2010
August 31, 2010 – Zopp Discusses New Role at Chicago Urban
League
Andrea Zopp talks about her priorities as the new President
and CEO of the Chicago Urban League in the "Taking Names” blog at Crain’s
Chicago Business.
August 31, 2010 – Wong Honored as ‘Woman of Valor’
The Jane Addams Hull House Association will present Bernarda
Wong with the Woman of Valor Award during the annual Jane Addams Symposium,
held Sept. 16, 2010, at the Palmer House Hilton. The award recognizes women
whose contributions have improved the quality of life for Chicago residents.
"I am touched by this reward and proud to be recognized
along with Sylvia Puente, Executive Director of the Latino Policy Forum and
Vanessa Rich, Deputy Commissioner, Department of Children & Youth Services,
City of Chicago,” Bernie says.
August 30, 2010 – Hamos Profiled in Crain’s
Crain’s Chicago
Business covers Julie Hamos’ work as Director of the Illinois Department of
Healthcare and Family Services in its Aug. 30 weekly edition. You can read
about her efforts to make Illinois a "leader
on health care reform” in the magazine’s People department.
August 16, 2010 – Crain’s Profiles Cafaro’s Work with Ventas
In its August 16 weekly issue, Crain’s Chicago Business holds up Deborah
Cafaro’s determination as a contributing factor for her success with Ventas, Chicago-based
real estate investment trust. You can find more about her work in "CEO Cafaro's
deal-making puts Ventas at top of hot medical-office segment” online at the
Crain’s site.
August 16, 2010 – Escarra’s Work with Feeding America Spotlighted
in Crain’s
Crain’s Chicago Business August 16 issue details Feeding America’s drive to
provide food and support to more than 200 food banks, and CEO Vicki Escarra is
credited for the organization’s success. You can read online about her efforts
in "How Chicago-based Feeding America
became go-to charity for corporate funders.”
August 16, 2010 – Crain’s Interviews Three
Members on Corporate Giving
Deborah DeHaas and Edith Falk and Valerie Lies are quoted on
the state of philanthropy in Crain’s Chicago Business’ Weekly Focus. You can
see online what they had to say in "As companies go for biggest bang for
philanthropic buck, some Chicago non-profits are left out” and "Even as overall
giving increases, companies pull back on event sponsorship, table purchases.”
August 7, 2010 – Chicago
Public Library Displays Collection Detailing Wyatts' Activism
The Chicago Public Library’s Vivian
G. Harsh Research Collection will house 345
containers of the papers, photos, tapes and other memorabilia highlighting the contributions of Addie Wyatt and her late husband
Claude toward racial, gender, economic and political equality.
"When we think about the African-American community, we
think about those who have made a difference, and Claude and Addie Wyatt
represent how two people can make a difference not only in the city, but for
the country and the world,” Mayor Daley said at a news conference at the Harold
Washington Library. "It's important for those papers to be here. They are role
models for future generations.”
For the full story, visit the Chicago Sun-Times.
August 5, 2010 – Dominique Raccah Receives Woman of Vision
Award
Arnstein & Lehr LLP has honored Dominique Raccah,
Publisher and CEO of Sourcebooks, Inc., with a 2010 Woman of Vision Award. The
honor recognizes "groundbreaking, inspirational women who have made a
difference in the professional world.”
August 3, 2010 – Chris Edwards Appointed to
BMO Board
Bank of Montreal has named Christine Edwards
to its Board of Directors. Edwards, a partner in Winston &
Strawn’s corporate practice group, has worked more than 25 years in the
financial services industry.
Edwards serves
on number of civic and educational boards, including the Board of Trustees, the
Executive and Nominating and Governance Committees and Chair of the Audit
Committee for Rush University Medical Center, the Board of Visitors of the
University of Maryland School of Law and TCN’s Board. She is a Vice President
and a Board Member of the Chicago Finance Exchange and received its 2008 President’s
Award. She also serves in Washington, D.C. on the Oversight Board of
the U.S. Chamber of Commerce Center for Capital Markets Competitiveness.
August 1, 2010 – Bernie Wong, Fay
Ferguson Featured in TCW
Today’s Chicago Woman interviewed
TCN Members Bernie Wong and Fay Ferguson in its August 2010 issue. Wong is profiled
as one of "Six Women Making a
Difference," and Ferguson served on a panel of experts talking
about "Multicultural Marketing in the New Millennium."
July 21, 2010 – Christine Edwards Highlighted in Bank
Director
Bank Director Magazine features Christine Edwards in its 3rd Quarter 2010 issue. As part of "Crisis Tales,” Edwards, a
partner in Winston & Strawn LLP’s corporate practice group, was interviewed about how she helped Associated
Banc-Corp’s 10 independent directors navigate our tough financial times.
July 12, 2010 – Smith Honored by Chicago Bar
The Chicago Bar Association awarded Mary Anne Smith the
Exelon Outstanding Corporate Counsel Award at the 12th Annual Pro Bono and
Public Service Awards Luncheon held July 12.
June 28, 2010 – Sandra Bruce Featured in Crain’s In its June 28 weekly edition, Crain’s Chicago Business
profiles Sandra Bruce, President and CEO of Resurrection Health Care, for her
work to revitalize and grow Chicago’s Catholic health system. In "Reviving
Resurrection,” Bruce discusses the challenges she faced when arriving at
Resurrection 18 months ago and her strategy moving forward. With a
subscription, you can see the full article online at Crain's website.
June 23, 2010 –Chicago Tribune Media Group Promotes Joyce Winnecke
Joyce Winnecke has been named Vice President and Associate
Editor and will direct content development initiatives for Chicago Tribune
Media Group. She also will play a larger role working on projects that extend
to other Tribune media, including Chicago broadcast partners. Winnecke will serve as the chief liaison between
editorial, advertising and marketing on content development and new revenue
streams resulting from these initiatives. She will continue to lead Trib
Nation, premium content and newsroom events programs. She also will continue to
direct and develop Media on Demand as it grows into a multimedia content
provider for the Chicago Tribune, other Tribune media and for external clients.
June 16, 2010 – Adela Cepeda
to Co-Chair Cook County Board Democratic Transition Team
The Chicago
Tribune reports that Toni Preckwinkle,
Democratic nominee for Cook County Board president, has appointed municipal
finance expert Adela Cepeda as one of five co-chairs of a transition team to
help shape her policies should she win in November. You can see the full
article online.
June 7, 2010 - DeHaas to Chair Chicagoland Chamber of Commerce
Deborah DeHaas has been named chair for the
Chicagoland Chamber of Commerce—the first woman to hold that position in the
group’s 106-year history. She will replace James Tyree, CEO of Mesirow
Financial Holdings, Inc., who has said, "She is exactly the type of leader
to step in and make a difference from day one."
DeHaas, who is Vice Chairman and Midwest
regional managing partner for Deloitte LLP, already serves on several boards,
including the Economic Club of Chicago, Executives' Club of Chicago and United
Way of Metropolitan Chicago. She was also named one of Crain’s Chicago Business
"Women to Watch.”
In a statement to Crain’s, DeHaas said she was
"proud" and "honored" to be the first woman to chair the
Chicagoland Chamber of Commerce's board of directors and she was ready to
"address the challenges our region faces and continue to make it the best
place for businesses and families."
June 7, 2010 – Janet Rowley Interviewed in Chicago Life
Chicago Life Magazine spoke with Dr. Janet Rowley, professor
of medicine at the University of Chicago, about her work in the field of
genetics and cancer research. You can
see the full article online.
June 7, 2010 – Marca Bristo
Marks Access Living's Anniversary
As Access Living celebrates its
30-year anniversary, the Chicago Tribune interviewed Marca Bristo,
President
and CEO of the community-based, nonresidential agency for people with
disabilities. You can see the full Chicago Tribune article online. May
20, 2010 – Time Profiles Rohini Dey a 'Culinary Superstar'
Vermillion Restaurant owner Rohini Dey is featured in the
May 20 online edition of Time Magazine.
In "India’s
Spice Girls: American Culinary Superstars," Dey discusses how conventional Indian expectations of family and tradition can be at
odds with a high-profile culinary career.
May
19, 2010 - Jill Wine-Banks Announces $11 Million Raised for Veterans, Green
Education
Operation Green Jobs, a not-for-profit that
Jill Wine-Banks has been working with, has received a $5 million U.S. Dept of
Energy grant to provide green job training and job placement for returning
veterans. In addition, the organization in partnership with IIT has raised $6
million in matching funds, which will support both the veterans program and
K-12 green education efforts.
May 19, 2010 - Susan Gallagher Named COO of True
Partners Consulting
True Partners Consulting LLC has named
Susan Gallagher as chief operating officer. In her new role, she will lead the
U.S. region, work closely with each market to drive growth, maintain client
satisfaction and help set the firm's overall business strategy.
"Susan has the enthusiasm and
leadership skills to help us continue to attract and grow the best
professionals and keep our teams working together to solve complex client
problems for years to come," said Chief Executive Officer Cary McMillan.
Gallagher has more than 26 years of
experience in professional services and is recognized nationally in the
consulting market, with a diverse range of clients heavily focused on Fortune
500 companies.
May 10, 2010 – Fischer to Chair Historic Preservation Agency BoardIllinois Governor Pat Quinn has named Sunny
Fischer, executive director of the Richard H. Driehaus Foundation, to the board
of the Illinois Historic Preservation Agency. She will become the new chair of
the agency's board.
Since 1992, Fischer has led the Driehaus Foundation, which supports the preservation
and enhancement of the built and natural environments through historic
preservation, encouragement of quality architectural and landscape design, and
conserving open space, as well as other programs. Fischer was executive
director of the City of Chicago/Cook County Welfare Reform Task Force from 1997
– 1999, was executive director of The Sophia Fund from 1983 – 1992 and
co-founder of The Chicago Foundation for Women,and consulted for many
non-profits including The Chicago Community Trust, The Joyce Foundation, and
The MacArthur Foundation, according to an IHPA news release.
May 6, 2010 - Georgia Nelson Named to CH2MHill Board
CH2MHill, a global leader in consulting, engineering,
design, construction and operations, has elected Georgia Nelson to its Board of
Directors. Headquartered in Denver, CO, CH2MHill is employee-owned and has more
than 25,000 employees worldwide. The firm's work is concentrated in the
areas of water, transportation, environmental, energy and power, and facilities
and infrastructure.
May 6, 2010 - Marci Kaminsky Named
United Airlines Vice President
United Airlines has appointed Marci
Kaminsky Vice President - Corporate Responsibility. In the role, she will
oversee United’s corporate affairs and social investment functions, focusing on
corporate reputation and responsibility, including working closely with United’s
government affairs team on environmental issues and policies. "Marci has an outstanding success record of implementing programs that engage
stakeholders and drive corporate reputation and her appointment underscores our
heightened focus on environmental issues," said Rosemary Moore, Senior Vice President,
Corporate and Government Affairs.
May 3, 2010 – Seven TCN Members Lead Chicago’s Largest
Women-Owned Firms
Seven members of The Chicago Network appear on Crain’s
Chicago Business’ 2010 list of Chicago's 25 largest women-owned
firms. The TCN group, representing more than a quarter of the list,
includes:
- Barbara Levy Kipper, Chairman and CEO, Chas.
Levy Co. (1)
- Sue Ling Gin, Chairman and CEO, Flying Food
Group (4)
- Marsha Serlin, CEO, United Scrap Metal, Inc.
(5)
- Ann Drake, CEO, DSC Logistics, Inc. (6)
- Lois LeMenager, Chairman and CEO, Marketing
Innovators International, Inc. (8)
- Terri McNally Beals, President, Global
Capital Ltd. (22)
- Nancy Garcia Sharp, CEO, Food for Thought Enterprises (24)
May 3, 2010 – Eleven TCN Members
Make Crain’s Influential 'Watch' Lists
Crain’s Chicago Business has named six members of The Chicago Network to
its annual "Women to Watch" list. These leaders include:
- Donna Carroll, Dominican
University
- Diana Ferguson, Chicago
Public Schools
- Jan Fields, McDonald’s
- Ilene Gordon, Corn
Products International
- Patricia Hemingway Hall,
Health Care Service Corp.
- Irene Rosenfeld, Kraft Foods
The article also features five TCN members in an "Also On Our Radar" list:
- Brenda Barnes, Sara Lee
Corp.
- Ellen Costello, Harris
Financial Corp.
- Deborah DeHaas, Deloitte
LLP
- Penny Pritzker, Pritzker
Realty Group LLC
- Laura Thrall, United Way of Metropolitan Chicago
Visit Crain's for the full online feature, which includes video profiles.
April 30, 2010 - Two TCN Members Among
‘Entrepreneur of the Year’ Finalists
Ernst & Young
LLP has announced that Mary Tolan, Accretive Health, Inc., and Julie Smolyansky, Lifeway Foods, Inc., are
among the finalists for its Entrepreneur Of The Year® award in the Midwest.
"These entrepreneurs make a tremendous difference within our communities
and for our larger economy," said Randy
Tavierne, Ernst & Young Partner
and Midwest Strategic Growth Markets Leader. "We thank them
for the positive impact they’ve had in the Midwest."
An
independent judging panel made up of regional business, academic and community
leaders selected Midwest finalists from companies based in Illinois and Indiana. The
winner will be announced at an award gala on June 24.
April 29, 2010 – Deborah DeHaas Interviewed on
VoiceAmerica
Deborah DeHaas, Vice
Chairman and Midwest Regional Managing Partner at Deloitte, discussed the
current state of women in leadership as part of the Head Over Heels Women’s
Business Radio program May 4.
The WIN
initiative at Deloitte has been widely recognized for developing and advancing
women professionals. DeHaas talked about the how Deloitte supports emerging
women leaders and the factors she feels contributed to her own success in
business.
You can listen to
the program, hosted by Bonnie Marcus, on
the VoiceAmerica Talk Show Network.
April 23, 2010 - Andrea
Redmond Publishes Leadership Book
Andrea Redmond’s new book, COMEBACKS: Powerful Lessons from Leaders Who Endured Setbacks and
Recaptured Success on Their Terms, was published by Jossey-Bass in April
2010. The book, which she wrote with friend and co-author Patricia Crisafulli, is
available now on Amazon and it will be in bookstores in May.
The book profiles 10 senior leaders who had "the rug pulled”
out from under them. "For many of them, this meant being fired or asked to
resign as CEO,” Redmond says. "Our book devotes one chapter to each person,
chronicling careers as they rose to the top, suffered a setback, and then
enjoyed a comeback—often redefining what success means to them.”
Executives profiled include David Neeleman of JetBlue,
David Pottruck of Schwab, Harry Kraemer of Baxter, Jacques Nasser of Ford,
Patricia Dunn of Hewlett-Packard, Durk Jager of Procter & Gamble, and Jamie
Dimon, ex-Citigroup now JPMorgan Chase, among others.
April 22, 2010 - Kristina A.
Valaitis Earns NIU Outstanding Alumni Award
The Northern Illinois University (NIU)
Alumni Association will present Kristina A. Valaitis, Executive Director of the
Illinois Humanities Council (IHC), with the Outstanding Alumni Award for the
College of Liberal Arts and Sciences.
"This award program seeks to
recognize some of those outstanding individuals who have gone out and achieved
great success in their personal and professional lives,” said Jack Tierney,
President of the NIU Alumni Association. Serving as IHC director since 1993, Valaitis
has built the organization’s budget from approximately $250,000 to $2 million annually.
In addition, Former Gov. Rod Blagojevich appointed her to the Illinois Lincoln
Bicentennial Commission, and she serves on the Board of the Chicago Metro
History Education Center and Metro Reads.
April 20, 2010 - Funmi Olopade
Elected to American Academy of Arts and Sciences
Olufunmilayo "Funmi” Olopade, Associate Dean for Global Health, is one of nine
University of Chicago faculty members to be newly elected members of the
American Academy of Arts and Sciences.
Olopade, also the Walter L. Palmer Professor in Medicine and Human Genetics,
Director of the Center for Clinical Cancer Genetics, has showed that breast
cancers in younger women of African heritage often produce a pattern of gene
expression that is significantly different from that seen in older Caucasian
women. These cancers also are less likely to present the molecular targets that
form the basis of many standard therapies.
A McArthur "genius grant" recipient and a member of the Institute
of Medicine, Olopade is one of the principal investigators in two major
research projects. The Center for Interdisciplinary Health Disparities Research
is sorting out the genetic and environmental factors that contribute to breast
cancer, by looking at the genes, lifestyle, socioeconomic status, and social
interactions of women in the United States and Africa and their relationship to
breast cancer. The other project is designed to find better ways to prevent,
detect and treat women at increased risk for cancers.
April 20, 2010 - Brooke M. Wiseman Named
Chicago YWCA Chief Marketing and Development Officer
YWCA
Metropolitan Chicago has announced that Brooke M. Wiseman is its new
chief marketing
and development officer. Wiseman, former president of New Knowledge
Consulting,
specializing in non-profit management and governance. She is also an
instructor/lecturer at Kellogg School of Management and an adjunct
faculty
presenter at the University of Notre Dame. For 16 years, Wiseman was CEO of the Girl Scouts of Chicago, having previously
served as CEO for Girl Scout councils located in DuPage County, Illinois and
West Texas. Currently, she is a member of the Board of Directors for the Union
League Club of Chicago, the Chicago State University Foundation and the
Leadership Greater Chicago Fellows Association. She is on the advisory
council of the Junior League of Chicago. She is also a recognized leader,
having been listed in Who’s Who in American Women and receiving the Human
Relations Award from the Chicago Commission on Human Relations.
April 17, 2010 - Ruth Ann M. Gillis Named Exelon Chief
Administrative and Diversity Officer
Exelon Corp. has appointed company
executive Ruth Ann M. Gillis chief administrative and diversity officer. Gillis
will continue in her roles as executive vice president of Exelon Corp. and
president of Exelon Business Services Co.
"From serving as Exelon’s first
chief financial officer in 2000 to her current role overseeing transactional
and corporate services and diversity initiatives for the Exelon family of
companies, Ruth Ann’s contributions to the success of the company have been
many and varied,” said John W. Rowe, Exelon chairman and CEO. "Her designation
as chief administrative and diversity officer is well deserved, and I have full
confidence that she will continue to serve the company with the highest levels
of competence and integrity, and to exemplify Exelon’s values.”
April 12, 2010 - Julie
Hamos Appointed Illinois Healthcare Director
Illinois Governor Pat Quinn has appointed Julie Hamos the
new Director of the Illinois Department of Healthcare and Family Services. She will
resign her position as State Representative, in which she successfully advocated
important issues that benefit Illinois families for more than 11 years.
With a budget of $18 billion and a staff of 2,400, the Department of Healthcare
and Family Services is the largest agency in the Illinois state government,
responsible for Medicaid and the child support system. "My goals will be
to create efficiencies in Medicaid, execute nursing home improvements, design
the state structure for national healthcare changes that will be implemented
over the next few years, and build public support for healthcare reform," Hamos
said.
April 11, 2010 – Fischer Receives 'Keeper of the Vision' Award
The National Public Housing
Museum has awarded Sunny Fischer, Executive
Director of The Richard H. Driehaus Foundation, its Keeper of the Vision
Award.
"The National Public Housing Museum is really the 'keeper of the vision'
because it holds the stories of hundreds of thousands of people whose
lives
would otherwise be ignored," Fischer said. "The stories of public
housing are the stories of home and taken together are a part of
American
history and social culture that should be told. I'm honored to be a part
of
making it happen."
April 5, 2010 – Lori Andrews Interviewed on 60 Minutes
Lori Andrews, who has worked for the past six years on a
pro bono case to invalidate the patent on the breast cancer gene, was recently
featured on 60 Minutes."You aren't supposed to be able to patent products
of nature, and a gene is a product of nature," Lori said, commenting on her
efforts."Plus, the breast cancer gene patents were interfering with
women's health and research on treatments."
March 31, 2010 - Debra Cafaro Named
to General Growth Board
General
Growth Properties, Inc., has named Debra Cafaro, Chairman and CEO of Chicago
Ventas Inc., as an independent director to its board. Cafaro is one of nine
directors to the Chicago-based General Growth Properties, which owns, develops, operates or manages
shopping malls in 44 states, as well as Master Planned Communities in three
states.
March 25, 2010 - TCN Members Honored by the Chicago Foundation for
Women
Seven TCN members were among those who
received 2010 Impact Awards from the Chicago Foundation for Women (CFW).
They are:
- Marca Bristo
- Fay Clayton
- Joan M. Hall
- Anne Ladky
- Maria S. Pesqueira
- Diane Primo
- Hedy M. Ratner
As part of its 25th
anniversary, CFW
presented a total of 25 awards to "visionary women and men who make a
difference in the
lives of women and girls." The honorees come from diverse communities
and
fields, from education, medicine and law to community organizing, public
policy
and the arts.
March 24, 2010 - Heather Becker Interviewed by Chicago Tribune Heather Becker, CEO of the Chicago Conservation Center, discussed her company's work to provide disaster relief services to those in need with the Chicago Tribune. See the full article.
March 24, 2010 - TCN Members Make Fortune’s "50 Most
Powerful" List
Four TCN members are listed among Fortune magazine’s "50
Most Powerful Women in Business" for 2009. They are:
- Irene Rosenfeld, Chairman and CEO, Kraft Foods (2)
- Brenda Barnes, Chairman and CEO, Sara Lee (10)
- Jan Fields, EVP and COO, McDonald’s USA (32)
- Gail Boudreaux, President, UnitedHealthcare, and EVP,
UnitedHealthcare Group (38)
March 23, 2010 – Sheli Rosenberg Announces Retirement
In June, Sheli Rosenberg will retire from the board of Equity
Residential. She has held a seat on the board since the company was launched in
1993. Previously, she was Vice Chairman and President and CEO of Equity Group
Investments. Sheli is also co-founder
and former president of the Center for Executive Women at Northwestern
University’s Kellogg School of Management.
March 22, 2010 - Deb DeHaas Speaks on Deloitte's Work with City Year
Deb DeHaas, Vice Chairman and Midwest Regional Managing
Partner at Deloitte LLP, recently discussed her company’s work with City Year
in an interview for Crain’s Chicago Business. City Year is a national
organization that enables young adults to tutor, mentor and otherwise encourage
high-school kids to graduate.
March 16, 2010 - Harris Promotes Judy Rice Judy Rice has been promoted to Senior Vice
President and head of Community Affairs & Economic Development at Harris N.A. She
succeeds Yasmin Bates-Brown, who recently announced her retirement. Rice will be responsible for leading Community Affairs, Community
Development and Investments, Government Relations and Community
Reinvestment Act
(CRA) efforts. She will also drive economic development, financial education, and multicultural
outreach opportunities, as well as the company's visible engagement and presence
in its communities. She has more than 25 years of experience in law, finance, human
services and
governmental relations. Prior to joining Harris, she was Treasurer of
the City
of Chicago. She also served as the first female commissioner
of two
of the largest infrastructure agencies in City of Chicago government:
the
Department of Transportation and the Department of Water.
March 16, 2010 - AAR Corp. Names Cheryle
Jackson VP
Cheryle
Jackson has been named Vice President
of Government Affairs and Corporate Development at AAR Corp., which offers services to commercial airlines. "Cheryle's diverse experience in economic development,
government, transportation and media will be invaluable as we grow the
business
and expand our international presence," said Chairman
and CEO David P. Storch in a
release. In her previous position, Cheryle was president and CEO of the Chicago
Urban League since 2006. March 12, 2010 - Pritzer Establishes D.C. Real Estate Venture TCN Member Penny Pritzker, CEO, Realty Group
LLC, has formed Artemis Real Estate Partners, a Washington-based company seeking
to raise $500 million to buy distressed properties and debt, according to Real
Estate Alert. Pritzker and partner Deborah Harmon will reportedly
contribute $50 million of equity themselves for the new venture.
March 10, 2010 - Anti-Defamation League Honors TCN Members
The Anti-Defamation League (ADL) has honored five Chicago-area women—all members of The Chicago Network—at its 17th Annual Women of Achievement Awards. The honorees include Ilene Gordon, Corn Products international; Susan Levy, Jenner & Block LLP; Michele Coleman Mayes, The Allstate Corp.; Sheila Talton, Cisco Systems; and Barbara Levy Kipper, who was presented a special award for a Lifetime of Achievement. The Women of Achievement Awards recognize outstanding women in business, community service, and embodying the spirit and philosophy of ADL.
February 25, 2010 -
Washington Selected Woods Fund of Chicago President
The Woods Fund of
Chicago board
has selected longtime board member and
journalist Laura
S. Washington as its new president. Washington has more than two decades
of diverse experience in print and broadcast
journalism, urban affairs and social justice issues; 12 years of
nonprofit
management experience; and numerous awards and honors for her journalism
and civic activism.
February 25, 2010 - Stegner's West Loop Restaurant Featured in Zagat
Zagat has highlighted Sarah
Stegner's New American comfort food on its website. Her new venture Prairie
Fire is located in a
landmark West Loop
building at 215 N. Clinton St.
February 9, 2010 - McInerney Takes Position with CEO Perspective
Erin McInerney has been named Executive Director at CEO Perspective at the Kellogg School of Management, Northwestern University.
February 9, 2010 - Rappaport Appointed to 2010 ERISA Advisory
Counci
U.S. Secretary of Labor Hilda L. Solis
announced the appointment of five new members and new leadership to the
2010
Advisory Council on Employee Welfare and Pension Benefit Plans, also
known as
the ERISA Advisory Council. Among the appointees is Anna
Rappaport, whose expertise is actuarial counseling. She founded Anna Rappaport Consulting
in Chicago, Ill., after retiring as a worldwide partner at Mercer Human
Resource Consulting.
February 9, 2010 - Aigotti takes position with insurance services startup
Diane Aigotti has been named Managing Director and Chief
Financial Officer of Ryan Specialty Group (RSG), a new company that offers
specialty services to insurance brokers, agents and carriers. Prior to RSG, Aigotti
spent almost 8 years as a corporate officer at Aon Corp., a global risk
management, reinsurance and human capital consulting firm, before leaving in
Spring 2008.
February 3,
2010 - Lenway approved as dean of MSU’s Eli Broad College of Business
Stefanie
Lenway, who has 30 years of experience as a business researcher and university
administrator, has been approved as the new dean of the Eli Broad College of
Business and Eli Broad Graduate School of Management by the Michigan State
University Board of Trustees. Her appointment is effective Aug. 1, 2010.
January 5, 2010 - Buck
hires former Chicago 2016 president Lori Healey by Andrew Schroedter, Crain's
John Buck Co. has hired the former president of Chicago’s Olympic bid committee
as the blue-chip developer looks to drum up more public-sector business.
Lori
Healey will start next week as a principal at Chicago-based Buck, where she’ll
focus on building the firm’s pipeline of public sector projects. Government work
hasn't suffered as much in the recession as other commercial real estate market
sectors. More>> 2009
November 18, 2009 - TCN members on WTTW11
A new report says Chicago women remain a
minority in high-ranking positions at the city's largest public companies. Three local executives discuss the findings on WTTW's Chicago Tonight.
November 11, 2009 - Allstate
adds recruiting exec to board
(AP) — Allstate Corp.
said Wednesday that it will add a recruiting consultant to its board of
directors.
Andrea
Redmond, 53, will become a director of the insurance company effective Jan.
1. Redmond provides consultant services to senior executives
on executive recruiting, succession planning and talent management. She spent
20 years at recruiting firm Russell Reynolds Associates. Allstate shares rose 12 cents to $29.40 in morning
trading.
November 8, 2009
- "Making Waves — A new spin on the
skyscraper" by Blair Kamin, Chicago Tribune It is the tallest building designed by a female-owned
architectural firm and the first skyscraper from Chicago's Jeanne Gang of Studio Gang Architects and a TCN member. Click Aqua to get the full story.
November 5, 2009 - Congratulations to TCN members who were listed as the Business Leaders of Color, in Chicago United 2009:
- Michele Coleman Mayes, Senior Vice President & General Counsel, Allstate Insurance Company
- Michelle L. Collins, President, Cambium LLC
- Nelda J. Connors, President, Tyco Electrical and Metal Products, a division of Tyco International Management Co.
- Sue Ling Gin, Chairman & CEO, Flying Food Group
- Kym M. Hubbard, Chief Investment Officer, Ernst & Young LLP
- Dolores A. Kunda, President & CEO, Lapiz Hispanic Marketing and Leo Burnett Puerto Rico
- Judith C. Rice, Vice President, Director of Government Relations, Harris Bank
- Sheila G. Talton, Vice President, Cisco Globalization Office, Cisco Systems, Inc.
October 26, 2009 - TCN member, Linda Searl, FAIA, participated in a three day conference for the Mayors’ Institute on City Design in Charleston, South Carolina
on October 21, 2009. The Mayors’ Institute is sponsored by the National
Endowment for the Arts, the U.S. Conference of Mayors, and the American
Architectural Foundation. An interdisciplinary team of eight design
professionals were invited to work with seven mayors from around the
country to discuss urban design issues facing each mayor. Searl is a
principal in the firm Searl Lamaster Howe Architects, P.C. and
currently serves as chair of the Chicago Plan Commission.
October 14, 2009 - Sun-Times Letter to the Editor by Anne LadkyThe
funding cuts to the state's Monetary Aid Program constitute a crisis
for higher education in Illinois — and for the state's economic
future. If
legislators do not restore funding for MAP grants in the next two
weeks, about 140,000 lower-income students will lose their financial
aid Jan. 1. As Chicago Sun-Times reporter Dave Newbart pointed out,
college enrollments are likely to drop dramatically, and without MAP
students' tuition, many institutions will have to make deep cuts in
their programs. Failing
to restore MAP funds also will deplete the supply of trained workers
for Illinois businesses. And that will cripple Illinois' ability to
recover from the recession and grow its economy over the long term. MAP
funding is an investment in everyone's future, so call or write your
state legislators during the upcoming veto session and tell them to
restore it. Anne Ladky, Executive Director, Women Employed
October 12, 2009 - "In charge of bringing change to ComEd" by Anne Pramaggiore, Chicago Tribune
October 5, 2009 - "Furthering growth at Gottlieb Memorial" by Mike Colias, Crain's Chicago Business
SPOTLIGHT:
TCN member, PATRICIA CASSIDY
Job: President of
Gottlieb Memorial Hospital in Melrose Park and senior vice-president of
strategy at Maywood-based Loyola University Health System, which owns Gottlieb,
since July 1.
Vitals: 47 years old;
bachelor's degree, University of Illinois at Urbana-Champaign, 1984; MBA,
Loyola University Chicago, 1995; market research coordinator, Dimensional Marketing
Inc., Chicago, 1985-86; various positions, including director of provider
relations, U.S. Health Care/Lincoln National Insurance Co., Chicago, 1986-90;
various positions, including senior vice-president for system development and
strategy and vice-president for managed care, Loyola University Health System,
Maywood, 1990-2009.
Strong
suit:
Strategy and business development. Thomas Robertson, vice-president of business
strategies at Oak Brook-based University HealthSystem Consortium, which includes
more than 100 U.S. academic hospitals, says Ms. Cassidy is "among the top
five strategists" he's worked with.
Résumé
gap:
Has never been a hospital president.
Track
record:
Led Loyola's deal to acquire Gottlieb in 2008.
Job one: Continue to build
key clinical programs that have been expanded since the acquisition, including
orthopedics, obstetrics and primary care.
Obstacles: Loyola's precarious
financial position - it cut its budget by $21 million in May and eliminated 440
jobs amid heavy operating losses - could limit the capital available to expand
clinical programs and recruit doctors to Gottlieb.
The
plan:
"The No. 1 priority is growth at Gottlieb," she says; she also has
set a goal of 3% operating profit margins.
September 22, 2009 - Invitation to Real Estate Leadership Series
Dear Chicago Network Members:
I am delighted to invite you to attend the kick off event of Roosevelt University’s Goldie
B. Wolfe Miller Women Leaders in Real Estate Initiative’s Third Annual
Leadership Series on October 7, 2009. Three national women leaders in
real estate law, Virginia Aronson, Nina Matis and Linda D. White, will
discuss the post-recession landscape and the opportunities available as
the economy recovers.
The
event will be held from 11:30 a.m. to 1:30 p.m. at the Palmer House
Hilton, Empire Room, 17 E. Monroe St. To obtain additional information
and register for this event please click on this link: https://www.signmeup.com/site/reg/register.
I hope to see you there! Sincerely, Goldie
September 21, 2009 - This year Pat Werhane, Wicklander Professor of Business Ethics and
Director, Institute for Business and Professional Ethics, Depaul
University and University of Virginia was named as one of the 100 best
ethics scholars by ETHISPHERE.
September 18, 2009 - "LaSalle vet Herseth lands at Harris" by Steve Daniels, Crain's
Mary Jo Herseth, former wealth management head in Illinois and Michigan for Bank of America Corp., has been named a senior executive in Harris Bank’s unit catering to the wealthy.
Ms. Herseth, 50, will start Sept. 28 as senior vice-president in charge
of traditional banking operations within Harris’ wealth-management arm.
She will report to Terry Jenkins, president and CEO of the unit.
A veteran of Chicago’s LaSalle Bank, Ms. Herseth left B of A early this
year after serving a little more than a year as the local head of U.S.
Trust Bank of America Private Wealth Management. She was one of several
senior LaSalle execs who were named to high-profile local B of A posts
after it bought LaSalle in October 2007, and then swept out of B of A
in late 2009 and early this year.
Recently, Mark Sander, who briefly ran commercial banking in Chicago
for Charlotte, N.C.-based B of A, landed at Green Bay, Wis.-based
Associated Banc-Corp as commercial lending chief. "She’s got a great track record,” Mr. Jenkins said in an interview Friday. "We’re lucky to have her.” "I think we can grow the business quite a bit,” Ms. Herseth said.
Harris’ wealth management unit has more than $25 billion in assets
under management and 18 offices around the country. Seven of those
locations are local: in St. Charles, Naperville, Barrington, Winnetka,
Lake Forest, Hinsdale and the Loop. Other offices are in Wisconsin,
Indiana, Washington state, Florida, Arizona and Virginia. Ms. Herseth’s role will be to oversee the banking services — loans and deposits — provided to Harris’ well-off clients.
September 17, 2009 - Letter from Laurene von Klan
Dear Friends:
Today
was my third day working with The Night Ministry. This is one of
Chicago’s leading human services organizations. The Night Ministry
serves the homeless and other people in need. Our bus is out 365 nights
a year, when and where people are most lonely, vulnerable and in need
of support. We offer food, counselors, warmth, and health care. The
numbers of people coming to our bus for health care is rapidly growing
as more and more people are losing access. We also have shelters for
homeless, runaway and lockout youth. Did you know there are 10,000
homeless youth in Chicago in a year? And thousands turned away from
shelters because there aren’t enough youth beds? See The Night Ministry
in action by clicking on this short youtube film link. http://www.youtube.com/watch?v=53QsLkE2euY I
am the Vice President of External Relations and Development. This takes
me back to my roots in development and marketing. I am happy to serve
as VP with such a strong and passionate leadership team, staff, and
board. I know I will learn, grow, and make a difference. This
move to The Night Ministry expands on my past work and interests. In my
environmental work I always tried to keep a focus on urban communities.
Helping to start a youth canoeing program, urban schools nature
programs, work with public housing residents are ways that I brought a
social focus to my environmental work. Now,
it is my time to focus more directly on people, poverty, and the many
issues wrapped up in them. And, I feel great about it. Please
do call me, shoot me an email, let me know what you are doing, and come
to learn more about The Night Ministry. I am grateful for the work we
have done together, the inspiration you give me, and your friendship.
My new e-mail is Laurene@thenightministry.org and my phone number is 773-506-6005. See you soon, I hope. Best, Laurene
September 15, 2009 - Several TCN members have been selected to receive the 2009 Women of Achievement Award
from the Chicago Alliance of Women and from the following event
co-sponsors. The Platinum sponsors are Holland & Knight LLP, the
Chicago Architecture Foundation and Lamp Construction. They are joined
by the event co-sponsors CREW Chicago, Columbian Model & Exhibit
Works, Ltd. and the Chicago Economic Development Institute.
The
award presentation will be at the law firm of Holland & Knight LLP
on Wednesday, October 14, 2009 from 5:30pm to 7:30pm. The TCN
recipients of this year's award are:
- Goldie Wolfe Miller, Millbrook Corporate Real Estate Services LLC - Real Estate Philanthropy
- Amy Osler, Executive Director, The Chicago Network - Civic & Corporate Leadership
- Lynn J. Osmond, President and CEO, Chicago Architecture Foundation - Architecture & Planning
- Maria Pappas, Cook County Treasurer - Local Government
- Deborah Sawyer, CEO, Environmental Design International, Inc. - Environmental & Green Development
- Janet Schirn, President, Janet Schirn Design Group, Inc. - The Fine Arts & Interior Design (posthumous)
September 15, 2009 - Elizabeth Brackett won the
World Triathlon Championship in Australia! She qualified for it
this year after winning a zillion triathlons in her age bracket in the
U.S. So she was one of very few women in her age bracket who qualified
to compete in the World championship which was held in Australia. She
competed with women from all over the world and won!
September 15, 2009 - TCN member Martha Gilmer was
the 2009 recipient of Dominican University’s Bravo Award. The honor is
presented annually by the university to a person or organization whose
exceptional contributions to the performing arts have enhanced the
public’s opportunities to enjoy the best in music, opera, theater and
the humanities. Network member Donna Carroll, said in her remarks "Martha
works tirelessly to create new ways of making the CSO more accessible
to more people," said Carroll. Her goal is to help audiences view music
in different ways. Today, Dominican University celebrates your passion
for music, your innovative approach to programming and your business
savvy that pulls it all together. You have brought the Chicago Symphony
Orchestra to the world and exposed a new generation of concertgoers to
a world of music. We applaud your leadership.”
September 22, 2009 - Carrie Nahabedian will be inducted into The Chicago
Culinary Museum and Chef Hall of Fame (joining Rick Bayless who was
inducted last year). The annual Chefs Hall of Fame Inductee Dinner will
take place Tuesday September 22, 2009 at the Union League Club of
Chicago, 65 W. Jackson beginning at 5:30pm. For more information and
tickets, please visit: http://www.brownpapertickets.com/event/67989.
August 29-30, 2009 - "Modernizing
in the mountains: Aspen's Little Nell gets a big makeover" by Holly Hunt, Wall Street Journal
August 24, 2009 - Crain's Chicago Business - Amy Osler
August 20, 2009 - Office of the Mayor - City of Chicago - Proclamation
July 21, 2009 - "The Ultimate Obama Insider" by Valerie Jarrett, New York Times
July 13, 2009 - "A management consultant-turned-restaurateur" by Mike Steinberger, Financial Times
 |
| Rohini Dey at her New York restaurant Vermilion |
It was towards the end of our conversation, when Rohini Dey casually
mentioned that she had recently climbed Mount Kilimanjaro to celebrate
her 40th birthday, that I finally experienced the moment of existential
angst that I knew would be coming: What the hell have I been doing with
my life?
I am sure I am not the first person forced to confront that question
in the presence of the hyper-accomplished Dey. An economist by
training, she worked at the World Bank and as a management consultant
for McKinsey before becoming a restaurateur. She now operates two
acclaimed restaurants, both called Vermilion, in New York and Chicago,
shuttling between the cities nearly every week, also tending to her
husband (himself a McKinsey director) and two young children, while
teaching seminars at leading business schools in her spare time. In the
process, she has put an intriguing new face on Indian cuisine in the
US, while also applying some unique thinking to the business of running
restaurants. Set against Dey, who wouldn't feel like a slacker?
Dey lives in Chicago, where the original Vermilion opened in 2004,
quickly establishing itself as one of the city's most fashionable
addresses. The New York outpost opened last autumn – not exactly a
propitious moment to launch a Manhattan restaurant, as the global
economy was in crisis and the city had just seen two big investment
banks go under.
 |
| A plate of appetisers | But
Dey found what she believed was an ideal space, a convenient Midtown
location on Lexington Avenue with lots of nearby office workers to fill
the bar in the evenings mid-week. She was able to buy out the existing
restaurant and refurbish it for a price 40 per cent cheaper than she
would have paid at the market's peak. But even with the discount, she
knows this is a risky period to have entered the New York restaurant
fray. "We're planning to be here for the long haul, so this seemed like
a good time, but ask me again in two years – I might be eating my
words, or my lease.” That is unlikely. As was true of the Chicago flagship, the New
York branch of Vermilion has garnered effusive praise, both for the
quality of the food and for its look – it's a 12,000 sq ft split-level
restaurant with a very stylish lounge and a strikingly attractive
dining room surrounded by huge blown-up photos of equally striking
Indian women taken by leading fashion photographer Farrokh Chothia.
The cooking, which is Indian-Latin fusion, is excellent. Starters,
referred to here as tapas, just to add to the multicultural stew,
include dishes such as duck vindaloo arepas, artichoke pakoras, and
blue corn crusted scallops, all as delicious as they are original. The
deft touch carries over to the mains, highlighted by dishes such as
tandoori skirt steak served with plantain chips and garlic spinach, and
chilli-glazed blackened tamarind ribs with corn ginger salsa and rice
crisps.
Historically, says Dey, there has been considerable
cross-pollination between Latin cuisine and Indian. They share not only
a fondness for spices but a number of common ingredients, such as
coconut, guava, plantains, beans, and coriander. Mixing the two
cuisines for an American audience struck her as "intellectually
provocative”.
Paradoxically, though, she was also intent on showing Americans a
more authentic style of Indian cooking. Her decision to open the
Chicago restaurant was partly fuelled by her dismay at the kind of
Indian food on offer in the US. As she points out, many Indian
restaurants in America specialise in cheap, all-you-can-eat buffets,
most of which are as bad as they are tacky. "That is what the public
has gotten to know,” she says, "and it just embarrasses me.” She also
felt that the few Indian restaurants trying to do something more
ambitious and refined tended to water down their cooking – to "sell out
on our flavours”, as she puts it.
Dey has always had a passion for food, and her upbringing – her
father was an officer in the Indian Air Force and the family moved
frequently, which exposed her to the country's many regional cuisines –
gave her strong views about what is and is not authentic when it comes
to Indian food. However, she does not cook at either of her
restaurants. Her executive chef in New York, and before that Chicago,
is Maneet Chauhan, who worked in India for, among others, the Taj Group
and Oberoi Hotels before coming to the US in 1998 and earning a degree
from the famed Culinary Institute of America. The chef de cuisine is
Ipshita Pall, completing a triumvirate of women at the helm of the New
York restaurant. The fact that all three have chosen unusual career
paths is not lost on Dey. "We are just a bunch of deviant Indian
women,” she jokes.
 |
| One of Vermilion's signature dishes | In
Dey's case, the decision to leave McKinsey and become a restaurateur
initially horrified her parents and in-laws: "I was a respectable girl
with all the makings of a solid career.” That is putting it mildly. Dey
did her undergraduate and masters in New Delhi, then earned a PhD in
economics from the University of Texas. She spent two years working for
the World Bank in Washington, after which she was hired by McKinsey in
Chicago. Her work there spanned a number of industries, and the
pressure to perform was "unlike anything I'd ever experienced”, she
says. "The expectations were phenomenally high.” But she describes her
four years with McKinsey as "life-changing”. The skills she developed –
the critical thinking, the ability to strategise and implement feasible
business plans – served her well as a management consultant and
continue to do so as a restaurateur. Certainly, no one can accuse her of failing to perform due
diligence. Prior to opening her Chicago restaurant, she interviewed 40
chefs before connecting with Chauhan. Likewise, she spent seven months
scouting locations in New York, during which she visited more than 60
Manhattan restaurants to get a better sense of the local dining scene.
Drawing on her vast network of contacts, she also put together
impressive teams of investors. In Chicago, her backers include a
handful of McKinseyites, prominent among them Rajat Gupta, the firm's
former managing director and now a special adviser on management
reforms to the United Nations. In New York, she assembled a glittering
roster of investors that included novelist Salman Rushdie, publishing
legend Sonny Mehta and Sabeer Bhatia, co-founder of Hotmail.
The marquee names helped draw attention to both restaurants when
they were opening and Dey is determined to keep them in the spotlight –
she retains the services of several top PR firms and event planners for
just that purpose. The restaurants frequently host private parties, in
part because Dey long ago concluded that these were "the bread and
butter” of the industry.
As a relative newcomer to the food world, and one who happens to be
a McKinsey alumnus, she says she is shocked by how poorly managed most
restaurants are: "[The industry] is run appallingly. Eighty to 90 per
cent of the people are passion-driven but have no business
backgrounds.” Her fresh eyes have yielded a handful of practices
designed to reduce inefficiencies. For instance, there is extensive
cross-training in both the kitchen and the dining room so that staff
can perform multiple functions on a given night, which keeps labour
costs in check. If necessary, dishwashers can help out with prep and
desserts, and hostesses and bartenders can serve drinks and food.
"Nothing is sacrosanct,” Dey says. "I look at this as an outsider.”
So is there anything this woman cannot do? While walking me to the
door, she admitted that she still needed her cigarette fix. It was
reassuring to know she had a vice but I still left feeling like a
slacker.
Vermilion, 10 West Hubbard, Chicago, tel: +1-312 527 4060; http://www.thevermilionrestaurant.com/ Vermilion, 480 Lexington Avenue, New York, tel: +1-212 871 6600
Mike Steinberger is the author of ‘Au Revoir to All That: Food, Wine and the End of France' (Bloomsbury)
July 7, 2009 - "More jobless execs foot their outplacement bill" by Joann S. Lublin, Wall Street Journal
CHICAGO—Richard Malone has cooked up a new operating model for sick
newspapers, an idea that may need investors.
Unsure of its feasibility, the former Chicago Tribune official
outlined his tentative plan last month to executives seated in black
leather chairs around a polished mahogany table here. The meeting’s
attendees, mostly other displaced executives, proposed ways that Mr.
Malone might improve his Power Point presentation before possibly
pitching it to private-equity firms.
"Some of the free consulting I’m getting here, I’d have to pay hundreds of dollars for from outside firms,” he said.
Actually, Mr. Malone spent plenty for the "free” advice by forking
over a hefty five-figure fee to Shields Meneley Partners, a Chicago
career-transition firm that serves displaced top executives by offering
specialized job-hunting help, including tapping clients’ expertise, as
in the case of Mr. Malone. The boutique runs "Think Tank,” the weekly
brainstorming session where he addressed eight fellow clients of
Shields Meneley and one former client.
Welcome to the brave new world of high-end outplacement assistance.
More laid-off senior managers now must pay part or all of the bill for
this customized counseling because employers are less generous in the
current economic environment. At the same time, jobless executives need
every possible leg up in a fiercely competitive job market.
Shields
Meneley charges between $45,000 and $100,000 for 18 months of aid.
About 60% of its 35 clients cover at least a portion of the fee, up
from 40% in 2004. Small rivals report similar recent spurts in clients
footing part of the tab. Yet the median value of external outplacement
offered to executives during the past two years is just $6,000,
according to a June poll of 265 U.S. employers by the American
Management Association and Institute for Corporate Productivity.
As the jobless rate soars, a close look at Shields Meneley offers
insights into the pluses and minuses of deluxe career-transition
services. The firm’s strongest selling point? Highly personalized
attention.
Clients initially undergo a lengthy assessment with a staff
psychologist. Assigned one of the firm’s three counselors, executives
then develop a marketing plan, polish their resumes, practice
interviewing, update wardrobes, enlarge professional networks and get
"acclimation” coaching during their next job’s early days.
Shields Meneley represents "the custom tailors of outplacement,”
says client Jeff Held, a former vice president of business development
for Quixote Corp. The Chicago maker of highway- and
transportation-safety products eliminated his post in December 2007.
When Mr. Held arrived at Shields Meneley early last year, co-founder
Gail Meneley already "had done her homework about my background,” he
recalls. Mr. Held likes the firm’s array of services—plus extra
touches, such as the staffer who arranged to send his wife a surprise
birthday gift. And its plush, high-rise office felt "like being at work
again,” he says. Mr. Held, who paid $32,000 of the $50,000 fee, is
still looking for a new gig.
If clients need it, Shields Meneley provides extra hand-holding. One
Sunday morning this spring, a telecommunications executive called
co-founder Hugh Shields at home because he felt anxious about a job
interview the next day. "We did role playing,” rehearsing answers to
trick questions, Mr. Shields remembers. The man began work Monday,
leading a global division at a major telecom.
Other executives appreciate Shields Meneley so much that they become
repeat customers. Peter Dunn’s first stint helped him land the
presidency of Steak N Shake Co. in 2002. Mr. Dunn later advanced to
chief executive. He again used Shields Meneley after leaving the
restaurant chain in fall 2007 following a strategy disagreement. He
covered $5,000 of that $45,000 fee.
This time, Mr. Dunn rejected CEO offers. He says he and Ms. Meneley
instead explored entrepreneurial roles where "my skills could make a
difference.” Ms. Meneley encouraged him to consider elder care or
health care as "opportunities for solving unsolved problems,” Mr. Dunn
adds. In January, he and a partner launched Activate Healthcare LLC, an
Indianapolis concern that operates on-site health clinics for
businesses.
Shields Meneley also introduces clients to influential corporate
leaders, including alums. That’s how Mr. Dunn met potential "angel”
investors for his start-up. "These are resources I would not have found
on my own,” he says.
The firm created the Think Tank partly so participants could swap
potential opportunities in different industries. For instance, in
Mr. Malone’s Think Tank session, participants included a
printing-industry lawyer, a former marketer for a big consumer-goods
maker and the ex-chief administrative officer of an asset-management
firm.
There are downsides to high-level outplacement. It requires
considerable time and money. On average, Shields Meneley clients now
spend nearly a year finding employment—up from eight to 10 months last
fall. However, the longer searches common these days persuaded the firm
to temporarily extend its standard 12-month client contract to 18
months without raising fees.
New Directions, a Boston competitor, recently introduced a shorter
and less expensive version of its traditional multiyear program. Other
rivals slash rates for clients who could generate referrals.
Stephanie Kushner, who lost the chief financial officer’s spot at
Federal Signal Corp. in December, didn’t mind paying 60% of Shields
Meneley’s $45,000 fee. She figures that equals less than 5% of what she
likely will earn next. "Why should I try some low-budget [outplacement]
alternative?” she asks.
Another drawback: A comprehensive but cozy array of
career-transition services may lull people into complacency. The
exclusive clubhouse approach "takes the edge off your job search,” and
you may not feel so motivated to hustle for a new job if you’re getting
so much relaxed hand-holding, warns Laurence Stybel, co-founder of
Stybel Peabody Lincolnshire, a Boston consultancy that counsels jobless
executives.
"Ours is high-end outplacement as a halfway house,” Mr. Stybel says.
"We are here to help you get moving, get on your feet and get out of
here.”
Ms. Meneley insists her clients work hard seeking work. "They don’t
want to spend a single day longer than they need to in transition.”
July 2, 2009 - "Geneticist honored for 1972 discovery: Leukemia finding changed how disease is targeted" by Robert Mitchum, Chicago Tribune
The
discovery came on one of Dr. Janet Rowley's "off days" in 1972 -- days
where Rowley would pore over microscope images spread out on the dinner
table while keeping one eye on her four young boys.
Scientists were befuddled by the relationship between genes and cancer,
unsure why patients with a particular leukemia displayed one abnormally
short chromosome. Rowley, then a part-time researcher and full-time
mom, solved the puzzle in her Hyde Park dining room and forever
transformed how cancer is studied and treated.
The simple
genetic error she identified, a swap of genes called chromosomal
translocation, set off a deadly chain of events leading to leukemia.
With the root revealed, scientists could focus on ways to fight the
disease.
"That was a really wild moment," Rowley recalled Tuesday at the University of Chicago,
a day before she was announced as the winner of the 2009 Peter and
Patricia Gruber Genetics Prize, the latest in a long line of awards
given to the 84-year-old for her life in science.
The
prize, which includes $500,000 and a gold medal, is awarded each year
to a geneticist who has broken new ground in the field. Rowley, a
professor at the University of Chicago, will receive the award in
October at a genetics conference in Honolulu.
Members of the
selection committee said that Rowley's long, illustrious career made
her an ideal recipient, from her detection of the genetic error that
underlies some leukemias through her time advising the White House on ethical issues of scientific research.
"She's
been a major figure," said Robert Waterston, professor and chair of
genome sciences at the University of Washington. "She's been very
productive through the years, a very clear thinker, and people seek her
advice."
Rowley's achievements are even more notable given a
late start to her research career, which hit its stride 14 years after
she graduated from medical school at the University of Chicago. Meeting
her husband, Dr. Donald Rowley, during her medical studies, Rowley
decided to work only three days a week so that she could raise the
couple's four sons.
"I was pretty laid-back about a career, and
for a long time I looked on medicine as a hobby, and my husband and
children were my top priority," she said. "I never expected to get
involved in research."
But after learning about the latest
methods for studying chromosomes, the scaffolding of genes, during a
1962 sabbatical with her husband at Oxford University, Rowley came back to Chicago and was given laboratory space to examine the then-foggy relationship between genetics and cancer.
Scientists
knew that tumor cells taken from cancer patients showed unusual or
damaged chromosomes, but they argued over whether that damage caused
cancer or was a byproduct of the disease.
Rowley's landmark
work, published in 1973, identified an erroneous trade of genes between
two chromosomes that characterized one form of cancer called chronic
myelogenous leukemia.
Later studies found that this
translocation causes the excessive production of abnormal white blood
cells, the primary symptom of leukemia. In subsequent years, scientists
went on to identify several dozen more cancers caused by chromosomal
translocation.
"This changed the way cancer was understood,
opened the door to development of drugs directed at the cancer-specific
genetic abnormalities, and created the paradigm that still drives
cancer research," said Mary-Claire King, professor of medical genetics
and genome sciences at the University of Washington.Later in her
career, Rowley also made an impact upon scientific public policy as a
member of the President's Council on Bioethics established by President George W. Bush
in 2001. An opponent of the restrictions Bush placed upon federally
funded stem-cell research, Rowley was invited to stand over President Barack Obama's shoulder as he signed an order repealing those limitations in March.
"That was a thrilling day," she said. "I didn't know ... I was going to be standing with the president."
Today,
Rowley continues her research, biking each day from her Hyde Park home
to her lab and still chipping away at the mysteries of why subtle
genetic changes can lead to deadly cancers. Already the recipient of
the prestigious Lasker Award and the National Medal of Science, Rowley
said the Gruber Prize was no less exciting. "It's a great honor to have
one's colleagues still recognize one's accomplishments," she said.
And
for the monetary portion of the award, Rowley already has plans for it.
"The stock market has hit my grandchildren's college education fund
pretty hard, so I look forward to being able to personally rejuvenate
it."
June 3, 2009 - Mellody Hobson, president of Chicago-based
Ariel Investments LLC, was among 18 newly appointed members to an investor advisory committee to the
Securities and Exchange Commission. (Crain’s)
April 29, 2009 - ComEd Announces Organizational Changes - Names first female president in company’s history.
Anne R. Pramaggiore
has been promoted to president and chief operating officer. She will
have primary accountability for ComEd’s operations and overall
performance associated with reliability and customer satisfaction.
April 7, 2009 - Corn Products International, Inc. (NYSE:CPO) announced that its board
of directors has appointed Ilene Gordon chairman, president and chief executive
officer, effective May 4, succeeding Samuel C. Scott III who, consistent with
Company policy that senior executives step down by age 65, is retiring. (Business Wire)
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