Obama Selects Julius Genachowski To Head FCC

US President Barack Obama on Tuesday nominated veteran technology executive Julius Genachowski to be chairman of the powerful regulatory Federal Communications Commission (FCC).

"I can think of no one better than Julius Genachowski to serve as chairman of the Federal Communications Commission," Obama said in a statement.

"He will bring to the job diverse and unparalleled experience in communications and technology, with two decades of accomplishment in the private sector and public service," he said.

Genachowski, 46, a former Harvard Law School classmate, served as Obama's chief high-tech adviser during his presidential campaign.

He has a reputation for being more of a deal maker and an executive than a pure technology expert, a criticism already circulating on Silicon Valley Web sites.