The Business Council
The Business Council is an organization of business leaders in the United States.[1][2][3][4]
History
It 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][5] 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][5]
It was renamed The Business Council as an organization independent from the Department of Commerce in 1961, under President John F. Kennedy.[1]
It has 150 members and is strictly non-partisan.[1] It is headquartered in Washington, D.C..[2][3]
Former chairmen
- 1933: Gerard Swope, General Electric.[1]
- 1934: S. Clay Williams, R. J. Reynolds Tobacco Company.[1]
- 1934-35: Henry P. Kendall, Kendall Company.[1]
- 1936: George H. Mead, Mead Corporation.[1]
- 1937-39: W. Averell Harriman, Brown Bros. & Co..[1]
- 1940-41: William L. Batt, War Production Board.[1]
- 1942-43: R. R. Deupree, Procter & Gamble.[1]
- 1944-45: Thomas B. McCabe, Scott Paper Company.[1]
- 1946: George M. Humphrey, National Steel Corporation.[1]
- 1947-48: John L. Collyer, Goodrich Corporation.[1]
- 1949-50: James S. Knowlson, Stewart-Warner.[1]
- 1951-52: Robert T. Stevens, J.P. Stevens and Company.[1]
- 1953: John D. Biggers, Libbey–Owens–Ford.[1]
- 1954-55: Harold Boeschenstein, Owens Corning.[1]
- 1956-57: Eugene Holman, Jersey Standard.[1]
- 1958-59: Stephen Bechtel, Jr., Bechtel.[1]
- 1960-61: Ralph J. Cordiner, General Electric.[1]
- 1961-62: Roger Blough, U.S. Steel.[1]
- 1963-64: F. R. Kappel, AT&T.[1]
- 1965-66: W.B. Murphy, Campbell Soup Company.[1]
- 1967-68: Albert L. Nickerson, Mobil Oil.[1]
- 1969-70: Fred J. Borch, General Electric.[1]
- 1971-72: William M. Batten, J. C. Penney.[1]
- 1973-74: David Packard, Hewlett-Packard.[1]
- 1975-76: Edmund W. Littlefield, General Electric.[1]
- 1977-78: John D. deButts, AT&T.[1]
- 1979-80: Reginald H. Jones, General Electric.[1]
- 1981-82: Walter B. Wriston, Citicorp.[1]
- 1983-84: Clifton C. Garvin, Jr., Exxon.[1]
- 1985-86: Ruben F. Mettler, TRW Inc..[1]
- 1987-88: Stephen Bechtel, Jr., Betchel.[1]
- 1989-90: Roger B. Smith, General Motors Corporation.[1]
- 1991-92: John F. Welch, Jr., General Electric.[1]
- 1993-94: Robert E. Allen, AT&T.[1]
- 1995-96: Edgar S. Woolard, Jr., DuPont.[1]
- 1997-98: Larry Bossidy, AlliedSignal.[1]
- 1999-00: Ralph S. Larsen, Johnson & Johnson.[1]
- 2001-02: William T. Esrey, Sprint Corporation.[1]
- 2003-04: Charles O. Holliday, Jr., Bank of America.[1]
- 2005-06: Jeffrey R. Immelt, General Electric.[1]
- 2007-08: W. James McNerney, Jr., Boeing.[1]
- 2009-10: James W. Owens, Caterpillar Inc..[1]
2011-2012 executive committee
Chairman
- James Dimon, Chairman & CEO, JPMorgan Chase & Co..[6][2][3]
Vice Chairmen
- Angela F. Braly, Chairman, President & CEO, WellPoint, Inc.[6]
- Louis R. Chênevert, Chairman & CEO, United Technologies Corporation.[6]
- Henry R. Kravis, Founding Partner, Kohlberg Kravis Roberts & Co..[6]
- Andrew N. Liveris, Chairman & CEO, The Dow Chemical Company.[6]
Members
- Jeffrey P. Bezos, Founder & CEO, Amazon.com.[6]
- Kenneth Chenault, Chairman & CEO, American Express Company.[6]
- David M. Cote, Chairman & CEO, Honeywell.[6]
- James Goodnight, Chairman, President & CEO, SAS Institute Inc.[6]
- Peter T. Grauer, Chairman, Bloomberg, Inc..[6]
- Ellen J. Kullman, Chairman & CEO, E.I. du Pont de Nemours and Company.[6]
- James W. Owens, Chairman & CEO Emeritus, Caterpillar Inc..[6]
- Rex W. Tillerson, Chairman & CEO, Exxon Mobil Corporation.[6]
- Patricia A. Woertz, Chairman, CEO & President, Archer Daniels Midland Company.[6]
Executive Director
- Philip E. Cassidy, The Business Council.[6]
2013-2014 executive committee
Chairman
- Andrew N. Liveris, Chairman & CEO, The Dow Chemical Company.[2][3]
Vice Chairmen
- Ursula Burns, Chairman and CEO, Xerox.[2][3]
- Richard Davis, Chairman and CEO, U.S. Bancorp.[2][3]
- Henry Kravis, Co-founder and Co-CEO, Kohlberg Kravis Roberts & Co.[2][3]
- Douglas R. Oberhelman, Chairman and CEO, Caterpillar Inc.[2][3]
References
- 1 2 3 4 5 6 7 8 9 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 43 44 45 46 47 48 The Business Council, Official website, Background
- 1 2 3 4 5 6 7 8 9 Dow Chairman and CEO Andrew Liveris Elected Chairman, The Business Council, dow.com, October 19, 2012
- 1 2 3 4 5 6 7 8 9 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, WSGW
- 1 2 Barack Obama, Remarks by the President to The Business Council, The White House: Office of the Press Secretary, February 13, 2009
- 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 The Business Council, Official website, Executive Committee
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