Committee for Economic Development

This is an old revision of this page, as edited by Jcdiblasi25 (talk | contribs) at 17:04, 20 July 2017. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Revision as of 17:04, 20 July 2017 by Jcdiblasi25 (talk | contribs)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)

This article contains promotional content. Please help improve it by removing promotional language and inappropriate external links, and by adding encyclopedic text written from a neutral point of view. (May 2015) (Learn how and when to remove this message)

Committee for Economic Development
File:CED's logo.jpg
Abbreviation	CED
Formation	1942
Type	nonprofit organization
Headquarters	Washington, DC, United States
Chief Executive Officer	Steve Odland
Key people	Michael Petro Joseph Minarik
Revenue	$4,699,329 (2014)
Expenses	$4,502,539 (2014)
Website	www.ced.org

The Committee for Economic Development (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 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 increased access to pre-kindergarten and college, advocated campaign finance reform nationally, placed more women in corporate leadership, and reduced government spending.

In January 2015, the Committee for Economic Development merged with The Conference Board, given the many synergies between the two organizations. Both are non-partisan, non-lobbying, and have members comprised mainly from the business community. CED's trusted policy voice in the nation's capital of Washington, D.C. expands the reach of The Conference Board's research; The Conference Board's economic data further strengthens CED's policy solutions.

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 organization's Senior Vice President and Director of Research.

Policy research

CED conducts policy research 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.

In 2017, which marks CED's 75th anniversary, much of the organization's policy research was synthesized and promoted in its book, Sustaining Capitalism: Bipartisan Solutions to Restore Trust & Prosperity.

Recent CED policy research:

Immigration Policy That Works: Bringing Foreign-Born Workers into High-Shortage Occupations to Grow Our Economy
Fixing America's Roads & Bridges: The Path Forward
The Economic Impact of the Food and Beverage Industry
Corporate Income Tax Reform in 2017?
Adjusting the Prescription: Improving the ACA
New Mexico Business Leaders Survey
The Federal Budget Deficit and the Public Debt: Why and How to Deal with a Lurking Problem
Every Other One: More Women on Corporate Boards
The Landscape of Campaign Contributions
Modernizing Medicare
Poll: Chicago Business Executives Concerned About City Government Ethics, Support Reform
Tackling Economic Inequality, Boosting Opportunity
Poll: New Mexico Business Leaders Concerned About Ethical Behavior of Elected Officials, Support Solutions
Crony Capitalism, Corruption and the Economy in the State of New Mexico
Choosing Justice? The Need for Judicial Selection Reform
Crony Capitalism: Unhealthy Relations Between Business and Government
Child Care in State Economies
Adjusting the Prescription: CED Recommendations for Health Care Reform
The Role of Business in Promoting Educational Attainment
Poll: New Mexico Business Leaders Support Campaign Finance Reform
How Business Leaders Can Support College- and Career-Readiness
Boosting California’s Postsecondary Education Performance
Survey: American Business Leaders On Campaign Finance

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 Protection and Programs Directorate, Cybersecurity and Communications, Department of Homeland Security
Congressman Don Beyer
Congressman Scott Perry
Congresswoman Virginia Foxx
Former 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
Former Senator Saxby Chambliss
Former Governor Tom Kean
Congressman Patrick McHenry
Congressman Joe Pitts
Congressman Kurt Schrader
Congressman Adam Kinzinger

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.

2017 Honorees:

Mark Bertolini, Chairman & Chief Executive Officer, Aetna, Peter G. Peterson Business Statesmanship Award
Deanna M. Mulligan, President & CEO, Guardian, Excellence in Public Policy Award
Ronald P. O'Hanley, President & CEO, State Street Global Advisors, CED Leadership Award
Sandra Peterson, Group Worldwide Chairman, Johnson & Johnson, Corporate Citizenship Award
Mike Petters, President and CEO, Huntington Ingalls Industries, Owen B. Butler Education Excellence Award
Arne Sorenson, President & CEO, Marriott International, Leadership in Diversity Award

Past Honorees:

George Barrett, Chairman and Chief Executive Officer, Cardinal Health, Inc., Peter G. Peterson Business Statesmanship Award
John T. Chambers, Executive Chairman, Cisco Systems, Owen B. Butler Education Excellence Award
Alan M. Dachs, President and Chief Executive Officer, Fremont Group, Corporate Citizenship Award
Ilene S. Gordon, Chairman, President and CEO, Ingredion, Leadership in Diversity Award
Takeshi "Tak" Niinami, President and CEO, Suntory Holdings Limited, Global Leadership Award
Maggie Wilderotter, Chairman and CEO, Grand Reserve Inn, former Chairman and CEO, Frontier Communications, CED Leadership Award
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

Category:

Non-profit organizations based in Washington, D.C.