The New England Council — 2001 Annual Report
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2011 ANNUAL REPORT M ISSION The New England Council is an alliance of businesses, academic and health institutions, and public and private organizations throughout New England formed to promote economic growth and a high quality of life in the New England region. The New England Council is a leading voice on the issues that shape the region’s economy and quality of life. The Council focuses on key industries that drive the region’s economic growth including education, technology and innovation, health care and fi nancial services. THE NEW ENGLAND COUNCIL TABLE OF CONTENTS 2011 4 President’s Letter 5 Chairman’s Letter ADVOCACY & INITIATIVES 6 Overview 7 Energy & Environment 9 Financial Services 11 Health Care 12 Higher Education 13 Manufacturing 14 Trade 15 Transportation EVENTS 16 Annual Spring Event 18 Annual Dinner 20 Congressional Roundtable Series 22 Politics & Eggs Series 24 Featured Events ABOUT THE COUNCIL 26 DC Dialogue 27 New Members 28 Board of Directors 32 New England Congressional Directory 3 THE NEW ENGLAND COUNCIL 2011 PRESIDENT’S LETTER DEAR NEW ENGLAND COUNCIL MEMBER: Each year as we prepare our Annual Report, I am proud to look back at how much The New England Council has accomplished over the past year. At the same time, I always wonder how we will top it in the year ahead. Needless to say, in my 15 years at the helm of The New England Council, I have not been disappointed. When people ask me how we continue to grow and thrive—particularly during the challenging economic situation in recent years—I tell them that it is because of our members. It is because of your engagement and ongoing support that The New England Council continues to be one of the nation’s premier business organizations. It is no exaggeration to say that 2011 was a banner year for The New England Council. It was one of our busiest years to date, with over 40 events held throughout the year. We hosted Congressional Roundtables with members of both the House and Senate in all six New England states. We were fortunate to welcome nearly all of the Republican Presidential candidates, as well James T. Brett as several other national political and media fi gures, at our popular Politics & Eggs series, that we co-sponsor with our friends at the New Hampshire Institute of Politics. Throughout the year, we also had the opportunity to hold events featuring other key federal policy makers, including several senior Obama Administration offi cials. Our two signature annual events—the Spring Event in Washington, DC, and the Annual Dinner—were both tremendous successes. The Annual Spring Event was attended by well over 200 Council members, making it one of the largest to date. We had the opportunity to hear from several senior federal offi cials, including U.S. Secretary of Education Arne Duncan and White House Chief of Staff Bill Daley, and hosted many members of the Congressional delegation at our Capitol Hill Reception. At the Annual Dinner in October, some 1300 New England Council members and friends gathered to honor our inspiring New Englanders of the Year: U.S. Senator Jeanne Shaheen, Bank of America CEO Brian Moynihan, and my dear friend Don Rodman, founder of the Rodman Ride For Kids. Amidst all of this, membership continued to grow at an impressive rate. We were delighted to welcome some 35 new members in 2011, bringing our total membership to over 400 businesses and organizations. Our members continued to be actively engaged in our policy committees as the Council advocated for a variety of policies that impact the economic well-being of our region throughout the year. From the implementation of 2010’s historic health care and fi nancial sector reforms, to tax policy and trade agreements, The New England Council has been the region’s voice in Washington, working to shape policy that will promote economic development and foster job creation. This report offers a snapshot of The New England Council’s activities and work throughout 2011. I am delighted to share it with you, and thank you for your support. Sincerely, James T. Brett President & CEO Jim Brett presents Caroline Kennedy with a New Englander 4 of the Year Award at the Annual Dinner THE NEW ENGLAND COUNCIL CHAIRMAN’S LETTER 2011 DEAR NEW ENGLAND COUNCIL MEMBER: During a year that saw unprecedented national and international challenges to the New England business community, including volatile markets, elusive job growth, and business confi dence at an all-time low, the voice of The New England Council has been more critical than ever before. More businesses than ever before have joined our mission to work together as a region to address our collective challenges. More businesses trust The New England Council’s ability to advocate for their needs in Washington, navigate unprecedented political uncertainty, and effect the change that New England businesses and institutions need to be successful. We were a leading voice on the issues that shape not just our economy but the way we live every day as New Englanders—from promoting advanced manufacturing and international trade to advocating for sensible tax policies that support the type of long-term sustainable growth that leads to secure jobs with secure futures. © W. Marc Bernsau/Boston Marc Journal Business W. © John Hailer Together we have taken the message to Washington that what New England needs is a renewed focus on creating an environment that supports long-term sustainable growth—the type of growth that leads to secure jobs with secure futures. Our mission is neither short-sighted nor self-centered. I know that you, like me, believe that we can and must be part of the solution not just for New England but for America. We have the ability to lead the country toward long-term economic recovery. And it will start right here in New England. We will do it by continuing to build the type of long-term sustainable businesses that have been the bedrock of our region’s success for generations. We will do it through innovation and education—both areas where New England leads the nation. And we will do it by going to Washington and making our voices heard. Addressing our economic crisis is not the task of government alone, nor should it be. As business leaders we have a civic responsibility to contribute to the process. The time to wait for another political solution has passed. It is up to us to provide the leadership to move our country forward. We have the ability to innovate, to bring new ideas, and to move quickly to help solve problems—in Washing- ton as we do in the private sector. We must compromise, seek consensus, and embrace mutual responsibility. And by working with Washington institutions, instead of opposing them, we can achieve a solution and build a better path to economic recovery in New England and across the country. New England is strong thanks to the companies, community leaders, and institutions that make this region great. It is through The New England Council that we focus our energy, our resources and our expertise in the interests of the national economic good. By doing so we can move faster and farther than we have ever moved before. Sincerely, John Hailer Chairman White House Chief of Staff Bill Daley and John Hailer at the Annual Spring Event in Washington, DC 5 THE NEW ENGLAND COUNCIL 2011 ADVOCACY & INITIATIVES OVERVIEW 2011 was yet another year marked by slow but steady The mounting national debt and the various proposals for economic recovery in New England. While the unem- long term solutions dominated the debate on Capitol Hill in 2011. However, the year did bring progress on several ployment rate improved incrementally over the year, important issues, including the ongoing implementation of many employers were still hesitant to bring on new health care and fi nancial services reforms, a renewed focus on employees. Businesses large and small remain very revitalizing manufacturing in the U.S., the passage of several uncertain about the future, and all eyes have been on key free trade agreements, and the beginnings of a discussion leaders in Washington as they continue to work toward of how to reform the federal tax code. long term economic stability. Through it all, The New England Council has worked closely with its members across various sectors to identify issues that affect the region and to advocate for policies that will support economic growth and foster job creation throughout New England. In addition to advocacy efforts, the Council has also offered members a variety of opportunities to educate themselves on the issues and stay abreast of the latest updates, from small group discussions with Congressional staffers, to Council-wide forums with key federal policymakers. Energy & Environment Committee co-chairs Mark Kalpin (L) of WilmerHale and Dan Weekly (R) of Dominion with FERC Commissioner Cheryl LaFleur (C) Sen. Richard Blumenthal with board member Beth Barton of Day Pitney in Hartford Sen. Scott Brown (L) and board member Matt Power (R) of Lexington Insurance during the Annual Spring Event in Washington 6 THE NEW ENGLAND COUNCIL ADVOCACY & INITIATIVES 2011 ENERGY & ENVIRONMENT Energy costs and reliability have always been critical issues Low Income Heating Assistance for New England businesses and residents alike. The New The New England Council has long supported the Low England Council’s membership includes a wide range of Income Heating Assistance Program (LIHEAP), a federally- businesses and organizations in the energy and environ- funded program administered by the U.S. Department of Health and Human Services (HHS) that assists low income ment sector including energy generators and distributors, households in meeting their energy needs.