i

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m e l l ody hob s on

Chair

The Economic Club of Chicago

I am honored to be installed as the new chair of The Economic Club of Chicago

in the same year as the Club’s 90th anniversary. The stability and success of the Club

for the past nine decades is a true testament to the power of great people and ideas.

When The Economic Club of Chicago was founded in 1927, its goal was to bring

Chicago area executives together with future leaders to discuss civic ideals.

Since then, 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 the Club provides a safe space

for the curious and conscientious to come together.

The ECC 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 and 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, two thirds of our

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

After five 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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I n August of 2016, the Club moved to 33 n Dearborn Street, Suite 1700.

In this new space, the Club has the opportunity to host numerous members

for committee meetings, and will continue to explore new ways of utilizing

the space for the benefit of our members. The office move was made possible thanks

to the generous work of AmTrust Realty Corporation, Cushman & Wakefield,

Environmental System Design (esd), Forward Space, Galambos + Associates, Gensler,

Reed Construction, Sidley Austin llp and SpaceLogik llc.

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

08/01

ECC moves to 33 N. Dearborn

12 /14

Dinner Meetingfeaturing

Dean Kamen

The inventor discussed innovation, technology and STEM education.

10/24

Dinner Meetingfeaturing Oscar Munoz

10/2 8

Young Leadership Forumfeaturing

Parag Khanna

10/0 6

Roundtable featuring Wendy Sherman

The former Under Secretary of State gave remarks on global politics.

The new CEO of United shared personal and professional perspectives.

A presentation to Young Leaders on the development of megaregions and connectivity.

ja n fe b mar a p r may junaug se p oc t nov decjul

1 1/16

Forum featuring David Axelrod

1 1/2 2

Roundtable featuring Ambassador José Cabañas

1 1/0 7

Leadership Dinners

The Ambassador to the United States from Cuba informed members of opportunities in the country.

The renowned political expert gave his analysis of the 2016 election.

Dinners hosted around the city discussed the future direction of the Club.

0 2 /0 9

Special Meeting Annual Auto Show

Dan Ammann, president of General Motors, provided the keynote.

0 9/14

Discussion Series Alexander Hamilton

The annual Aspen series centered on the controversial founding father.

0 9/0 9

Roundtable featuring Maya MacGuineas

The head of the Fix the Debt Campaign communicated the significance of the federal deficit.

0 1/17

In the Boardroomfeaturing Michael Reinsdorf

0 1/3 0

Dinner Meetingfeaturing

Ben Silbermann

The Bulls president and COO hosted young leaders at a private dinner and Bulls game.

A personal and insightful presentation on his path to co-founding Pinterest.

0 1/12

ECC Open House

The Club opened its new office space to members for the afternoon.

0 3/0 2

Young Leadership Forumfeaturing James Balog

0 3/0 2

Forumfeaturing

James Balog

0 3/0 7

Special Meetingfeaturing

Thomas C. Ricketts

Young leaders met with the environmental photographer to learn more about his career.

Later that night, all members were invited to examine the observable signs of climate change.

Members celebrated the Chicago Cubs World Series win, featuring a conversation with Chairman Tom Ricketts.

0 5/0 1

Dinner Meetingfeaturing Ginni Rometty

0 5/10

Fifth Nightfeaturing

Yo-Yo Ma

0 5/18

Young Leadership Forumfeaturing

Sheriff Tom Dart

The IBM chairman, president and CEO gave remarks on Watson and the “cognitive era.”

The renowned cellist discussed cultural citizenship and performed with additional guest musicians.

An informative conversation on the criminal justice system in Cook County.

0 4/0 6

Special Meetingfeaturing Ambassador Navtej Sarna

0 4/0 5

Forum Shareholder Activism

A panel discussion on the long term effects of shareholder activism and whether it is good for the economy.

The Indian Ambassador to the United States spoke to the current state of affairs in his country.

0 4/19

Roundtablefeaturing

Jeffrey Seller and Luis A. Miranda, Jr.

An informative look into the Hamilton Education Initiative associated with the Hamilton musical.

0 6/0 1

Thank You Reception

Cocktails and conversation for all members who helped make the program year possible.

0 6/0 6

Civic Leadership Dinners

Members participated in small dinner discussions on implicit bias and leadership.

2016 2017

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first l ady michelle obama – april 10, 2013

“We can host all the luncheons and make all the announcements we want. But

at the end of the day, if our kids keep waking up in neighborhoods where they don’t

feel safe on their own front porches, if they’re still attending schools with

crumbling ceilings and ripped up textbooks, if there’s nowhere safe for them to go

when that afternoon bell rings, then nothing speaks louder than that. Nothing.”

“I try to encourage students to think early in their life what they can do to

make the country a better place; give back your time, your energy, your ideas,

because something will strike your fancy and something you can do will make

this country a slightly better place, and if everyone does that I think our country

can be a much better country than it has been.”

david rubenstein – februa ry 4, 2016

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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“As I see it, any solution to climate change should be about shaping the world’s

economic future. We have experienced several great economic transformations in

our history. The industrial revolution, the technology revolution, our modern era of

globalization. Now we are on the threshold of another revolution, the age of green

economics.”

“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.”

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

secretary– gener al ban ki–moon – february 7, 2008elon musk – april 12, 2012

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01 michael bloombergOwner, Founder & CEO Bloomberg

02 ilene s. gordonChairman, President & CEO Ingredion

03 dick costoloCEO Twitter

04 john t. chambersCEO Cisco Systems

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 john mackeyCo-Founder & Co-CEO Whole Foods

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 sir martin sorrellCEO WPP

22 barack obamaSenator Elect State of Illinois

23 patrick whitesellCo-CEO WME-IMG

24 indra nooyiCEO PepsiCo

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 tom brokawJournalist NBC News

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 greg brownChairman & CEO Motorola Solutions

38 robert a. igerChairman & CEO The Walt Disney Company

39 ellen j. kullmanRetired Chair & CEO DuPont

40 arne duncanSecretary of Education United States of America

41 al goreFormer Vice President United States of America

42 roger goodellCommissioner National Football League

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07 08 09 10 11 12

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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

AWA R D S

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 2017–2018

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

mellody hobsonChair

reeve b. waudFirst Vice Chair

elizabeth connellySecond Vice Chair

james p. kolarTreasurer

sheridan turnerSecretary

donna f. zarconePresident & CEO

ilene s. gordonEx Officio

debra a . cafaroMember

michael c. kraussMember

robert a. livingstonMember

roxanne m. martinoMember

manuel sanchezMember

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

reeve b. waudProgram Chair

elizabeth connellyForums Chair

james p. kolarFinance Chair

bridget m. o’keefeMembership Chair

scott nationsQuestions Chair

philippe lavieReception Chair

kristen e. prinzYoung Leaders Chair

EC C T E A M

donna f. zarconePresident & CEO

nivia boykinAdministrative Assistant

hannah buhlProgram Assistant

katherine cooneyCommunications Coordinator

katie espositoDirector of Programs

amy harrisDirector of Membership & Accounts

joelle kuhnenExecutive Assistant

andrew leasureDirector, Finance & Administration

anthony venaInformation Technology Manager

emily whelchelProgram & Member Engagement Manager

R E C E N T PA S T C H A I R S

ilene s. gordonjohn r. ettelsonjohn a. canning, jr. david b. speerjohn w. rogers, jr.

william m. daleymiles d. whitew. james farrellmichael h. moskowandrew j. mckenna

phillip b. rooneyarnold r. weberrobert w. galvinedgar d. jannottapatrick g. ryan

john h. bryandonald c. clarkrichard l. thomasrichard b. ogilviecharles marshall

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

suzanne s. bettmanCAO & General CounselLSC Communications

sally e. 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 Nonprofit BankingJPMorgan Chase Bank

sean connellyPresident & CEO ConAgra Foods

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 gangFounder & Design PrincipalStudio Gang Architects

margo georgiadisCEOMattel

dean m. harrisonPresident & CEONorthwestern Memorial HealthCare

jack hartmanPresident & COOSDI Presence

gavin hattersleyCEO MillerCoors

mellody hobsonPresidentAriel Investments

kym hubbardRetired Treasurer, CIO & Global Head of InvestmentsErnst & Young

james p. kolarCentral Market Managing Partner PricewaterhouseCoopers

michael c. kraussCo-Founder & PresidentMarket Strategy Group

anil kumarCo-Founder & CEOQuinnox

robert a. livingstonPresident & CEODover Corporation

phyllis 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

oscar munozCEOUnited Airlines

martin h. nesbittCo-CEOThe Vistria Group

anne r. pramaggiorePresident & CEOComEd

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

alejandro silvaRetired Chairman & CEOEvans Food Group

greg d. smithCFO & Executive Vice President of Corporate Development and StrategyThe Boeing Company

ted souderHead of Industry – Retail Google

donald thompsonCEOCleveland Avenue

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

andrea l. zoppDeputy MayorCity of Chicago

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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.

For an individual to be considered for membership,

two current members must

serve as sponsors for that candidate.

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