i

1

de br a a . c a fa ro

Chair

The Economic Club of Chicago

T he Economic Club of Chicago has always been at the heart of what makes

Chicago work. For 91 years, members have convened with a distinct

mission: to cultivate future generations of civic leadership through

dialogue on major economic and social issues. The ECC’s distinguished legacy is

enhanced by hosting global thought leaders, who engage with our members on these

key issues. I am honored to lead the Economic Club and carry on this proud tradition.

While serving on the Economic Club board, I have witnessed what a unifying force the

ECC can be when our members join to debate and experience the ideas of accomplished

leaders from the business, public service, entertainment and academic spheres.

As life-long learners and motivated doers, we are inspired by these achievers who

drive solutions to the challenges we face across the globe. We are encouraged by their

enthusiasm to exchange knowledge, and we are compelled to ask ourselves how we

can also excel for the benefit of our companies, communities and the broader world.

There is transformative power in a shared vision. The founders of the ECC recognized

that in 1927, and today we continue to live that vision, founded on dialogue and

respect. I thank those who have elevated the ECC to its enviable position, and look

forward to creating insightful experiences and energizing conversations for fellow

ECC members. When we come together, there’s no telling what we can accomplish.

I’m eager to find out.

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 representing every industry in Chicago, 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, more than 70% of

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

After seven 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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j u ly 2018

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Special Meeting feat. the honor a ble Rahm Emanuel

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Roundtablefeat. his excellenc y Dirk Wouters

The Chicago Mayor discussed the city’s progress on issues relating to education, the economy and more.

Belgian Ambassador Wouters provided remarks on bilateral relations between the U.S. and the European Union.

10/0 3

Dinner Meetingfeaturing Satya Nadella

10/1 1

Roundtablefeaturing John R. Allen

The Microsoft CEO spoke to future trends in Artificial Intelligence and repositioning Microsoft.

The President of The Brookings Institution and former four-star general elaborated on current global affairs.

o c t obe r 2018

s e p t e m be r 2018

de c e m be r 2018

12 /0 6

Dinner Meeting featuring Bono

12 /12

Roundtable featuring Joshua Skule

Chair Mellody Hobson moderated a conversation with the rockstar that touched on his childhood, U2 and the mission behind his organizations ONE and (RED).

As Executive Assistant Director for Intelligence at the FBI, Mr. Skule provided a sobering presentation on cybersecurity risks in the private sector.

1 1/14

Forum feat. the honor a ble John W. Hickenlooper

The Colorado governor presented on the accomplishments of his tenure, including marijuana legalization and gun control.

10/3 0

Fall Leadership Dinners

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

1 1/0 2

Special Meeting feat. the honor a ble Lawrence A. Kudlow

As Assistant to the President and Director of the National Economic Council, Director Kudlow spoke to the country’s economic outlook.

nov e m be r 2018

12 /14

Young Leadership Forum featuring Ganesh Bell

0 1/15

Forum Planning for Chicago’s Next Tech Revolution

A panel of Chicago tech experts discussed plans for P33, an initiative to expand the city’s presence as a tech leader.

The Uptake President hosted young leaders at the company’s office space where he highlighted the foreseeable advances of big data.

de c e m be r 2018

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Special Meeting The Art of Innovation

The Club partnered with Chicago Innovation and the School of the Art Institute of Chicago to host a panel of creatives on artistic lessons that can be applied in the business sector.

ja n ua ry 2019

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Dinner Meetingfeaturing Stephen J. Easterbrook

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Special Meetingfeaturing Jean Case

0 3/19

Forumfeaturing Dan Gilbert

The McDonald’s President & CEO shared his perspective on managing one of the most recognizable brands in the world.

The conversation centered on Ms. Case’s new book, Be Fearless: Five Principles for a Life of Breakthrough and Purpose.

The Chairman of Quicken Loans, Rock Ventures and the Cleveland Cavaliers discussed his work in helping to revitalize his home city of Detroit.

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Special MeetingAnnual Auto Show

President & CEO of Jaguar Land Rover North America Joe Eberhardt debuted the new 2020 Range Rover Evoque to members on the showroom floor.

f e brua ry 2019

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Consular Corps Luncheonfeaturing

Betsy Ziegler

Consuls General gathered at 1871 to learn more about the world’s top ranked university-affiliated tech incubator.

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Young Leadership Forumin the boa r droom fe at. Patrick M. Magoon

Young Leaders were inspired by the passion and vision of the Club board member, who serves as President & CEO of Robert H. Lurie Children’s Hospital of Chicago.

m a rc h 2019

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Dinner Meetingfeaturing Debra A. Cafaro

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Roundtablefeaturing Tina Tchen

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Special Meeting Nonprofit Showcase

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Fifth Night Chicago Architecture Center

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Thank You Reception

Announced as the incoming Chair of the Club that night, Ms. Cafaro gave remarks and discussed the drive and determination that has successfully propelled her career.

At this women-only roundtable, the Buckley LLP Partner who led the White House Initiative on Women and Girls, discussed gender inequity and diversity issues in the workplace.

This job-fair-style event brought together 33 nonprofits looking to fill board seats with rising stars of the Chicago busi-ness community interested in increasing their civic engagement.

Members had the opportunity to explore the exhibits of the organization’s new home, voted one of the best new venues in Chicago.

Beer, wine, cocktails and conversation served as a thank you to Club members who helped make the program year possible.

a p r i l 2019

m ay 2019

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Spring Leadership Dinners

Young Leaders joined established leaders to host small dinner discussions at The Chicago Club and the University Club.

j u n e 2019

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

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Discussion Series Ulysses S. Grant

12 /19

Young Leadership Forum Holiday Party

The annual fall series examined the war hero’s legacy and his work during Reconstruction.

Young Leaders gathered at the Christkindlmarket in Daley Plaza for a holiday celebration.

Continuing the Conversation

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

Continuing the Conversation

After the forum, Mr. Gilbert answered additional questions from Young Leaders and shared wisdom from his own entrepreneurial journey.

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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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“Every single person in this room has power. Every single person in this room is going to

be hiring people if they are not already. Every person in this room has influence, because

by virtue of being in the Club, I know you have influence. So the question becomes, how do

you decide that that’s important? That you want to see something that pushes you into new

ideas and new perspectives that you wouldn’t have if everyone is the same. Challenge the

status quo. I truly believe that leads to a better outcome.”

“I think the thing that offends me, and makes me angrier than anything in the world,

is the squandering of human potential, including my own. I think that love, if we

had to define it, is the realizing of potential in others and indeed in yourself. […] You

never see human potential more squandered than in the dire despair of poverty and

extreme poverty. And to realize - I’ve said this before, but I hope it’s still not a cliché

– that where you live can never decide whether you live.”

mellody hobson – january 10, 2018bono – december 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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01 michael bloombergOwner, Founder & CEO Bloomberg

02 ilene s. gordonChairman, President & CEO Ingredion

03 dan gilbertFounder & Chairman Quicken Loans and Rock VenturesChairman Cleveland Cavaliers

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 satya nadellaCEO Microsoft

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 stephen j. easterbrookPresident & CEO McDonald’s Corporation

20 tina tchenPartner Buckley LLP

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 lawrence a. kudlowAssistant to the PresidentDirector of the National Economic Council

34 indra nooyiPresident & CEO PepsiCo

35 elon muskCo-Founder & CEO Tesla, Inc.Founder & CEO SpaceX

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 michael v. haydenFormer Director The Central Intelligence Agency

01 02 03 04 05 06

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

T he Economic Club of Chicago has consistently maintained itself

as one of the most connected clubs in the city. With a membership

of prominent leaders from every Chicago industry, 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 2019–2020

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

chris bertschy Membership Chair

tanya burnell Young Leaders Chair

mary dillon Nominating Chair

mary louise gorno Forums Chair

lynn jerath Reception Chair

don mcneill Communications Chair

mohan rao, phd Finance Chair

ted souder Programs Chair

brad spirrison Questions Chair

EC C T E A M

donna f. zarconePresident & CEO

hannah buhlProgram Coordinator

katherine cooneyProgram Communications Manager

katie espositoVice President & Chief Program Officer

patsy flynnFinance & Administration Coordinator

amy harrisDirector of Membership & Accounts

joelle kuhnenManager, Executive Office & Board Relations

andrew leasureVice President & Chief Financial Officer

anthony venaInformation Technology Manager

emily whelchelDirector of Member Engagement

joshua whiteMembership & Administrative Coordinator

benita zepedaMarketing Communications Manager

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

sid balaPresident & CEOalligatortek

suzanne s. bettmanCAO & General CounselLSC Communications

sally blount, phdMichael L. Nemmers Professor of StrategyKellogg School of Management Northwestern University

debra a. cafaroChairman & CEOVentas

keith cardozaPrincipal & CIOBrownson, Rehmus & Foxworth

john a. challengerCEOChallenger, Gray & Christmas

michelle l. collinsPresidentCambium

sean connollyPresident & CEO Conagra Brands

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

helene d. gayle, md, mphPresident & CEOThe Chicago Community Trust

mary louise gornoManaging DirectorIngenuity International

sally grimesGroup President Prepared Foods Tyson Foods

dean m. harrisonPresident & CEONorthwestern Memorial HealthCare

gavin hattersleyCEO MillerCoors

mellody hobsonPresidentAriel Investments

john holmesPresident & CEOAAR Corp.

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

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 Energy

oscar munozCEOUnited Airlines

michael o’gradyPresident & CEONorthern Trust

bridget m. o’keefePartner Daspin & Aument

mohan rao, phd CEOEpsilon Economics

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

pietro satrianoPresident & CEO US Foods

jennifer scanlonFormer President & CEO USG Corporation

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

david snyder COO Chicago CRED

ted souderHead of Industry – Retail Google

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

mellody hobson ilene s. gordonjohn r. ettelsonjohn a. canning, jr.

david b. speer*

john w. rogers, jr.william m. daleymiles d. white

w. james farrellmichael h. moskowandrew j. mckennaphillip b. rooney

arnold r. weberrobert w. galvin *

edgar d. jannottapatrick g. ryan

*Deceased

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

debra a. cafaroChair

ted souder First Vice Chair, Programs

mary louise gorno Second Vice Chair, Forums

mohan rao, phd Treasurer

sid bala Secretary

donna f. zarconePresident & CEO

mellody hobsonEx-Officio

sean connollyMember

dean m. harrisonMember

roxanne m. martinoMember

charles r. matthewsMember

reeve b. waudMember

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 over 80 members who serve on

10 subcommittees, each one representing specific industries and

occupations. The entire Membership Committee meets four times a year

to elect new members. 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. An individual may

remain a candidate for several years. 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

F I N D US ON S O C I A L M E DI A

#EconClubChi

 /company/the-economic-club-of-chicago

 @EconClubChi    @EconClubChi

 /EconomicClubChicago

View our program archive and livestream of select events on our YouTube Channel

2 0 1 8 - 2 0 1 9

F E A T U R E D A R T I S T

In an effort to engage the rich artistic community of Chicago, the Club launched a new initiative for the 2018-2019 Program Year that features portraits of each dinner meeting speaker

on the cover of the printed program. To launch this special initiative, the Club was honored to work with Chicago-based artist Julius Dizon-Cruz Bautista, whose portraits are below.

Clockwise from upper left corner: Satya Nadella, Bono, Debra A. Cafaro, Stephen J. Easterbrook

Julius Dizon-Cruz Bautista is a USMC veteran and Filipino-American

visual artist based in Chicago. Since pursuing a BFA at the University

of Illinois at Chicago, he has worked in various artist collectives with the

goal of increasing accessibility to the arts. His work infuses the traditional

representational arts with elements of urban and pop culture.