Ronnie Chan

Critics might contend that putting former private-sector CEOs in the president's Cabinet places the fox in the henhouse. But it's unlikely such executives would expose themselves to the headaches if they weren't genuinely motivated by the call to service.

I won't sell any Facebook shares as long as I'm on the board. When I leave, all my Facebook shares will be donated to two or three D.C. education-related charities I've supported over the years. Thus, a small portion of Facebook's success will be shared with low income students in Washington.