise and skills will help us to communicate more effectively to the American people and policymakers as the fight for financial reform and accountability continues,” said Dennis Kelleher, President and CEO of Better Markets.

“Like virtually every American, I watched in shock as our economy spiraled downward with seemingly no end in sight during the financial collapse in 2008 and 2009,” said Formuzis. “And, when I learned fully how the greatest financial disaster since the Great Depression happened and who was largely responsible, it made angry.  So, having the opportunity to come to Better Markets and work to make sure that the American people never suffer such an avoidable financial disaster again is incredibly fulfilling.”

Prior to coming to Better Markets, Formuzis was the VP for Media Relations at Environmental Working Group (EWG) where he ran the communications department for the last seven years.  Before that, he spent nearly a decade on Capitol Hill where he served 6 years as Communications Director for the late U.S. Senator Frank R. Lautenberg (D-NJ).  Formuzis was also the Communications Director for former Senator Jean Carnahan (D-MO) and Press Secretary to Senator Kent Conrad (D-ND) who was the Chairman of the Senate Budget Committee at that time.

Previous to his time on Capitol Hill, Alex was in the public affairs office at the U.S. Department of Treasury during the Clinton administration where he focused on financial literacy and third world debt relief.

A native of the Pacific Northwest, Formuzis graduated in 1995 from the University of Montana with a degree in Political Science.  He lives in Washington, D.C. with his wife and their two young children. 

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