The Business Council
The Business Council is an organization of business leaders headquartered in Washington, D.C.[1][2][3][4] It holds meetings several times a year for high-level policy discussions.[5]
Contents
1 Mission
2 Leadership
3 History
4 Former Chairmen
5 Current Executive Committee[11]
5.1 Chairman
5.2 Members
6 External links
7 References
Mission
The Business Council is the only venue for the world's top CEOs to gather and engage in professional, intellectual, and leadership development.[5] The organization is guided by the belief that the business community's contributions to public discourse and governance are in the interest of the common good of the American people.[5][6][7]
Leadership
Marlene Colucci serves as executive director of The Business Council.[8] Appointed in 2013, Colucci has held leadership positions in public policy at the White House, U.S. Department of Labor, and American Hotel and Lodging Association.[8] She describes the organization as "an important voice for the business community with a high level of personal engagement by its members.”[8][9]
History
The Business Council was founded by Secretary of Commerce Daniel C. Roper and investment banker Sidney Weinberg as the Business Advisory Council for the United States Department of Commerce in 1933, under President Franklin D. Roosevelt.[1][2][3][10] It formed the Industrial Advisory Board for the National Recovery Administration during the Great Depression.[1] It also established committees to discuss the Securities Exchange Act of 1934, the Banking Act of 1935 and the Social Security Act.[1][10]
It was renamed The Business Council as an organization independent from the Department of Commerce in 1961, under President John F. Kennedy.[1]
Membership is limited to 200 active members, all of whom are CEOs of leading multinational businesses personally selected by fellow members of The Business Council.[1][5]
The organization is strictly nonpartisan.[5] It is headquartered in Washington, D.C.[2][3]
Former Chairmen
- 1933: Gerard Swope, General Electric.
- 1934: S. Clay Williams, R. J. Reynolds Tobacco Company.
- 1934–35: Henry P. Kendall, Kendall Company.
- 1936: George H. Mead, Mead Corporation.
- 1937–39: W. Averell Harriman, Brown Bros. & Co..
- 1940–41: William L. Batt, War Production Board.
- 1942–43: R. R. Deupree, Procter & Gamble.
- 1944–45: Thomas B. McCabe, Scott Paper Company.
- 1946: George M. Humphrey, National Steel Corporation.
- 1947–48: John L. Collyer, Goodrich Corporation.
- 1949–50: James S. Knowlson, Stewart-Warner.
- 1951–52: Robert T. Stevens, J.P. Stevens and Company.
- 1953: John D. Biggers, Libbey–Owens–Ford.
- 1954–55: Harold Boeschenstein, Owens Corning.
- 1956–57: Eugene Holman, Jersey Standard.
- 1958–59: Stephen Bechtel, Jr., Bechtel.
- 1960–61: Ralph J. Cordiner, General Electric.
- 1961–62: Roger Blough, U.S. Steel.
- 1963–64: F. R. Kappel, AT&T.
- 1965–66: W.B. Murphy, Campbell Soup Company.
- 1967–68: Albert L. Nickerson, Mobil Oil.
- 1969–70: Fred J. Borch, General Electric.
- 1971–72: William M. Batten, J. C. Penney.
- 1973–74: David Packard, Hewlett-Packard.
- 1975–76: Edmund W. Littlefield, General Electric.
- 1977–78: John D. deButts, AT&T.
- 1979–80: Reginald H. Jones, General Electric.
- 1981–82: Walter B. Wriston, Citicorp.
- 1983–84: Clifton C. Garvin, Jr., Exxon.
- 1985–86: Ruben F. Mettler, TRW Inc..
- 1987–88: Stephen Bechtel, Jr., Bechtel
- 1989–90: Roger B. Smith, General Motors Corporation.
- 1991–92: John F. Welch, Jr., General Electric.
- 1993–94: Robert E. Allen, AT&T.
- 1995–96: Edgar S. Woolard, Jr., DuPont.
- 1997–98: Larry Bossidy, AlliedSignal.
- 1999-00: Ralph S. Larsen, Johnson & Johnson.
- 2001–02: William T. Esrey, Sprint Corporation.
- 2003–04: Charles O. Holliday, Jr., Bank of America.
- 2005–06: Jeffrey R. Immelt, General Electric.
- 2007–08: W. James McNerney, Jr., Boeing.
- 2009–10: James W. Owens, Caterpillar Inc..
- 2011–12: James Dimon, JPMorgan Chase & Co..
- 2013–14: Andrew N. Liveris, The Dow Chemical Company.
- 2015–16: Jeffrey P. Bezos, Amazon.com.
Current Executive Committee[11]
Chairman
Henry R. Kravis, Co-Chairman & Co-CEO, Kohlberg Kravis Roberts
Members
Ajay Banga, President and CEO, MasterCard
Jeffrey Bezos, Founder & CEO, Amazon.com
Aneel Bhusri, Co-Founder & CEO, Workday, Inc.
James Dimon, Chairman & CEO, JPMorgan Chase & Co.
Alex Gorsky, Chairman & CEO, Johnson & Johnson
Steven A. Kandarian, Chairman, President & CEO, MetLife, Inc.
Andrew N. Liveris, President, Chairman & Chief Executive Officer, The Dow Chemical Company
Denise Morrison, President & CEO, Campbell Soup Company
Satya Nadella, Chief Executive Officer, Microsoft Corp.
Irene Rosenfeld, Chairman & CEO, Mondelez International
David M. Rubenstein, Co-Founder and Co-CEO, The Carlyle Group
Fred Smith, CEO, FedEx Corporation
Sir Martin Sorell, Group Chief Executive, WPP Group plc- Al Walker, Chairman, President & CEO, Anadarko Petroleum Corporation
External links
- The Business Council
References
^ abcdef The Business Council, Official website, Background Archived 2016-03-03 at the Wayback Machine.
^ abc Dow Chairman and CEO Andrew Liveris Elected Chairman, The Business Council Archived 2012-12-09 at Archive.is, dow.com, October 19, 2012
^ abc Press Release: The Dow Chemical Company, Dow Chairman and CEO Andrew Liveris Elected Chairman, The Business Council, Yahoo!, October 19, 2012
^ Dow Chief To Head National Business Organization Archived 2013-12-19 at the Wayback Machine., WSGW
^ abcde "Amazon's Jeff Bezos appointed chairman of Washington-based Business Council". Washington Post. Retrieved 2017-08-12..mw-parser-output cite.citation{font-style:inherit}.mw-parser-output q{quotes:"""""""'""'"}.mw-parser-output code.cs1-code{color:inherit;background:inherit;border:inherit;padding:inherit}.mw-parser-output .cs1-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/6/65/Lock-green.svg/9px-Lock-green.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-limited a,.mw-parser-output .cs1-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/d/d6/Lock-gray-alt-2.svg/9px-Lock-gray-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/thumb/a/aa/Lock-red-alt-2.svg/9px-Lock-red-alt-2.svg.png")no-repeat;background-position:right .1em center}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration{color:#555}.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration span{border-bottom:1px dotted;cursor:help}.mw-parser-output .cs1-hidden-error{display:none;font-size:100%}.mw-parser-output .cs1-visible-error{font-size:100%}.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registration,.mw-parser-output .cs1-format{font-size:95%}.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-right{padding-right:0.2em}
^ "VTB brings Bolshoi ballet to Kennedy Center". POLITICO. Retrieved 2017-08-12.
^ "About Us – The Business Council". businesscouncil.com. Retrieved 2017-08-12.
^ abc "Colucci to lead Business Council". POLITICO. Retrieved 2017-08-12.
^ "Marlene Colucci-Renna Named Executive Director of the Business Council". www.businesswire.com. Retrieved 2017-08-12.
^ ab Barack Obama, Remarks by the President to The Business Council, The White House: Office of the Press Secretary, February 13, 2009
^ "KKR & Co. LP: Henry Kravis Elected Chairman of The Business Council – The Wall Street Transcript". The Wall Street Transcript. Retrieved 2017-08-12.
