Distinguished Performance Awards Dinner
Commitment to Business Statesmanship
November 20, 2013
Reception 6:00 – 7:00 pm e Dinner 7:00 – 9:00 pm The Waldorf Astoria Hotel 301 Park Avenue, New York City, New York Distinguished Performance Awards Recipients
Howard Schultz FKDLUPDQSUHVLGHQWDQGFKLHIH[HFXWLYHRIÀFHU Starbucks Peter G. Peterson Award for Business Statesmanship Special Introduction by: Peter G. Peterson Award presented by: The Honorable Bill Bradley
Edward B. Rust, Jr. &KDLUPDQDQG&KLHI([HFXWLYH2IÀFHU State Farm Insurance Owen B. Butler Education Excellence Award Award presented by: Harold McGraw III, McGraw Hill Financial
Kendall J. Powell &KDLUPDQDQG&KLHI([HFXWLYH2IÀFHU General Mills Corporate Citizenship Award Award presented by: Heidi Miller, JPMorgan Chase & Co. (Retired)
Daniel F. Akerson &KDLUPDQDQG&KLHI([HFXWLYH2IÀFHU General Motors Company Leadership in Diversity Award Award presented by: Kathryn Marinello, Stream Global Services
Kenneth C. Frazier &KDLUPDQ3UHVLGHQWDQG&KLHI([HFXWLYH2IÀFHU Merck Excellence in Public Policy Award Award presented by: Raymond V. Gilmartin, Merck (Retired)
Joseph E. Kasputys Chairman, Economic Ventures, Inc. Founder, IHS Global Insight Trustee Leadership Award Award presented by: Daniel Rose, Rose Associates, Inc. Welcome
Welcome to the Committee for Economic Development’s 2013 Distinguished Performance Awards Dinner. Tonight we are proud to honor six business leaders who have demonstrated exceptional leadership in their companies and across their communities. Howard Schultz of Starbucks is this year’s recipient of the Peter G. Peterson Business Statesmanship Award. Howard’s commitment to the well-being of his employees, and support for fixing both political dysfunction in Washington, and the federal budget deficit, make him incredibly deserving of this award. We are proud to recognize fellow Trustee, Edward Rust, with CED’s inaugural Owen B. Butler Education Excellence Award, established in honor of Brad Butler, former Chairman and CEO of Procter & Gamble, and former CED Chairman. The award recognizes an individual’s exceptional commitment to quality education, skills development, and workforce training programs. As former Chair of CED’s Education Policy Subcommittee, Ed is a true leader in the education world. Ken Powell is the recipient of this year’s Distinguished Performance Award for Corporate Citizenship. Among his many accolades, Ken and General Mills have made great strides in addressing the challenges facing its operating communities tied to nutrition, education, and the environment. Ken and General Mills are also strong supporters of advancing the careers of women, and workplace equality. As a champion of women in the workplace, we are pleased to honor Daniel Akerson with the 2013 Distinguished Performance Award for Leadership in Diversity. By advocating for and placing more women on corporate boards, Dan and General Motors have proactively addressed the challenges women face in corporate America. Dan and GM have also given millions in scholarship money for women and minorities to pursue degrees in STEM related fields. Kenneth Frazier is this year’s recipient of the Distinguished Performance Award for Excellence in Public Policy. Ken has made considerable impact across the policy areas of education, fiscal health, and political disclosure. And finally, we are delighted to present the Distinguished Performance Award for Trustee Leadership to Joseph Kasputys, a CED leader for nearly three decades. Among Joe’s numerous accomplishments, he founded IHS Global Insight and is currently Chairman of Economic Ventures. He has made considerable impact in the CED policy areas of Fiscal Health and Global Financial Imbalances, and served as Co-Chair of the Board from 2006-2008. On behalf of CED’s entire Board of Trustees, thank you for your continued support of both the Committee for Economic Development and these exceptional leaders.
Roger W. Ferguson, Jr. Carl T. Camden President and CEO President and CEO TIAA-CREF Kelly Services, Inc. Committee For Economic Development Reasoned solutions from business in the nation’s interest
The Committee for Economic Development (CED) is a nonprofit, nonpartisan, business-led, public policy organization that delivers well-researched analysis and reasoned solutions to our nation’s most critical issues. We are proud to highlight CED’s strong legacy of engaging leaders in public policy and look forward to recognizing the many companies and individuals who have been part of that legacy. Since its inception in 1942, CED has addressed national priorities that promote sustained economic growth and development to benefit all Americans. These activities have helped shape the future on issues ranging from the Marshall Plan in the late 1940s, to education reform in the past three decades, and campaign finance reform since 2000. CED’s research findings are coupled with multi-pronged outreach efforts throughout the country and abroad, achieving tangible impact at the local, state, and national levels. Our nation needs renewed business leadership to reach the goals that we all share, including robust economic growth, increased educational and job opportunities, and rapid productivity. We need civil dialogue to address these challenges, and we need great statesmen to lead, influence, and support the discussions. Thank you for your support of our six honorees and CED’s Distinguished Performance Awards Dinner.
Core Principles Sustainable capitalism Globally competitive workforce Long-term economic growth Equal economic opportunity (IÀFLHQWÀVFDO UHJXODWRU\SROLFLHV Non-partisanship in the nation’s Competitive & open markets interest Distinguished Performance Award Past Recipients
Peter G. Peterson Award for Business Statesmanship David M. Cote, Honeywell Ian Davis, McKinsey & Co. Jeffrey R. Immelt, General Electric Company Andrea Jung, Avon Products, Inc. $*/DÁH\3URFWHU *DPEOH&RPSDQ\ W. James McNerney, Jr., The Boeing Company Alan Mulally, Ford Motor Company Indra Nooyi, PepsiCo, Inc.
Corporate Citizenship Award Excellence in Public Policy Award +HUEHUW0$OOLVRQ-U7,$$&5() /pR$SRWKHNHU+HZOHWW3DFNDUG Donald G. Boudreau, Chase Manhattan Bank Carl T. Camden, Kelly Services, Inc. Beth A. Brooke, EY 7KH+RQRUDEOH)UDQN&&DUOXFFL 8UVXOD0%XUQV;HUR[&RUSRUDWLRQ Senator Russell Feingold Wes Bush, Northrop Grumman Corporation Dean Kamen, FIRST Raymond V. Gilmartin, Merck & Company, Inc. $PEDVVDGRU&DUOD$QGHUVRQ+LOOV (1HYLOOH,VGHOO7KH&RFD&ROD&RPSDQ\ 7KH+RQRUDEOH-DPHV%+XQW-U Verne G. Istock, First Chicago NBD Corp. %RE.HUUH\7KH&RQFRUG&RDOLWLRQ Ira A. Lipman, Guardsmark, LLC Andrew Liveris, Dow +HQU\$0F.LQQHOO3À]HU,QF Senator John McCain Samuel J. Palmisano, IBM Corporation Congressman Martin Meehan Donald J. Schuenke, Northern Telecom Peter G. Peterson, The Concord Coalition )UHGHULFN:6PLWK)HG([&RUSRUDWLRQ Hugh B. Price John F. “Jack” Smith, Jr., General Motors Warren B. Rudman, The Concord Coalition Corporation Congressman Christopher Shays William C. Weldon, Johnson & Johnson %REE\6KULYHU 352'8&7 5(' Josh S. Weston, Automatic Data Processing, Inc. Paul E. Tsongas, The Concord Coalition
Global Leadership Award Trustee Leadership Award Dr. Isaiah Frank Roy J. Bostock 'RPLQLF%DUWRQ*OREDO0DQDJLQJ'LUHFWRU0F.LQVH\ &RPSDQ\ %HWK$%URRNH*OREDO9LFH&KDLU3XEOLF3ROLF\(< &DUO7&DPGHQ3UHVLGHQWDQG&(2.HOO\6HUYLFHV,QF 'DYLG0&RWH&KDLUPDQDQG&(2+RQH\ZHOO W. Bowman Cutter, Senior Fellow and Director, Economic Policy Initiative, The Roosevelt Institute 5LFKDUG(GHOPDQ3UHVLGHQWDQG&(2(GHOPDQ 5RJHU:)HUJXVRQ-U3UHVLGHQWDQG&(27,$$&5() -HIIUH\5,PPHOW&KDLUPDQDQG&(2*( -HIIUH\$-RHUUHV&KDLUPDQDQG&(20DQSRZHU*URXS Andrea Jung, Senior Advisor, Avon Products, Inc. $QGUHZ1/LYHULV3UHVLGHQW&KDLUPDQDQG&(2'RZ ,QGUD1RR\L&KDLUPDQDQG&(23HSVL&R,QF Peter G. Peterson, Founder and Chairman, Peter G. Peterson Foundation -DPHV'5RELQVRQ,,,&R)RXQGHUDQG*HQHUDO3DUWQHU55(9HQWXUHV -DPHV(5RKU([HFXWLYH&KDLUPDQ31&)LQDQFLDO6HUYLFHV*URXS Daniel Rose, Chairman, Rose Associates, Inc. )UHGHULFN:6PLWK&KDLUPDQDQG&(2)HG([&RUSRUDWLRQ Committee for Economic Development Executive Committee Co-Chairmen Carl T. Camden Roger W. Ferguson, Jr. 3UHVLGHQWDQG&KLHI([HFXWLYH2IÀFHU 3UHVLGHQWDQG&KLHI([HFXWLYH2IÀFHU Kelly Services, Inc. 7,$$&5() President & CEO 6WHYH2GODQG Committee for Economic Development Executive Committee Beth A. Brooke 5REHUW-.XHSSHUV *OREDO9LFH&KDLU3XEOLF3ROLF\ Senior Partner EY *OREDO5HJXODWRU\ 3XEOLF3ROLF\ Deloitte LLP Michael Chesser &KDLUPDQDQG&(2 5HWLUHG William W. Lewis Great Plains Energy, Inc. Director Emeritus, McKinsey Martin Cohen *OREDO,QVWLWXWH McKinsey & Company, Inc. Managing Director and Corporate Secretary Lenny Mendonca Morgan Stanley Director McKinsey & Company, Inc. 5REHUW+&ROVRQ Partner – Institutional Acceptance 'HERUDK+LFNV0LGDQHN (Retired) &KDLUPDQDQG&(2 Grant Thornton Solon Group, Inc. W. Bowman Cutter 'HEUD3HUU\ Senior Fellow and Director, 1RQ([HFXWLYH'LUHFWRU Economic Policy Initiative Korn/Ferry International, Inc. The Roosevelt Institute Donald K. Peterson Joseph Gantz &KDLUPDQDQG&KLHI([HFXWLYH2IÀFHU 0DQDJLQJ'LUHFWRU &22 (Retired) Pine Brook Road Partners, LLC Avaya Inc. Patrick W. Gross James E. Rohr Chairman ([HFXWLYH&KDLUPDQ The Lovell Group PNC Financial Services Group, Inc. Hollis W. Hart Frederick W. Telling Head of International Franchise Management Vice President, Corporate Policy & Citi Strategic Management (Retired) Joseph E. Kasputys 3À]HU,QF Chairman, Economic Ventures, Inc., -DFRE-:RUHQNOHLQ )RXQGHU,+6*OREDO,QVLJKW &KDLPDQ &(2 5HWLUHG 863RZHU Generating Company; Partner & &R+HDGRI*OREDO3URMHFWV Akin Gump Strauss Hauer & Feld LLP 2013 Distinguished Performance Awards Dinner Sponsors Statesman Sponsors Roger W. Ferguson, Jr., Kelly Services, Inc. 7,$$&5() State Farm® Joseph E. Kasputys, )RXQGHURI,+6*OREDO Insight Leadership Sponsor ManpowerGroup Corporate Sponsors Citi McKinsey & Company Deloitte LLP Merck General Electric Company Northrop Grumman General Mills PNC Financial Services Group General Motors Company Peter G. Peterson Foundation Patrick W. Gross [The Lovell Group] Trustee Sponsors Booz Allen Hamilton McGraw Hill Financial W. Bowman Cutter Lenny Mendonca EY 'HERUDK0LGDQHN 6RORQ*URXS ([[RQ0RELO Morgan Stanley Great Plains Energy Inc. PepsiCo Foundation +XJKHV+XEEDUG 5HHG Donald K. Peterson McCann Worldgroup/IPG Daniel Rose Patron Sponsors $PHULFDQ([SUHVV JPMorgan Chase & Co. Chevron Kaiser Permanente Con Edison Promontory Financial Group, LLC & The Ludwig Family Foundation Davis Polk & Wardwell LLP S&P Capital IQ )HG([ Sony Corporation of America IHS 6WDUEXFNV Benefactor Sponsors %DUQHV 1REOH,QF McAfee Butler Snow LLP PhRMA Dow Chemical 3XEOLFLV.DSODQ7KDOHU Roderick M. Hills 6DDWFKL 6DDWFKL=HQLWK2SWLPHGLD Honeywell International Signal Hill Inc. Skadden, Arps, Slate, Meagher & Flom Korn/Ferry International //3 $IÀOLDWHV Strategic Mindshare Individual Sponsors ACT David Langstaff 0LFKDHO$UFKEROG Lear Corporation Avon Products, Inc. Bruce MacLaury Bernard C. Bailey Todd Petzel Sir Winfried Bischoff 'HEUD3HUU\ Angela Braly The Rose Foundation Michael Chesser The Segal Group &RQUDG2·%ULHQ/DZ 6WUHDP*OREDO6HUYLFHV Jacqueline Daylor TASC, Inc. William H. Donaldson Frederick W. Telling Frontier Communications Larry Thompson Joseph M. Gantz Wendell Family Foundation Raymond V. Gilmartin -DFRE:RUHQNOHLQ KPMG LLC -RKQ:LOFR[ The Kroger Co. Peter G. Peterson Award for Business Statesmanship Howard Schultz FKDLUPDQSUHVLGHQWDQGFKLHIH[HFXWLYHRIÀFHU Starbucks CED is proud to honor Howard Schultz, chairman, president DQGFKLHIH[HFXWLYHRIÀFHURI6WDUEXFNV&RIIHH&RPSDQ\ with the 2013 Peter G. Peterson Business Statesmanship Award for his strong support of environmental stewardship, investing in people and communities, and creating a strong FXOWXUHLQZKLFKSXUSRVHDQGSURÀWJRKDQGLQKDQG The Business Statesmanship AwardZDVHVWDEOLVKHGLQ honor of Peter G. Peterson, and it recognizes corporate H[HFXWLYHVZKRFKDPSLRQLVVXHVLQWKHLQWHUHVWRIWKH SXEOLFJRRGDERYHWKHLUFRPSDQ\RUSHUVRQDOLQWHUHVWVDQGZKRPHHWWKHKLJKHVW standards of ethics and integrity. +RZDUG·VYLVLRQIRU6WDUEXFNVEHJDQLQ DVGLUHFWRURIRSHUDWLRQVDQG PDUNHWLQJZKHQ6WDUEXFNVKDGMXVWIRXUVWRUHV$IWHUYLVLWLQJ,WDO\LQ +RZDUGOHIW6WDUEXFNVWRVWDUWKLVRZQFRIIHHFRPSDQ\FDOOHG,O*LRUQDOH,Q $XJXVW KHSXUFKDVHG6WDUEXFNVZLWKWKHKHOSRIORFDOLQYHVWRUVDQGWRGD\WKH FRPSDQ\KDVQHDUO\ JOREDOFRIIHHVKRSV $VSDUWRIKLVOHJDF\LQEXLOGLQJWKH6WDUEXFNVEUDQGDQGFRPSDQ\+RZDUG FUHDWHGWZRODQGPDUNHPSOR\HHEHQHÀWSURJUDPVLQFOXGLQJFRPSUHKHQVLYHKHDOWK FRYHUDJHIRUSDUWWLPHHPSOR\HHVDQGHTXLW\LQWKHFRPSDQ\LQWKHIRUPRIVWRFN options. +RZDUGKDVDOVREHHQVXSSRUWLYHRI&('·VSROLF\SURJUDPVWRÀ[SROLWLFDO G\VIXQFWLRQLQ:DVKLQJWRQDQGÀQGLQJUHDVRQHGVROXWLRQVWRWKHIHGHUDOEXGJHW GHÀFLW CED commends Howard Schultz for his dedicated leadership as a true Business Statesman as we present him with the 2013 Peter G. Peterson Business Statesmanship Award. Owen B. Butler Education Excellence Award Edward B. Rust, Jr. Chairman and CEO State Farm Insurance &('LVSOHDVHGWRSUHVHQW(G5XVW&KDLUPDQDQG&(2RI State Farm Insurance, with the inaugural Owen B. Butler Education Excellence Award. 7KLV$ZDUGZDVHVWDEOLVKHGLQLQKRQRURI%UDG %XWOHUIRUPHU&KDLUPDQDQG&(2RI3URFWHU *DPEOH DQGUHFRJQL]HVDQLQGLYLGXDO·VH[FHSWLRQDOFRPPLWPHQW to quality education, skills development, and workforce development programs. 6WDWH)DUPLVQDWLRQDOO\UHFRJQL]HGDVDOHDGHURISXEOLF private partnerships to improve the quality of education in the United States. (G·VRZQSHUVRQDOGHGLFDWLRQWRSURPRWLQJHGXFDWLRQDOH[FHOOHQFHDQGZRUNIRUFH development has made a real difference in advancing the national education reform movement, as well as within State Farm’s industry and in the states where they operate. Among his many other distinct education leadership honors, Ed serves on the ERDUGVRI$PHULFD·V3URPLVH$OOLDQFHDQGWKH-DPHV%+XQW-U,QVWLWXWHIRU (GXFDWLRQDO/HDGHUVKLSLVIRUPHUFKDLUPDQRIWKH%XVLQHVV+LJKHU(GXFDWLRQ )RUXPDQGWKH%XVLQHVV5RXQGWDEOH·V(GXFDWLRQ,QLWLDWLYHDQGKDVVHUYHGRQWKH National (Glenn) Commission on Mathematics and Science Teaching for the 21st Century and on the No Child Left Behind Commission. :HDUHSURXGWRFRXQW(GDVDORQJVWDQGLQJ7UXVWHHRI&('DQGIRUPHU&KDLURI RXU(GXFDWLRQ3ROLF\6XEFRPPLWWHH:LWK(G·VOHDGHUVKLSDQGHQJDJHPHQWRIKLV FROOHDJXHVDW6WDWH)DUP&('KDVOHGJURXQGEUHDNLQJVWXGLHVRQ.VWDQGDUGV and assessments, teacher quality, and improving innovation and performance of SRVWVHFRQGDU\HGXFDWLRQLQVWLWXWLRQV (G·VFRQWULEXWLRQVWR&('·VSROLF\ZRUNKDVEHHQVWHOODUDQGZHDUHSURXGWR present him with this inaugural Owen B. Butler Education Excellence Award. Distinguished Performance Award for Corporate Citizenship Kendall J. Powell Chairman and CEO General Mills CED is pleased to recognize General Mills, under the OHDGHUVKLSRI.HQ3RZHOOIRULWVORQJVWDQGLQJGHGLFDWLRQ WRVWUHQJWKHQLQJFRPPXQLWLHVE\IRVWHULQJSXEOLFSULYDWH partnerships; helping children lead healthy, active lifestyles; working to end hunger; and improving nutrition. The 2013 Corporate Citizenship Award is presented annually to a company that demonstrates a strong FRPPLWPHQWWRFRUSRUDWHUHVSRQVLELOLW\SUDFWLFHVDQGZKRVH OHDGHUVDUHDFWLYHO\HQJDJHGLQVXSSRUWLQJDQGH[SDQGLQJ those efforts. The award highlights companies that integrate relevant societal FRQFHUQVLQWRWKHLUFRUHRSHUDWLQJVWUDWHJLHVHPEUDFLQJWKHPDVEHQHÀFLDOIRU EXVLQHVVHVFXVWRPHUVHPSOR\HHVDQGWKHLUFRPPXQLWLHV &('LVSURXGWRUHFRJQL]HWKHH[FHSWLRQDOOHDGHUVKLS.HQSURYLGHVWR*HQHUDO 0LOOV·FRUSRUDWHVRFLDOUHVSRQVLELOLW\SURJUDPV.HQMRLQHG*HQHUDO0LOOVLQ DQGZDVQDPHGSUHVLGHQWRI*HQHUDO0LOOV%LJ*FHUHDOGLYLVLRQLQ ,QKLV LPSUHVVLYH\HDUFDUHHUKHZDVHOHFWHGSUHVLGHQWDQG&22LQQDPHG&(2 LQDQGDSSRLQWHG&KDLUPDQLQ CED applauds the strong commitment General Mills has made to addressing the challenges facing its operating communities tied to nutrition, education and the HQYLURQPHQW7KHFRPSDQ\DOVRKDVPDGHH[WHQVLYHHIIRUWVWRIRVWHUWKHFDUHHU growth of women, support equality in the workplace and create a multicultural ZRUNIRUFHWKDWUHÁHFWVWKHGHPRJUDSKLFVRILWVFXVWRPHUV7KLVZRUNDOLJQV QDWXUDOO\ZLWK&('·VHIIRUWVWRSODFHPRUHTXDOLÀHGZRPHQRQFRUSRUDWHERDUGV CED is pleased to present Ken Powell and General Mills with the 2013 Corporate Citizenship Award. Distinguished Performance Award for Leadership in Diversity Daniel F. Akerson Chairman and CEO General Motors Company CED is proud to recognize Dan Akerson as the recipient of its 2013 Leadership in Diversity Award for his support and encouragement of women within General Motors. 7KLVDZDUGZDVUHFHQWO\HVWDEOLVKHGWRKRQRUH[FHSWLRQDO companies and individuals who are leading programs that foster workplace diversity and champion underrepresented groups, including supporting women and their advancement across the full spectrum of private enterprise. Dan’s commitment to addressing the challenges women face rising through the ranks, dedication to diversity, and recognition of the strong LPSDFWZRPHQOHDGHUVKDYHRQJOREDOFRPSHWLWLYHQHVVSDUWLFXODUO\WKURXJK FRUSRUDWH%RDUGVLVWUXO\UHPDUNDEOH&('LVLQVSLUHGE\'DQDQGLVSOHDVHGWR SURYLGHWKLVZHOOGHVHUYHGUHFRJQLWLRQ At General Motors, Dan is deeply committed to improving the quality of life in communities across the U.S. through philanthropic efforts focused mainly in the areas of education, health and human services, community development, and the environment. With a special emphasis on educating tomorrow’s leaders and innovators, the General Motors Foundation alone over the last year has provided an estimated $20 million to fund education initiatives, including the national Buick Achievers Scholarship Program, which places a special emphasis on helping women and minorities receive a quality secondary education focused on science, technology, engineering and math. 7KH$ZDUGDOLJQVZLWK&('·VRQJRLQJSURMHFWDGGUHVVLQJZRPHQ·VHFRQRPLF HPSRZHUPHQW7KHZRUN&('LVOHDGLQJRQGLYHUVLW\ZRPHQRQFRUSRUDWHERDUGV DQGERRVWLQJFRPSHWLWLYHQHVVSUHVHQWVDQRSSRUWXQLW\WRKLJKOLJKWOHDGHUVKLSLQ WKHVHÀHOGV'DQKDVEHHQDSURXGVXSSRUWHURIWKLVZRUNDQGIRUPDOO\HQGRUVHG &('·VUHFRPPHQGDWLRQVIRUDGYDQFLQJZRPHQRQFRUSRUDWHERDUGV &('LVSURXGWRFRXQW*HQHUDO0RWRUVDVDORQJVWDQGLQJSDUWQHUDQGWRKRQRU'DQ Akerson tonight with our 2013 Leadership in Diversity Award. Distinguished Performance Award for Excellence in Public Policy Kenneth C. Frazier Chairman, President and CEO Merck CED is proud to honor Ken Frazier and Merck as the KLJKO\GHVHUYLQJUHFLSLHQWVRIWKHExcellence in Public Policy Award for their inspiring leadership in three distinct areas— education and the Merck Institute for Science Education; political disclosure and efforts to strengthen DFFRXQWDELOLW\SUDFWLFHV DQGÀVFDOUHVSRQVLELOLW\DQG FRPPLWPHQWWRSROLFLHVWKDWFKDPSLRQÀVFDOKHDOWKDQG UHVSRQVLELOLW\ The Excellence in Public Policy Award honors individuals DQGWKHLUFRPSDQLHVLQWKHSULYDWHRUSXEOLFVHFWRUZKRDUHGHGLFDWHGWRSXEOLF SROLF\LQWKHQDWLRQ·VEHVWORQJWHUPLQWHUHVWV7KHDZDUGUHFRJQL]HVOHDGHUVZKR DGYRFDWHSROLFLHVWKDWDGGUHVVVRFLHW\·VNH\FRQFHUQVLQFOXGLQJORQJWHUPHFRQRPLF JURZWKHGXFDWLRQDOH[FHOOHQFHHQYLURQPHQWDOVXVWDLQDELOLW\JRRGFRUSRUDWH governance, and competitiveness. 7KLVDZDUGHQFRXUDJHVFXUUHQWDQGQH[WJHQHUDWLRQFRUSRUDWHH[HFXWLYHVWRIROORZ WKHH[DPSOHVRILWVKRQRUHHVDQGWDNHDPRUHDFWLYHUROHLQSROLF\GHOLEHUDWLRQV ,QDGGLWLRQWRVHUYLQJDV&KDLUPDQRIWKH%RDUG3UHVLGHQWDQG&KLHI([HFXWLYH 2IÀFHRI0HUFN.HQVLWVRQWKHERDUGVRI3K50$:HLOO&RUQHOO0HGLFDO &ROOHJHDQG*UDGXDWH6FKRRORI0HGLFDO6FLHQFHV([[RQ0RELO&RUSRUDWLRQ The Pennsylvania State University and Cornerstone Christian Academy in 3KLODGHOSKLD3$+HDOVRLVDPHPEHURIWKH$PHULFDQ$FDGHP\RI$UWVDQG 6FLHQFHVWKH3UHVLGHQW·V([SRUW&RXQFLO7KH%XVLQHVV&RXQFLOWKH&RXQFLORIWKH American Law Institute and the American Bar Association. CED proudly awards Kenneth C. Frazier with the 2013 Excellence in Public Policy Award. Distinguished Performance Award for Trustee Leadership Joseph E. Kasputys Chairman, Economic Ventures, Inc. Founder, IHS Global Insight CED is proud to present Dr. Joseph Kasputys with the 2013 Trustee Leadership Award, which recognizes an individual’s H[FHSWLRQDOVHUYLFHRQ&('·V%RDUGRI7UXVWHHVDQGWKH VSHFLDOFRQWULEXWLRQVPDGHWRRXUSROLF\UHVHDUFKRXWUHDFK programs, and overall governance. -RHKDVVHUYHG&('IRUQHDUO\WKUHHGHFDGHVDQGZDV&R &KDLURIWKH%RDUGIURPWR+LVPDQ\\HDUVRI dedication to CED have advanced several key programs LQFOXGLQJRXU)LVFDO+HDOWKDQG*OREDO)LQDQFLDO,PEDODQFHV 6XEFRPPLWWHHVERWKRIZKLFKKHFRFKDLUHG-RHKDVDOVRSURYLGHGVWURQJJXLGDQFH DQGJRYHUQDQFHWKURXJKRXU0HPEHUVKLS 1RPLQDWLQJ6WUDWHJLF3ODQQLQJDQG ([HFXWLYH&RPPLWWHHV -RHEULQJVH[WHQVLYHH[SHULHQFHDQGH[SHUWLVHIURPVHYHUDOPDMRUSXEOLF FRUSRUDWLRQVXQWLOLQKHIRXQGHG*OREDO,QVLJKW QRZ,+6*OREDO,QVLJKW D SUHPLHUHFRQRPLFDQGÀQDQFLDODQDO\VLVIRUHFDVWLQJÀUP:LWKQRWHGHFRQRPLVW'U Allen Sinai, he also founded Decision Economics. ,QDGGLWLRQIURP WR -RHVHUYHGLQWKH86'HSDUWPHQWRI&RPPHUFH rising to the position of Assistant Secretary. He was Deputy Director of the :KLWH+RXVHWDVNIRUFHIRUPHGWRGHDOZLWKWKH$UDERLOHPEDUJRLQ DQG participated in the forming of the U.S. Department of Energy. +HKDVEHHQDQLQWHJUDOSDUWRI&('·VVWUDWHJLFWKLQNLQJDQGDQH[HPSODU\ DPEDVVDGRURI&('·VZRUNWRHOHFWHGRIÀFLDOVDQGWKHEXVLQHVVFRPPXQLW\ +LVH[WHQVLYHH[SHULHQFHLQHFRQRPLFLQIRUPDWLRQDQDO\VLVDQGIRUHFDVWLQJKDV FRQWULEXWHGWRPDQ\DVSHFWVRI&('·VFRUHSURJUDPVRYHUWKH\HDUV CED is pleased to count Joe Kasputys as a good friend and leader of the organization, and we are very proud to present him with our 2013 Trustee Leadership Award. to those in the business of doing good: THANK YOU Kelly Services® is proud to support the Committee for Economic Development and congratulates this year’s outstanding award recipients. We applaud your unparalleled, daily commitment to bettering your communities. An Equal Opportunity Employer © 2013 Kelly Services, Inc. Y1376 kellyservices.com Raise the bar on education … raise so much more. Thank you, Ed, for your commitment to making a quality education and successful future available to every child. Congratulations on receiving the Owen B. Butler Education Excellence Award. ® PAVING THE WAY FOR TOMORROW’S LEADERS At General Motors, we provide current and future employees with an opportunity to lead. It makes for better business and a better world. We salute the Committee for Economic Development for its long-standing commitment to an inclusive workplace. gm.com ©2013 General Motors. All rights reserved. MEDICAL BREAKTHROUGHS MAY COME OUT OF THE LAB. BUT THEY BEGIN IN THE HEART. For more than 150 years, a very special passion has driven the people of Merck. Our goal is to develop medicines, vaccines, consumer care and animal health innovations that will improve the lives of millions. Still, we know there is much more to be done. And we’re doing it, with a long-standing commitment to research and development. We’re just as committed to expanding access to healthcare and working with others who share our passion to create a healthier world. Together, we’ll meet that challenge. With all our heart. For more information about getting Merck medicines and vaccines for free, visit merckhelps.com or call 800-727-5400. Copyright © 2012 Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc. All Rights Reserved. CORP-1060080-0002 12/12 Advancing Decisions that Advance the World IHS is the leading information company with comprehensive content, insight and expertise in key areas shaping today’s global business landscape: energy, economics, geopolitical risk, sustainability and supply chain management. Businesses and governments around the world use our products and solutions to make faster and more confident decisions. IHS is a proud sponsor of the Center of Economic Development’s Distinguished Performance Awards Dinner. www.ihs.com 3786_1013TB t Joseph Kasputys congratulates 2013 Distinguished Performance Awards Honorees and the Leadership of CED HARNESSING THE WINDS OF CHANGE IS HUMANLY POSSIBLE At ManpowerGroup,™ we are proud to support the Committee for Economic Development in their commitment to business statesmanship. Our collective efforts are having a positive impact on the issues facing society today. We congratulate all the 2013 honorees on receiving the Distinguished Performance Award and thank them for their exceptional leadership. ® ® © 2013 ManpowerGroup. All rights reserved. ManpowerGroup™ Solutions | Experis™ | Manpower | Right Management © 2013 Citigroup Inc. Citi and with Arc Design are registered service marks of Citigroup Inc. Citi congratulates the Committee for Economic Development and tonight’s Distinguished Performance Award winners. For over 200 years, around the world, Citi’s job has been to believe in people and their ideas. LOOK CLOSELY. BECAUSE THESE ARE THE PROGRESS MAKERS. citi.com/progress Making a strong impact. Deloitte is proud to support the work of the Committee for Economic Development. Congratulations to the Distinguished Performance Award 2013 Honorees: Howard Schultz Edward B. Rust, Jr. Kendall J. Powell Daniel F. Akerson Kenneth C. Frazier Joseph E. Kasputys www.corSgov.deloitte.com www.deloitte.com As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Copyright © 2013 Deloitte Development LLC. All rights reserved. Member for Deloitte Touche Tohmatsu Limited GE congratulates all of tonight’s distinguished award recipients. Join us in honoring Howard Schultz, Edward B. Rust, Jr., Kendall J. Powell, Daniel F. Akerson, Kenneth C. Frazier, and Joseph E. Kasputys. THE VALUE OF APPLAUDING YOUR ACHIEVEMENTS. Northrop Grumman proudly applauds the Committee for Economic Development for recognizing those business and community leaders helping to keep our nation strong. THE VALUE OF PERFORMANCE. ©2013 Northrop Grumman Corporation Northrop ©2013 www.northropgrumman.com The Peter G. Peterson Foundation is proud to support the Committee for Economic Development. We salute all of this year’s award winners. The Peter G. Peterson Foundation is devoted to increasing public awareness of the nature and urgency of key fi scal challenges threatening America’s future and accelerating action on them. To learn more, visit PGPF.org. for driving change. A lot of hard work. And a lot of respect. PNC believes in and honors doers, like the Committee for Economic Development and tonight’s honorees. Congratulations. pnc.com ©2013 The PNC Financial Services Group, Inc. All rights reserved. PNC Bank, National Association. Member FDIC Congratulations Howard Schultz Peter G. Peterson Business Statesmanship Award Edward B. Rust, Jr. Owen B. Butler Education Excellence Award Kendall J. Powell Corporate Citizenship Award Daniel F. Akerson Leadership in Diversity Award Kenneth C. Frazier Excellence in Public Policy Award Joseph E. Kasputys Trustee Leadership Award The desire to excel, combined with the right support network, leads to success. Booz Allen Hamilton is proud to recognize the Committee for Economic Development’s Distinguished Performance Award winners. We applaud your leadership and commitment to serving the business community. www.boozallen.com © 2013 Ernst & Young LLP. All Rights Reserved. ED 06/14. Trustee Leadership Award Founder, Chairman, Joseph E.Kasputys Excellence inPublicPolicy Award Merck &Co., Inc. ;`a]^=p][mlan]G^Õ[]j Chairman of theBoard, President, and Kenneth C.Frazier Leadership inDiversity Award General Motors Company ;`YajeYfYf\;`a]^=p][mlan]G^Õ[]j Daniel F. Akerson Corporate Citizenship Award General Mills ;`YajeYfYf\;`a]^=p][mlan]G^Õ[]j Kendall J. Powell Excellence Award Owen B. Butler Education State Farm Insurance Companies ;`YajeYfYf\;`a]^=p][mlan]G^Õ[]j Edward B. Rust, Jr. Statesmanship Award Peter G. Peterson Business Starbucks ;`a]^=p][mlan]G^Õ[]j Chairman, President, and Howard Schultz recipients: congratulate thisyear’s award for Economic Development and EY isproud to salute theCommittee IHS Global Insight China Monitor, Inc. Business is about more than just business. IPG salutes this year’s CED Distinguished Performance Award winners for ensuring that diversity, sustainability, and the betterment of our communities is part of their business. THANKS FOR REVEALING THE TRUTH ABOUT BUSINESS Congratulations to our clients, Daniel F. Akerson, Kenneth C. Frazier, and Kendall J. Powell, and to all the honorees of the Committee for Economic Development Distinguished Performance Awards, for demonstrating every day how business can be a powerful force for good in our society. TRUTH WELL TOLD 1912 McGraw Hill Financial proudly congratulates our distinguished Board member, Edward B. Rust, Jr., A leading advocate of education reform, and recipient of the Committee for Economic Development Inaugural Owen B. Butler Education Excellence Award The PepsiCo Foundation is proud to support the Committee for Economic Development and the strong legacy of engaging corporate leaders in public policy deliberations on critical economic and social issues. Congratulations to all of tonight’s Distinguished Performance Award recipients. CELEBRATES THE COMMITTEE FOR ECONOMIC DEVELOPMENT AND CONGRATULATES ALL OF TONIGHT’S HONOREES We proudly support the Committee for Economic Development and congratulate its 2013 Distinguished Performance Awards honorees. Davis Polk is pleased to join CED in honoring Howard Schultz, Kenneth C. Frazier, Kendall J. Powell, Daniel F. Akerson, Edward B. Rust, Jr. and Joseph E. Kasputys. New York Paris Menlo Park Madrid Washington DC Tokyo São Paulo Beijing London Hong Kong davispolk.com © 2013 Davis Polk & Wardwell LLP award winners onajobwelldone. honored tocongratulatethe CED an inspirationtousall.FedEx is Your hardworkanddedicationis ATTITUDEGRATITUDE ©2013 FedEx.Allrights reserved. Building the future means doing one thing every day — surpassing expectations. JPMorgan Chase & Co. proudly supports the CED Distinguished Performance Awards Dinner. Congratulations to the 2013 honorees. ©2013 JPMorgan Chase ©2013 JPMorgan & Co. A CRITICAL BALANCE For every well-run company, striking the right balance between risk and reward is always critical. Today, unprecedented regulatory changes and obligations make doing so more challenging than ever before. We are proud to support CED and congratulate all of the 2013 Distinguished Performance Awards honorees whose vision and leadership strengthen our economy. promontory.com S&P Capital IQ combines two of our strongest brands—S&P, with its long history and experience in the financial markets and Capital IQ, which is known among professionals globally for its accurate financial information For more and powerful analytical tools. information, please visit www.spcapitaliq.com. S&P Capital IQ provides multi-asset class The analyses, including ratings, of Standard & Poor’s and its affiliates are statements of opinion as of the data, research and analytics to institutional date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any investors, investment advisors and wealth securities or make any investment decisions. Us- ers of ratings or other analyses should not rely on managers around the world. We offer a broad them in making any investment decision. Standard & Poor’s opinions and analyses do not address the suite of capabilities designed to help track suitability of any security. Standard & Poor’s does performance, generate alpha, identify new not act as a fiduciary or an investment advisor ex- cept where registered as such. trading and investment ideas, and perform risk Copyright © 2013 by Standard & Poor’s Financial analysis and mitigation strategies. Services LLC (S&P), a part of McGraw-Hill Financial, Inc. All rights reserved. STANDARD & POOR’S and S&P are registered trademarks of Standard & Poor’s Financial Services LLC. CAPITAL IQ is a registered trademark of Capital IQ. Sony Corporation of America is proud to support the Committee for Economic Development and congratulates all of this year’s honorees. BARNES & NOBLE salutes The Committee for Economic Development and honors 2013 Peter G. Peterson Business Statesmanship Award Winner HOWARD SCHULTZ Chairman, President & Chief Executive Officer Starbucks Korn/Ferry proudly supports the Committee for Economic Development and congratulates this year’s Distinguished Performance Award honorees. build design attract www.kornferry.com Nels B. Olson, Vice Chairman and Co-Leader, Board & CEO Services ££Ç£äÊ*>â>ÊiÀV>Ê ÀÛiÊÊUÊÊ-ÕÌiÊ{xäÊÊUÊÊ,iÃÌ]Ê6ÊÓä£äÊÊUÊÊÇäήÊÇÈ£ÊÇäÓä SECURING YOUR WORLD TO TACKLE BIG ISSUES. McAfee congratulates the CED honorees who are committed to finding solutions that improve this world we live in. We salute their spirit because we’re similarly driven. At McAfee, we live and breathe digital security. Our job is to stay one step ahead of the bad guys, so good guys like you can prevail. ©2013 McAfee, Inc. All rights reserved. www.mcafee.com/safe Here’s to a man with real character. Congratulations on your Corporate Citizenship Award, Ken. From all your friends at Saatchi. Skadden, Arps, Slate, Meagher & Flom LLP Skadden is proud to support CED’s 2013 Distinguished Performance Awards Dinner and congratulates this year’s award winners Daniel F. Akerson Kenneth C. Frazier Dr. Joseph E. Kasputys Kendall J. Powell Edward B. Rust, Jr. Howard Schultz Beijing | Boston | Brussels | Chicago | Frankfurt | Hong Kong | Houston | London Los Angeles | Moscow | Munich | New York | Palo Alto | Paris | São Paulo | Shanghai Singapore | Sydney | Tokyo | Toronto | Washington, D.C. | Wilmington 6LJQDO+LOO&RQJUDWXODWHVRXU 'LUHFWRU&OLHQWDQG)ULHQG -RVHSK(.DVSXW\V Recipient of CED’s 2013 Trustee Leadership Award Signal Hill also recognizes tonight’s other distinguished honorees: Daniel F. Akerson Kenneth C. Frazier Kendall J. Powell Edward B. Rust, Jr. Howard Schultz Delivering industry focus, deep insight, senior-level relationships and a proven methodology to guide our clients to Greater Outcomes® Talent has no boundaries There is a place where ambitions are limitless. Where every professional can leverage their unique skills to realize their goals. It’s KPMG LLP. Where success can be achieved by all. KPMG is proud to sponsor CED’s 2013 Fall Policy Conference and Awards Dinner. Congratulations to all of our distinguished honorees. kpmgcareers.com © 2013 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Printed in U.S.A. The KPMG name, logo and “cutting through complexity” are registered trademarks or trademarks of KPMG International. NDPPS 224426 Gladie and Ray Gilmartin congratulate Ken Frazier, Excellence in Public Policy Award winner, and all of the 2013 Distinguished Performance Awards honorees At Stream Global Services, we’re incredibly proud to support the passion of the Committee for Economic Development and we honor Daniel F. Akerson, recipient of this year’s Leadership in Diversity Award. He is a relentless champion for leadership in gender diversity advancement and opportunities all the way from the showroom to the boardroom. Congratulations to all of the Distinguished Performance Award Honorees: Howard Schultz, Chairman, President & Chief Executive Officer, Starbucks Edward B. Rust, Jr., Chairman & Chief Executive Officer, State Farm Insurance Kendall J. Powell, Chairman & Chief Executive Officer, General Mills Daniel F. Akerson, Chairman & Chief Executive Officer, General Motors Company Kenneth C. Frazier, Chairman of the Board, President & Chief Executive Officer, Merck Joseph E. Kasputys, Chairman, China Monitor, Inc.; Founder, IHS Global Insight Stream Global Services is a global provider of business process outsourcing specializing in sales, customer care and technical support primarily for Fortune 1000 companies. www.stream.com Caring People…Building Businesses. Building Careers. e Howard Schultz Edward B. Rust, Jr. CED congratulates Kendall J. the 2013 Daniel F. Powell Distinguished Akerson Performance Awardees Kenneth C. Frazier Joseph E. Kasputys CED Thanks Its 2013 Supporters Ackman Management Davis Polk & Insigniam S. Lawrence Prendergast LLC Wardwell LLP The J.M. Smucker Promontory Financial ACT Jacqueline Daylor Company Group, LLC & The $LUEXV$PHULFDV,QF Deloitte LLP John D. and Catherine Ludwig Family Foundation Alliance for Early Dow Chemical T. MacArthur Foundation Prudential Financial Success Kenneth Dam Johnson & Johnson 3XEOLFLV.DSODQ7KDOHU American Asset Linda Distlerath Corporation 5REHUW-RVV Quaker Chemical William H. Donaldson American Electric Power Joseph Kasputys, Corporation Duer Carolina Coil, Inc. Company )RXQGHURI,+6*OREDO Rockefeller Brothers Duke University $PHULFDQ([SUHVV Insight Fund T. J. Dunphy 0LFKDHO$UFKEROG JPMorgan Chase & Co. 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