Committee for Economic Development
The Committee for Economic Development of The Conference Board (CED) is a business-led public policy organization based in Washington, D.C. Its membership consists primarily of senior corporate executives from a range of U.S. industries and sectors. Together with its members, CED aims to sustain and promote free enterprise, improve education and healthcare, reform campaign finance, enhance corporate governance, and improve the fiscal health of the United States.
History and principles
CED was founded in 1942 by a group of business leaders led by Paul G. Hoffman, President of Studebaker Corporation; William Benton, co-founder of Benton & Bowles advertising firm; and Marion B. Folsom, treasurer of Eastman Kodak Company. CED's was first formed to help the U.S. economy transition from a war-time to peace-time economy. At the end of World War II, CED successfully worked to garner support among the American business community for the Marshall Plan.
Since its inception, CED has aimed to promote policies that its members believe will foster economic growth and development to benefit all Americans. The organization conducts research and outreach efforts in the U.S. and abroad to change policy at the local, state, and national levels. In recent decades, CED has made increased access to pre-kindergarten and college, advocated campaign finance reform nationally, placed more women in corporate leadership, and reduced government spending.
The organization's work is grounded on seven core principles:
- Sustainable capitalism
- Long-term economic growth
- Efficient fiscal and regulatory policy
- Competitive and open markets
- Globally competitive workforce
- Equal economic opportunity
- Nonpartisanship in the nation’s interest.
On January 1, 2015, CED merged with The Conference Board. CED maintains an independent membership of nearly 200 executives in the U.S.
Leadership
CED's Chief Executive Officer is Steve Odland, who assumed the role in 2013. Michael Petro is CED's Executive Vice President and Joseph Minarik is the organizations Senior Vice President and Director of Research.
Policy research
CED conducts policy research and advocacy in four major areas: fiscal health, education (including early childhood, K-12, and postsecondary), global competitiveness, and democratic institutions. CED aims to encourage American business leaders to take a more expansive view of their responsibilities by practicing what it calls "business statesmanship" — recognizing that business leaders can promote societal health by engaging in and speaking out for the common good on timely public policy issues.
Policy Conferences
CED's policy conferences are forums for Members, senior policy makers, and industry leaders to discuss pressing national issues that are aligned with CED’s core policy areas: the economy, education, global competitiveness, and democratic institutions. To advance reasoned solutions from business in the nation’s interest, CED convenes for two days, twice-yearly, to address these seminal economic issues.
Recent and distinguished speakers include:
- Andy Ozment, Assistant Secretary, Office of National Protections and Programs Directorate, Cybersecurity and Communications, Department of Homeland Security
- Congressman Don Beyer
- Congressman Scott Perry
- Congresswoman Virginia Foxx
- Secretary of Education, Arne Duncan
- Former Secretary of Education, Margaret Spellings
- Former Secretary of Health and Human Services, Kathleen Sebelius
- Senator Mark Warner
- Senator Bob Corker
- Senator Saxby Chambliss
- Former Governor Tom Kean
- Congressman Patrick McHenry
- Congressman Joe Pitts
- Congressman Kurt Schrader
- Congressman Adam Kinzinger
The Distinguished Performance Awards Dinner
Held annually in New York City, the Distinguished Performance Awards Dinner recognizes business leaders who have shown leadership in their companies and the communities in which they operate.[1]
Past Honorees:
- Glenn Hutchins, Co-Founder, Silver Lake, Owen B. Butler Education Excellence Award
- Denise Morrison, President and CEO, Campbell Soup Company, Corporate Citizenship Award
- Marilyn Carlson Nelson, Co-CEO, Carlson Holdings; Former Chairman and CEO, Carlson, Leadership in Diversity Award
- Peter G. Peterson, Founder and Chairman, Peter G. Peterson Foundation, CED Leadership Award
- Inge G. Thulin, Chairman, President and CEO, 3M, Peter G. Peterson Business Statesmanship Award
- Jørgen Vig Knudstorp, CEO,The LEGO Group, Global Leadership Award
- Michael T. Duke, Chairman of the Executive Committee, Wal-Mart Stores, Inc., Global Leadership Award
- Roger W. Ferguson, Jr., President and Chief Executive Officer, TIAA-CREF, CED Leadership Award
- Henry R. Kravis, Co-Chairman and Co-CEO, KKR, Excellence in Public Policy Award
- J.B. Pritzker, Managing Partner, Pritzker Group, Owen B. Butler Education Excellence Award
- John S. Watson, Chairman and CEO, Chevron Corporation, Corporate Citizenship Award
- Patricia A. Woertz, Chairman and CEO, Archer Daniels Midland Company, Peter G. Peterson Business Statesmanship Award
- Daniel F. Akerson, Chairman and CEO, General Motors Company, Leadership in Diversity Award
- Kenneth C. Frazier, President and CEO, Merck & Co., Inc., Excellence in Public Policy Award
- Joseph E. Kasputys, CEO, Economic Ventures, CED Leadership Award
- Kendall J. Powell, Chairman and CEO, General Mills, Corporate Citizenship Award
- Edward B. Rust, Jr., Chairman and CEO, State Farm Insurance Companies, Owen B. Butler Education Excellence Award
- Howard Schultz, Chairman, President and Chief Executive Officer, Starbucks, Peter G. Peterson Business Statesmanship Award
- Alan Mulally, President and CEO, Ford Motor Company, Peter G. Peterson Business Statesmanship Award
- Wes Bush, Chairman, President, and CEO, Northrop Grumman, Corporate Citizenship Award
- Carl Camden, President and Chief Executive Officer, Kelly Services, Inc., Excellence in Public Policy Award
- Richard Edelman, President and CEO, Edelman, Leadership in Diversity Award
- Jeffrey A. Joerres, Chairman and CEO, ManpowerGroup, CED Leadership Award
- Bruce K. MacLaury, President Emeritus, The Brookings Institution, CED Leadership Award
- Beth A. Brooke-Marciniak, Global Vice Chair, Public Policy, EY, Corporate Citizenship Award
- David M. Cote, Chairman and Chief Executive Officer, Honeywell, Peter G. Peterson Business Statesmanship Award
- Kees Kruythoff, Head of Unilever North America, Unilever, Global Leadership Award
- Andrew N. Liveris, Chairman and Chief Executive Officer, The Dow Chemical Company, Excellence in Public Policy Award
- Leo Apotheker, CEO & President, Hewlett-Packard Company, Excellence in Public Policy Award
- W. Bowman Cutter, Senior Fellow and Director, Economic Policy Initiative, The Roosevelt Institute, CED Leadership Award
- Indra Nooyi, Chairman & CEO, PepsiCo Inc., Peter G. Peterson Business Statesmanship Award
- Daniel Rose, Chairman, Rose Associates, Inc., CED Leadership Award
- Jim Skinner, CEO, McDonald’s Corporation, Global Leadership Award
- Frederick W. Smith, Chairman, President and CEO, FedEx Corporation, Corporate Citizenship Award
- Dean Kamen, Founder, DEKA Research and Development Corporation, Excellence in Public Policy Award
- A.G. Lafley, Chairman, Procter & Gamble, Peter G. Peterson Business Statesmanship Award
- Lenny Mendonca, Director Emeritus, McKinsey & Company, Inc., CED Leadership Award
- William Weldon, Chairman and Chief Executive Officer, Johnson & Johnson, Corporate Citizenship Award
- Ursula Burns, President, Xerox Corporation, Corporate Citizenship Award
- Robert H. Dugger, Founder and Managing Partner, Hanover Investment Group LLC, CED Leadership Award
- Jiang Jianqing, Chairman of the Board, Industrial and Commercial Bank of China Limited, Global Leadership Award
- W. James McNerney, Jr., Chairman, President and CEO, The Boeing Company, Peter G. Peterson Business Statesmanship Award
- Ian Davis, Worldwide Managing Director, McKinsey & Company, Peter G. Peterson Business Statesmanship Award
- Samuel Palmisano, Chairman, President and CEO, IBM Corporation, Corporate Citizenship Award
- James Press, President, Toyota Motor North America, Global Leadership Award
- Bobby Shriver, President, (PRODUCT) RED, Excellence in Public Policy Award
- Neville Isdell, Chairman, Board of Directors, and CEO, The Coca-Cola Company, Corporate Citizenship Award
- Andrea Jung, President and Chief Executive Officer, Grameen America, Peter G. Peterson Business Statesmanship Award
- Jeffrey Immelt, Chairman and CEO, General Electric Company, Peter G. Peterson Business Statesmanship Award
- Hugh Price, Senior Advisor, DLA Piper Rudnick Gray Cary US LLP, Excellence in Public Policy Award
- Doctor Isaiah Frank, William L. Clayton Professor of International Economics, Johns Hopkins University School of Advanced International Studies, Global Leadership Award
- Carla Anderson Hills, Former CEO, General Motors Corporation, Excellence in Public Policy Award
- John “Jack” Smith, CEO, General Motors Corp., Corporate Citizenship Award
- Herbert Allison, Jr., Chairman, President and CEO, TIAA-CREF, Corporate Citizenship Award
- The Honorable James B. Hunt, Jr, Former Governor, North Carolina, Excellence in Public Policy Award
- Frank Carlucci, Chairman, The Carlyle Group, Excellence in Public Policy Award
- Yotaro Kobayashi, Chairman, Fuji Xerox Co., Ltd. & Keizai Doyukai, Global Leadership Award
- Peter G. Peterson, Co-Founder, the Blackstone Group, Excellence in Public Policy Award
- Raymond V. Gilmartin, Chairman and CEO, Merck & Company, Corporate Citizenship Award
- Senator Russell D. Feingold, Excellence in Public Policy Award
- Senator John McCain, Excellence in Public Policy Award
- Congressman Martin T. Meehan, Excellence in Public Policy Award
- Congressman Christopher Shays, Excellence in Public Policy Award
- Josh S. Weston, CEO and Chairman, Automatic Data Processing (ADP), Corporate Citizenship Award
- Donald L. Boudreau, Chief Financial Officer, Chase Manhattan Bank, Corporate Citizenship Award
- Verne G. Istock, Chairman, President and CEO, First Chicago NBD Corporation, Corporate Citizenship Award
- Henry A. McKinnell, Chairman and CEO, Pfizer Inc., Corporate Citizenship Award
- Donald J. Schuenke, Chairman, Northern Telecom Limited
- Philip M. Klutznick, U.S. Secretary of Commerce, Distinguished Service Award
References
External links
- Concerns About the Postwar Economy after WW II CED segment starts at the 4 minute mark.
Reports
- Crony Capitalism: Unhealthy Relations Between Business and Government
- Child Care in State Economies
- Adjusting the Prescription: Committee for Economic Development Recommendations for Health Care Reform
- The Role of Business in Promoting Educational Attainment: A National Imperative
- Every Other One: More Women on Corporate Boards
- How Business Leaders Can Support College- and Career-Readiness
- Boosting California’s Postsecondary Education Performance
- Hiding in Plain Sight: The Problem of Transparency in Political Finance
- Promoting Small Donor Democracy: The Value of Public Matching Programs in New York City
- A New Partnership: The Road to Reshaping Federal & State Financial Aid
- Unfinished Business: Continued Investment in Child Care and Early Education is Critical to Business and America’s Future
- Fulfilling the Promise: How More Women on Corporate Boards Would Make America and American Companies More Competitive
- Boosting Postsecondary Education Performance
- Hiring and Higher Education
- To Reform Medicare, Reform Incentives and Organization
- Hidden Money: The Need for Transparency in Political Finance
- Partial Justice: The Peril of Judicial Elections
- After Citizens United: Improving Accountability in Political Finance
- This Way Down to a Debt Crisis
- Health Care in California and National Health Reform
- Restoring Trust in Corporate Governance
- Harnessing Openness to Improve Research, Teaching and Learning in Higher Education
- Teacher Compensation and Teacher Quality
- Rebuilding Corporate Leadership: How Directors Can Link Long-Term Performance with Public Goals
- Corporate Governance Practices to Restore Trust, Focus on Long-Term Performance, and Rebuilding Leadership
- Harnessing Openness to Transform American Health Care
- Quality, Affordable Health Care for All: Moving Beyond the Employer-Based Health-Insurance System
- The Employer-based Health-Insurance System (EBI) Is At Risk: What We Must Do About It
- Built to Last: Focusing Corporations on Long-Term Performance
- The Economic Promise of Investing in High-Quality Preschool
- Private Enterprise, Public Trust: The State of Corporate America After Sarbanes-Oxley
- The Economic Benefits of High-Quality Early Childhood Programs: What Makes the Difference?
- A New Tax Framework: A Blueprint for Averting a Fiscal Crisis
- Cracks in the Education Pipeline: A Business Leader’s Guide to Higher Education Reform
- The Emerging Budget Crisis: Urgent Fiscal Choices
- Building on Reform: A Business Proposal to Strengthen Campaign Finance
- Investing in Learning: School Funding Policies to Foster High Performance
- Justice for Hire: Improving Judicial Selection
- A New Vision for Health Care: A Leadership Role for Business
- Reforming Immigration: Helping Meet America’s Need for a Skilled Workforce
- Investing in the People’s Business: A Business Proposal for Campaign Finance Reform
- Why Child Care Matters: Preparing Young Children for a More Productive America