Comment by legitster

Commissioning CEOs to cabinet positions temporarily or even to serve as colonels in the military (if they are good at logistics, for example) has been a pretty common practice, and always not without some conflicts of interest. But for that person to still retain their CEO position is pretty unprecedented.

Maybe the closest example would be something like JP Morgan, who was regularly relied upon by the government as an advisor on economic matters before the US Federal Reserve was a thing.