2015-2016 REPORT

7730 Zanzibar Lane North | Minneapolis, 55311 | 612.432.6790 www.ecomn.org | Twitter@EconomicClubMN #OnlyatECOM Annual D.C. Reception:

l Ambassador Michael Froman, U.S. Trade Representative, accepted the 2016 Champion of Free Trade Award in March 2016.

l Food Security Summit, featuring Doug Baker, CEO of , Jeffrey Ettinger, CEO of Foods, Jeff Harmening, COO of , David MacLennan, CEO of , James The purpose of these events is to: O’Rourke, CEO of Mosaic, Greg Page, Executive Director l Help D.C.-based Minnesotans of Cargill, Chris Polocinski, CEO of Land O’Lakes, and Sally better understand issues faced Smith, CEO of Buffalo Wild Wings discussed issues impacting by Minnesota companies. global food security. l Provide opportunities for business leaders in Minnesota to go to D.C. and connect with Minnesotans who work in Congress, the Administration, various federal agencies and NGO’s.

l January, 2014: Celebration of the 20th Anniversary of NAFTA. l July 23, 2015: Celebration of the 150th Anniversary of Cargil with David MacLennan, Chairman & CEO of Cargill. l June 7, 2016: Celebration of the 150th Anniversary of General Mills with Ken Powell, Chairman & CEO of General Mills SPONSORS Sustaining Sponsors Patron Sponsors Accenture Cargill AmeriPride Services DLA Piper Amplifon USA Ecolab Cornerstone Capital Management FleishmanHillard, Inc. Dorsey & Whitney Frauenshuh Faegre Baker Daniels Merrill Lynch Flint Hills Resources RBC Wealth Management Great River Energy Robins Kaplan LLP Lockton Companies TCF Bank U.S. Bank The Mosaic Company Asset Management Wells Fargo Club Sponsors Allianz Life Associate Sponsors Accredited Investors, Inc. Bremer Bank Allen Edmonds Briggs and Morgan BDO USA C.H. Robinson Worldwide CentryLink CHS CliftonLarsonAllen Compass Capital Management Gray Plant Mooty Deloitte Hubbard Broadcasting Fredrikson & Byron Lapp, Libra, Thomson, Stoebner & Pusch General Mills Larkin Hoffman Grant Thornton Lurie LLP Holiday Companies Mairs & Power Land O’Lakes Medtronic Padilla CRT Merchant & Gould Salo, LLC Minnesota Business Partnership Sit Investment Associates Norwest Equity Partners Pinnacle Direct-Print & Design Sponsor Vistage Twin Cities BOARD OF DIRECTORS

Mark Kennedy, Chairman & Co-Founder Tim Penny, Co-Founder Member of Congress (2001-2007) Member of Congress (1983-1995) President Elect, University of North Dakota President, Southern Minnesota Initiative Foundation Director of the Graduate School of Political Management Professor of Political Management David Frauenshuh, Treasurer & Founding Director The George Washington University Founder and CEO, Frauenshuh Bill Frenzel, Co-Founder (1928 - 2014) Steve Sanger, President Member of Congress (1971-1991) Retired CEO, General Mills Guest Scholar, Brookings Institution Lead Director, Wells Fargo Board of Directors Elliot Jaffee, Director Dr. Christine Cumming, Director Executive Vice President, Retired First Vice President Head of Commercial Banking Federal Reserve Bank of New York U.S. Bank Sid Verdoorn, Founding Director, Emeritus Martha ‘Muffy’ MacMillan, Director Retired Chairman & CEO, C.H. Robinson Cargill Foundation Board Kristin J. Robbins, Executive Director Mark Olson, Director Co-Chair, Treliant Risk Advisors Alexandra Ehrich, Director of External Relations Former Governor, Federal Reserve Board (2001-2006) Amy Paul, Director of Operations Paul Koch, Ex-Officio Director Senior Vice President, UBS Financial Services 2015–2016 Speakers Dr. Ian Bremmer Ambassador Michael Froman President & Founder, Eurasia Group Trade Representative (USTR) (2013-present) Brian Cornell 2016 Recipient of Chairman & CEO, Target Corporation Bill Frenzel Champion of Free Trade Award Food Security Summit Ben Heineman (Sponsors-Only Event) Doug Baker, CEO of Ecolab Former General Counsel, General Electric Jeffrey Ettinger, CEO of Hormel Foods Neel Kashkari Jeff Harmening, COO of General Mills President, Federal Reserve Bank of Minneapolis David MacLennan, CEO of Cargill Matt Rose James O’Rourke, CEO of Mosaic Executive Chairman, BNSF Railway Greg Page, Executive Director of Cargill Karl Rove Chris Policinski; CEO of Land O’Lakes Former Deputy Chief of Staff and Senior Advisor to Sally Smith, CEO of Buffalo Wild Wings President George W. Bush Event Sponsors: Cargill, Inc.; U.S. Bank; Accenture; Dorsey & Whitney Dr. John Taylor Professor of Economics, Stanford University

ECOM’s Young Professional Club engages Minnesota’s rising business leaders through events that encouage thought-leadership, stregthen economic literacy amoung Millenials, and provide excellent networking opportunities.

Mike Fernandez Amy Langer Tim Penny Vice President, Co-founder, Former Member of Congress Corporate Affairs, SALO President, Southern MN Initiative Foundation Cargill SPONSORSHIP LEVELS Registration Form 2016 - 2017 Season

Sustaining Sponsor: $11,000 Corporate Sponsorship p Sustaining Sponsor: $ 11,000 p Patron Sponsor Benefits p Patron Sponsor: $ 8,250 p Seat at Head Table at each regular Club Luncheon p Club Sponsor: $ 5,500 Patron Sponsor: $8,250 p Associate Sponsor: $ 2,750 p Complimentary table of 8 at each regular Club Luncheon Individual Membership p 8 tickets to each Speaker’s Reception p Executive Member: $ 1,000 p Corporate logo on website and printed material p Young Professional: $ 600 p 2 tickets to Sponsors-only events p Community Leader Member: $ 300 p Sponsor may designate 2 Executive Members Club Sponsor: $5,500 p 4 complimentary seats at each regular Club Luncheon Student Sponsorship: p 4 tickets to each Speaker’s Reception ______x $250 = $______p Corporate logo on website and printed material p 2 tickets to Sponsors-only events ______p Sponsor may designate 2 Executive Members Name Associate Sponsor: $2,750 ______p 2 complimentary seats at each regular Club Luncheon Company p 2 tickets to each Speaker’s Reception ______p Name listed on website and printed material Address p 2 tickets to Sponsors-only events p Sponsor may designate 1 Executive Member ______Student Sponsorship: As part of ECOM’s mission to increase economic literacy, we hope to increase student ______participation in our events. If you are interested in donating an Phone additional $250/student to host area college and/or graduate students at ECOM luncheons for the season, please check the ______appropriate box on the reply form. We greatly appreciate your Email support for this program! ______Designated Executive Member(s) MEMBERSHIP LEVELS Method of Payment Executive: $1,000 p Visa p Check p Complimentary attendance at each regular Club Luncheon p Mastercard p Bill Me p American Express p Attendance at Speaker’s Receptions p Invitations to Members-Only events p Bring guests at Guest of Member rate ______($60 instead of $80) Credit Card No. ______Young Professional: $600 (40 & under) Expiration Date Security Code p All Executive Member Benefits ______p Exclusive Young Professionals Club (YPC) events Signature

Community Leaders: $300 Credit Card Information will be destroyed after registration. (educators, non-profit leaders & public officials) Register online at www.ecomn.org or mail registration to: p All Executive Member Benefits Economic Club of Minnesota New members must submit an application and a letter of recommendation from a board member or current member/sponsor. Current individual 7730 Zanzibar Lane North members do not need to submit these materials. All Members will be listed Minneapolis, MN 55311 in our new Membership Directory. Application and recommendation forms are available from [email protected]. ENGAGING the WORLD The Economic Club of Minnesota provides a world-class, non-partisan forum for national and international leaders in business and public policy to discuss Ambassador Michael Froman with Ambassador Carla Hills, ideas that impact our ability to compete in Congressman Tom Emmer, and ECOM Board Members global economy.

Our Mission Engaging the world.. Strengthening Minnesota.

We accomplish this in four ways.

3 Putting MN on the Global Map: Brian Cornell, CEO of Target Introduce national and international leaders to Minnesota.

3 Thought Leadership: Engage the public on national and international economic issues.

3 Networking: Provide opportunities for business and policy leaders, as well as young professionals, to build relationships with each other and global leaders. Food Security Summit featuring Minnesota CEOs **See 2015-2016 Speakers for a full list of participants 3 Student Engagement: Strengthen students’ economic literacy and retain our competitive edge by helping students network to find jobs in Minnesota.

strengthening Dr. John Taylor, Stanford University, and MINNESOTA ECOM Board Member Dr. Christine Cumming 2014–2015 Season

Doug Baker Jay Timmons CEO & Chairman, Ecolab President & CEO, Nat’l Assn. of Manufacturers Dr. William Dudley President, Federal Reserve Bank of New York Release of Risky Business Project’s Midwest Report Ambassador Carla Hills Henry M. Paulson, Jr. United States Trade Representative (USTR) (1989-1993) Former U.S. Secretary of the Treasury 2015 Recipient of Greg Page Chairman, Cargill Bill Frenzel Champion of Free Trade Award The Honorable Haruhiko Kuroda Post-Election Analysis with: Governor, Bank of Japan Mark Penn His Excellency The Right Honorable David Johnston Former Pollster for President Bill Clinton Governor General of Canada Dr. Jan van Lohuizen John Watson Former Pollster for President George W. Bush Chairman & CEO, Chevron

2013-2014 Season

20th Anniversary Celebration of NAFTA, Washington, DC Hubert Joly Timothy Beardson CEO, Best Buy Founder, Crosby Dr. Narayana Kocherlakota Author, The Stumbling Giant: Threats to ’s Future President, Federal Reserve Bank of Minneapolis Dr. Doug Elmendorf Tom Nides Director, Congressional Budget Office Vice Chairman, Morgan Stanley Ambassador Mark Green Patricia Woertz CEO, Initiative for Global Development CEO, Archer Daniels Midland Former U.S. Ambassador to Tanzania

2012-2013 Season

Dr. Agustin Carstens Gregg Steinhafel Governor, Bank of Chairman, President & CEO, Target Corporation Major Garrett John Surma White House Correspondent, Chairman and CEO, U.S. Steel Corporation National Journal & CBS News David Wessel The Honorable Amy Klobuchar (D-MN) Economics Editor, Wall Street Journal United States Senator Dr. Eric Rosengren President, Federal Reserve Bank of Boston

2011-2012 Season

Dr. Ben Bernanke Pascal Lamy Chairman, Federal Reserve System Director-General, World Trade Organization Dr. George W. Buckley Michelle Rhee Chairman, President & CEO, 3M Founder & CEO, StudentsFirst The Honorable Kevin Brady (R-TX) His Excellency, Arturo Sarukhan U.S. House of Representatives Ambassador of Mexico to the United States Dr. Narayana Kocherlakota President, Federal Reserve Bank of Minneapolis

2010-2011 Season

Tom Donohue Greg Page President and CEO, U.S. Chamber of Commerce Chairman and CEO, Cargill Richard Fisher Dr. Matthew Slaughter President, Federal Reserve Bank of Dallas Professor, Tuck School of Business, Dartmouth Ann Fudge Former Member, Council of Economic Advisors Member, National Commission on Fiscal Responsibility and Reform John Stumpf Former Chairman and CEO, Young & Rubicam Chairman, President and CEO, Wells Fargo & Co. Dr. R. Glenn Hubbard Robert Zoellick Dean, Columbia Business School President, World Bank Former Chair, Council of Economic Advisors United States Trade Representative (2001-2005)

7730 Zanzibar Lane North | Minneapolis, Minnesota 55311 | 612.432.6790 www.ecomn.org | Twitter@EconomicClubMN