2018 ANNUAL REPORT MISSION

The Council is a non-partisan 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, energy, transportation, technology and innovation,

healthcare and financial services. TABLE OF CONTENTS

President’s Letter ...... 4

Chairman’s Letter ...... 5

ADVOCACY AND INITIATIVES

Introduction ...... 6

Energy and Environment 7

Financial Services ...... 9

Healthcare ...... 12

Higher Education ...... 13

Technology 15

Trade ...... 16

Transportation & Infrastructure ...... 18

EVENTS

Annual Spring Event ...... 20

Annual Dinner 22

Congressional Roundtable Series 24

Capital Conversations Series ...... 26

Politics & Eggs Series ...... 28

Featured Programs ...... 30

ABOUT THE COUNCIL

DC Dialogue 32

Board of Directors ...... 33

Members ...... 37 Jim Brett with New Englander of the Year General Joseph Dunford, F. Chairman of the Joint Chiefs of Staff. James T. BrettJames T. President & CEO Best Regards, As we reflecton another great year, I would be remiss if I not did acknowledge thatof none this would be possible not if for the steadfast support and active participation our of members. And so, I thank you all for your engagement in the Council, and look forward to ahead. year great another Like so many around the nation, we followed the November midterm elections with great interest, and were pleased to see several of Houseour members region’s secure important leadership posts. were also We happy to welcome fivenew membersof the delegation who are part an of historic freshman class Congress. in the 116th On the Senate side, many the of Senators with whom we have worked closely well-deserved won reelection, and delegation our region’s continues to climb in seniority and together work behalf on the of look forwardregion. We to working with leaders, our region’s both new and returning, in 2019. Our calendar was packed with over in 60 events 2018, throughout the region and in Washington, hosted DC. many We members of Congress from New England and beyond at our Congressional Roundtable and Capital Conversations series. continued our We New England Innovates series with fascinating discussions about autonomous vehicles and financial technology, and convened forumson such important issues as the impact tax of reform, regional energy challenges, trade with and Mexico, and business opportunities in Cuba. And as the first potential 2020presidential candidates visitedNew Hampshire, we werepleased to welcome themPolitics ourat & Eggs series. Despite continued partisan division capital, in our nation’s the Council remained steadfast in our to work ensure that the region’s business community has a strong, unifiedWashington, voice in We advocatedDC. our for memberson a wide rangeof issues, including financial regulatory reform, retirement savings, trade policy, and investment in higher education and workforceWe development.also provided a variety opportunities of for our members to connect with federal agency officials and key Congressional stafflearn to about and provide feedback important on policydevelopments. Each year when down I sit to write this letter, I am amazed by the Council’s continued growth and accomplishments. Just when we think seenwe’ve our best yearyet, we somehow manage to build upon our success year after year. was And different. no 2018 New England Council Members and Friends: 4 2018 ANNUAL4 2018 REPORT PRESIDENT’S LETTER CHAIRMAN’S LETTER

2018 ANNUAL2018 REPORT 5 John Hailer with U.S. Secretary of Commerce Wilbur Ross in Washington, DC.

John Hailer Sincerely, Chairman CapitalPresident, Group 1251 I continue to be very proud to serveas the Council’s Chairman, and look forward to working with fellow business leaders throughout the region in the year ahead. And the third the role Council plays is the that, one in opinion, my makes the organization truly unique: The a convener. Council brings businessthe region’s community – across state lines and across many sectors the of economy – together around important issues and topics in a way that other no business association does. Whether was it hundreds members of coming together at the Annual Spring in Event Washington, DC, thousands or in May, gatheringfor the Annual Dinner in the fall, smaller or groups at various other meetings the Council convened throughout the year, the Council continued to play an important in role connecting members with each other as well as with policy makers in the region and capital in our nation’s in 2018. Of course, because the Council’s membership is so diverse, finding consensus can be a challenge. where That’s the Council’s second important comes role into play: an educator. Throughout the Council 2018, ensured that members had the most accurate and updated information policy on developments – both Capitol on Hill and in the Administration – and that businesses understood legislative how regulatoryor changes would impact their ability to grow and thrive. large From policy forums, to small group meetings, to timely communications, the Council continues to be an incredible resource to businesses and organizations all of types and sizes who care about federal policy. First and foremost, The New England Council is an advocate businesses for the region’s and institutions, as well as overall economic wellbeing. the Council In 2018, developed consensus-based positions and weighed in some the of on most important issues facing our includingeconomy, regulatory reform, trade, data privacy, and retirement savings, just to name Through a few. letters, opinion pieces in regional publications, and meetings with federal policy makers, the Council ensured that the New England business community’s voice was heard in Washington. One of my fellow my of One longtime New England Council board members has often described the Council as an organization that plays three distinct roles business in the region’s community. And as I am I look back proud that at 2018, the Council excelled in all three categories over the course the of year. New England Council Members and Friends: ADVOCACY INITIATIVES AND INTRODUCTION

It was another busy and productive year in 2018 as The New England Council continued to serve as both an advocate and a resource for its members on federal policies aimed at promoting innovation and economic growth, fostering a positive business climate, and ensuring that our region has the talented workforce needed to compete in the 21st century global economy. While many important legislative initiatives fell victim to the intense partisanship that has plagued Washington in recent years, there was significant activity on several key issues, including the implementation of new tax reforms and the passage of key financial regulatory reforms, as well as significant developments in international trade policy. All the while, the Council worked to ensure that the Sen. Ed Markey (center) with Ayah Roda and Daniel Zotos of the New England business community’s priorities and Alzheimer’s Association and Chapter. concerns were communicated to our region’s representatives on Capitol Hill and to leaders in various federal agencies, and that members had accurate and current information on policy developments and implications. In addition to various advocacy efforts, the Council also convened a wide array of informative meetings and events throughout the year, featuring members of Congress, other federal policy makers, and industry experts, to help Council members stay abreast of policy developments and to navigate the many challenging issues facing the business community.

Sen. Maggie Hassan and Board Member Mark Reilly of Comcast.

Board Member Kevin Rasch of Harvard Pilgrim Health Care and Rep. Jim McGovern.

6 2018 ANNUAL REPORT ENERGY AND ENVIRONMENT ADVOCACY INITIATIVES AND

Energy costs and access to energy resources are perennial challenges faced by New England businesses and residents alike. The New England Council’s membership includes a wide range of businesses and organizations in the energy and environment sector, including energy generators and distributors, developers of renewable and alternative energy sources, and energy and environmental technology firms, as well as commercial energy consumers large and small. The Council’s Energy & Environment Committee, chaired by Mark Kalpin of Holland & Knight, draws upon the experiences and knowledge of our members in developing consensus-based approaches that can help address New England’s energy challenges. In 2018, the Committee continued to focus on several issues of Attorney General Maura Healey and Dan Dolan of the New England importance to the region, and held a series of events Power Generators Association. and meetings featuring national leaders on energy and environmental issues.

Regional Energy Forum On April 20, 2018, The New England Council presented its third Regional Energy Forum, hosted by the New Hampshire Institute of Politics at Saint Anselm College in Manchester, New Hampshire. The forum featured keynote remarks from Gordon van Welie, President and CEO of ISO-New England. Mr. van Welie discussed an ISO-New England report assessing the region’s fuel security, and outlined energy challenges facing the region. Following his remarks, a panel of industry representatives and state energy regulators discussed approaches to addressing the region’s energy challenges. The panel was Sen. Susan Collins and Mike Cuzzi of Brookfield Renewable. moderated by Mark Kalpin, a partner at Holland & Knight and the Chair of The New England Council’s Energy & Environment Committee, and featured the following panelists: Meeting with FERC Commissioner Cheryl LaFleur

• Gordon van Welie, President and CEO, ISO New England As part of the Council’s Annual Spring Event in Washington, DC, members of the Energy & Environment Committee had • Dan Dolan, President of the New England Power Generators the opportunity to meet with Commissioner Cheryl LaFleur of Association (NEPGA) the Federal Energy Regulatory Commission (FERC) on May 10, • Katie Dykes, Chair of Connecticut’s Public Utilities 2018. Commissioner LaFleur, a New England native, discussed Regulatory Authority (PURA), & Chair of the Board of energy policy in New England and beyond, and provided an Directors of the Regional Greenhouse Gas Initiative (RGGI) overview of the numerous issues being addressed by FERC. • Doug Hurley, Principal Associate, Synapse Energy Economics The Commissioner also fielded a variety of questions from Committee members. • Jim Roche, President, Business and Industry Association of New Hampshire Meeting with EPA Regional Administrator Some 150 members and guests from throughout the region Alexandra Dunn attended the forum. On May 30, 2018, the Energy & Environment Committee met in , MA, to hear from guest speaker Alexandra Dunn,

2018 ANNUAL REPORT 7 ADVOCACY INITIATIVES AND ENERGY AND ENVIRONMENT CONTINUED

the newly-appointed Regional Administrator for the U.S. Environmental Protection Agency (EPA). Administrator Dunn outlined the EPA’s regional and national priorities, and placed a strong emphasis on states taking on a larger role in establishing environmental policy. Additionally, the Administrator discussed the Administration’s approach to permitting, compliance, superfund sites and the Water Infrastructure Finance and Innovation Act. Later in the year, Ms. Dunn was nominated to be the Assistant Administrator overseeing the EPA’s Office of Chemical Safety and Pollution Prevention, making this meeting an even more valuable opportunity for the Council and our members to develop a strong relationship with her.

New England Energy Leaders Reception Quebec Premier François Legault (2nd from L) with (L to R) Lee Oliver, On October 16, 2018, The New England Council partnered Jim Judge, and Board Member Joe Nolan, all of Eversource Energy. with member WilmerHale to co-host a New England Energy Leaders Reception in Washington, DC. The event was held in conjunction with the American Wind Energy Association’s Annual Offshore Wind Conference. The reception featured remarks from Senators Ed Markey (D-MA) and Sheldon Whitehouse (D-RI), who each addressed the future of offshore wind power in the U.S. and discussed their efforts to advance policies that support further development of renewable energy. Over 80 people attended the event.

Briefing with Rep. Kennedy’s Energy Staff The Energy & Environment Committee held its final meeting of the year on December 10, 2018, at Holland & Knight. Members heard from Eric Fins, Legislative Counsel to Board Member Marcy Reed of National Grid and Sen. Ed Markey. Representative Joe Kennedy (D-MA), who serves on the House Energy & Commerce Committee. As Democrats prepared to take majority control of the House in 2019, Mr. Fins briefed members on Congressman Kennedy’s energy policy priorities, as well as the Committee’s agenda for the 116th Congress. Specifically, Mr. Fins discussed how the committee is preparing to address numerous energy and environmental issues via infrastructure legislation. Mr. Fins also stated that oversight will be a strong emphasis of the committee, particularly over the Environmental Protection Agency. Mr. Fins answered questions from committee members, including how Democrats plan to navigate the new political landscape within their own party, what role the federal government will play in offshore wind development, and questions regarding the Administration’s recent efforts to support specific energy resources. Patrick Haswell of Veolia and Rep. Stephen Lynch.

8 2018 ANNUAL REPORT FINANCIAL SERVICES ADVOCACY INITIATIVES AND

New England has long been a center for the global financial services industry. Many of the nation’s largest banking institutions and top financial services firms call our region home, and the financial services sector is integral to the region’s economic well-being. The New England Council’s Financial Services Committee counts among its members a wide range of companies and organizations, including large investment banks, community banks, credit unions, investment management firms, insurance companies, and accounting firms. Jim Febeo of Fidelity Investments and Ed Kenealy of Liberty Mutual serve as the committee’s co-chairs. In 2018, the committee advocated for some of the most significant economic and regulatory policies that Congress has Rep. Richard Neal (C) with Board Member John Stadtler and Barry undertaken in recent years. From tax reform to financial Okun, both of PwC. regulatory reform, the committee educated and informed policymakers and other stakeholders about how these new The panelists highlighted how—six months into laws will impact the financial services industry throughout implementation—various provisions of the tax reform legislation New England. were impacting their respective industries, both positively and negatively. Panelist also shared their priorities for any future Tax Reform Program revisions to the federal tax code. Over 100 Council members from throughout the region attended the event. Following the passage of sweeping federal tax reform legislation at the end of 2017, The New England Council—led by the Financial Regulatory Reform Financial Services Committee—convened a regional forum to In February 2018, as Congress considered a significant piece explore the impact the new law was having on businesses and of financial regulatory reform legislation, the Council hosted organizations in New England six months after the bill was a special event featuring remarks from Senator Angus King (I- signed into law. “Tax Reform in New England: Regional Impact ME), one of the co-sponsors of the proposal. Sen. King provided and Next Steps” was hosted by NEC member PwC at its Boston an overview of the bipartisan Economic Growth, Regulatory office on June 4, 2018. Relief and Consumer Protection Act and explained why he The event began with keynote remarks from Representative believed reforms were necessary for the health of our nation’s Richard Neal (D-MA), then the Ranking Member of the House financial system. The event was hosted by NEC member K&L Ways & Means Committee. Following the Congressman’s Gates at its Boston office with over 70 members in attendance. remarks and a question and answer session, Barry Okun, a Partner Also in February, the Council sent letters of support for the at PwC, moderated a panel discussion featuring Council members Economic Growth, Regulatory Relief and Consumer Protection representing a variety of industries. The panel included: Act to members of the New England House and Senate • Mark Colabella, Vice President, Enterprise Tax Planning, delegations. The letters commended the bipartisan process that Compliance, & Defense, Dell led to the bill’s introduction, and highlighted provisions that were of particular interest to Council members. The legislation, • Daniel Egan, President, Association of Independent Colleges which modernizes financial regulations in a way that makes & Universities of Rhode Island sense for smaller financial institutions, benefiting consumers • Daniel Forte, President, Massachusetts Bankers Association and encouraging economic growth, passed both the House and • Kristin Lewis, Senior Vice President, Chief Public Affairs the Senate and was signed into law by President Trump in May Officer, Tufts Health Plan 2018, marking a significant victory for the Council and the many members affected by this bill. • Susan R. Olson, Vice President, Government Relations, Natixis Investment Managers

2018 ANNUAL REPORT 9 ADVOCACY INITIATIVES AND FINANCIAL SERVICES CONTINUED

Retirement Savings Advocacy Finance Committee, and Kara Getz, Democratic Chief Counsel In June 2018, the Council wrote to New England Senators for the House Ways and Means Committee. Mr. Evans and to express its support for the Retirement Enhancement and Ms. Getz updated members on matters currently before their Savings Act (RESA) of 2018. This bipartisan legislation would respective committees, including tax policy and retirement make various changes to update and expand retirement plan savings legislation as well as other relevant issues. coverage while increasing overall retirement security for workers Following the midterm elections, the Committee also organized across the country. Specifically, RESA would strengthen a series of conference calls with key Congressional staff to current retirement plans provided by some of the region’s provide members with the opportunity to learn about priorities largest employers, while also creating access to 401(k) plans or for financial services policy in the 116th Congress. In December other retirement options for employees of smaller businesses. 2018, the Committee hosted calls with: In its letter, the Council stressed that enacting RESA would help individuals to significantly increase their savings, while • Drew Crouch, Senior Tax and ERISA Counsel, Senate providing important retirement planning information to all Finance Committee Democratic Staff those who are working towards a secure retirement. • Kara Getz, Chief Counsel, House Ways and Means Committee Democratic Staff • Bharat Ramamurti, Senior Counsel on Banking and Economic Policy, Office of Sen. (D-MA)

Meetings with House Financial Services Committee Members Financial Services Committee members also had the opportunity to participate in several meeting with members of the House Financial Services Committee in 2018.

In February, following a Congressional Roundtable Breakfast in Boston, Committee members met with Representative Michael Capuano (D-MA) to discuss his work on the House Financial Services Committee. The Congressman shared his thoughts on Sen. Angus King and Tom Samoluk of John Hancock Financial Services. pending financial regulatory reform legislation, and highlighted some of his other priorities on financial services policy matters. Prior to sending the letter, the Committee hosted a conference In August, the Committee hosted a lunch event with call with the Drew Crouch, Senior Tax and ERISA Counsel to Representative Tom Emmer (R-MN) during the Congressman’s Senator Ron Wyden (D-OR), Ranking Member of the Senate visit to Boston. Rep. Emmer discussed his work as a member Finance Committee. Mr. Crouch provided an overview of the of the Subcommittee on Capital Markets and Government legislation and how it would benefit employers and employees Sponsored Enterprises, the Subcommittee on Monetary Policy alike, and answered questions from committee members. and Trade and the Subcommittee on Terrorism and Illicit Briefings with Key Congressional Staff Financing. NEC member LPL Financial hosted the luncheon. Over the course of the year, members of the Council’s Financial Comments on Changes to the Volcker Rule Services Committee also had the opportunity to participate In October 2018, the Council submitted a comment letter in briefings—either in person or via conference call—with a to five federal financial regulatory agencies in response to variety of key Congressional staffers involved with developing a proposed rule that would simplify and tailor compliance legislation that impacts the financial sector. requirements for the Volcker Rule. The Volcker Rule generally During the Council’s Annual Spring Event in Washington, DC, restricts banking entities from engaging in proprietary trading Committee members participated in a roundtable discussion and from owning or controlling hedge funds or private equity with Michael Evans, Democratic Chief Counsel for the Senate funds. After gathering feedback from a variety of Council members who are affected by the rule, the Council submitted

10 2018 ANNUAL REPORT ADVOCACY INITIATIVES AND

comment letters to the Federal Reserve Board, the Commodity Futures Trading Commission, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission.

New England Innovates: Leading the Way in FinTech On October 26, 2018, The New England Council presented “New England Innovates: Leading the Way in FinTech.” The event, hosted by NEC member Bank of America at its Boston office, was part of the Council’s New England Innovates series, which aims to highlight how New England businesses and organizations are leading the way in the innovation economy, and to promote an ongoing dialogue in the region about how we maintain our reputation as a global innovation hub. Alabama Sen. Doug Jones and Stephanie Markiewicz of Fidelity Investments. The event featured keynote remarks from Craig Phillips, Counselor to the Secretary at the U.S. Department of Treasury and co-author of the department’s recent report on FinTech. Following Mr. Phillips’ remarks, a panel of Council members highlighted their own FinTech initiatives and discussed the challenges and opportunities associated with this rapidly evolving sector. The panel was moderated by Tim Grady, Financial Services Partner and East Region Assurance Leader at PwC, and included the following panelists:

• Jay Biancamano, Managing Director, Digital Product Development, State Street • Jean Donnelly, Executive Director, FinTech Sandbox • Steve Leschuck, Vice President, New Products, Liberty Mutual Board Member Ed Kenealy of Liberty Mutual and U.S. Secretary of • George Marootian, Executive Vice President, Head of Commerce Wilbur Ross. Technology, Natixis Investment Managers • Debarshi K. Nandy, Ph.D., Associate Professor of Finance, International Business School

The panel covered a wide range of topics, including how the incorporation of new technology and automation is impacting human capital, data privacy and cyber security, talent demands and the skills gap, roadblocks for future development, and regulatory and legislative priorities. The event was attended by over 100 Council members and guests.

Rep. Seth Moulton and Dolie Chacko Sarbanis of State Street Corporation.

2018 ANNUAL REPORT 11 ADVOCACY INITIATIVES AND HEALTHCARE

New England’s large and diverse healthcare industry met with key congressional staffers from both the House and continues to be a significant economic driver in the region. Senate for a discussion of opioid legislation and other healthcare The New England Council’s Healthcare Committee issues pending before Congress. The Committee heard from: includes representatives of health insurers and plan providers; community, rural and teaching hospitals; • Amy Pellegrino, Health Policy Director, Office of pharmaceutical and medical device manufacturers and Sen. Susan Collins (R-ME) suppliers; independent physician organizations; non-profit • Beth Pearson, Health and Economic Policy Advisory, policy organizations; and trade groups and associations Office of Sen. Elizabeth Warren (D-MA) representing the healthcare industry. In short, the • Elizabeth O’Hara, Deputy Chief of Staff, Office of committee represents a microcosm of the industry as a Rep. Richard Neal (D-MA) whole. In 2018, the Council’s Healthcare Committee, co-chaired by Patricia McMullin of Beth Israel Deaconess • Melanie Egorin, Professional Staff, House Committee on Medical Center and Deirdre Savage of Blue Cross Blue Ways & Means Shield of Massachusetts, focused on efforts in Some 30 members participated in the meeting, which was held Washington, DC, to repeal and replace the Affordable on Capitol Hill. Care Act, as well as other federal policy matters that affect this critical sector of the New England economy.

Briefing on the 2018 Healthcare Policy Outlook On January 29, 2018, the Healthcare Committee gathered at Blue Cross Blue Shield of Massachusetts in Boston for its first meeting of the year. Members heard from two speakers who offered insights on the healthcare policy agenda in Congress in 2018. Ann Jablon, a Partner at NEC member Capitol Counsel and former Chief of Staff to Congressman Richard Neal, provided an update on topical federal issues including the short-term continuing resolutions, ACA stabilization bills, funding to combat the opioid crisis, and prescription drug prices. The Committee also heard a presentation from Christopher Cox, a Partner at PwC, focused on the healthcare Brian Hall of Celgene and Sen. Jack Reed. industry landscape in 2018.

Meeting with Raymond Hurd Roundtable with HHS Regional Director John McGough On September 18, 2018, Raymond Hurd, Deputy Consortium On April 2, 2018, the Healthcare Committee met in Boston, Administrator for the Consortium for Medicare Health Plan Massachusetts. The meeting featured an introductory discussion Operations (CMHPO), spoke to Healthcare Committee with John McGough, the recently-appointed Regional Director members at a meeting in Boston. Mr. Hurd discussed initiatives for the US Department of Health and Human Services (HHS). that the agency is working on in the region, chief among them Mr. McGough updated the Committee on his priorities work requirement requests from states like New Hampshire and vision for HHS Region One, which includes all of New and Maine. The meeting also included a planning discussion England, including combating the opioid crisis, value-based for future committee programming, including a possible event healthcare delivery, and Medicare and Medicaid payment model focused on social determinants of health, future Washington, reforms. The meeting was hosted by Beth Israel Deaconess DC, meetings, and the Administration’s proposed changes to Medical Center. the “public charge” definition. Briefing with Congressional Staffers On May 10, 2018, as part of the Council’s Annual Spring Event in Washington, DC, members of the Healthcare Committee

12 2018 ANNUAL REPORT HIGHER EDUCATION ADVOCACY INITIATIVES AND

New England is home to a diverse array of institutions of higher education, ranging from large public universities, to small private colleges, to community and technical colleges, making the region a global education hub. These institutions not only prepare our future workforce, but also play a critical role in the region’s economy, driving research and economic growth while also providing employment opportunities to thousands of New Englanders. Co-chaired by Dean College President Paula Rooney and Northeastern University’s Tim Leshan, The New England Council’s Higher Education Committee includes representatives from colleges, universities, and education-related non-profits throughout the six New England states. In 2018, the Committee continued to Sen. Elizabeth Warren and Tim Leshan of Northeastern University. advocate for increased access to higher education, as well as to support the development of our region’s talent pipeline through research, innovation and collaboration.

Support for Higher Education Act Reauthorization In February, the Council submitted comments to the Senate Health, Education, Labor & Pension (HELP) Committee regarding the proposed reauthorization of the Higher Education Act (HEA). HEA reauthorization has been a priority for the Higher Education Committee for many years, as the law expired in 2013. In its comment letter, the Council specifically recommended that Congress quickly reauthorize this law and modernize education policies. The Council outlined changes to student financial aid, including efforts to increase student Chancellor Robert Johnson of the University of Massachusetts financial literacy. The recommendations included changes Dartmouth and Rep. Joe Kennedy. to data and reporting and modifications to the accreditation process to allow flexibility for new learning models. Finally, the letter recommended that the reauthorization include support for partnerships between higher education and industry to better develop the talent pipeline and support employer needs. Unfortunately, Congress did not take up HEA reauthorization by the end of the year, so it will continue to be a priority for the committee in 2019.

New England Higher Education Staff Briefings Over the course of the year, the Higher Education Committee hosted several conference calls with key education staff for members of the New England Senate delegation who serve on the Senate Health, Education, Labor & Pensions (HELP) Committee. Board Member Dr. Michele Perkins of New England College and Rep. Ann Kuster.

2018 ANNUAL REPORT 13 ADVOCACY INITIATIVES AND HIGHER EDUCATION CONTINUED

In January, the committee held a conference call with Senator Capitol Hill HELP Committee Staff Roundtables Elizabeth Warren’s education policy advisor, Josh Delaney. In May, as part of the Council’s Annual Spring Event in Mr. Delaney spoke about the prospects of reauthorizing the Washington, DC, the Committee met with majority and Higher Education Act as well as other pending higher education minority staff of the Senate HELP Committee on Capitol Hill. legislation. He also updated members on a bill that Senator The committee first met with Bob Moran, Chairman Lamar Warren had recently introduced, the College Transparency Alexander’s Senior Education Advisor. Mr. Moran discussed Act, which would change the collection and compilation of the Chairman’s priorities, including work to reauthorize the student data. Finally, Mr. Delaney discussed the tax reform Higher Education Act, FAFSA simplification efforts, and legislation that had recently passed Congress and its impact student loan legislation. The Committee then met with a group on higher education. of Senate HELP Committee minority staff, who discussed the Democratic committee members’ legislative agenda related In August, the Committee held a conference call with Senator to higher education. The group discussed potential areas for Bernie Sanders’ education advisor, Donnie Turner. Ms. Turner bipartisan collaboration on the committee, and also shared their shared her insights on the path forward for reauthorization of perspectives on HEA reauthorization. the Higher Education Act. She also discussed Senator Sanders’ legislation to provide free community college, and took Partnerships for the Talent Pipeline Directory questions on a variety of topics. In September, the Council released the second edition of “Partnerships for the Talent Pipeline: Directory of New England Higher Education & Industry Partnerships.” This updated version of the directory—which was first released in the fall of 2016—highlights over 80 programs affiliated with colleges and universities throughout New England which aim to connect students and employers in order to strengthen our regional workforce. As educators, employers and community leaders wrestle with how to best prepare students for a successful career, these innovative models are being put to the test around our region to ensure that education meets changing demands. The New England Council worked with members across the region to collect information on partnerships that are designed to develop a skilled talent pipeline and provide a mutual benefit to both students and businesses. The publication is meant to Rep. Richard Neal and Linda Looft of Worcester Polytechnic Institute. be a resource for policymakers and other stakeholders, and to encourage employers and educational institutions to continue Perkins Career and Technical Education Reauthorization to pursue and expand partnership initiatives that develop our The Council’s Higher Education Committee endorsed the most region’s talent pipeline. Copies of the directory were provided significant education-related legislation passed by Congress to Council members and to members of the New England and signed into law this session. The Council supported Congressional delegation and their staffs, and it is also reauthorization of the Perkins Career and Technical Education available online. (CTE) Act, which had expired in 2012 and was long overdue for modernization. The reauthorization updated the law to better align workforce training programs with employer needs and to allow for new partnerships to improve training programs. In June, the Council joined a coalition of organizations in support of the reauthorization, signing on to a letter to lawmakers in support of the bipartisan bill, which was passed by Congress and signed by the President in July.

14 2018 ANNUAL REPORT TECHNOLOGY ADVOCACY INITIATIVES AND

New England has a well-deserved reputation as a global technology hub that is the birthplace of countless cutting- edge innovations. From software developers, to internet technology providers, to telecommunications firms, to biotech and life sciences companies, New England is home to a thriving, multi-billion-dollar innovation economy. It is no exaggeration to say that the technologies and devices developed in New England are changing lives and having an impact on the way that we do business around the world. The technology sector also represents a large and consistently growing percentage of our region’s workforce. In 2018, the Council’s Technology Committee engaged in activities aimed at fostering continued innovation and growth in this key sector of our region’s economy. Pamela Kidwell of Mercury Systems and Sen. Jeanne Shaheen.

New England Innovates Series deploying financial technology or “FinTech.” Following The Council continued its popular New England Innovates Mr. Philips’ keynote remarks, a panel of NEC members series with several events in 2018. First launched in 2016, the discussed the challenges and opportunities presented by goals of the New England Innovates series are to highlight how this burgeoning new sector. businesses and organizations in New England are driving global innovation, and to promote an ongoing dialogue in the region NEC Supports the CLOUD Act about how we maintain our reputation as a global innovation In February 2018, The New England Council endorsed the hub. For each event, the Technology Committee partners with Clarifying Lawful Overseas Use of Data (CLOUD) Act. This one of the Council’s other policy committees to focus on a bipartisan, bicameral legislation made practical and effective specific sector or issue affecting innovation in the region. Each updates to our nation’s digital communications laws to reflect forum features a keynote speaker and a panel discussion, and the rapid advances in technology in recent years. The Council aims to explore challenges and opportunities for continued sent letters to every member of the New England delegation innovation and growth, and to examine how policy makers at urging them to support this bill. the local, state, and federal levels can support innovation in The CLOUD Act updated federal laws pertaining to U.S. law New England. enforcement’s ability to obtain electronic communications In June 2018, the Council presented “New England Innovates: stored outside of the U.S.—an increasingly common practice Driving Forward with Autonomous Vehicles.” Hosted by NEC in our global marketplace—by establishing a legal framework member Nelson Mullins, the forum highlighted the region’s for accessing extraterritorial communications. In its letter to leadership in the burgeoning autonomous vehicle (AV) sector, legislators, the Council stressed that the CLOUD Act strikes and explored how advancements in AV technology will impact an important balance by providing law enforcement with the the economy and transportation in the region. Following a tools to gather evidence for criminal investigations while also keynote address by Rep. Michael Capuano (D-MA), a member safeguarding individual privacy rights, and respecting the laws of the House Transportation & Infrastructure Committee, and governments of other countries. panelists discussed the challenges of regulating such a rapidly The legislation was ultimately passed by both the House evolving sector and the need to strike a balance to ensure public and Senate and signed into law in March 2018 as part of safety while also encouraging continued innovation. the Consolidated Appropriations Act of 2018, an omnibus In October, Craig Philips, Counselor to the Secretary at the U.S. spending bill. Department of Treasury, headlined “New England Innovates: Leading the Way in FinTech.” Hosted by Council member Bank of America, the event explored how New England institutions and organizations are leading the way in developing and

2018 ANNUAL REPORT 15 ADVOCACY INITIATIVES AND TRADE

The New England Council has long supported free trade, allowing businesses across our region to buy and sell products and establish direct investments in markets around the world without impediment. Formed in 2014 and chaired by Viji Rangaswami of Liberty Mutual, The New England Council’s Trade Working Group provides a unified voice on the importance of global trade to business growth and success throughout our six-state region. In recent years, under the Trump Administration, there has been a shift in US trade policy away from several major multilateral trade agreements with trade partners in Asia and Europe. As the Administration pursued the renegotiation of a major trade agreement with Canada and Mexico, and implemented a series of tariffs on Canadian Ambassador David MacNaughton and Board Member imports from these and other key trade partners, the Leigh Walton of Pitney Bowes. Council worked to ensure that the concerns of the region’s business community were communicated to key trade and reiterated his nation’s commitment to continued free trade leaders in Washington. with the US.

NAFTA and The New England Economy Trade Leaders Address The New England Council On May 24, 2018, The New England Council partnered with New England Council members had opportunities in 2018 to the New England-Canada Business Council to present a special hear from several important leaders on trade issues. In April, event, “NAFTA and the New England Economy.” Canada’s the Council held a Capital Conversations event in Washington, Consul General to New England, Mr. David Alward, and DC, featuring Canada’s Ambassador to the , Mexican Consul General Dr. Emilio Rabasa Gamboa each David MacNaughton. The breakfast was hosted by the delivered opening remarks sharing their nation’s view on the Consulate General of Canada in New England and the importance of renewing NAFTA. Following their remarks, Canadian Embassy. Ambassador MacNaughton discussed the former NECN anchor Mike Nikitas moderated a panel ongoing efforts to renegotiate the North American Free Trade discussion featuring representatives of several Council members Agreement (NAFTA) and expressed Canada’s commitment to who highlighted the importance of continued free trade with ongoing free trade with the US. Canada and Mexico for the region. Panelists included: One month later, in May, The New England Council welcomed • Matthew Bock, Partner, Middleton & Shrull Gilbert Kaplan, Under Secretary of Commerce for International Trade, who spoke to the members during our Federal Policy • Marie-Claude Francoeur, Quebec Delegate to New England Briefing at the Council’s Annual Spring Event in Washington, • Matthew Reisman, Director, Trade Policy, Microsoft DC. Under Secretary Kaplan provided a broad overview of trade policy under the Trump Administration along with an • Thomas Samoluk, Vice President & Counsel, External Affairs update of the nation’s current trade situation. Aside from the & Investigative Services, John Hancock Secretary of Commerce, Under Secretary Kaplan is the chief The event was hosted by NEC member McDermott Will & official overseeing all trade issues under the Department’s Emery in Boston and drew more than 80 Council members purview, including trade promotion, market access, trade law and guests. enforcement, import administration, and trade competitiveness. NAFTA Renegotiation and Tariffs Finally, in November 2018, the Council hosted a special event in Boston with the newly-elected Quebec Premier François In June, The New England Council sent a letter to President Legault. Premier Legault discussed the important economic Trump, Commerce Secretary Wilbur Ross, and U.S. Trade relationship between his province and the New England region, Representative Robert Lighthizer to urge the Administration

16 2018 ANNUAL REPORT ADVOCACY INITIATIVES AND

to reconsider recently-imposed steel and aluminum tariffs on Mexico and Canada, as well as to stay at the negotiating table to update NAFTA and reach a final deal. With regard to NAFTA renegotiation, the Council pointed out the significant economic benefits of trade with Canada and Mexico for the New England region specifically. A copy of this letter also was also provided to each member of the New England Congressional delegation. To support this advocacy, Council President and CEO Jim Brett penned an op-ed that echoed these messages which was published in several newspapers and business journals in the region during the summer months.

NEC Urges Administration to Reconsider China Tariffs During 2018, the United States imposed approximately $250 British Ambassador Kim Darroch (C ) with Board Member Liz Chace billion in tariffs on Chinese goods, covering thousands of Marino and Jackie Ross, both of Stop & Shop Supermarkets. products. China responded with more than $100 million in tariffs on the United States. In the fall, the U.S. indicated that an additional round of tariffs totaling some $260 billion could be placed on Beijing. The Council heard from a variety of members that these tariffs were having a negative impact on their respective industries, and expressing concerns that other nations would reap the benefits of a U.S. trade war with China. To address these concerns, the Council in late November sent a letter to Treasury Secretary Stephen Mnuchin, Commerce Secretary Wilber Ross, and U.S. Trade Representative Robert Lighthizer asking that the Administration seek a resolution to this ongoing dispute with China that will protect U.S. interests, while also allowing for the resumption of free trade between our two nations. The letter was sent ahead of President Trump’s meeting with Chinese President Xi Jinping during the Rep. Richard Neal and Board Member Paige Fetzer of Dell. G-20 Summit in Buenos Aires, Argentina, which resulted in a temporary truce whereby the nations agreed not to impose any new tariffs before January 2019.

Marie-Claude Francoeur, Quebec Delegate to Boston, Quebec Premier François Legault, and Canadian Consul General David Alward.

2018 ANNUAL REPORT 17 ADVOCACY INITIATIVES AND TRANSPORTATION & INFRASTRUCTURE

New England depends on safe, reliable, and efficient transportation systems to support commerce and continued economic growth. Our region, however, faces a unique set of challenges when it comes to our transportation infrastructure, including aging and outdated bridges, highways, and rail systems, combined with increased usage and harsh winter weather. As leaders in Washington have increasingly focused on federal investment in our nation’s infrastructure in recent years—including not just traditional transportation systems but also energy grids, water treatment systems, and communications networks—the Council expanded the focus of what has historically been called the Transportation Committee. In 2018, the committee Ambassador José Ramón Cabañas Rodríguez and Jose Masso of Massport. was renamed the Transportation & Infrastructure Committee to more accurately reflect the priorities and concerns of our members and Congressional leaders alike. Chaired by Steve Silveira of ML Strategies, the Committee continues to advocate for policies that will modernize and enhance our region’s infrastructure framework.

Senate Aviation Staff Expert Discusses FAA Matters In January 2018, the Committee held a conference call with Michael Reynolds, Senior Counsel for the Senate Commerce, Science, and Transportation Committee and Policy Director for the Majority on the Committee’s Aviation Subcommittee. Mr. Reynolds discussed the Federal Aviation Administration (FAA) reauthorization effort, including a somewhat Asli Basegmez of Turkish Airlines and Rep. Jim McGovern. controversial pilot minimum-hours-of-training provision that had held up consideration of the bill to that point, and which was subsequently shelved. This ultimately helped pave the way for passage of the bill. Mr. Reynolds also discussed the effort to find a permanent head of the FAA, the advance of aerial drone technology and the need to ensure their safe use, and airport funding.

Briefing with House Transportation & Infrastructure Committee Staff In May 2018, members of The New England Council’s Transportation & Infrastructure Committee had the opportunity to meet with Chris Vieson, Chief of Staff to the House Transportation and Infrastructure (T&I) Committee. This meeting was held in conjunction with the Council’s Rep. Michael Capuano and Ed DiSanto of American Tower Corporation. Annual Spring Event in Washington, DC. Mr. Vieson briefed members on the Committee’s agenda for the remainder of the 115th Congress, including passage of an FAA reauthorization bill, a Water Resources Development Act (WRDA) bill, and

18 2018 ANNUAL REPORT ADVOCACY INITIATIVES AND

possibly other infrastructure legislation. Council members relationship between the US and Cuba. To educate and inform were able to discuss several issues of concern, particularly the region’s business community about the new JetBlue service those related to infrastructure investment and potential and the variety of economic opportunities in Cuba, The New financing options that Congress might pursue. England Council partnered with several other organizations to host a special event in October 2018 in Boston. The event New England Innovates: Driving Forward with featured remarks from Representative Jim McGovern (D-MA), Autonomous Vehicles a longtime advocate of normalized relations with Cuba, and On June 5, 2018, The New England Council presented Cuba’s Ambassador to the US José Ramón Cabañas Rodríguez. “New England Innovates: Driving Forward with Autonomous The event also included presentations by representatives of Vehicles.” Hosted by NEC member Nelson Mullins, the JetBlue and Massport, as well as a panel discussion highlighting event was the third in the Council’s New England Innovates the range of business opportunities in Cuba. Over 100 NEC series, which was created to highlight how New England members and guests attended the event, which was held at the businesses and organizations are leading the way in the Boston Harbor Hotel. innovation economy. Support for Port of Boston Modernization The event featured keynote remarks from Rep. Michael The continued growth of the Port of Boston in both stature Capuano (D-MA), a member of the House Transportation and economic activity requires modernization of New & Infrastructure Committee, who focused on the impact England’s only full-service container terminal. The Council of autonomous vehicle (AV) technology on employment has encouraged the U.S. Department of Transportation in the opportunities, public safety, and consumer privacy. Following past to support such efforts, and in September, the Council the Congressman’s remarks, a panel of NEC members discussed once again wrote to U.S. Transportation Secretary Elaine Chao some of the challenges and opportunities associated with AV to request that the Department approve the Massachusetts technology, as well as policy priorities related to the regulation Port Authority’s (Massport) application for a Better Utilizing of such technology. The panel was moderated by Greg May, a Investments to Leverage Development (BUILD) Grant to partner at Nelson Mullins, and featured the following panelists: support the continued development of the Port of Boston. The • Lloyd Albert, Senior Vice President, Public/Government Council stressed that Massport’s ongoing efforts are necessary Affairs, AAA Northeast to ensure the terminal can accommodate ever growing amounts of imports and exports and in turn support greater economic • Justin Holmes, Director, Corporate Communications and activity across New England. Public Policy, Zipcar • Chris Lowell, Principal, Corporate Strategy & Research, Briefing on Future of Transportation Report Liberty Mutual Insurance On December 19, 2018, the Transportation & Infrastructure • Charlene Stokes, Director of the Human-Machine Social Committee met in Boston to hear from guest speaker Steve Systems Lab, MITRE Corporation Kadish, former Chief of Staff to Massachusetts Governor and current Chairman of the Commission The panel covered a wide range of issues, including liability on the Future of Transportation in the Commonwealth. factors, the ease of use of this technology, safety concerns, The Commission was established by an Executive Order mobility for elderly and disabled populations, and infrastructure in 2018 to advise Governor Baker on how best to ensure requirements. Over 80 NEC members and guests attended “that transportation planning, forecasting, operations and the event. investments for the period from 2020 through 2040 can best account for likely demographic, technological, climate, and Business Opportunities with Cuba other changes in future mobility and transportation behaviors, In March 2018, the U.S. Department of Transportation needs and options.” Given the interconnectedness of the region’s announced that NEC member JetBlue had been selected to transportation systems, the Committee invited Mr. Kadish to provide direct air service from Boston’s Logan International present the Commission’s findings, released the week before the Airport to Havana, Cuba. The Council has repeatedly meeting. Some 30 members attended the lunch event, which was supported JetBlue’s applications to provide such service, given hosted by ML Strategies in Boston. the potential business and academic opportunities for New England businesses and institutions following the renewed

2018 ANNUAL REPORT 19 ANNUAL SPRING EVENT

Over 200 New England Council members gathered in our nation’s capital on May 9 and 10, 2018, for our Annual Spring Event. Among those members participating EVENTS in the two-day event were representatives from all six New England states and virtually every sector of the region’s economy.

We kicked off the Annual Spring Event on Wednesday, May 9, with a Federal Policy Briefing featuring several senior federal agency officials. The briefing was held at the historic Willard Intercontinental Hotel, just steps from The White House. Members heard from an impressive lineup of speakers, including Secretary of Housing and Urban Development Ben Carson, Senior Advisor to the Secretary of Education Diane Jones, Under Sen. Jeanne Shaheen and Mike McBride of BAE Systems. Secretary of Commerce for International Trade Glibert Kaplan, Commissioner Michael O’Rielly, of the Federal Communications Commission (FCC), and Assistant Secretary of Treasury for Public Affairs Tony Sayegh.

That evening, participants gathered in the Kennedy Caucus Room in the Russell Senate Office Building for our Annual Capitol Hill Reception. Always a highlight of the Annual Spring Event, most members of the New England Congressional delegation, as well as members of their staffs, attended the reception.

On Thursday, May 10, we were honored to welcome several members of Congress at a Congressional Breakfast at Charlie Palmer Restaurant at the foot of Capitol Hill. NEC members in attendance heard from U.S. Senator Jeff Flake (R-AZ), U.S. Sen. Susan Collins and Rekha Kamat of Dassault Systemes. Senator Ron Wyden (D-OR), U.S. Representative Charlie Dent (R-PA), and U.S. Representative Richard Neal (D-MA).

Following the breakfast, members broke off into smaller groups for a variety of policy committee meetings with Congressional staff and other federal officials.

Former Rep. Bill Delahunt of Eckert Seamans and Rep. John Larson.

20 2018 ANNUAL REPORT Tracey Flaherty of Natixis Investment Managers and Rep. Richard Neal and Board Member Connie Brennan of Sen. Jack Reed and Board Member Becca Gould of U.S. Secretary of Commerce Wilbur Ross. TD Bank. American Tower Corporation. large photo top: Ann Jablon of Capitol Counsel, Rep. Jim McGovern, and Board Member Deirdre Savage of Blue Cross Blue Shield of Massachusetts.

2018 ANNUAL REPORT 21 2018 ANNUAL DINNER

With over 1,700 members and guests in attendance, We were pleased to honor several distinguished recipients The New England Council’s 2018 Annual Dinner was this year: one of the largest and most successful in the Council’s EVENTS history. Held on October 11, 2018, at the Seaport Hotel/ General Joseph F. Dunford Jr. World Trade Center in Boston, the dinner was co-chaired Chairman of the Joint Chiefs of Staff by Darren Donovan, Managing Principal, New England & Upstate New York, KPMG, and Bob Rivers, Chairman Jeffrey Leiden, M.D., Ph.D. Chairman, President and CEO, Vertex Pharmaceuticals and CEO of Eastern Bank. Staff Sergeant (ret) Travis Mills The evening began with a performance by and U.S. Army Veteran and Founder, Travis Mills Foundation presentation of a special recognition to Rene Rancourt, a The Honorable Niki Tsongas singer who for some four decades performed the national U.S. House of Representatives anthem at Boston Bruins home games. The highlight of the evening was the presentation of the 2018 New Englander of the Year awards.

Dinner co-chair and Board Member Darren Donovan of KPMG and General Joseph F. Dunford Jr.

Staff Sergeant (ret) Travis Mills and Board Member Dennis Leonard of Delta Dental of Massachusetts.

22 2018 ANNUAL REPORT Rep. Niki Tsongas accepts her award from Staff Sergeant (ret) Travis Mills chats with fellow honoree Jack Connors presents Jeffrey Leiden of Gov. Charlie Baker. General Joseph F. Dunford Jr. Vertex Pharmaceuticals with his award. large photo top: NEC President & CEO Jim Brett, NEC Chairman John Hailer, General Joseph F. Dunford Jr., Jeffrey Leiden of Vertex Pharmaceuticals, Staff Sergeant (ret) Travis Mills, Rep. Niki Tsongas, and Rene Rancourt. 2018 ANNUAL REPORT 23 CONGRESSIONAL ROUNDTABLE SERIES

The Congressional Roundtable series offers New England Council members the opportunity to hear from and interact with members of Congress, including members EVENTS of the New England delegation, as well as leaders from other parts of the country who are working on issues of economic importance to our region. Throughout 2018, The New England Council hosted Congressional Roundtable events in all six New England states.

Connecticut Senator Chris Murphy Representative Joseph Courtney Representative Elizabeth Esty Rep. David Cicilline and Lloyd Albert of AAA Northeast. Representative Jim Himes Representative John Larson

Maine Senator Susan Collins Representative Chellie Pingree

Massachusetts Senator Ed Markey Senator Elizabeth Warren Representative Michael Capuano Representative William Keating Representative Stephen Lynch Representative Joseph Kennedy III Representative Jim McGovern Zenagui Brahim of the New Hampshire Manufacturing Extension Representative Seth Moulton Partnership and Sen. Maggie Hassan. Representative Richard Neal Representative Niki Tsongas Beyond New England Senator Doug Jones, Alabama New Hampshire Senator Maggie Hassan Senator Jeanne Shaheen The New England Council gratefully acknowledges the support Representative Ann Kuster of the MetroHartford Alliance, with whom we are proud to partner on all Connecticut events. Rhode Island Senator Jack Reed Senator Sheldon Whitehouse Representative Jim Langevin Representative David Cicilline

Vermont Representative Peter Welch

24 2018 ANNUAL REPORT Rep. Jim Lanvegin (C) with Alycia Pessoa and Rep. Seth Moulton and Board Member Peggy Ho of James Taiclet of American Tower Corporation and Steve Maurano, both of . LPL Financial. Rep. Richard Neal. large photo top: Board Member and Former Sen. Mo Cowan of GE and Sen. Elizabeth Warren.

2018 ANNUAL REPORT 25 CAPITAL CONVERSATIONS SERIES

The New England Council’s Capital Conversations series in Washington, DC, continued to be a popular forum for discussion of key issues before Congress in 2018, EVENTS both for Council members and for members of Congress. Similar to our Congressional Roundtable series in New England, Capital Conversations—first launched in 2013—features members of Congress and other key federal policy makers at breakfast forums in the nation’s capital. The goal of the series is to provide our members who are based in Washington with the opportunity to hear from Congressional leaders about their priorities and their work on key economic issues in a smaller forum conducive to questions and conversation. Bill Klein of MITRE Corporation and Rep. Jim Himes. The New England Council was pleased to host the following guests at our Capital Conversations series during 2018:

Senator Christopher Coons Senator Angus King Representative Katherine Clark Representative Jim Himes Representative Joseph Kennedy III Representative Stephen Lynch Representative Jim McGovern

Rep. Joe Kennedy and David Crane of Autodesk.

Sen. Angus King and Mary Thornton of Texas Instruments.

26 2018 ANNUAL REPORT Board Member Patricia Jacobs of AT&T and Evan Lewin of Boeing and Rep. Katherine Clark. Board Member Theresa Pattara of Iron Mountain and Sen. Chris Coons. Rep. Joe Kennedy. large photo top: Jennifer Grodsky of , Rep. Stephen Lynch, and Suzanne Day of .

2018 ANNUAL REPORT 27 POLITICS & EGGS SERIES

Taking advantage of New England’s unique position In advance of the 2020 Presidential election cycle, Politics as home to the nation’s first presidential primary in & Eggs hosted several high profile guests as they consider New Hampshire, the Politics & Eggs series was launched candidacy, as well as several respected national media EVENTS in 1995 as a forum for local business leaders to hear from figures in 2018: presidential candidates in an intimate setting as they visit the Granite State to campaign and build early support. Charlie Cook Since its inception, the breakfast series has played host Editor & Publisher, The Cook Political Report to nearly every major party presidential candidate and is today considered a “must-stop” on the presidential U.S. Senator Jeff Flake (R-AZ) campaign trail. In recent years, the series has expanded Former U.S. Attorney General Eric Holder to include nationally known political figures, analysts, Bill Kristol and respected journalists. Politics & Eggs is a partnership Founder & Editor-at-Large, The Weekly Standard between The New England Council and the New Hampshire Institute of Politics at Saint Anselm College. Former Governor Martin O’Malley (D-MD)

Former Attorney General Eric Holder and Board Member Christie Bik of Fallon Health.

President Stephen Di Salvo of Saint Anselm College and former Gov. Martin O’Malley.

28 2018 ANNUAL REPORT Bill Kristol and Board Member Greg Smith of Former Attorney General Eric Holder and Mike Vlacich Charlie Cook and Board Member John Pantano McLane Middleton. of the New Hampshire College and University Council. of Philips Healthcare. large photo top: Christiana Thornton of the New Hampshire Higher Education Assistance Foundation and Sen. Jeff Flake.

2018 ANNUAL REPORT 29 FEATURED PROGRAMS

Periodically throughout the year, The New England keynote remarks, a panel of NEC members representing Council hosts special events or roundtables with other diverse industries discussed how tax reform was affecting their key federal policy makers and regional leaders, as well sectors and their priorities for future changes to tax policy. EVENTS as forums to educate our members on important issues facing the business community. During 2018, the New England Innovates: Driving Forward with Autonomous Vehicles Council hosted a variety of featured programs: Hosted by Nelson Mullins on June 5, the third event in the Council’s New England Innovates series explored how New Breakfast with Boston Mayor Marty Walsh England organizations are leading the way in developing Mayor Marty Walsh spoke to over 200 Council members, autonomous vehicle technology, and the challenges and sharing his priorities for the year ahead, at a February 5 opportunities associated with this growing industry. breakfast forum hosted by Bank of America. Breakfast with British Ambassador Kim Darroch Financial Regulatory Reform Discussion with On September 7, Sir Kim Darroch, Britain’s Ambassador Sen. Angus King to the US, spoke to NEC members at a breakfast at Sen. King discussed his role in efforts to pass financial the Hampshire House about the important economic regulatory reform legislation at a special event on February relationship between New England and Britain, particularly 12, hosted by K&L Gates in Boston. in light of Brexit. Breakfast with Attorney General Maura Healey Breakfast with Gov. Chris Sununu Massachusetts Attorney General Maura Healey spoke to New Hampshire Gov. Chris Sununu updated Council Council members about her office’s work to combat the members on his efforts to promote economic growth in opioid crisis at a breakfast hosted by Bank of America in the Granite State at an October 4 breakfast at the Bedford Boston on March 20. Village Inn, sponsored by BAE Systems. Breakfast with Gov. Charlie Baker Business Opportunities in Cuba On April 12, Massachusetts Gov. Charlie Baker spoke to over On October 17, the Council joined with several other 300 NEC members about his priorities for the Bay State and organizations to host an event highlighting business his strong collaborative relationships with his fellow New opportunities in Cuba in light of the new JetBlue direct England governors at a breakfast hosted by Bank of America. service from Boston to Havana. Rep. Jim McGovern and Regional Energy Forum Cuban Ambassador José Ramón Cabañas each spoke at On April 27, the Council presented its third New England the event, which was held at the Boston Harbor Hotel. Regional Energy Forum, hosted by the New Hampshire New England Innovates: Leading the Way in FinTech Institute of Politics at Saint Anselm College. The well- On October 26, the Council presented a New England attended event featured keynote remarks from Gordon van Innovates event focused on FinTech at Bank of America Welie, CEO of ISO-New England. in Boston. Following keynote remarks from Craig Philips, NAFTA and the New England Economy Senior Counselor to the Secretary at the U.S. Department The Council partnered with the New England-Canada of Treasury, a panel of NEC members highlighted their own Business Council to present a special event highlighting work to develop and deploy financial technology. the importance of trade with Canada and Mexico to the Post-Election Analysis with Mark Shields New England Economy on May 24. Canadian Consul Veteran political columnist and commentator Mark Shields General David Alward and Mexican Consul General shared his analysis of the midterm elections and predictions Emilio Rabasa Gamboa each spoke, followed by a panel for the 2020 Presidential race at a breakfast at the Hampshire discussion featuring NEC members. The event was hosted House on November 15. Rasky Partners sponsored the event. by McDermott Will & Emery. Roundtable with Quebec Premier François Legault Tax Reform in New England: Regional Impact and Next Steps The newly-elected Premier of Quebec François Legault On June 4, Rep. Richard Neal headlined a special event— spoke to NEC members about the strong economic ties hosted by PwC in Boston—exploring the impact of tax between New England and Quebec at a special event hosted reform in New England. Following the Congressman’s by the Hampshire House on November 15.

30 2018 ANNUAL REPORT Attorney General Maura Healey and Board Member Mayor Marty Walsh and President Lee Pelton of Sister Paula Buley of Rivier College and Courtney Larkin of Travelers. . Gov. Chris Sununu. large photo top: Gov. Charlie Baker (C) with Miceal Chamberlain and Board Member Jim Mahoney, both of Bank of America.

2018 ANNUAL REPORT 31 ABOUT THE COUNCIL DC DIALOGUE

Each month, The New England Council partners with Guests appearing on “DC Dialogue” in 2018 included: New England Cable News (NECN) to produce “DC Consul General David Alward Dialogue,” a half-hour public affairs discussion show Consulate General of Canada in New England airing on NECN on Sunday mornings and evenings. David DeGiusto New England Council President & CEO Jim Brett serves RSM as the show’s regular panelist. Peter Howe, Senior Andrew Dreyfus Advisory at Denterlein and former longtime business Blue Cross Blue Shield of Massachusetts reporter, joined the show as the host in the fall. Paul Gentile Cooperative Credit Union Association Through thoughtful discussions with key federal policy makers, regional business leaders, and economic and Mary Grant political experts, “DC Dialogue” explores decisions made Edward M. Kennedy Institute for the on Capitol Hill and their impact on the New England Steve Grossman economy. During 2018, the show explored a wide range Institute for a Competitive Inner City of important issues, including international trade, U.S. Representative Richard Neal cybersecurity, global health and nutrition, tax reform, James Pindell healthcare policy, economic development, and regional and national politics. Navyn Salem Edesia Peter Sherlock The MITRE Corporation Mark Shields Nationally syndicated political columnist U.S. Representative Lori Trahan

DC Dialogue host Peter Howe, Jim Brett, and Rep. Lori Trahan on set.

32 2018 ANNUAL REPORT BOARD OF DIRECTORS ABOUT THE COUNCIL

Chaired by John Hailer, President, 1251 Capital Group, The New England Council’s Board of Directors includes some of the top executives at New England’s most well-known and highly respected institutions. Bringing expertise from a wide range of industries and a deep understanding of the unique elements of the New England economy, the board works closely with Council staff to identify issues and policies in which the Council should be engaged, to shape the council’s policy positions, and to develop high-quality programming for members.

The following is a list of board members as of December 2018.

CHAIR Christienne K. Bik John T. Hailer Director of Government Affairs President and Public Policy 1251 Asset Management Fallon Health Boston, MA Worcester, MA

VICE CHAIR Peter T. Bowman Patricia Jacobs Vice President – State Government Affairs, President New England AT&T New England Verizon Boston, MA Boston, MA Pam Everhart of Fidelity Investments, Sen. Elizabeth Warren, and Laura Peabody TREASURER Connie L. Brennan of Partners HealthCare. John W. Stadtler Senior Vice President, Partner and PwC Financial Services Northern Group Manager Joseph Dalton Industry Leader TD Bank Director, Government & Regulatory Affairs PwC Portland, ME ENGIE North America Boston, MA Charlestown, MA Greg Butler SECRETARY Executive Vice President Gerald “Jerry” Daly James T. Brett and General Counsel Senior Vice President President & CEO Eversource Energy Optum The New England Council Hartford, CT Hartford, CT Boston, MA Elizabeth A. Chace-Marino Robert A. DiMuccio Dr. Joseph Aoun Manager, Government Affairs Chairman, President and CEO President Retail Business Services LLC, Amica Mutual Insurance Company Northeastern University an Ahold Delhaize Company Lincoln, RI Boston, MA Quincy, MA Steven R. DiSalvo Joseph Baerlein Kevin C. Conroy President President Partner Saint Anselm College Baerlein Partners LLC Foley Hoag LLP Manchester, NH Boston, MA Boston, MA Darren Donovan Joseph J. Barry William “Mo” Cowan Managing Principal, Senior Vice President – Regulatory, President, Global Government Affairs New England & Upstate NY Industry and Government Affairs and Policy KPMG LLP State Street Corporation GE Boston, MA Boston, MA Boston, MA Pamela D. Everhart Elizabeth C. Barton Thomas Croswell Senior Vice President, Regional Public Partner President and CEO Affairs and Community Relations Day Pitney LLP Tufts Health Plan Fidelity Investments Hartford, CT Watertown, MA Boston, MA

2018 ANNUAL REPORT 33 ABOUT THE COUNCIL BOARD OF DIRECTORS CONTINUED

Joseph Fay Patrick Griffin Dennis J. Kearney General Counsel Founding Partner + CEO Partner Yankee Atomic Electric Company Merrimack Potomac + Charles Kearney, Donovan & McGee, P.C. East Hampton, CT Boston, MA Boston, MA

Paige Fetzer Kevin R. Hennessy John D. Keenan Director, Global Government Affairs State Policy Director – New England President and Public Policy Dominion Energy Salem State University Dell Waterford, CT Salem, MA Hopkinton, MA Edmund C. Kenealy John F. Fitzgerald Senior Vice President, Deputy General Partner Counsel & Chief Public Affairs Officer New Boston Strategies Group Liberty Mutual Insurance , MA Boston, MA

Thomas F. Flaherty Victoria Reggie Kennedy Vice President Senior Counsel Sprague Operating Resources LLC Greenberg Traurig, LLP Portsmouth, NH Boston, MA

Michael Flammia William F. Kennedy Member & Chair, Board of Directors Kevin McGovern of Deloitte and Sen. Jeff Flake. Partner Eckert Seamans Nutter, McClennen & Fish LLP Boston, MA Boston, MA Peggy L. Ho Thomas F. Flannery Executive Vice President, Thomas Kershaw Co-Leader, Americas Wealth Government Relations Owner & President and Asset Management LPL Financial The Hampshire House Ernst & Young LLP Boston, MA Boston, MA Boston, MA Thomas F. Holt, Jr. Courtney Larkin William J. Geary, Esq. Partner Vice President of Government Relations External Counsel K&L Gates LLP Travelers Clean Harbors Environmental Services, Inc. Boston, MA Hartford, CT Quincy, MA Matthew S. Houde Todd J. Leach David Goggin Vice President of Government Relations Chancellor Executive Director, Dartmouth-Hitchcock University System of New Hampshire State Government Affairs & Policy Lebanon, NH Concord, NH Amgen Inc. James W. Hunt, Jr. Cambridge, MA Dennis J. Leonard President & CEO President Becca Gould MA League of Community Health Centers Delta Dental of Massachusetts Senior Vice President, Public Affairs Boston, MA Boston, MA American Tower Corporation Ryan E. Hutchins Boston, MA Lauren Liss Senior Vice President President & CEO James A. Grasso Gilbane Building Company MassDevelopment President & CEO Boston, MA Boston, MA Grasso Associates, LLC Mark C. Kalpin Needham, MA Ray Long Partner Senior Vice President, External Affairs Holland & Knight LLP Clearway Energy Group Boston, MA Glastonbury, CT

34 2018 ANNUAL REPORT ABOUT THE COUNCIL

Christopher J. MacKenzie Matthew F. Power Market Managing Partner – Massachusetts President, National Branch RSM Lexington Insurance Company Boston, MA Boston, MA

James Mahoney Mike Prentiss Global Public Policy Executive Senior Manager, State Government Relations Bank of America & Global Government Communications Boston, MA Procter & Gamble Boston, MA Paul Mattera Ex Officio Rep. Chellie Pingree and Joanne Sullivan of the Kenneth K. Quigley, Jr. Federal Home Loan Bank of Boston. 16 Fuller Avenue President Swampscott, MA Curry College Robert C. Murray Milton, MA Timothy C. McDougald President Managing Director, Bond Brothers, Inc. Kevin J. Rasch New England Operations Leader Medford, MA Vice President Government Affairs Marsh USA Inc. and Programs Joseph R. Nolan, Jr. Boston, MA Harvard Pilgrim Health Care Senior Vice President, Corporate Relations Wellesley, MA Eversource Energy Boston, MA Thomas D. Rath Managing Partner Christopher Oddleifson Rath, Young and Pignatelli, P.A. CEO Concord, NH Rockland Trust Rockland, MA Marcy L. Reed President, MA and EVP US Policy John Pantano & Social Impact Alliance Director National Grid USA Philips Healthcare Waltham, MA Andover, MA Ken Robinson of Citizens Bank and Rep. Jim Langevin. Mark E. Reilly William M. Parent Senior Vice President Government & President and CEO Regulatory Relations, Northeast Division Kevin M. McGovern Blue Hills Bank Comcast Cable Communications Managing Partner, New England Norwood, MA Manchester, NH Deloitte Boston, MA Theresa Pattara Vice President, North America Marty Meehan Government Affairs President Iron Mountain University of Massachusetts Boston, MA Boston, MA Laura S. Peabody Dianne M. Mercier Chief Legal Officer and General Counsel President – New Hampshire Partners HealthCare System, Inc. People’s United Bank Somerville, MA Manchester, NH Michele D. Perkins Edmund F. Murphy, III President Rep. Richard Neal and Alison Weiss of MassMutual. President & CEO New England College Empower Retirement Henniker, NH Boston, MA

2018 ANNUAL REPORT 35

Lowell, MA Daniel Walker W. Chair, Government Affairs Practice Group PretiFlaherty ME Augusta, Leigh Walton Vice President, Global Government Regulatoryand Affairs Inc. Bowes Pitney Stamford, CT Alison Weiss GovernmentHead Relations MassMutual Springfield, MA Jesse O. Villarreal O. Jesse Executive VicePresident, Head of Government Relations Public/Regulatoryand Policy Santander MA Boston, Christopher Vincze P. Chairman and CEO TRC Companies, Inc.

CONTINUED

Managing Director, State Capitol Office Capitol State Director, Managing McLane Middleton Concord, NH Joanne M. Sullivan Vice President & Director of Government Communityand Relations Federal Loan Home Bank Boston MA Boston, Graham Shalgian Manchester,NH Smith H. Gregory Senior Vice PresidentSenior Vice Rasky Partners, Inc. MA Boston, Peter H. Sherlock Senior Vice President & Officer Operating Chief MITRE Corporation The Bedford, MA Michael J. Shultz Vice President, Regulatory & Public Policy Consolidated Communications

John Hancock John MA Boston, Deirdre Savage W. Vice President of Government Regulatoryand Affairs CrossBlue Shield Blue Massachusetts of MA Boston, Manchester, NH Thomas E. Samoluk Vice President & Counsel, Services Investigative & Affairs External Devine Strategies BOARD OF DIRECTORS OF DIRECTORS BOARD Robert Rivers F. President Chairman and Chief Executive Officer Executive Chief and Chairman Eastern Bank MA Boston, Robinson Ken Senior Vice President and Affairs Government of Director Bank Citizens Providence, RI R. Rosenberger Teresa 36 2018 ANNUAL36 2018 REPORT ABOUT THE COUNCIL MEMBERS ABOUT THE COUNCIL

The following is a list of all New England Council members as of December 2018. New members who joined the Council during 2018 are denoted by an asterisk (*).

Arden Corporation Boston Children’s Hospital Arent Fox LLP Boston Foundation Ascentria Care Alliance Boston Harbor Hotel Association of Independent Colleges and Boston Harbor Now Universities in Massachusetts (AICUM) Boston Home Association of Independent Colleges Boston Private Bank & Trust Company and Universities of RI Boston Red Sox Assumption College Boston Scientific Ed Donahue of Aflac and Rep. Bill Keating. AT&T Boston University Autodesk, Inc. 1251 Capital Group Brain Aneurysm Foundation AutoFair Automotive Group AAA Northeast Brandeis University AARP Brennan Group, Inc. BAE Systems, Inc. ABBYY Language Solutions* Bridgewater State University Baerlein Partners LLC ABIOMED, Inc.* Bridgewell Bank of America ActBlue British Consulate-General Boston Bank of Canton Advocates* Brookfield Renewable Bar Harbor Bank & Trust Aflac Brookline Bank* Barron Associates/Denterlein Agency 451 Brown Brothers Harriman Beacon Capital Partners, LLC Air Charter Team, Inc.* Brown Rudnick LLP Beacon Health Options Akin, Gump, Strauss, Hauer & Feld LLP Brown University Becker College Alliance of Massachusetts YMCAs* Bedford Village Inn Alternate Concepts, Inc. Bellwether Community Credit Union Altria Client Services Benjamin Franklin Institute of Technology Alzheimer’s Association, MA/NH Chapter Bernstein Shur Ameresco, Inc. Beth Israel Deaconess Medical Center American Airlines Beveridge & Diamond PC American Hospital Association Biogen American Red Cross of Massachusetts Bi-State Primary Care Association American Student Assistance Katrina Iserman of Sunovion Pharmaceuticals Blue Cross Blue Shield of Massachusetts and Rep. Ann Kuster. American Tower Corporation Blue Cross Blue Shield of Vermont Amgen Blue Hills Bank Amica Mutual Insurance Company Building & Construction Trades Council BlueHub Capital Anbaric Development Partners Bunker Hill Community College Boeing Company* Anna Maria College Burson Cohn & Wolfe Bond Brothers, Inc. Anthem Blue Cross Blue Shield of Cambridge College* Boston Beer Company New Hampshire Cambridge Trust Company Boston Celtics API/Massachusetts Petroleum Council* Capital Advocates, LLC

2018 ANNUAL REPORT 37 ABOUT THE COUNCIL MEMBERS CONTINUED

Capitol Counsel LLC College of the Holy Cross Dell Carbon Finance Strategies LLC Colwen Hotel Management Company* Deloitte Card & Associates Comcast Cable Communications Delta Dental of Massachusetts Cardinal Cushing Centers, Inc. Commission on Institutions of Demers, Blaisdell & Prasol, Inc. Higher Education* Carol McKean Events Denterlein Commodore Builders Castle Group Commonwealth Care Alliance Catholic Medical Center Commonwealth Corporation Catholic Memorial School* Community Credit Union CBIA Community Resources for Justice* Celgene Corporation* Conference of Boston Teaching Hospitals Centene Corporation Conn Kavanaugh Rosenthal Peisch & Central Maine Power Company Ford, LLP Charles River Associates Connecticut Airport Authority Chelsea Clock Connecticut Center for Advanced Sen. Angus King and Tanya Duncan of the CIANBRO Technology, Inc. Massachusetts Bankers Association. CIBC Private Wealth Management Connecticut Conference of Citizens Bank Independent Colleges DePrisco Jewelers City of Boston Conquez USA* Devine Strategies City of Portland Consolidated Communications, Inc. Dewey Square Group City of Providence Construction Industries of Massachusetts Disability Law Center, Inc. Clean Energy Consulate General of Canada DLA Piper, LLP Clean Harbors Environmental Services, Inc. Consulate General of Ireland Dominion Energy CM&B* Consulate General of Israel Doosan Fuel Cell America, Inc. Consulate General of Japan in Boston DraftKings Inc. Conventures Drew Company, Inc. Cooperative Credit Union Association Drexel University CRES Forum Duane Morris LLP CTP East Boston Neighborhood Health Center Currier Museum of Art* Easter Seals Massachusetts Curry College Eastern Bank D.L. Saunders Real Estate Corp. Eckert Seamans Dana-Farber Cancer Institute Economic Development Research Mark Shields and Board Member Bill Geary of Group, Inc. Clean Harbors. Dartmouth College Dartmouth-Hitchcock EDC Edesia Inc.* Coalition of Northeastern Governors Dassault Systemes Edward M. Kennedy Institute for the Codman Square Health Center Davis, Malm & D’Agostine, P.C. United States Senate College Board Day Pitney LLP Effective Advocates, LLC College of Technology – Regional Center Dean College Electric Supply Center* for Next Generation Manufacturing Deepwater Wind

38 2018 ANNUAL REPORT ABOUT THE COUNCIL

Eli Lilly & Company Go Global LLC Emera Energy GoffWilson, P.A. Emerson College Google Emirates Airline Granite State Independent Living Emmanuel College Grasso Associates, LLC Enbridge Greater Boston Food Bank* Endicott College Greater Boston Real Estate Board ENGIE North America Greater Lawrence Family Health Center Sen. Sheldon Whitehouse and Rachel Kaprielian Entergy Greater Providence Chamber of Commerce of McDonald’s Corporation. ERA Dawson-Bradford Realtors Green Berkshires Inc. Ernst & Young LLP Greenberg Traurig, LLP IUPAT District Council 35 Eversource Energy Greentown Labs JetBlue Airways Corporation Eye Health Services, Inc. H.Q. Energy Services Inc. Jet-Mail* Fallon Health Haley Associates LLC JFYNetWorks FCHEA Harbor Health Services, Inc. John Hancock Fedcap Rehabilitation Services, Inc./ Harvard Pilgrim Health Care Johnson & Wales University Community Work Services Harvard Street Neighborhood Johnston Associates Federal Home Loan Bank Health Center Jumpstart Ferriter Scobbo & Rodophele PC Harvard University K&L Gates LLP Fidelity Investments Hawthorne Hotel Karol Group Fisher College Health Care For All Kearney, Donovan & McGee, P.C. Fitchburg State University Health Leads Keegan Werlin LLP Foley Hoag LLP Hill Holliday Keith Properties, Inc Foley Law Offices, P.C. Hilltop Public Solutions Keolis North America Foundation Medicine Hinckley Allen Keville Enterprises, Inc. Framingham State University HNTB Corporation* Keyser Public Strategies* Franklin Pierce University Holland & Knight LLP Koya Leadership Partners* Freedom Energy Logistics, LLC Hospital Association of Rhode Island KPMG LLP Frier Levitt Government Affairs Hoyle, Tanner & Associates, Inc. Lahey Health System Garrand Partners* HUB International New England, LLC* Laird Institute of Spa Therapy* General Dynamics Hypertherm, Inc. Lasell College General Electric IBM Corporation Leader Bank Generation Citizen Indigo Ag, Inc.* Lexington Insurance Company Genzyme Institute for Community Inclusion Liberty Mutual Group Get Your Edge Institute for Human Centered Design Liberty Square Group GFS Building Maintenance* International Association of Fire Fighters Liberty Utilities Gilbane Building Company International Council of Shopping Centers Locke Lord LLP Girl Scouts of Eastern Massachusetts Iron Mountain Lowe’s Companies* Global Leadership Institute Iroquois Gas Transmission System LPL Financial Global Partners LP* ISO New England LStar Ventures*

2018 ANNUAL REPORT 39 ABOUT THE COUNCIL MEMBERS CONTINUED

Lynch Associates, Inc. McDonald’s Corporation-Boston/ Nelson Mullins Public Strategies Group New England Region* MacFarlane Energy New Balance Athletics, Inc. McGlynn & McGlynn Maine Credit Union League* New Boston Strategies Group McLane Middleton Maine Medical Association New England Association of Schools McWade Group, Inc. and Colleges Maine MEP Mentor Network New England Board of Higher Education Maine State Chamber of Commerce Mercer New England Cable and Manchester-Boston Regional Airport Telecommunications Association, Inc.* Mercury Systems Marsh & McLennan Agency New England New England Center for Children Marsh USA, Inc. New England College Merrimack Potomac + Charles MASCO New England College of Optometry MetroHartford Alliance Mass Bay Credit Union New England Educational Metropolitan Area Planning Council Mass Insight Education* Opportunity Association Microsoft Corporation Massachusetts Association of Health Plans New England Fuel Institute Middleton & Shrull, LLC* Massachusetts Association of New England Motion Picture and School Committees MilliporeSigma Television Producers Association Massachusetts Bankers Association MITRE Corporation New England Power Generators Association Massachusetts College of Art and Design ML Strategies New England States Consortium Systems Massachusetts College of Pharmacy and Mohegan Tribe Org. (NESCSO) Health Sciences Monadnock Paper Mills, Inc. Massachusetts Community Colleges Montserrat College of Art* Executive Office Morgan Stanley Wealth Management Massachusetts Convention Center Authority Morgan, Brown & Joy, LLP Massachusetts Eye and Ear Infirmary Morgan, Lewis & Bockius LLP* Massachusetts Fallen Heroes Memorial Fund Morrison Mahoney LLP* Massachusetts Health & Morrissey & Associates, LLC Hospital Association Mosquito Shield Massachusetts Institute of Technology Moynihan Group LLC Sen. Jack Reed and Joe Donovan of Massachusetts League of Community MSA Security Nelson Mullins. Health Centers Murphy, Hesse, Toomey & Lehane LLP Massachusetts Maritime Academy Museum of Fine Arts, Boston New England Tractor Trailer Massachusetts Medical Society Training School* National Association of Massachusetts MEP Government Employees New Hampshire Bankers Association Massachusetts Port Authority National Association of Mutual New Hampshire College and University Council Massachusetts Society of CPAs* Insurance Companies New Hampshire Higher Education Massachusetts Technology Collaborative National Fire Protection Association Assistance Foundation Massachusetts Water Resources Authority National Grid USA New Hampshire Institute of Art Massasoit Community College Natixis Investment Managers New Hampshire MEP MassDevelopment NBCUniversal/necn New Hampshire Public Broadcasting MassMutual* Neighborhood Health Plan NewStar Financial, Inc. McDermott Will & Emery LLP Nellie Mae Education Foundation

40 2018 ANNUAL REPORT ABOUT THE COUNCIL

Next Step Bionics and Prosthetics Inc. Paul Frank + Collins P.C. RISCPA NextEra Energy Resources Payer Technologies, Inc. Rising Tide Associates, LLC NH Brown Law* Pease Development Authority Rivier University Norel Service Company, Inc. People’s United Bank, N.A. Rockland Trust Norman Hanson & DeTroy LLC Perkins School for the Blind Roosevelt Group Normandeau Associates, Inc. Philips Healthcare Ropes & Gray LLP* Pilgrim Strategies, LLC RSM Pine Street Inn* Rubin and Rudman LLP Pioneer Valley Planning Commission Ruderman Family Foundation Pitney Bowes Inc. Saint Anselm College Plumbers and Gasfitters Local Union 12 Saint Joseph’s College of Maine Plymouth 400 Inc. Salem Five* Polar Beverages Salem State University Pomerleau Real Estate Santander POWER Engineers, Inc. Sasaki Associates, Inc. Rear Admiral Francis McDonald of PretiFlaherty Saul Ewing Arnstein & Lehr LLP* Massachusetts Maritime Academy and Rep. Katherine Clark. Providence College SCI Public Employee Retirement Scientific Management Techniques, Inc.* Northeast Arc Administration Commission Scully Construction Northeast Delta Dental* Public Strategies Washington, Inc.* Serlin Haley LLP Northeast Gas Association Purdue University Global Seven Hills Foundation Northeast Public Power Association* Putnam Investments Seyfarth Shaw LLP Northeastern Retail Lumber Association PwC Shawsheen Valley Regional Technical Northeastern University Quebec Government Office School District Northern Essex Community College Quincy 2000 Collaborative Sheehan Phinney Bass & Green PA Northwind Strategies Rapid7* Sherrill House, Inc. Novartis* Rasky Partners, Inc. Shire* Novo Nordisk Inc. Rath, Young & Pignatelli, PA Sig Sauer NRG Energy, Inc. Recovery Centers of America at Danvers* Slowey/McManus Communications Nutter, McClennen & Fish LLP Red Sox Foundation and Massachusetts Smith & Rauschenbach NxStage Medical, Inc. General Hospital Home Base Program Smith Dawson & Andrews Old Sturbridge Village RedBlack Software Smith, Costello & Crawford Omni Hotels & Resorts Regis College SMR Consulting, Inc. O’Neill and Associates Retail Business Services LLC, an Ahold South Shore Bank Delhaize Company OpenCape Corporation South Shore Chamber of Commerce Retailers Association of Massachusetts Optum South Shore Health System* Rhode Island Association of Orr & Reno School Committees Southern Maine Community College ørsted Rhode Island College Southern New Hampshire University P&G Gillette Rhode Island School of Design Southwest Airlines Partners HealthCare System, Inc.

2018 ANNUAL REPORT 41 ABOUT THE COUNCIL MEMBERS CONTINUED

Sprague Operating Resources LLC University of Hartford Sproul Company (TSC)* University of Massachusetts St. Mary’s Bank University of New England State House News Service University of Rhode Island State Street Corporation University System of New Hampshire State Universities of Massachusetts Council UPS of Presidents USS Constitution Museum Steward Health Care System, LLC Vacovec, Mayotte & Singer LLP Stonehill College Veolia Strategy Group, Inc. Veracode Sturm, Ruger and Company, Inc. Verastem, Inc.* Suffolk Construction Verizon Suffolk University Vermont Teddy Bear Company Sunovion Pharmaceuticals Inc. Verrill Dana LLP SunTrust Robinson Humphrey Vertex Pharmaceuticals Taj Boston VMEC TD Bank Walker TD Garden WBUR/Boston University Texas Instruments WBZ TV The Duprey Company, LLC WCV B-T V The Hampshire House Webster Bank, N.A. The MEMIC Group Wells Fargo Private Bank The Savings Bank Mutual Life Insurance Wentworth Institute of Technology Company of Massachusetts WEX Inc. TransAction Associates, Inc. Willis Towers Watson TransCanada Willwork, Inc. Exhibit & Event Services Travelers Companies, Inc. WilmerHale TRC Companies, Inc. Wilmington Trust, N.A./M&T Bank* Tremont Strategies Group Wolf & Company, P.C.* Tufts Health Plan Woods Hole Oceanographic Institution Tufts University Worcester Polytechnic Institute Turkish Airlines Worcester State University Two Rivers – Ottauquechee Regional Commission WORK Inc. Tyco/Simplex Grinnell WSW* UMass Memorial Medical Center Yankee Atomic Electric Company United Brotherhood of Carpenters York County Community College United Way of Massachusetts Bay and Youth Villages, Inc. Merrimack Valley Zipcar Unitil

42 2018 ANNUAL REPORT ABOUT OUR 2018 ANNUAL REPORT SPONSORS

AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, mobile, high speed Internet and voice services. We’re the world’s largest provider of pay TV. We have TV customers in the U.S. and 11 Latin American countries. We offer the best global coverage of any U.S. wireless provider. And we help businesses worldwide serve their customers better with our mobility and highly secure cloud solutions.

Additional information about AT&T products and services is available at http://about.att.com. Follow our news on Twitter at @ATT, on Facebook at http://www.facebook.com/att and YouTube at http://www.youtube.com/att.

Liberty Mutual’s purpose is to help people embrace today and confidently pursue tomorrow. Keeping this promise means we are there when our policyholders throughout the world need us most.

In business since 1912, and headquartered in Boston, Mass., today we are a leading global insurer with operations in 30 countries and economies around the world. We are the fourth largest property and casualty insurer in the U.S. based on 2016 direct written premium data as reported by the National Association of Insurance Commissioners. We also rank 75th on the Fortune 100 list of largest corporations in the U.S. based on 2016 revenue. As of December 31, 2016, we had $38.3 billion in annual consolidated revenue.

We employ more than 50,000 people in over 800 offices throughout the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, commercial automobile, general liability, property, surety, workers compensation, specialty lines, and reinsurance.

You can learn more about us by visiting www.libertymutualinsurance.com.

New England Council Event Photography by Image Photo (Margaret Brett) and Risdon Photography The New England Council gratefully acknowledges AT&T and Liberty Mutual Insurance for their support in the production of this report.

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