Carlucci replaced William Clark as Chairman of the organization in 1999. 2000s In 2000, David Laux stepped down and Rupert Hammond-Chambers was elected as the youngest-ever president. In 2001, the name of the organization was again changed to “US-Taiwan Business Council.” In 2003, William Cohen was elected as chairman, and Senator Conrad Burns of Montana took the place of Frank Murkowski as honorary co-chairman. In 2005, the council gained new leadership with the election of Senator William Brock to the chairmanship and Vance D. Coffman to the position of vice chairman. In 2007, Senator Lisa Murkowski of Alaska took over the honorary co-chairman seat vacated by Conrad Burns. In 2008, Paul D. Wolfowitz joined the council as its chairman, succeeding Bill Brock. 2010s In 2016, Senator Bob Menendez of New Jersey took over the honorary co-chairman seat vacated by Jay Rockefeller, who had held the post since 1997. In 2018, Michael R. Splinter joined the council as its chairman, succeeding Paul D. Wolfowitz. Miscellaneous The council is incorporated in the District of Columbia and is designated by the Internal Revenue Service as a tax-exempt organization under section 501(c)(6) of the Internal Revenue Code. The council's "sister organization" in Taiwan is the ROC-USA Business Council. During the 1980s and 1990s, the two organizations co-hosted conferences – called "Annual Joint Business Conferences" – which were held on alternate years in either Taiwan or the US. The conferences served as opportunities for high-level bilateral dialogue, and often brought United States Cabinet officers to Taiwan. This tradition ended in 2004. References External links Official site US-Taiwan Defense Industry Conference About the first Defense Industry Conference in 2002 Taiwan + China Semiconductor Outlook Conference ROC-USA Business Council Foreign trade of Taiwan Non-profit organizations based in Washington, D.C. Non-profit organizations based in Chicago Non-profit organizations based in Arlington, Virginia 501(c)(6) nonprofit organizations