Real Estate Investor to Run California Stem Cell Program

Just out from the official Governor's Office press release:

Governor Arnold Schwarzenegger today announced his selections for leadership of the Independent Citizens Oversight Committee (ICOC) which oversees the California Institute for Regenerative Medicine created by the passage of Proposition 71. The proposition, supported by the Governor, was approved by voters in November and will fund stem cell research that may offer cures for ailments ranging from Alzheimer’s disease to diabetes and cancer. The Governor announced his nomination of Robert Klein for chairman and Edward Penhoet for vice chairman of the ICOC.