i

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m e l l ody hob s on

Chair

The Economic Club of Chicago

I t is an honor to serve as the chair of The Economic Club of Chicago as we complete

our 90th anniversary year. The stability and success of the Club over the past

nine decades is a true testament to the power of committed people with great ideas.

When the Club was founded in 1927, its goal was to bring Chicago area executives

together with future leaders to discuss civic ideals. True to its purpose, the Club

has cultivated meaningful conversations about the social, political, and economic

issues in our society. Today, during a time where civil discourse is in short supply,

our mission is even more essential as we offer a safe space for the curious and

conscientious to come together.

The Club is unique in its ability to challenge and engage our membership purposefully.

Our programs encourage diverse opinions and unique perspectives amongst

an array of disciplines. To that end, we have been continually inspired by some of

the most influential leaders and innovators of our day.

It is an exhilarating time to serve as chair of The Economic Club of Chicago and

our extraordinary members fuel my enthusiasm for all that lies ahead.

A M ES S AG E F RO M T H E C H A I R

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don na f. z arcon e

President & CEO

The Economic Club of Chicago

T he Economic Club of Chicago’s membership is a curated composition of

business and civic leaders that reflects the diverse leadership of the city.

With over 2,000 members across 38 industries, the Club convenes thought

leaders with varying perspectives to consider the public responsibility inherent to

their roles in the city. This underscores the ECC mission to, “foster meaningful

connections among Chicago leaders to encourage dialogue on important economic

and social issues and to cultivate the next generation of civic leadership.”

A key pillar of our membership is this demonstrated commitment to civic engagement,

a trait that sets the Chicago business community apart. Additionally, 70% of our

members are C-suite executives, representing the top leaders of their respective fields.

After six years serving as the Club’s president and chief executive officer, I can attest

to the vitality of our organization and our members’ consistent appeal for programs

that will challenge and educate. The Club itself could not function without the

contribution of its members, who donate their time to various committees. And perhaps

most significantly, our members continue to cultivate a community of thinkers and

innovators who will impart the Club’s vision to the next generation of Chicago leaders.

A N O T E F R O M T H E C E O

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D ay-to-day Club operations are run out of our office space located at

33 n Dearborn, Suite 1700. Club staff annually hosts over 300 members

in the space for committee meetings and member-related programming.

If you are ever in the area, stop by and say hi!

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P R O G R A M O F F E R I N G S

The formal black-tie meetings occur four times

a year and feature global leaders who

share their views on contemporary issues.

D I N N E R M E E T I N G S F O R U M S

Held periodically throughout the year,

forum meetings are subject-driven

and often feature a panel of experts.

R O U N D TA B L E S

Held throughout the year as opportunities arise,

these breakfast meetings offer our members

an exclusive opportunity to engage with timely

speakers on a more intimate level.

L E A D E R S H I P D I N N E R S

Our most highly rated program, the Leadership

Dinners allow members the opportunity

to attend private small group dinners hosted by

past and present leaders of the Club.

These meetings provide members 45 years and

younger the opportunity to meet

senior leaders and connect with peers.

Y O U N G L E A D E R S H I P F O R U M S D I S C U S S I O N S E R I E S

Led by the Aspen Institute’s Henry Crown Fellows,

the discussion series brings together members for small

group conversations on a specific topic over dinner.

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F I F T H N I G H T

The program year ends with ECC’s annual

Fifth Night social event which celebrates a

cultural or educational institution in Chicago.

S P E C I A L M E E T I N G S

Occasionally Special Meetings are held when

notable or timely opportunities arise.

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8 9

se p t e m be r 2017

0 9/19

Discussion Series Karl Marx

The annual fall series centered on the controversial philosopher and his ideas on socialism.

0 9/0 8

In the Boardroom featuring Juan Luciano

0 9/2 9

Forum featuring Ginger Evans

The chairman, president & CEO of Archer Daniels Midland hosted Young Leaders for a dialogue at his office space.

An informative presentation from the commissioner of the Chicago Department of Aviation.

10/12

Dinner Meetingfeaturing Mary Dillon

10/18

Roundtablefeaturing

Katherine Gehl

10/0 5

Mixer

The Club hosted members of Leadership Greater Chicago at the 33 n Dearborn office space for conversation and hors d’oeuvres.

The Ulta Beauty CEO discussed leadership and the dynamic beauty industry.

Club member and co-author of Why Politics is Failing America emphasized the need for change in our gridlocked system.

o c t obe r 2017

1 1/2 8

Roundtable feat. the honor a ble Bruce Heyman

1 1/3 0

Roundtable featuring David Reifman

An enlightening examination of U.S.-Canada relations from the former U.S. Ambassador to Canada.

The commissioner of the Chicago Department of Planning and Development provided remarks on projects occurring throughout the city.

1 1/2 2

Special Meeting featuring Jamie Dimon

The JPMorgan Chase chairman and CEO discussed the global economy, corporate community engagement, banking regulations and JPMorgan Chase’s donation targeting development in Chicago’s south and west sides.

1 1/0 9

Fall Leadership Dinners

Established leaders of the Club hosted members at dinners around the city.

1 1/16

Forum featuring Gerard Baker

The editor-in-chief of the Wall Street Journal and Dow Jones made observations on the rising wave of populism.

Continuing the Conversation

After the forum, Young Leaders had the opportunity to ask Mr. Baker additional questions in a small-group setting.

nov e m be r 2017

12 /0 5

Dinner Meeting feat. the honor a ble Barack Obama

12 /1 1

Special Meeting Innovation for the Ages

The Club partnered with Chicago Innovation at the Museum of Broadcast Communications to host a panel on creating a second act.

Chair Mellody Hobson interviewed the 44th President of the United States for an audience of 2,800 attendees.

de c e m be r 2017

0 1/10

Young Leadership Forum featuring Mellody Hobson

Club chair and Ariel Investments president answered questions about diversity and leadership.

0 1/18

Forum featuring Arne Duncan

A sobering presentation on the state of gun violence in Chicago and the work Chicago CRED is doing to combat it.

0 1/3 1

Consular Corps Luncheon

Consuls General gathered to hear remarks from internationally renowned architect and Club board member Jeanne Gang.

ja n ua ry 2018

0 2 /13

Dinner Meetingfeaturing Laurence D. Fink

0 2 /2 1

Roundtablefeaturing

Chris Kuenne

The founder, chairman and CEO of BlackRock, Inc., discussed his annual letter to CEOs and corporate social responsibility.

The conversation centered on the book Mr. Kuenne co-authored, Built for Growth: How Builder Personality Shapes Your Business, Your Team, and Your Ability to Win.

0 2 /0 8

Special MeetingAnnual Auto Show

Hinrich J. Woebcken, CEO of North American Region, Volkswagen and president and CEO, Volkswagen Group of America, Inc., provided the keynote.

f e brua ry 2018

0 4/16

Author Discussion Seriesfeaturing

Natalie Y. Moore

The WBEZ reporter and author of The South Side: A Portrait of Chicago and American Segregation gave remarks on her book, followed by dinner discussion groups on this topic.

0 4/0 6

Special Meetingfe at. the honor a ble Jerome H. Powell

The newly installed chairman of the Federal Reserve System gave his first public speech on the state of the economy.

a p r i l 2018

0 5/0 7

Dinner Meetingfeaturing Jeffrey Seller

0 5/2 1

Special Meetingfeaturing Dambisa F. Moyo

0 5/3 0

Thank You Reception

The Broadway producer of Hamilton shared anecdotes about his life and the business of making musicals.

The global economist discussed the premise of her most recent book, Edge of Chaos: Why Democracy is Failing to Deliver Economic Growth—and How to Fix It.

Beer, wine, cocktails and conversation for all members who helped make the program year possible.

0 5/15

Fifth NightThe Evolution of Craft Beer

Nine Chicago breweries participated in an event hosted at the newly renovated Theater on the Lake. The program featured two panels on the history of craft beer in Chicago and the business of beer.

m ay 2018

0 6/0 5

Spring Leadership Dinners

Members participated in small dinner discussions on corporate social responsibility.

j u n e 2018

R E C E N T L Y A T E C C

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the honor able bar ack obama – december 5 , 2017

“America at its best has stood for the narritive of pluralism, tolerance, democracy, rule of law,

human rights, freedom of the press, freedom of religion—that’s a more powerful narrative.

And a majority of people around the world aspire to that narrative, which is the reason

why people still want to come here. But we have to fight for it […] I always want to emphasize

not to take for granted the institutions, norms and values that we have built. It’s not so much

that they’re fragile, but they are reversible.”

“In 2008 and 2009, we had a big shock to the financial system, and the financial system

was not strong enough to hold up against that shock and a number of institutions had to be

bailed out by the government. So, we set to work to make sure that doesn’t happen again.

We look back and now we have an incomparably stronger financial system with higher

capital, higher liquidity, better risk management and better governance.”

the honor able jerome h. powell – april 6, 2018

S P E A K E R H I G H L I G H T S P E A K E R H I G H L I G H T

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“Capitalism has the ability to assume different forms, for different times, for different nations.

Clearly the western capitalism that dominated the last years of the 20th century has

suffered a severe jolt. But out of the wreckage of the old, the new is struggling to be born.

We do not lack the knowledge to improve our world, neither do we lack the need.

If we fail, it will be because we lacked the will.”

“I am certainly pushing for innovation all the time. So I’m trying as hard as I can

to push people to try new and different things. Whenever you try something new

there’s a probability that it will succeed. It’s never certain. In fact it’s arguably

uncertain. So there has to be a culture where failure is fine provided that people

thought it through and have some good assessment of the risks ahead of time.”

indr a nooyi – april 10, 2010elon musk – april 12, 2012

S P E A K E R H I G H L I G H T S P E A K E R H I G H L I G H T

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01 michael bloombergOwner, Founder & CEO Bloomberg

02 ilene s. gordonChairman, President & CEO Ingredion

03 dick costoloCEO Twitter

04 ban ki-moonSecretary-General United Nations

05 hillary rodham clintonFormer Secretary of State United States of America

06 ben silbermannCo-Founder & CEO Pinterest

07 george w. bush43rd President United States of America

08 sheryl sandbergCOO Facebook

09 matthew maloneyFounder & CEO Grubhub

10 ginni romettyChairman, President & CEO IBM

11 rahm emanuelMayor City of Chicago

12 penny pritzkerSecretary of Commerce United States of America

13 toni preckwinklePresident Cook County Board

14 laurence d. finkFounder, Chairman & CEO BlackRock

15 mary t. barraChairperson & CEO General Motors Company

16 henry m. paulsonSecretary of the Treasury United States of America

17 paul d. ryanU.S. Congressman State of WisconsinChairman House Budget Committee

18 thomas s. rickettsExecutive Chairman Chicago Cubs CEO Incapital

19 michael v. haydenFormer Director The Central Intelligence Agency

20 julie smolyanskyCEO Lifeway Foods

21 jamie dimonChairman & CEO JPMorgan Chase

22 mary dillonCEO Ulta Beauty

23 david rubensteinCo-Founder & Co-CEO The Carlyle Group

24 michelle obamaFirst Lady The United States of America

25 yo-yo maCellist, Judson and Joyce Green Creative Consultant The Chicago Symphony Orchestra

26 shradha agarwalCo-founder & CSO ContextMedia

27 oscar munozCEO United Airlines

28 howard schultzCEO Starbucks

29 george lucasFounder Lucasfilm

30 kenneth c. griffinFounder & CEO Citadel

31 david axelrodDirector University of Chicago Institute of Politics

32 tony blair Prime Minister The United Kingdom

33 william rockwell “rocky” wirtzOwner & Chairman Chicago Blackhawks

34 irene rosenfeldCEO Kraft Foods

35 eric e. schmidtExecutive Chairman Google

36 ben s. bernankeChairman Board of Governors of the Federal Reserve System

37 dambisa f. moyoGlobal Economist & Author

38 robert a. igerChairman & CEO The Walt Disney Company

39 ellen j. kullmanRetired Chair & CEO DuPont

40 arne duncanManaging Partner Chicago CRED

41 al goreFormer Vice President United States of America

42 greg brownChairman & CEO Motorola Solutions

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07 08 09 10 11 12

13 14 15 16 17 18

19 20 21 22 23 24

25 26 27 28 29 30

31 32 33 34 35 36

37 38 39 40 41 42

PA S T S PE A K E R S

please note The titles and companies are represented as they were

at the time of the speaker’s program with ECC.

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W E A R E AT T H E H E A R T O F

W H AT M A K E S C H I C A G O W OR K .

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C H I C A G O S Y M P H O N YO R C H E S T R A

H E N R Y CR O W N F E L LO W S,T H E A S P E N I N S T I T U T E

S H E D D A Q U A R I U M

A D L E RP L A N E TA R I U M

LY R I C O P E R A O FC H I C A G O

A F T E R S C H O O L M AT T E R S

CIV IC CONSULT ING

ALL IANCE

U N I T E D WAY O F M E T R O P O L I TA N

C H I C A G O

C H I C A G O L A N DC H A M B E R O F C O M M E R C E

R U S H U N I V E R S I T YM E D I C A L C E N T E R

T H E C H I C A G ON E T W O R K

1 8 7 1

L E A D E R S H I PG R E AT E R C H I C A G O

C R A I N ’ S C H I C A G OB U S I N E S S

4 0 U N D E R 4 0

Y P 0 / Y P O G O L D

NO R T H W E S T E R NU N I VE R S I T Y

N O R T H W E S T E R NM E M O R I A L H O S P I TA L

E X E C U T I V E S ’C L U B O F C H I C A G O

C H I C A G OI N N O VAT I O N

F I E L D M U S E U MO F NAT U R A L H I S TO R Y

B I GS H O U L D E R S

F U N D

B U S I N E S SR O U N D TA B L E

A N N & R O B E R T H. L U R I E C H I L D R E N ’ S H O S P I TA L O F

C H I C A G O

A R T I N S T I T U T EO F C H I C A G O

T H E C H I C A G O C O U N C I LO N G L O B A L A F F A I R S

W O R L D B U S I N E S SC H I C A G O

T H E C H I C A G OCO M M U N I T Y T R U S T

C H I C A G O C O N S U L A RC O R P S

U N I V E R S I T YO F C H I C A G O

T H E C O M M E R C I A LC L U B O F C H I C A G O

CH I CA G OU R B A N L E A G U E

M U S E U M O F S C I E N C E & I N D U S T R Y,

C H I C A G O

W E B O F C O N N E C T I O N S

A s Crain’s Business Chicago noted in its 2016 “Most Connected” issue,

The Economic Club of Chicago has maintained itself as the most

connected club in the city. With a membership consisting of leaders from

38 different industries, the Club brings together representatives of some of

the most significant Chicago institutions that continue to shape the city.

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C L U B L E A D E R S H I P 2018–2019

COM M I T T E E CH A I R S

sid balaMembership Chair

tarrah cooperReception Chair

andy crestodinaYoung Leaders Chair

james p. kolarFinance Chair

don mcneillCommunications Chair

john pintozziQuestions Chair

david snyderForums Chair

donald thompsonNominating Chair

reeve b. waud Programs Chair

EC C T E A M

donna f. zarconePresident & CEO

hannah buhlProgram Coordinator

katherine cooneyProgram Communications Coordinator

katie espositoDirector of Programs

patsy flynnFinance & Administration Coordinator

amy harrisDirector of Membership & Accounts

joelle kuhnenExecutive Assistant

andrew leasureDirector of Finance & Administration

anthony venaInformation Technology Manager

emily whelchelProgram & Member Engagement Manager

joshua whiteMembership & Administrative Assistant

benita zepedaMarketing Communications Manager

BOA R D OF D I R E C T O R S

suzanne s. bettmanCAO & General CounselLSC Communications

sally blount, phdDeanKellogg School of Management Northwestern University

greg brownChairman & CEOMotorola Solutions

debra a. cafaroChairman & CEOVentas

keith cardozaPrincipal & CIOBrownson, Rehmus & Foxworth

john a. challengerCEOChallenger, Gray & Christmas

elizabeth connellyIndustry Head Healthcare, Higher Education and Non-Profit BankingJPMorgan Chase

sean m. connollyPresident & CEO Conagra Brands

james a. dezellarPartner & Managing DirectorChicago Equity Partners

mary dillonCEOUlta Beauty

theodore l. dysartVice ChairmanHeidrick & Struggles

charles l. evansPresident & CEO Federal Reserve Bank of Chicago

brian d. fabesCEOCivic Consulting Alliance

jeanne gangFounding PrincipalStudio Gang Architects

margo georgiadisCEOAncestry

dean m. harrisonPresident & CEONorthwestern Memorial HealthCare

gavin hattersleyCEO MillerCoors

mellody hobsonPresidentAriel Investments

kym hubbardCorporate Board Member PIMCO Funds & State Auto Financial Corporation

valerie jarrettDistinguished Senior Fellow The University of Chicago Law School

james p. kolarCentral Market Managing Partner PricewaterhouseCoopers

michael c. kraussCo-Founder & PresidentMarket Strategy Group

anil kumarCo-Founder & CEOQuinnox

phyllis m. lockettCEOLEAP Innovations

juan r. lucianoChairman, President & CEOArcher Daniels Midland Company

patrick m. magoonPresident & CEOAnn & Robert H. Lurie Children’s Hospital of Chicago

roxanne m. martinoManaging PartnerOceanM19

charles r. matthewsPresident & CEOPeoples Gas

oscar munozCEOUnited Airlines

martin h. nesbittCo-CEOThe Vistria Group

bridget m. o’keefePartner Daspin & Aument

anne r. pramaggioreSenior Executive Vice President & CEOExelon Utilities

michael reinsdorfPresident & COOChicago Bulls

james reynolds, jr.Founder, Chairman & CEOLoop Capital Markets

desiree rogersChairChoose Chicago

manuel sanchezFounder & Managing PartnerSanchez, Daniels & Hoffman

scott santiChairman & CEO Illinois Tool Works

jennifer scanlonPresident & CEO USG Corporation

greg d. smithCFO & Executive Vice President of Enterprise Performance and StrategyThe Boeing Company

ted souderHead of Industry – Retail Google

david snyder COO Chicago CRED

glenn f. tiltonRetired Chairman of the BoardUnited Continental Holdings

sheridan turnerPresident & CEOKohl Children’s Museum of Greater Chicago

michael j. walkerPresidentSpaceLogik

gregory d. wassonCo-Founder & PresidentWasson Enterprise

reeve b. waudFounder & Managing PartnerWaud Capital Partners

donna f. zarconePresident & CEOThe Economic Club of Chicago

R E C E N T PA S T C H A I R S A N D H O N O R A R Y B O A R D D I R E C T O R S

ilene s. gordonjohn r. ettelsonjohn a. canning, jr. david b. speer*

john w. rogers, jr.william m. daleymiles d. whitew. james farrell

michael h. moskowandrew j. mckennaphillip b. rooneyarnold r. weber

robert w. galvin *

edgar d. jannottapatrick g. ryanjohn h. bryan

*Deceased

E X E CU T I V E COM M I T T E E

mellody hobsonChair

reeve b. waudFirst Vice Chair, Programs

david snyderSecond Vice Chair, Forums

james p. kolarTreasurer

bridget m. o’keefeSecretary

donna f. zarconePresident & CEO

ilene s. gordonEx-Officio

debra a. cafaroMember

elizabeth connellyMember

roxanne m. martinoMember

manuel sanchezMember

ted souderMember

E X E CU T I V E COM M I T T E E

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PA T H T O M E M B E R S H I P1

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T he Membership Committee consists of 75 members who serve on 10 sub-

committees, each one representing specific industries and occupations.

The subcommittees are responsible for reviewing proposals that members

submit for consideration. Their foremost objective is to fill each available club

membership with the best candidate possible. The entire Membership Committee

meets four times a year to elect new members. Since vacancies are not filled in

chronological order, it is not unusual for a very strong candidate to remain on

the waitlist for two years or more. Since its formation, the Club has worked to

attract a diverse membership by age, profession and background, with a particular

emphasis on identifying younger members so that the ideas and ideals of one

generation will be passed on to the next. All decisions with respect to membership admission,

retention and revocation are at the discretion of The Economic Club of Chicago Board of Directors.

For an individual to be considered for membership,

two current members must serve as sponsors

for that candidate. It is Club tradition that all correspondence

regarding membership be done through the candidate’s sponsors.

T W O S P O N S O R S B I OG R A P H Y & P R O P O S A L

Sponsors must provide the Club a biography along

with a completed proposal for membership.

C O M M I T T E E S E L E C T I O N

At the quarterly meetings of the Membership Committee,

selected candidates are elected to membership.

I N T E R V I E W

A representative of the corresponding membership

subcommittee will review the proposal

and determine if an interview will take place.

Both sponsors must provide a letter of support,

detailing the reasons the candidate

should be considered for membership.

Additional letters of support are welcome.

L E T T E R S O F S U P P O R T AT T E N D A D I N N E R M E E T I N G

A candidate is required to attend a Dinner Meeting,

preferably with their sponsor.

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TH E ECONOM IC CLUB OF CH ICAG O

33 n Dearborn Street, Suite 1700 Chicago, il 60602

econclubchi.org  312.726.1628

General Questions .........................................................ecc@econclubchi.org

Membership Inquiries ................................. membership@econclubchi.org

Reservation Inquiries .................................... reservations@econclubchi.org

Speaker Inquiries .............................................. speakers@econclubchi.org

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