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In Appreciation of the Economic Club of Washington, DC Sponsors The ECONOMIC CLUB of WA SH I NGTON, D.C. THE PREMIER FORUM FOR LEADERS ANNUAL REPORT 2014–2015 28360_ECW_AR_2015.indd 1 8/13/15 9:06 AM 28360_ECW_AR_2015.indd 2 8/13/15 9:06 AM The ECONOMIC CLUB of WA SH I NGTON, D.C. THE PREMIER FORUM FOR LEADERS ANNUAL REPORT 2014–2015 28360_ECW_AR_2015.indd 1 8/13/15 9:06 AM MESSAGE from the PRESIDENT he 28th season of the Economic Electric, and IBM. Three distinguished Two Executive Conversations in the T Club of Washington was a record- journalists joined us in November for a 28th season also centered on global breaking one. For the first time, the day-after breakdown of the results of the issues. Devry Boughner Vorwerk, Vice Club hosted 12 Signature Events, three 2014 midterm elections. Excerpts of the President of Corporate Affairs, Cargill, of them over eight days in March. More insights these speakers shared with us Incorporated, and Chair of the U.S. than 1,000 members and their guests are included in the following pages. Agriculture Coalition for Cuba, discussed attended those three events. We also economic opportunities that will be hosted 10 Executive Conversations Among other achievements over the 2014- available to U.S. businesses as a result over the course of the season. And, the 2015 season was the progress of our Global of normalizing relationships between Economic Club passed the 700 mark Initiative which has now been integrated the United States and Cuba. Ambassador of business and nonprofit organization into the Economic Club’s regular program Stuart Holliday, President and CEO of executives who are now members. activities. During the year, a focus of this Meridian International Center, hosted initiative was to expand relationships with an Executive Conversation during As usual, featured speakers at our Signature ambassadors to the United States so that which he and Jon Clifton, Managing Events were a mix of government officials they think first of the Economic Club when Director of the Gallup World Poll, and CEOs of multinational corporations. their embassies are seeking speaking provided an advance preview of the We hosted four government officials: the opportunities for government officials report of the U.S.-Global Leadership Mayor of Washington, D.C., the Director and business leaders from their countries Project, a comprehensive assessment of the Office of Management and Budget who are coming to the United States. on global views of world leaders. (OMB), the Director of the National Meetings were held with the ambassadors Economic Council (NEC) and Assistant to for Germany, India, and Canada and top Looking ahead, one Signature Event with the President for Economic Policy, and the level officials at the Mexican embassy. an international focus already has been Director of the National Institutes of Health Additionally, efforts to increase the scheduled for next season. Dr. Dieter (NIH). Business executives who accepted attendance of ambassadors were expanded. Zetsche, Chairman of the Board of our invitations to speak were Donald J. As a result, a total of 15 ambassadors Management of Daimler AG and Head Trump, Michael Milken, and the CEOs of attended various Signature and special of Mercedes-Benz Cars Division, will Dell Inc., Exelon, Exxon Mobil, General events during the 2014-2015 season. be a featured guest in November 2015. 2 THE ECONOMIC CLUB OF WASHINGTON, D.C. | THE PREMIER FORUM FOR LEADERS 28360_ECW_AR_2015.indd 2 8/13/15 9:06 AM During the year, a focus of our Global Initiative was to expand relationships with ambassadors to the United States so that they think first of the Economic Club when their embassies are seeking speaking opportunities for government officials and business leaders from their countries who are coming to the United States. The Economic Club’s Education Initiatives were further enhanced in the 28th season with the launch of a paid internship program. Through this program, 25 rising juniors and seniors in college who are past recipients of the David M. Rubenstein/Economic Club scholarships gained work experience over the summer and earned money to help with their continuing education. We look forward to building on this landmark year in our 29th season. We welcome your participation and are eagerly anticipating the new knowledge and insight Economic Club members will gain from the global leaders who will be our featured guests for Signature Events and Executive Conversations. Sincerely, The Ambassadors of Finland, the Principality of Liechtenstein, and Austria DAVID M. RUBENSTEIN | PRESIDENT ANNUAL REPORT 2014–2015 3 28360_ECW_AR_2015.indd 3 8/13/15 9:06 AM The ECONOMIC CLUB of WA SH I NGTON, D.C . reeminent global leaders in business, the world who regularly attend the Club’s the People’s Republic of China, Denmark, P government, finance, and economics Signature events to interact with Economic Finland, Germany, Italy, the Principality consider The Economic Club of Washington, Club members, guests, and featured of Liechtenstein, Malaysia, The Royal D.C. to be the premier forum in the United speakers. Ambassadors who were guests Netherlands, the Philippines, The Russian States. Since its founding in 1986 as a during the 2014-2015 season represented Federation, Singapore, Switzerland, and nonprofit, nonpartisan organization, the the countries of Argentina, Austria, Canada, the Organization of American States. Economic Club has served as a global interface among the world’s governments and international businesses. Congresswoman Debbie Dingell (D-MI), Economic Club President David M. Rubenstein, and Congresswoman Nita M. Lowey (D-NY) With more than 700 members who are top-level executives of major corporations, heads of some of the largest business and trade organizations in the United States, managing partners of major law, accounting, and consulting practices; former members of Congress, presidents of pre-eminent academic institutions, and leaders of national nonprofit organizations, the Economic Club offers a sophisticated audience with whom to share information about complex and critical public policy issues of the day. This audience is augmented by members of Congress, other U.S. political leaders, and serving Ambassadors from countries all over 4 THE ECONOMIC CLUB OF WASHINGTON, D.C. | THE PREMIER FORUM FOR LEADERS 28360_ECW_AR_2015.indd 4 8/13/15 9:06 AM Economic Club members David B. Pollin, Co-Founder and President, The Buccini/Pollin Group, and Linda D. Rabbitt, Chairman and CEO, Rand Construction Corporation The impact of speaking at an Economic Bloomberg News, Thomson Reuters, that draw the D.C. metropolitan region’s Club Signature event is amplified by Market News International, National business community closer together and the global media coverage that results Journal, The Hill, Congressional Quarterly, provide opportunities for area business from an appearance. Most events POLITICO and The Washington Times. leaders to share information and learn from are covered by several national and each other about unique industry trends. The list of speakers who have addressed international television outlets, global The Club also is committed to giving back the Club over the past 28 years includes news services, web-based publications, to the greater community in which our a President of the United States, a former foreign press, and major national members live and work. Members actively Prime Minister of the United Kingdom, the reporters and photographers. Over support education initiatives that annually Speaker of the House of Representatives, this past season, C-SPAN opted for live award $30,000 in doctoral candidate chairs of the Federal Reserve Board, broadcasting of three events. Other TV fellowships. The David M. Rubenstein/ every Secretary of the Treasury since outlets that covered events included ABC, Economic Club of Washington, D.C. 1986, other Cabinet members and federal Bloomberg, CNBC, CNN, FOX Business, Scholarship Program presents nearly government officials, members of Congress, NBC, NHK (Japan Broadcasting) and $500,000 each year in college scholarships leaders of Fortune 100 corporations, Voice of America. Print media coverage to seniors graduating from Washington, and heads of multi-national companies The D.C., public schools. The scholarship throughout the season came from headquartered in other countries. Washington Post, The Financial Times, program is supported with mentoring Dow Jones/The Wall Street Journal, In addition to the Signature Events, the and paid internship programs provided The New York Times, Chicago Tribune, Economic Club sponsors other programs by the Club for scholarship recipients. ANNUAL REPORT 2014–2015 5 28360_ECW_AR_2015.indd 5 8/13/15 9:06 AM OFFICERS* PRESIDENT VICE PRESIDENTS – MEMBERSHIP VICE PRESIDENT – AUDIT David M. Rubenstein CO-CHAIR Gary H. Tabach Co-Founder and Co-CEO Christopher G. Caine Managing Partner, The Carlyle Group President & CEO Greater Washington Mercator XXI, LLC Deloitte & Touche LLP VICE PRESIDENT CO-CHAIR Carol A. Melton David Geanacopoulos SECRETARY Executive Vice President, Executive Vice President Stuart L. Solomon Global Public Policy for Public Affairs Managing Director Time Warner Inc. and General Counsel Accenture Volkswagen Group of America, Inc. VICE PRESIDENT – PROGRAMS GENERAL COUNSEL Deborah J. Kissire VICE PRESIDENTS – NOMINATING Wendelin A. White Vice Chair, CO-CHAIR Co-Managing Partner, East Central Managing Partner Carol A. Melton Washington, D.C. Office Ernst & Young LLP Morris, Manning CO-CHAIR & Martin, LLP David B. Pollin VICE PRESIDENT – EDUCATION Co-Founder and President Dr. Jeffrey A. Eisenach The Buccini/Pollin Group EXECUTIVE DIRECTOR Senior Vice President Mary Brady NERA Economic Consulting VICE PRESIDENT – FINANCE John C. Lee, IV COMMITTEE RESOURCE DEVELOPMENT GLOBAL INITIATIVE Hon. Dave McCurdy Eric Spiegel & TASK FORCE President and CEO President and CEO CHAIRS American Gas Association Siemens USA 6 THE ECONOMIC CLUB OF WASHINGTON, D.C. | THE PREMIER FORUM FOR LEADERS *current as of June 2015 28360_ECW_AR_2015.indd 6 8/13/15 9:06 AM BOARD of DIRECTORS* Gina Adams Rep. Deborah Dingell*** Debra L. Lee Todd S. Rich Senior Vice President, Representative (MI-14) Chairman & CEO Partner Government Affairs U.S.
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