<<

2016 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

, energy, transportation, technology and innovation,

healthcare and financial services. TABLE OF CONTENTS

President’s Letter ...... 2

Chairman’s Letter ...... 3

ADVOCACY AND INITIATIVES

Overview 4

Advanced Manufacturing ...... 5

Energy and Environment 6

Financial Services ...... 8

Healthcare ...... 11

Higher Education ...... 13

Technology 15

Trade ...... 16

Transportation ...... 17

EVENTS

Annual Spring Event ...... 18

Annual Dinner 20

Congressional Roundtable Series 22

Capital Conversations Series ...... 24

Featured Events 26

Politics and Eggs Series 28

ABOUT THE COUNCIL

DC Dialogue 29

Board of Directors ...... 30

Members ...... 33

Jim Brett (center) with Sen. (left) andRep. Joe Kennedy (right) at his Action for Community Development Hall of Fame induction ceremony. Photograph provided by Don West I am proud to share with you The New EnglandAnnual Council’s 2016 Report, which chronicles all these of achievements, and I look forward to working with our members in the year ahead toward our shared goals economic of growth and a high quality life of in this As a result this of effective work, membership continued with to grow a variety in 2016 businesses of and organizations throughout New England joining the Council. were honored to welcome over 50 new We members bringing in 2016, our total membership to over organizations. and businesses 500 Throughout the year, our members were actively engaged in our policy committees as the Council advocated for a variety policies of that impact the economic well-being our of region. The Council published several informative and well-received reports during 2016, including a comprehensive review energy the of region’s landscape, and a directory partnerships of between higher education institutions and the employers. Council In 2016, weighed in a variety on federal of legislation, including measures to protect intellectual property, Newpromote England exports, encourage college savings, and to invest in small business innovation. The Council’s two signature events—the Annual Spring in Event Washington, DC, and the Annual Dinner—were both tremendously successful. Over 200 Council members participated in the Annual Spring where Event, they heard from leaders in President Obama’s Administration about priorities for their final year office,in and hadopportunity the to meetwith many members ofthe Congressional delegation at our Capitol Hill Reception. Annual Our 2016 Dinner in November was the largest in the Council’s history, with over 1,800 New England Council members and friends gathering our to honor remarkable New Englanders the of Year: Former Ambassador Nicholas Burns, Olympian Abbey D’Agostino, GE Chairman and CEO Jeff Immelt, and Governor Gina Raimondo. It is exaggerationIt no was to say that the of one Council’s 2016 busiest and most successful years to date. Council members in all six New England states came together for a wide range events of throughout year’s end, By the Council 2016. hosted over 60 programs, ranging from Congressional Roundtables with many members the of New England delegation, to Capital Conversations breakfasts in Washington, DC, to a variety other of informative programs issues on that are critical continued to welcome We to our economy. national political figuresPoliticsour to and Eggsprogram, which we co-host with New the Hampshire InstitutePolitics.We of also launched a new event series, “New England Innovates,” to foster an ongoing dialogue about New how England can continue to maintain our edge as a global innovation hub. Thewas year remarkably 2016 historic and memorable many on fronts. me personally, For marked it 20th my anniversary as the President and Chief Executive Officerof New The England Council. I could not have imagined1996, in as I took the reinsof what was then an organization very much at a crossroads, much how the Council would grow and evolve over the next two decades. I am incredibly all proud of that The New England Council has accomplished over these past 20 years, and endlessly grateful to our members for their support and participation. James T. BrettJames T. President and CEO Sincerely, region we are all so proud to call home. 2 2016 ANNUAL ANNUAL2 2016 2 2016 REPORT REPORT PRESIDENT’S LETTER CHAIRMAN’S LETTER

2016 ANNUAL2016 REPORT 3 John Hailer and former Sen. Christopher Dodd at a Board Meeting in Washington, DC.

John Hailer Sincerely, Chairman I want to thank you for your continued support The of New England Council. The successes highlight 2016 of the importance of public and private collaboration, and The New England Council will be an active voice advancing regional priorities in the coming proud thatyear. our I’m region will also continue to lead by example, to show what is possible when we together work and invest in our communities to make all New of England stronger. This past year was also growth of one for The New England Council. were pleased We to welcome than more 50 new member organizations from across the region, representing a variety industries. of also We hosted the largest and most successful Annual Dinner in New England Council history with than more 1,800 business and community leaders attending. Another major focus was energy in 2016 policy. The New England Council hosted a Regional Energy Forum in that brought together diverse stakeholders to explore collaborative approaches to meeting energy the region’s needs. In October, The New England Council published a comprehensive report energy the on region’s market, which has become a major resource for policymakers working to address our energy challenges in this rapidly evolving landscape. The Council launched a new “New England Innovates” initiative that highlights thriving our region’s innovation economy and that identifiesnew opportunities for collaboration and growth. helpedwe In secureMay, passageof important federal intellectualproperty legislation that protects American innovation and jobs. This fall, the Council also issued a major report highlighting successful industry- education partnerships, which are critical to our regional economy and that enable us to compete globally. Our region continues substantial to enjoy economic growth and opportunity, The New and England in 2016 Council provided leadership a variety on economic of issues critical to this success. Thank you for your continued investment in The New England Council over the past year. little There’s will that doubt 2016 be most remembered for the unprecedented presidentialelection that America experienced and a brand political of rhetoric that is unlike anything we have seen in than more a century. In the midst these of challenges and changes, proud that The I’m New England Council embraces bipartisan cooperation and a regional approach to policymaking that brings together the best ideas and minds from the public and private sectors. ADVOCACY INITIATIVES AND OVERVIEW Throughout 2016, The New England Council continued its work to advocate for federal policies that will promote innovation and economic growth, foster a positive business climate, and ensure that our region has the talented workforce needed to compete in the 21st century global economy. Congress continued to grapple with an intense partisan divide throughout the year, and the 2016 Presidential election was an underlying force in most policy debates. Despite these challenges, the Council worked to ensure that Mike McBride of BAE Systems and Rep. Ann Kuster at a breakfast the New England business community’s priorities in Bedford, NH. and concerns were communicated to our region’s representatives on Capitol Hill and to leaders in various federal agencies. In addition to an array of advocacy efforts, the Council also convened a number of informative meetings and events throughout the year, featuring members of Congress, other federal policy makers, and industry experts, to help Council members understand and navigate the many challenging issues facing the business community.

Sen. Ed Markey and Board Member Mark Reilly of Comcast at a Congressional Roundtable.

Board Member Ed Kenealy of Liberty Mutual and Rep. Michael Capuano at a breakfast in Boston.

4 2016 ANNUAL REPORT ADVANCED MANUFACTURING ADVOCACY INITIATIVES AND

New England has a rich history as home to a thriving manufacturing industry. Samuel Slater launched America’s Industrial Revolution over 200 years ago, and for generations mill towns dotted the landscape of New England, from Lewiston-Auburn, Maine; to Manchester, New Hampshire; to Lowell, and beyond. While more traditional forms of manufacturing have been on the decline in the region in recent years, there is great potential for economic growth in the so-called “advanced manufacturing” sector. Advanced manufacturing is that which harnesses significant training and well-honed skills to develop highly specialized products in industries such as aerospace, life sciences, medical devices, semi-conductors and nano-technology. As home to both educational Jim McGaugh of GE and Gov. Gina Raimondo. institutions and industry leaders, New England’s clusters of innovative research are an important economic driver. In 2014, the Council formally established an Advanced Manufacturing Working Group, and in 2016 continued to promote the findings and recommendations of the April 2015 NEC-Deloitte “Advanced to Advantageous” report to advocate for this growing sector and promote regional collaboration in support of advanced manufacturing.

New England Advanced Manufacturing Policy Summit On December 15, 2016, members of The New England Council’s Advanced Manufacturing Working Group met at ’s George J. Kostas Research Institute for Homeland Security in Burlington, MA, for a New England Advanced Manufacturing Policy Summit. The goal of the Rep. Joe Kennedy and Board Member Marty Jones of summit was two-fold. First, participants explored recent MassDevelopment. innovative policies and programs adopted by New England manufacturers and institutions of higher education that help Larry Robinson, Center Director for the Maine Manufacturing train workers for existing jobs and promote and strengthen Extension Partnership (MEP); and Lizzi Ross, Associate New England manufacturing’s competitive advantage. Director for Executive Education and Professional Studies And second, members also began the process of developing a at the Rhode Island School of Design (RISD). “Make It In New England” Legislative Agenda, suggested policy proposals based on the recommendations of the NEC-Deloitte Following the panel discussion, the conversation turned to “Advanced to Advantageous” report for the members of the policy solutions to challenges facing the region’s manufacturers New England Congressional delegation in the 115th Congress and those assisting industry in training a skilled workforce. to introduce and support. In particular, the dialogue focused on three key areas: aligning policy with the needs of industry including small and medium- The Summit featured a panel discussion with New England sized enterprises (SMEs); promoting workforce development Council members from across the region who are engaged and job training initiatives; and rebranding advanced in transformation and innovation to speak about their new manufacturing. NEC members offered suggestions that will processes, programs, and policies that have been introduced be formulated into policy recommendations for members of or expanded since the release of the NEC-Deloitte report. New England’s Congressional delegation to introduce in 2017. Panelists were: Sean Gallagher, Chief Strategy Officer at Northeastern University’s Professional Advancement Network;

2016 ANNUAL REPORT 5 ADVOCACY INITIATIVES AND ENERGY AND ENVIRONMENT

Energy costs and access to energy resources continue to be England, and to ask questions about legislation pending in significant issues for New England businesses and residents the Senate. alike. The New England Council’s membership includes a wide range of businesses and organizations in the energy Discussion of Hydropower and Wind Proposals and environment sector including energy generators and On March 24, 2016, the Energy and Environment Committee distributors, developers of renewable and alternative energy met at the Canadian Consulate in Boston where Canadian sources, and energy and environmental technology firms, Consul General David Alward led a discussion on several as well as commercial energy consumers large and small. hydropower and wind proposals for supplying electric power The Council’s Energy and Environment Committee, which in New England. Several Council members and their affiliates is chaired by Mark Kalpin of WilmerHale, utilizes the involved in those projects, including SunEdison, Emera, expertise of our members in developing consensus-based Hydro-Québec, DONG Energy, Anbaric and TDI New England, approaches that can help address New England’s energy participated in the discussion, providing timely updates on challenges. In 2016, the Committee continued to focus on the status of the proposals and their impact on the region’s several issues of importance to the region, and held a series energy market. of events and meetings featuring national leaders on energy and environmental issues. Regional Energy Forum On September 28, 2016, the Council hosted a Regional Energy Briefing on Massachusetts Attorney General’s Report Forum featuring remarks from Gordon van Welie, the President On February 3, 2016, the Energy and Environment Committee and CEO of ISO New England, the region’s independent power met with representatives from the Office of Massachusetts grid operator. The forum was held at the New Hampshire Attorney General and the Analysis Group, Inc. Institute of Politics at Saint Anselm College in Manchester, NH. in Boston to discuss their study of New England electric Following Mr. van Welie’s remarks, Peter J. Howe, a longtime reliability options, “Power System Reliability in New England: business reporter in Boston who is now Senior Advisor at Meeting Electric Resource Needs in an Era of Growing Denterlein Worldwide, moderated a discussion further exploring Dependence on Natural Gas.” The study was released in the challenges and opportunities the region currently faces. November 2015, and evaluates options to address regional Discussion topics included: electricity reliability in New England, including natural • The overall shift in generation resources from coal and oil gas capacity needs, through 2030. NEC members had the to natural gas. opportunity to raise questions regarding the report and engage in a thoughtful discussion on its findings. • The substantial retirements of fossil-fired and nuclear power plants, with other “at risk” oil- and coal-fired generators Meeting with Senate Energy and Natural possibly retiring soon. Resources Committee • The New England states’ statutory goals to increase the As part of the Council’s Annual Spring Event in Washington, amount of renewable and low-carbon energy on the system DC, members of the Energy and Environment Committee met as well as mandating reductions in greenhouse gas emissions. with Patrick J. McCormick III, Chief Counsel for the U.S. • The development of a “hybrid grid” that will combine large Senate Committee on Energy and Natural Resources, on power-system resources supplying the regional system with March 17, 2016, to discuss pending energy legislation and other smaller ones supplying consumers directly. energy-related issues. Much of the discussion focused on energy infrastructure needs in New England—particularly demand for • The need for investment in transmission to successfully additional natural gas pipeline as well as electric transmission incorporate large amounts of remote renewable resources, and infrastructure—and the unresolved questions as to how to possibly, investments in natural gas delivery infrastructure. reimburse energy companies for providing such services and Over 150 New England Council members and other energy facilities. The meeting afforded NEC members in the energy market stakeholders from throughout the region attended industry with the opportunity to provide legislative staff with the forum. additional insight on the unique energy landscape in New

6 2016 ANNUAL REPORT ADVOCACY INITIATIVES AND

Report on New England’s Energy Landscape On October 24, 2016, The New England Council released a new report, “The New England Energy Landscape: History, Challenges and Outlook.” The report was designed to provide businesses, policymakers, and other stakeholders a comprehensive overview of the history of the New England energy market, the current challenges in meeting the region’s energy needs, and an outlook for how the region’s energy landscape could evolve in the coming years. The report was researched and written for The New England Council by Peter J. Howe, a respected long-time business reporter for and New England Cable News who is now a Senior Advisor at Denterlein Worldwide in Boston. In compiling the report, over 30 energy companies and Board Member Chris Vincze of the TRC Companies and Gordon van Welie of ISO New England. organizations representing all facets of the energy industry in New England were interviewed and consulted for data and feedback.

The report was distributed broadly to stakeholders and policymakers throughout the New England region and in Washington, DC, including all New England Council members, members of Congress and their staffs, state legislators and their staffs, Governors’ offices, state energy agencies, and a variety of other energy industry organizations. In addition, on November 14, 2016, the Energy and Environment Committee met with the report’s author, Peter J. Howe, for a discussion of the report’s key messages, as well as the Council’s goals and objectives in publishing the report. The meeting also included a discussion of key energy issues anticipated in 2017 and future Council advocacy efforts Jon Sorenson of the New England-Canada Business Council, Canadian Ambassador David MacNaughton, Gerald Weseen of around the region’s energy challenges. Emera Energy; and Canadian Consul General David Alward.

Sen. Ed Markey and Lauren Burm of DONG Energy at a breakfast in Boston.

2016 ANNUAL REPORT 7 ADVOCACY INITIATIVES AND FINANCIAL SERVICES

The New England region 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 New England 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 Paul Giordano of Ironshore, Inc., serve as the committee’s co-chairs. Throughout 2016, the committee continued to monitor the ongoing implementation of the Dodd-Frank Wall Street Board Member Bill Parent of Blue Hills Bank and House Financial Reform and Consumer Protection Act, examined the Services Committee Chairman Jeb Hensarling. prospects for comprehensive tax reform, and served as a forum for information sharing and education for NEC members, including through meetings with members of Congress from the region, meetings with staff of relevant Congressional committees, and letters to federal agencies and regulators regarding proposed actions that could impact the industry.

DOL Fiduciary Rule Advocacy In March 2016, shortly before the U.S. Department of Labor issued a revised final rule to establish a uniform fiduciary standard of duty for financial advisors, the Council sent a letter to the New England Congressional delegation supporting legislation that would have accomplished the nearly universally Jim Morgan of SBLI and Eric Rosengren, President of the Federal shared goal of establishing a best interest standard without Reserve Bank of Boston, at a breakfast in Boston. hampering the ability of hardworking Americans to access timely guidance and advice regarding their financial future. The legislation was co-authored by Reps. (D-MA) and John Larson (D-CT), both senior members of the House Ways and Means Committee. The Council had previously submitted a comment letter to U.S. Labor Secretary Tom Perez in 2015 regarding concerns Council members had expressed over the Department’s proposed rule.

Roundtable with Congressional Committee Staff NEC Financial Services Committee members had the opportunity to hear from two key Congressional committee staff members at a small group meeting during the Council’s Annual Spring Event in Washington, DC, in March 2016. Members heard from Mike Evans, Chief Counsel to Pam Everhart of Fidelity Investments and Rep. Michael Capuano, a member of the House Financial Services Committee. Ranking Member (D-OR) of the Senate Finance Committee, and Aharon Friedman, Tax Counsel to Chairman

8 2016 ANNUAL REPORT ADVOCACY INITIATIVES AND

Kevin Brady (R-TX) of the House Ways and Means Breakfast with Comptroller of the Currency Tom Curry Committee. Evans and Friedman discussed their respective On December 16, 2016, The New England Council once committees’ upcoming agendas and critical issues of again hosted U.S. Comptroller of the Currency Tom Curry, importance to New England’s financial services industry, a former Massachusetts Commissioner of Banks who is now including retirement savings and tax policy. one of the nation’s top financial regulators. Curry addressed approximately 75 NEC members at a breakfast hosted by Treasury Department Cybersecurity Briefing Bank of America in Boston. In his remarks, Comptroller On April 4, 2016, Financial Services Committee members Curry spoke about the health of the U.S. financial system, participated in a meeting with Brian J. Peretti, Esq., developments in financial technology (FinTech), and Director of the Office of Critical Infrastructure Protection responsible innovation in the federal banking system. and Compliance Policy at the U.S. Department of Treasury Curry also discussed the OCC’s recently-announced Office in Washington, DC. Director Peretti and his staff updated of Innovation, which is expected to be fully functional Committee members on his office’s efforts to enhance in the first quarter of 2017 as a central point of contact cybersecurity and respond to cyber threats in the financial and clearinghouse for requests and information related sector. They described the role and function the office plays to innovation, and introduced the agency’s acting Chief in monitoring and reacting to cyber concerns, and asked Innovation Officer, Beth Knickerbocker, who was in Committee members to work closely with the Treasury attendance. He also took a number of questions from Department by alerting them to what their companies are Committee members on a variety of topics. observing internally. Advocacy on Retirement Enhancement and New England Business Tax Reform Forum Savings Act On June 29, 2016, The New England Council convened a In December 2016, the Council sent a letter to the forum on the prospects for tax reform, as well as a discussion New England Congressional delegation, Congressional of the priorities for the region’s business community. The leadership, and relevant committee leadership in support forum was hosted by NEC member K&L Gates at its Boston of the Retirement Enhancement and Savings Act (RESA). office. The event featured two panels, the first of which The two main features of the legislation—which was featured Reps. Richard Neal (D-MA) and John Larson introduced by Senate Finance Committee Chairman Orrin (D-CT), New England’s two members on the House Ways Hatch (R-UT) and had previously passed that committee and Means Committee, who discussed their expectations for unanimously—include tax credits to help small businesses tax reform in the next Congress. Citing the current tax code establish retirement plans and the ability for small businesses as “ineffective and unproductive,” Rep. Neal called for the to band together in a single plan to achieve some of the election of “more people interested in legislating” economies of scale available to larger plans. While the as an important step in making progress on tax reform. Both letter urged Congress to pass the legislation during the Congressmen praised passage of the PATH Act in late 2015, Lame Duck session, it also conveyed concerns expressed by which made permanent a host of critical tax provisions, Committee members regarding particular provisions in the and extended for a number of years other measures, and legislation as drafted, specifically those pertaining to lifetime hoped for similar bipartisan cooperation in pursuing income disclosures. comprehensive tax reform. The second panel included Bob Reynolds, President and CEO of Putnam Investments, House Financial Services Committee Member Meetings and Jim Koch, Founder and Chairman of Boston Beer Over the course of the year, Committee members Company, who highlighted the need for various tax code participated in several small group meetings and events updates to help New England businesses continue to grow with members of the House Financial Services Committee, and thrive. Participants in the private sector panel, which including members from New England as well as several was moderated by Mary Burke Baker of K&L Gates, cited from beyond our region. Among those who met with the need for certainty, simplicity, and rewarding good Committee members were Representatives Bruce Poliquin business practices as essential to a successful rewrite of (R-ME) on April 12, French Hill (R-AR) on May 10, the nation’s tax code. Approximately 80 NEC members Michael Capuano (D-MA) on June 6, and Bill Huizenga representing a wide array of industries attended the forum. (R-MI) on July 26. These meetings were often held in

2016 ANNUAL REPORT 9 ADVOCACY INITIATIVES AND FINANCIAL SERVICES CONTINUED

conjunction with Council-wide Congressional Roundtable events, and gave committee members the opportunity to have a more in-depth discussion with the members of Congress about critical issues impacting their industry and the Council’s financial services policy priorities. The Committee also held a dinner with House Financial Services Committee Chairman Jeb Hensarling (R-TX) on October 18, 2016, hosted by the Hampshire House.

Preparation of Financial Services Sector Report In conjunction with NEC member PwC, the Committee spent much of the year working to compile a report detailing the state of the financial services industry in New England. The report was completed and released in early 2017. The report details a Jim Gallagher (L) and Board Member Tom Samoluk (R), both of variety of key statistics, including the total of direct, indirect, John Hancock Financial Services, with Rep. Joe Kennedy. and induced jobs in New England in the banking, insurance, and asset management sectors, as well as their contribution to wages, value added, and total output in the region. These figures are also broken down by state. The report also describes the ecosystem in which the financial services industry operates in New England, highlighting the region’s remarkable higher education institutions and innovative financial technology—or ‘”fintech”—landscape.

U.S. Comptroller of the Currency Tom Curry and Sushil Tuli of Leader Bank at a breakfast in Boston.

Senator Jack Reed, a member of the Senate Banking Committee, and Board Member Jesse Villarreal of Santander in Washington, DC.

10 2016 ANNUAL REPORT HEALTHCARE ADVOCACY INITIATIVES AND

New England’s large and diverse healthcare industry a senior member of the House Energy and Commerce continues to be a significant economic driver in the region. Committee. The meeting was held in conjunction with The New England Council’s Healthcare Committee the Council’s Annual Spring Event in Washington, DC. includes representatives of health insurers and plan Congressman Murphy and his staff briefed members on providers; community, rural and teaching hospitals; current healthcare matters before the Energy and Commerce pharmaceutical and medical device manufacturers and Committee, and addressed a variety of questions, many focused suppliers; independent physician organizations; non-profit on the Congressional response to the opioid epidemic. policy organizations; and trade groups and associations representing the healthcare industry. In short, the Meeting with Representative Joe Kennedy committee represents a microcosm of the industry as a On July 21, 2016, Congressman Joe Kennedy (D-MA) met whole. In 2016, the Council’s Healthcare Committee, with the Healthcare Committee to discuss his work on co-chaired by Joe Alviani of Partners HealthCare and healthcare issues as a member of the House Committee on Laurel Sweeney of Philips Healthcare, continued to Energy and Commerce and, specifically, his work in addressing focus significantly on the ongoing implementation of the mental health reform and opioid addiction. The Congressman Affordable Care Act, as well as other federal policy matters discussed the totality of the costs—including those to healthcare that affect this critical sector of the New England economy. providers, first responders, and the criminal justice system—for our collective inability to provide the proper treatment to both Briefing on Opioid Epidemic Response mentally ill individuals and those suffering from addiction to opioids and other controlled substances. The Congressman On February 23, 2016, the Healthcare Committee met in engaged in a very productive discussion with committee Boston to hear a presentation on “Strategies to Counteract members about the best ways to tackle these issues, and how the the Opioid Problem in New England,” as well as to discuss healthcare community can continue to work with Congressional policy concerns and the Committee calendar for 2016. Laura leaders on innovative and effective solutions. Over 40 members Kehoe, MD, MPH, Medical Director for the MGH Substance participated in the meeting, which was hosted by Partners Use Disorders Bridge Clinic, delivered a presentation entitled HealthCare at Brigham & Women’s Hospital in Boston. “Substance Use Disorder Care (SUD) in the Face of an Epidemic: Mass General Hospital’s Response,” which covered: MACRA Discussion • Epidemiology of Addiction and the U.S. Opioid Epidemic On October 4, 2016, the Healthcare Committee held an • Chronic Disease Model of Addiction informal panel discussion on the Access and CHIP Reauthorization Act of 2015 (MACRA) and how it is impacting • MGH Substance Use Disorder Initiative all parts of the healthcare market, how the different segments of • Challenges and Opportunities the market are responding, what the concerns are, and whether resources are available to share. Panelists included: Committee members raised several questions for Dr. Kehoe throughout her presentation, resulting in discussions about the • Alex Calcagno, Massachusetts Medical Society interaction between heroin and prescription opioid use and the (Physicians) ready availability of prescription opioids. Several members noted • Nan Jones, Senior Director for both the MGH and the success that Blue Cross Blue Shield of Massachusetts and Brigham Physician Organizations (Hospitals) Harvard Pilgrim Health Care have had in preventing excess opioid prescriptions, with the National Governors’ Association • Kristen Lewis from Tufts Health Plan adopting a resolution for each individual state to study the (Health Plans/Insurers) program created by Blue Cross Blue Shield of Massachusetts. • Deirdre Savage from Blue Cross Blue Shield of Massachusetts (Health Plans/Insurers) Meeting with Representative Tim Murphy • Laurel Sweeney from Philips Healthcare On March 17, 2016, members of the NEC Healthcare (Device Manufacturers) Committee met with Congressman Tim Murphy (R-PA),

2016 ANNUAL REPORT 11 ADVOCACY INITIATIVES AND HEALTHCARE CONTINUED

New England Innovates: Breaking Ground in Healthcare Innovation On October 11, 2016, the Council hosted “New England Innovates: Breaking Ground in Healthcare Innovation,” at the MGH Paul S. Russell Museum of Medical History and Innovation in Boston. The event was the first in a new series launched by the Council in 2016. A panel of NEC members highlighted their own innovations and discussed how New England can continue to maintain its edge as a global healthcare innovation hub. Moderated by Healthcare Committee co-chairs Laurel Sweeney and Joe Alviani, the panel included:

• Dr. Joseph Kvedar, M.D., Vice President, Board Member Deirdre Savage of Blue Cross Blue Shield of Connected Health at Partners HealthCare Massachusetts and Rep. in Washington, DC. • Corbin Petro, President and CEO, Benevera Health • Lisa Rometty, Vice President and General Manager, IBM Watson Health • Dr. Ivan Salgo, M.D., Associate Chief Medical Officer, Philips Healthcare • Dr. Justin Wright, Ph.D., Vice President Drug Delivery Innovation, Eli Lilly and Company

Over 80 NEC members attended the event and engaged in a lively discussion with the panel regarding the importance of regional collaboration to continue to strengthen New England’s thriving healthcare sector. Healthcare Committee Co-Chair and Board Member Joe Alviani of Partners HealthCare and House Minority Whip Steny Hoyer.

Rep. Jim Langevin with Sheelagh Beaulieu and Paul Isabella of CVS Health at a luncheon in Providence.

12 2016 ANNUAL REPORT HIGHER EDUCATION ADVOCACY INITIATIVES AND

New England is a world leader in higher education, with a proud tradition of leadership and innovation. The region boasts a diverse array of institutions of higher learning, from large public universities, to small private colleges, to community and technical colleges. Our universities not only prepare our future leaders, but also play a vital role in the New England economy, employing thousands and driving research and economic growth. 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 2016, the Committee continued to advocate for increased Michael Thomas of the New England Board of Higher Education and affordability and access to higher education, as well as Rep. at a Congressional Roundtable. development of the talent pipeline through research, innovation and collaboration.

Briefings with Senate HELP Staff In coordination with The New England Council’s Annual Spring Event in Washington, DC, the Higher Education Committee held meetings with staff of the Senate Health, Education, Labor, and Pensions (HELP) Committee on March 17, 2016. New England Council members met with both the Republican majority staff and the Democratic minority staff to discuss issues before the committee in the 114th Congress. Council members discussed priorities for the reauthorization of the Higher Education Act with the committee staff members, as well as ideas for research funding and innovation. Meeting participants Al Dahlberg of Brown University and Sen. at a also discussed proposals for access and affordability and shared breakfast in Providence. initiatives and concerns that were unique to their campuses, giving Senate staff valuable insight into education issues. With such a diverse membership, the Council was able to deliver a coordinated message regarding an effective higher education system and the support that the federal government can provide.

Support for the Boost Savings for College Act In July 2016, The New England Council sent a letter to each of New England’s Senators urging them to support S. 2896, The Boost Savings for College Act. This bipartisan legislation would create a tax credit for investments made by low- and middle- income Americans in 529 college savings accounts. In the letter, the Council notes that these accounts serve as a valuable means for Americans to save for education and the tax advantages encourage education savings. This particular legislation would Chancellor Keith Motley of the University of Massachusetts Boston and Sen. in Washington, DC. help low- and moderate-income individuals and families who often struggle to save for education. The bill would extend

2016 ANNUAL REPORT 13 ADVOCACY INITIATIVES AND HIGHER EDUCATION CONTINUED

the Savers Tax Credit to contributions an individual or family makes to a 529 account, increasing the savings they can put away for college. It would also encourage employers to match their employees’ contributions and allow for flexibility around these accounts.

Partnerships for the Talent Pipeline Directory In October 2016, the Council released the first edition of “Partnerships for the Talent Pipeline: Directory of New England Higher Education and Industry Partnerships.” The directory details examples of models used in New England to connect students and employers to strengthen our regional workforce. The directory was distributed to the New England higher education community as well as all New England Congressional Tom Horgan of the New Hampshire College and University Council offices. The programs in the directory demonstrate ways that and Sen. . employers can collaborate with institutions of higher education to develop the talent pipeline, benefiting students, employers, schools, and the community. 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 Council hopes that this directory will be a useful resource to policymakers and other stakeholders, and will encourage employers and educational institutions to continue to pursue and expand partnership initiatives that develop our region’s talent pipeline. The directory is available online and will be updated periodically with new partnerships in the region. Rep. Jim McGovern and Higher Education Committee Co-Chair Tim Leshan of Northeastern University.

Dan Egan of the Rhode Island Association of Independent Colleges and Universities and Rep. David Cicilline at a Congressional Roundtable.

14 2016 ANNUAL REPORT TECHNOLOGY ADVOCACY INITIATIVES AND

From software developers, to internet technology nearly every New England Congressional office—a total of eight providers, to telecommunications firms, to biotech New England Senators and 16 of the region’s Representatives and life sciences companies, New England is home signed on as co-sponsors of the bill. On April 4, 2016, the U.S. to a thriving, multi-billion dollar technology sector. Senate passed the bill by a vote of 87-0, and just a few weeks later Our region is considered a global innovation hub, and on April 27, 2016, the House followed suit, passing the bill by a technologies and devices developed in New England vote of 410-2. President signed the bill into law at have changed the way that we do business around the the White House on May 11, 2016, marking a significant victory world. The technology sector also represents a large and for The New England Council and our allies in this effort. consistently growing sector of our region’s workforce. The Council’s Technology Committee, co-chaired New England Innovates by Chris Goode of Dell and Annmarie Levins of The New England region is home to a thriving innovation Microsoft, supports policies that encourage technological economy, with cutting edge products, services, and technologies advancement, promote innovation and research, safeguard being developed across a range of industries. In order to critical infrastructure and intellectual property, and promote an ongoing dialogue in the region about how we develop a skilled workforce to fill critical positions in maintain our reputation as a global innovation hub, The New the technology sector. England Council launched a new series in 2016 called “New England Innovates.” The Council plans to hold “New England Support for Trade Secrets Legislation Innovates” forums periodically throughout each year, with each event focusing on a specific sector or issue affecting innovation In 2016, The New England Council continued its efforts to in the region. These forums will highlight the role that New advance federal legislation that would provide businesses with England Council members are playing to drive innovation better tools to protect valuable intellectual property in the across various sectors of the economy. Each event will focus on form of trade secrets. In recent years, innovative American exploring challenges and opportunities for continued growth, businesses of all types and sizes have increasingly been the target and will examine how policy makers at the local, state, and of sophisticated efforts to steal trade secrets. Trade secrets can federal levels can support innovation in New England. include a wide range of information, including manufacturing processes, product development, source code, industrial The first “New England Innovates” forum was held on techniques, formulas, pricing information, and customer lists. October 11, 2016, and highlighted innovation in the healthcare Protecting this form of intellectual property is critical to driving sector, and specifically, how new technologies and advances innovation that is so key to continued economic growth and in medicine are changing the way healthcare is delivered and global competitiveness. patients are treated. The event was held at Massachusetts General Hospital’s Paul S. Russell, MD Museum of Medical While there were previously various state laws in place to History and Innovation in Boston. The forum featured a panel address the theft of trade secrets, there were not adequate of NEC members in the healthcare sector who highlighted their measures in place at the federal level to address the interstate innovations and discussed challenges and opportunities for and international nature of trade secret theft in the 21st century. continued healthcare innovation in New England. In July 2015, a bipartisan group of legislators in the House and Senate introduced the Defend Trade Secrets Act (DTSA) to The New England Council looks forward to continuing the address this gap in the federal law. DTSA establishes a federal “New England Innovates” series in 2017. civil right of action for businesses to protect trade secrets in U.S. federal courts, providing a consistent, harmonized legal framework and minimizing the commercial injury and loss of employment that can result when trade secrets are stolen.

In late 2015 and into early 2016, The New England Council and a diverse group of NEC Technology Committee members were part of a broad industry coalition that supported and actively advocated for the bill’s passage. As a result of the Council’s efforts—which included letters, op-ed pieces, and meetings with

2016 ANNUAL REPORT 15 ADVOCACY INITIATIVES AND TRADE

Free and fair trade has a tremendous impact on economic policy, and provided updates on the status of the Trans Pacific prosperity in New England and across the nation by Partnership (TPP) and the Transatlantic Trade and Investment expanding markets for American-made goods and creating Partnership (TTIP). new jobs. American businesses continue to be on the forefront of seeking out new trade frontiers while expanding Export Promotion Act existing markets, and we in New England continue to In September 2016, Representative Ann Kuster (D-NH) lead in that American effort. The year 2016 saw an introduced the Export Promotion Act, legislation that would interesting turn of events as the United Kingdom voted to consolidate federal export promotion programs and resources— exit the European Union, and both major party presidential currently spread across numerous federal agencies—under one candidates pledged to give trade a serious “reboot” in umbrella agency in the Department of Commerce. The goal their Administrations. As such, neither the House nor the of the legislation is to make it easier for businesses to tap into Senate was willing to take-up President Obama’s signature the broad network of federal programs available to assist them trade agreement, the Trans Pacific Partnership (TPP), and in accessing foreign markets and increasing exports. After the England and Europe are in unchartered trade waters. Congresswoman’s office approached the Council seeking its Despite this uncertainty, the Council’s Trade Working support for the bill, the Trade Working Group held a conference Group, chaired by Viji Rangaswami of Liberty Mutual, call with Congresswoman Kuster’s staff to learn more about the continued to support policies that promote New England legislation and address any questions. Following the briefing, exports and increase opportunities for international trade. the Council endorsed the legislation.

White House TPP Briefing Export-Import Bank Board of Directors In January 2016, The New England Council’s Trade Working For years, The New England Council has been a staunch Group held a conference call with Diana Doukas, Director of the supporter of the Export-Import Bank of the White House Business Council, and Luis Jimenez, Counselor (Ex-Im Bank), the nation’s official export credit agency. While to the U.S. Trade Representative. Ms. Doukas and Mr. Jimenez the Bank’s charter was renewed in late 2015, during 2016, the briefed members on the Administration’s efforts to advance the lack of a minimum three-member quorum on the Bank’s Board Trans Pacific Partnership (TPP), a multi-lateral trade agreement of Directors limited the Bank’s ability to approve transactions with a number of Pacific Rim nations. The administration over $10 million, and curtailed the Bank’s capacity to fulfill officials explained how the agreement would open business its core function. While President Obama nominated two opportunities with the growing Asia-Pacific consumer base individuals to fill open seats on the Board over the course of the and would significantly boost both manufacturing and service year, Congressional leaders—many of whom have been critics of industries while solidifying environmental and labor benefits. the Ex-Im Bank—declined to take action on the nominations. Members participating in the discussion also had the opportunity Over the course of the year, The New England Council to ask questions and share their concerns regarding TPP. advocated for the confirmation of a third member to the Board in meetings with New England’s Congressional Briefings with Administration Trade Leaders delegation and letters to Congressional leadership. In addition, In March 2016, during the Council’s Annual Spring Event Council President and CEO Jim Brett wrote about the in Washington, DC, members heard from two senior Obama importance of having a quorum on the Ex-Im Bank’s Board Administration trade officials who provided updates on their of Directors in op-eds that were published in newspapers respective agencies’ efforts to promote international trade. U.S. throughout New England. Unfortunately, by year’s end, Export-Import Bank Chairman and President Fred Hochberg Congress had not taken action to fill the open seat on the highlighted the bank’s efforts to support U.S. exporters and the Bank’s Board. The New England Council will continue its job creation that has resulted from the Bank’s lending in recent advocacy in support of the Ex-Im Bank and its important years. Chairman Hochberg also thanked the Council for its work to support our region’s exporters in 2017. advocacy in support of the renewal of the bank’s charter in 2015. Members also heard from New England native Matthew Vogel, Chief of Staff to the U.S. Trade Representative, who shared with Council members his insight on the Administration’s trade

16 2016 ANNUAL REPORT TRANSPORTATION ADVOCACY INITIATIVES AND

Safe and efficient transportation infrastructure is critical to continued economic growth in New England. In our 21st century global economy, businesses of all types and sizes rely on our transportation systems—including roadways, air, rail, and waterways—to transport both goods and personnel throughout the region and beyond. Here in New England, we face a unique set of transportation challenges given the region’s aging infrastructure and harsh winter climate. Under the leadership of committee chair Steve Silveira of ML Strategies, The New England Council’s Transportation Committee continues to advocate for investment in our region’s infrastructure in order to meet the region’s economic needs. Rep. Elizabeth Etsy and Ken Recke of UPS at a Congressional Roundtable.

Support for Flights to Cuba In 2014, President Barack Obama announced the reestablishment of diplomatic and economic relations between the United States and the island nation of Cuba for the first time in over 50 years. Included in the reestablishment of relations was an historic agreement to resume scheduled air service between the United States and Cuba. In March 2016, New England Council member JetBlue applied to provide service to Havana, Cuba, from Boston’s Logan International Airport. That same month, The New England Council sent a letter to U.S. Transportation Secretary Anthony Foxx in support of JetBlue’s proposed daily non-stop scheduled air service from Boston to Havana. The letter noted that such service would be beneficial to New England’s leading healthcare, bio-tech, and educational institutions, as well as other Rep. Richard Neal and Norbert Strissel of JetBlue at a Congressional vital business sectors as they pursue economic opportunities in Roundtable in Boston. Cuba. Further, the approximately 13,000 Cuban-Americans living in the Boston vicinity would benefit from having access to transportation challenges the Northeast faces as compared air service between the two cities. Though non-stop service from with other parts of the country as a result of its colder weather Boston was not awarded by the Secretary, several New England and older transportation systems. He also provided updates Council member airlines ultimately were granted Cuba routes to on the reauthorization of the Federal Aviation Administration, serve destinations inside the United States. and discussed the regulatory challenges the agency faces as a result of emerging innovations such as drones and NextGen air Representative Ryan Costello Addresses Transportation Committee traffic control. In The New England Council’s ongoing effort to hear voices from lawmakers representing areas outside of our region, the Council’s Transportation Committee Chair, Steve Silveira, hosted a meeting in late June 2016 with Representative Ryan Costello (R-PA). A member of the House Transportation and Infrastructure Committee, Representative Costello provided insight on current transportation issues before Congress. In a wide ranging discussion, the Congressman discussed the unique

2016 ANNUAL REPORT 17 ANNUAL SPRING EVENT

Over 200 New England Council members gathered in our nation’s capital on March 16 and 17, 2016, 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, March 16, with a briefing with several senior Obama Administration 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 Thomas Wheeler, the Chairman of the Federal Communications Commission; Fred Hochberg, the Chairman Sen. and former Sen. of ML Strategies at the and President of the Export-Import Bank of the United States; Capitol Hill Reception. Russell Slifer, Deputy Undersecretary of Commerce for Intellectual Property; and Matthew Vogel, Chief of Staff to the United States Trade Representative.

That evening, we gathered on the top floor of the Hart Senate Office Building overlooking the Capitol 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, March 17, we were honored to welcome several members of the U.S. Senate at a Congressional Breakfast at Charlie Palmer Restaurant at the foot of Capitol Hill. NEC members in attendance heard from several members of the Board Member Becca Gould of American Tower and Rep. . Senate who have been at the forefront of bipartisan efforts to combat the opioid crisis that has devastated our region and our nation: U.S. Senators Kelly Ayotte of New Hampshire and Ed Markey of Massachusetts, as well as Senate Majority Leader Mitch McConnell of Kentucky.

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

Nelson Perez (L) and Rob Mosher (R), both of National Grid, with Rep. Bill Keating.

18 2016 ANNUAL REPORT Senator Kelly Ayotte and Board Member Rep. Ann Kuster and Joe Murray of Fidelity Investments. Sen. Sheldon Whitehouse and Board Member Pat Griffin of Merrimack Potomac + Charles Laurel Sweeney of Philips Healthcare. at the Capitol Hill Reception. large photo top: Board Member Bill Geary of Clean Harbors, former Rep. , President of the University of Massachusetts, and Sen. Ed Markey.

2016 ANNUAL REPORT 19 ANNUAL DINNER

With some 1,800 members and guests in attendance, R. Nicholas Burns, Ambassador (Ret.) The New England Council’s 2016 Annual Dinner was Goodman Family Professor of the Practice of Diplomacy the largest and most successful in the Council’s history. and International Relations, EVENTS Held on November 1, 2016, at the Seaport Hotel/World Abbey D’Agostino Trade Center in Boston, the dinner was co-chaired by U.S. Olympic Track and Field Team Joseph L. Hooley, Chairman and CEO, State Street Jeffrey R. Immelt Corporation and Michael F. Mahoney, Chairman and Chairman and CEO, GE CEO, Boston Scientific. The Honorable Gina M. Raimondo The highlight of the evening was the presentation of the Governor, The State of Rhode Island 2016 New Englander of the Year awards. We were pleased to honor several distinguished recipients this year:

NEC President & CEO Jim Brett presents honoree Nicholas Burns with his award.

NEC Chairman John Hailer presents Olympian Abbey D’Agostino with her award.

20 2016 ANNUAL REPORT Honoree Jeffrey Immelt of GE accepts his Boston Mayor , Abby Johnson of Gov. presents Gov. Gina Raimondo with award from past honoree Abby Johnson of Fidelity Investments, Jeffrey Immelt of GE, and her New Englander of the Year award. Fidelity Investments. Board Member Darren Donovan of KPMG. large photo top: NEC President & CEO Jim Brett, Dinner Co-Chair Mike Mahoney of Boston Scientific, Gov. Gina Raimondo, Jeffrey Immelt of GE, Olympian Abbey D’Agostino, Gov. Charlie Baker, former Amb. Nicholas Burns, and NEC Chairman John Hailer. 2016 ANNUAL REPORT 21 CONGRESSIONAL ROUNDTABLE SERIES

The Congressional Roundtable series offers New England Council members the opportunity to hear from and interact with members of the New England Congressional delegation EVENTS in a small group setting, usually over breakfast or lunch. In 2016, the New England Council hosted Congressional Roundtable events in all six New England states featuring members of Congress from throughout the New England region. In addition, in recent years, the Council has expanded the series to include members of Congress from beyond New England as they visit the region.

Connecticut Senator Board Member Kevin Hennessey of Dominion Resources, Jim Brett, Senator Rep. Joe Courtney, and Oz Griebel of the MetroHartford Alliance. Representative Joseph Courtney Representative Elizabeth Esty

Maine Representative Chellie Pingree Representative Bruce Poliquin

Massachusetts Senator Ed Markey Representative Michael Capuano Representative Katherine Clark Representative William Keating Representative Stephen Lynch Representative Joseph Kennedy III Representative James McGovern Stephen Burm of the International Council of Shopping Centers and Representative Rep. Peter Welch. Representative Richard Neal Representative Niki Tsongas Beyond New England Representative Ryan Costello, Pennsylvania New Hampshire Representative French Hill, Arkansas Senator Jeanne Shaheen Representative Steny Hoyer, Maryland Representative Frank Guinta Representative Bill Huizenga, Michigan Representative Ann Kuster Representative Mike Turner, Ohio Representative Roger Williams, Texas Rhode Island Senator Jack Reed Senator Sheldon Whitehouse The New England Council gratefully acknowledges the Representative James Langevin support of the MetroHartford Alliance, with whom we Representative David Cicilline are proud to partner on all Connecticut events.

Vermont Representative Peter Welch

22 2016 ANNUAL REPORT Board Member Dan Walker of PretiFlaherty House Democratic Whip Steny Hoyer and Mary Maguire Matt Veno of Harvard Pilgrim Health Care and and Rep. Chellie Pingree at a Congressional of AAA Southern New England at a breakfast in Boston. Rep. Bruce Poliquin at a Congressional Roundtable Roundtable in Portland. in Boston. large photo top: Board Member Theresa Pattara (L) and Ernest Cloutier (R ), both of Iron Mountain, with Rep. Richard Neal at a breakfast in Boston.

2016 ANNUAL REPORT 23 CAPITAL CONVERSATIONS

The New England Council’s Capital Conversations series in Washington, DC, continued to be a popular forum for Council members and members of Congress alike in 2016. EVENTS 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 this series is to provide our members who are based in Washington with the opportunity to hear from our Congressional leaders about their priorities and their work on key economic issues in a smaller forum conducive to questions and conversation.

The New England Council was pleased to host the Rep. Niki Tsongas and Amy Carnevale of K&L Gates. following guests at our Capital Conversations series during 2016:

Senator (I-ME)

Senator Jack Reed (D-RI)

Representative Michael Capuano (D-MA)

Representative Katherine Clark (D-MA)

Representative William Keating (D-MA)

Representative Stephen Lynch (D-MA)

Representative James McGovern (D-MA)

Representative Seth Moulton (D-MA) Sen. Jack Reed and Gen. (ret) Jack Hammond of the Home Base Program. Representative Niki Tsongas (D-MA)

Rep. Katherine Clark and Board Member Joanne Sullivan of the Federal Home Loan Bank of Boston.

24 2016 ANNUAL REPORT Sen. Angus King and Susan Olson of Rep. Jim McGovern and Isaac Fordjour of Boston Scientific. Jon Groteboer of and Natixis Global Asset Management. Rep. Bill Keating. large photo top: Board Member Dennis Kearney of Kearney Donovan & McGee, Tom O’Neill of O’Neill & Associates, and Rep. Seth Moulton.

2016 ANNUAL REPORT 25 FEATURED EVENTS

Periodically throughout the year, The New England was hosted by the New Hampshire Institute of Politics at Council hosts special events or roundtables with other Saint Anselm College. key federal policy makers and regional leaders, as well EVENTS as forums to educate our members on important issues Breakfast with Canada’s Ambassador to the facing the business community. During 2016, the United States David MacNaughton Council hosted a variety of featured events: Ambassador David MacNaughton was the featured guest at a breakfast hosted by the Hampshire House in Boston on Breakfast with New Brunswick Premier Brian Gallant October 4, 2016. On March 8, 2016, New Brunswick Premier Brian Gallant New England Innovates: Breaking Ground in spoke to NEC members at the Hampshire House in Boston Healthcare Innovation about the important economic relationship between The Council kicked off its new event series, “New England New England and eastern Canada. Innovates,” on October 11, 2016, with a forum on healthcare innovation hosted by Massachusetts General Hospital. Conversation with Nobel Laureate Muhammad Yunus The Council and the Massachusetts Business Roundtable Post Election Analysis with Mark Shields hosted Nobel Laureate Dr. Muhammad Yunus, who Veteran political commentator and New England native discussed his work to promote social enterprise. The event Mark Shields shared his insights on the election results at was hosted by Bank of America. a November 17, 2016, breakfast hosted by the Hampshire House in Boston, sponsored by AT&T and Harvard Pilgrim Breakfast with the United Kingdom’s Ambassador to the U.S. Sir Kim Darroch Health Care. Sir Kim Darroch was the featured guest at a May 24, 2016, Breakfast with Eric Rosengren breakfast at the Hampshire House in Boston, where he On November 18, 2016, the Council hosted a breakfast at highlighted the strong economic ties between the UK and the Hampshire House in Boston featuring Eric Rosengren, New England. President of the Federal Reserve Bank of Boston, who Breakfast with Gov. Charlie Baker discussed the regional economic outlook. On June 9, 2016, Massachusetts Gov. Charlie Baker spoke to Breakfast with Ireland’s Ambassador to the over 250 NEC members about his priorities for the Bay State United States Anne Anderson at a breakfast at the Boston Harbor Hotel in Boston, MA, On December 1, 2016, Irish Ambassador Anne Anderson sponsored by American Tower and Walmart. spoke to New England Council members, highlighting the strong ties between our region and Ireland, at a breakfast Tax Reform Forum hosted by Bank of America in Boston. On June 29, 2016, the Council presented a forum exploring the prospects for tax reform featuring several Congressional New England Manufacturing Policy Summit and business leaders. The forum was hosted by K&L Gates Council members gathered at Northeastern University’s in Boston. Burlington, MA, campus on December 15, 2016, for a half-day summit focused on Advanced Manufacturing and Luncheon with Former Senator Bob Graham developing a “Make it in New England” legislative agenda. Former Senator and former Florida Governor Bob Graham addressed NEC members at a luncheon hosted by the Breakfast with Comptroller of the Currency Hampshire House on June 30, 2016, in Boston. Thomas Curry Comptroller of the Currency Thomas Curry discussed his Regional Energy Forum agency’s priorities and approach to financial regulation On September 28, 2016, the Council presented a discussion at a breakfast hosted by Bank of America in Boston on of the region’s energy challenges, featuring ISO New December 16, 2016. England President and CEO Gordon van Welie. The forum

26 2016 ANNUAL REPORT Kevin Kelley of Ironshore and former Board Member Annmarie Levins of Microsoft and Irish Ambassador Anne Anderson and Consul General Sen. Bob Graham at a luncheon in Boston. political commentator Mark Shields. Rokuichiro Michii of the Consulate General of Japan in Boston. large photo top: Dr. David Jordan of the Seven Hills Foundation, JD Chesloff of the Massachusetts Business Roundtable, Nobel Laureate Dr. Muhammad Yunus, and Dr. Robert Johnson of Becker College. 2016 ANNUAL REPORT 27 POLITICS AND EGGS SERIES

Taking advantage of the New England’s unique position as home to the nation’s first presidential primary in New Hampshire, the Politics and Eggs series was launched EVENTS in 1995 as a forum for local business leaders to hear from presidential candidates in an intimate setting as they visit the Granite State to campaign and build early support. Since its inception, the breakfast series has played host to nearly every major party presidential candidate and is today considered as “must-stop” on the presidential campaign trail. In recent years, the series has expanded to include nationally known political figures, analysts, and respected journalists. Politics and Eggs is a partnership between The New England Council and the New Hampshire Institute of Politics at Saint Anselm College. Rep. John Lewis and Board Member Frank McDougall of Dartmouth-Hitchcock. After hosting the majority of the 2016 presidential candidates in 2015, the Politics and Eggs series played host to one final candidate, Senator , just days before the New Hampshire Primary.

Over the course of the year, the Council and the New Hampshire Institute of Politics also hosted several other speakers: Donna Brazile, Interim Chair, Democratic National Committee Mark Halperin, Managing Editor, Bloomberg Politics Representative John Lewis (D-GA)

In 2016, we also expanded the series to include the U.S. Senate race in New Hampshire, and were pleased to host Then-Governor and Stephanie Markiewicz of both candidates for the seat: Fidelity Investments. Senator Kelly Ayotte Governor Maggie Hassan

Neil Levesque of the New Hampshire Institute of Politics and Sen. Bernie Sanders.

28 2016 ANNUAL REPORT DC DIALOGUE ABOUT THE COUNCIL

Each month, The New England Council partners with New Guests appearing on “DC Dialogue” in 2016 included: England Cable News (NECN) to produce “DC Dialogue,” a Representative Michael Capuano (D-MA) half-hour public affairs discussion show airing on NECN on Richard Doherty, President Sunday mornings. Veteran Boston television journalist Eileen Association of Independent Colleges and Curran is the show’s moderator, and New England Council Universities in Massachusetts (AICUM) President and CEO Jim Brett is the show’s regular panelist. Thomas Glynn, CEO Through thoughtful discussions with key federal policy MassPort makers, regional business leaders, and economic experts, Lori Harnois, Executive Director “DC Dialogue” explores decisions made on Capitol Hill Discover New England and their impact on the New England economy. During Edward Hjerpe, President and CEO 2016, the show highlighted a wide range of important Federal Home Loan Bank of Boston issues, including economic development, energy, healthcare, higher education, transportation, and the Marty Jones, President and CEO 2016 Presidential race. MassDevelopment Rachel Kaprielian, Regional Administrator U.S. Department of Health and Human Services Representative Stephen Lynch (D-MA) Mayor Jon Mitchell City of New Bedford, MA David Paleologos, Director Political Research Center Wayne Patenaude, President and CEO Cambridge Savings Bank James Pindell Boston Globe Political Reporter Mark Shields Political Analyst Scott Spradling, Political Analyst The Spradling Group Representative Niki Tsongas (D-MA)

Eileen Curran and Jim Brett on set with Rep. Stephen Lynch. Gordon van Welie, President and CEO ISO New England Mayor Marty Walsh City of Boston, MA

2016 ANNUAL REPORT 29 ABOUT THE COUNCIL BOARD OF DIRECTORS

Chaired by John Hailer, the President and CEO of Natixis Global Asset Management, The New England Council’s Board of Directors includes 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 2016.

CHAIR Connie L. Brennan Joseph Dalton John T. Hailer Senior Vice President, Director, Government and President and CEO Northern Group Manager Regulatory Affairs Natixis Global Asset Management, LP TD Bank ENGIE North America Boston, MA Portland, ME Charlestown, MA

TREASURER Richard P. Burke Gerald “Jerry” Daly Thomas F. Flannery President and CEO Senior Vice President Co-Leader, Americas Wealth Fallon Health Optum and Asset Management Worcester, MA Hartford, CT Ernst & Young LLP Greg Butler Alex Dimitrief Boston, MA Executive Vice President Senior Vice President and General Counsel SECRETARY and General Counsel GE James T. Brett Eversource Energy Boston, MA President and CEO Hartford, CT Robert A. DiMuccio The New England Council Elizabeth A. Chace-Marino Chairman, President and CEO Boston, MA Senior Manager of Government Affairs Amica Mutual Insurance Company Joseph Alviani Ahold USA Retail Lincoln, RI Vice President for Government Affairs Quincy, MA Steven R. DiSalvo Partners HealthCare System, Inc. Katie B. Chipps President Boston, MA Second Vice President, External Affairs Saint Anselm College Dr. Joseph Aoun The Travelers Companies, Inc. Manchester, NH President Hartford, CT Darren Donovan Northeastern University Kevin C. Conroy Managing Principal Boston, MA Partner KPMG LLP Joseph Baerlein Foley Hoag LLP Boston, MA President Boston, MA Joseph Fay Rasky/Baerlein Strategic Thomas Croswell General Counsel Communications, Inc. President and Chief Operating Officer Yankee Atomic Electric Company Boston, MA Tufts Health Plan Wiscasset, ME Joseph J. Barry Watertown, MA John F. Fitzgerald Senior Vice President – Regulatory, Jay Curley Partner Industry and Government Affairs Executive Vice President of Corporate New Boston Strategies Group State Street Corporation Affairs, Chief of Staff to the CEO West Roxbury, MA Boston, MA Beacon Health Options Thomas F. Flaherty Elizabeth C. Barton Boston, MA Vice President Partner Ann M. Daley Sprague Operating Resources LLC Day Pitney LLP Vice President, Portsmouth, NH Hartford, CT Government and Regulatory Affairs William J. Geary Peter T. Bowman Pitney Bowes Inc. External Counsel Vice President MA/RI External Affairs Stamford, CT Clean Harbors Environmental Services, Inc. Verizon Norwell, MA Boston, MA

30 2016 ANNUAL REPORT ABOUT THE COUNCIL

Paul Gentile Thomas F. Holt, Jr. Edmund C. Kenealy President and CEO Partner Senior Vice President, Deputy General Cooperative Credit K&L Gates LLP Counsel and Chief Public Affairs Officer Marlborough, MA Boston, MA Liberty Mutual Insurance Boston, MA Thomas P. Glynn James W. Hunt, Jr. Chief Executive Officer President and CEO Victoria Reggie Kennedy and Executive Director Massachusetts League of Senior Counsel Massachusetts Port Authority Community Health Centers Greenberg Traurig, LLP East Boston, MA Boston, MA Boston, MA

David Goggin Ryan E. Hutchins William F. Kennedy Executive Director, Senior Vice President Partner State Government Affairs and Policy Gilbane Building Company Nutter, McClennen & Fish LLP Amgen Inc. Boston, MA Boston, MA Cambridge, MA Patricia Jacobs Thomas Kershaw Christopher E. Goode President Owner and President Government Affairs and Public Policy AT&T New England The Hampshire House Dell Boston, MA Boston, MA Hopkinton, MA Joanne Y. Jaxtimer Matthew B. LeBretton Becca Gould Regional Executive and Managing Director, Director of Public Affairs Senior Vice President, Public Affairs Corporate Affairs, New England New Balance, Inc. American Tower Corporation BNY Mellon Boston, MA Boston, MA Boston, MA Annmarie Levins James A. Grasso James “J.J.” Johnson Associate General Counsel President and CEO Executive Vice President, Microsoft Corporation Grasso Associates, LLC Government Relations and Public Policy Cambridge, MA Needham, MA Fidelity Investments Boston, MA Raymond G. Long Patrick Griffin Vice President, National, State Founding Partner and CEO Marty Jones and Federal Government Affairs Merrimack Potomac + Charles President and CEO NRG Energy, Inc. Boston, MA MassDevelopment Middletown, CT Boston, MA Kevin R. Hennessy Christopher J. MacKenzie Director of Federal, State and Mark C. Kalpin Office Managing Partner – Boston Local Affairs in New England Partner, Co-Chair, Energy RSM Dominion Resources, Inc. and Cleantech Group Boston, MA Waterford, CT WilmerHale Boston, MA James Mahoney Peggy L. Ho Senior Vice President Executive Vice President, Dennis J. Kearney Bank of America Government Relations Partner Boston, MA LPL Financial Kearney, Donovan & McGee, P.C. Boston, MA Boston, MA

2016 ANNUAL REPORT 31 ABOUT THE COUNCIL BOARD OF DIRECTORS CONTINUED

Paul Mattera Mike Prentiss Deirdre W. Savage Board Member Ex Officio Senior Manager, State Government Senior Director of Government Swampscott, MA Relations and Global Government and Regulatory Affairs Communications Blue Cross Blue Shield of Massachusetts Frank McDougall Procter & Gamble Boston, MA Vice President, Government Relations Boston, MA Dartmouth Hitchcock Medical Center Eric H. Schultz Lebanon, NH Mark A. Price President and CEO Principal Harvard Pilgrim Health Care Patrick C. McHugh Deloitte Wellesley, MA President – New Hampshire Boston, MA FairPoint Communications Gregory H. Smith Manchester, NH Kenneth K. Quigley, Jr. Director President McLane Middleton Marty Meehan Curry College Concord, NH President Milton, MA University of Massachusetts John W. Stadtler Boston, MA Thomas D. Rath Partner and US Financial Services Managing Partner Industry Leader Dianne M. Mercier Rath, Young and Pignatelli, P.A. PwC President – New Hampshire Concord, NH Boston, MA People’s United Bank Manchester, NH Marcy L. Reed Joanne M. Sullivan President – Massachusetts Vice President and Director of Government Patricia Maguire Meservey National Grid USA and Community Relations President Waltham, MA Federal Home Loan Bank Boston Salem State University Boston, MA Salem, MA Mark E. Reilly Senior Vice President Government and Laurel Sweeney Edmund F. Murphy III Regulatory Relations, Northeast Division Senior Director, Reimbursement President and CEO Comcast Cable Communications and Legislative Affairs Empower Retirement Manchester, NH Philips Healthcare Boston, MA Andover, MA Ken Robinson Robert C. Murray Senior Vice President and H. Lawrence Tafe III President Director of Government Affairs Of Counsel Bond Brothers, Inc. Citizens Bank Day Pitney LLP Everett, MA Providence, RI Boston, MA

Joseph R. Nolan, Jr. Teresa R. Rosenberger Jesse O. Villarreal Senior Vice President, Corporate Relations President Executive Vice President Government Eversource Energy Devine Strategies Affairs and Public Policy Director Boston, MA Manchester, NH Santander Boston, MA William M. Parent Thomas Samoluk President and CEO Vice President and Counsel, Christopher P. Vincze Blue Hills Bank Government Relations Chairman and CEO Norwood, MA John Hancock Financial Services TRC Companies, Inc. Boston, MA Lowell, MA Michele D. Perkins President Mark Santos Daniel W. Walker New England College President, New England Market Chair, Government Affairs Practice Group Henniker, NH Aetna Inc. PretiFlaherty Hartford, CT Augusta, ME Matthew F. Power Executive Vice President, Michael D. Sargent Head of Strategic Development Senior Director, Government Affairs Lexington Insurance Company CVS Health Boston, MA South Portland, ME

32 2016 ANNUAL REPORT MEMBERS ABOUT THE COUNCIL

The following is a list of all New England Council members as of December 2016. New members who joined the Council during 2016 are denoted by an asterisk (*).

451 Marketing Beacon Strategies Group Cardinal Cushing Centers, Inc. AAA Northeast Becker College Carol McKean Events AARP Bedford Village Inn Cassidy & Associates ActBlue* Bellwether Community Credit Union* Castle Group* ADS Ventures, Inc. Bernstein Shur* Catholic Medical Center Aetna Inc. Beth Israel Deaconess Medical Center CBIA Aflac Beveridge & Diamond PC* Centene Corporation Ahold USA Retail Bi-State Primary Care Association Charles River Associates* Akin, Gump, Strauss, Hauer & Feld LLP Blue Cross Blue Shield of Massachusetts Chelsea Clock Alternate Concepts, Inc. Blue Cross Blue Shield of Vermont* Children’s Hospital Boston Altria Client Services* Blue Hills Bank CIANBRO Ameresco, Inc. BNY Mellon Citizens Bank American Airlines Bond Brothers, Inc. City of Boston American Hospital Association Boston Beer Company City of Portland* American Red Cross of Massachusetts Boston Celtics City of Providence* American Student Assistance Boston Children’s Chorus* Clean Energy American Tower Corporation Boston Foundation Clean Harbors Environmental American Water Resources Boston Globe Services, Inc. Amgen Boston Harbor Hotel Clear Channel Amica Mutual Insurance Company Boston Harbor Now CNU New England, Inc. Anbaric Transmission Boston Home Coalition of Northeastern Governors* Anna Maria College Boston Private Bank & Trust Company Codman Square Health Center Anthem Blue Cross Blue Shield Boston Red Sox College Board of New Hampshire Boston Scientific College of the Holy Cross Arden Corporation Boston University Comcast Cable Communications Arent Fox LLP Bowditch & Dewey, LLP Commodore Builders Association of Independent Colleges and Brain Aneurysm Foundation Commonwealth Corporation Universities in Massachusetts (AICUM) Brennan Group, Inc. Community Credit Union Association of Independent Colleges and Conference of Boston Teaching Hospitals Universities of RI Bridgewater State University Conn Kavanaugh Rosenthal Peisch Assumption College Bridgewell & Ford, LLP AT&T Brightfields Development LLC Connecticut Airport Authority Atlantic Trust Private British Consulate-General Boston Connecticut Center for Advanced Wealth Management* Brookhaven Science Associates* Technology, Inc. AutoFair Automotive Group Brown Brothers Harriman Connecticut College of Technology’s Babson College Brown Rudnick LLP Center for Next Generation Manufacturing BAE Systems, Inc. Brown University Connecticut Conference of Independent Colleges* Bangor Savings Bank Building & Construction Trades Council Conquez USA* Bank of America Bunker Hill Community College Constitution Pipeline Bank of Canton Burson-Marsteller Construction Industries of Massachusetts Banyan Tree Capital Cambridge Corporate Training Consulate General of Canada Barron Associates Capital Advocates, LLC Consulate General of Ireland* Beacon Capital Partners, LLC Capital Power Corporation Consulate General of Israel Beacon Health Options Carbon Finance Strategies LLC Consulate General of Japan in Boston

2016 ANNUAL REPORT 33 Hawthorne Hotel Haynes & Associates Inc. Holliday Hill Hilltop Public Solutions Hinckley Allen Hopscotch Air, Inc. Hospital Association Rhode of Island Hoyle, & Associates, Tanner Inc. Hult International Business School Hypertherm, Inc.* IBEW Local 103 IBM Corporation Institute for Community Inclusion Institute for Human Centered Design Institute for Pediatric Innovation* International Council of Shopping Centers Iron Mountain Ironshore Iroquois Gas Transmission System ISO New England Foundation Jenzabar JetBlue Airways Corporation JFYNetWorks John Hancock Financial Services Johnson & Wales University Associates Johnston Joslin, Lesser + Associates, Inc. Jumpstart K&L Gates LLP Kaplan University* Karol Group Kearney, Donovan & McGee, P.C. Keegan LLP Werlin Keene State College Keith Properties, Inc Inc. Enterprises, Keville Kinder Morgan Inc. KPMG LLP Lahey Health System College Lasell Leader Bank* Lesley University Company Insurance Lexington Liberty Mutual Group Liberty Square Group Utilities Liberty Endicott College ENGIE North America Entercom Communications Entergy ERA Dawson-Bradford Realtors Ernst LLP Young & Eversource Energy HealthEye Services,Inc. FairPoint Communications Fallon Health Inc./ Services, Rehabilitation Fedcap Community Services Work Federal Loan Home Bank Fidelity Investments Fisher College Fitchburg State University* Foley HoagLLP Framingham State University Franklin Pierce University Freedom Energy Logistics, LLC Gateway Public Solutions* GE Citizen* Generation Genzyme EdgeGet Your Gilbane Building Company Global Leadership Institute Google Government British of Columbia,Canada* Granite State College Granite State Independent Living* Grasso Associates, LLC Greater Boston Real Estate Board* Greater Lawrence Family Health Center* Greater Providence Chamber Commerce of Green Berkshires Inc. Greenberg Traurig, LLP Grossman Heinz GYK Antler EnergyH.Q. Services Inc. Boston H4B Harbor Health Services, Inc. Harvard Pilgrim Health Care Harvard Street Neighborhood Health Center Harvard University CONTINUED Energy* MEMBERS MEMBERS Conventures Cooperative Credit Association Union Insurance* Cross Curry College CVS Health D.L. Saunders Real Estate Corp.* College Dartmouth Dartmouth Hitchcock Medical Center Day Pitney LLP College Dean Deepwater Wind* Delaware North Companies - Boston Dell Deloitte Delta Dental Massachusetts* of Demeo, LLP Demers & Blaisdell, Inc. Jewelers* DePrisco Derry Medical Center Devine Strategies Dewey Square Group Disability Law Inc. Center, DLA LLP Piper, Do Canto Group* Resources Dominion DONG Drew Company, Inc. Drexel University Duane Morris LLP Duprey Companies East Boston Neighborhood Health Center* Seals Massachusetts Easter Eastern Bank SeamansEckert Economic Development Research Inc.Group, EDC Edward M. Kennedy Institute for the StatesUnited Senate Effective Advocates, LLC Communications Elevare Eli Lilly & Company Emera Energy Emerson College Airline Emirates College Emmanuel 34 ANNUAL 2016 REPORT ABOUT THE COUNCIL ABOUT THE COUNCIL 2016 ANNUAL2016 REPORT 35 New England Helicopter Council, Inc. New England Motion Picture and Producers AssociationTelevision New England Power Association Generators Hampshire BankersNew Association New Hampshire College and University Council New Hampshire Higher Education Assistance New Hampshire MEP New Hampshire Public Broadcasting Transmission* Hampshire New Newbury College Newmark Grubb Knight Frank NewStar Financial, Inc. Resources Energy NextEra Norel Service Company, Inc. Norman LLC Hanson & DeTroy Inc. Associates, Normandeau Northeast Arc Northeast Gas Association Northeastern Retail Lumber Association Northeastern University College Community Essex Northern Northwind Strategies NordiskNovo Inc. Energy,NRG Inc. McClennenNutter, & Fish LLP NxStage Medical, Inc. SturbridgeOld Village Olin College Engineering of O’Neill and Associates Corporation OpenCape Optum Orr & Reno P&G Gillette Partners Health Care System, Inc. Paul Frank + Collins P.C. FundsPax World Payer Technologies, Inc. Pease Development Authority United Bank,People’s N.A. HamiltonPepper LLP Perkins School for the Blind* Philips Healthcare LLC* Strategies, Pilgrim NECN Mercantor Partners* Mercer Mercury Systems College* Merrimack Charles + Potomac Merrimack MetroHartford Alliance Metropolitan Area Planning Council Microsoft Corporation Marketing Integrated Millennium Mills PR* Minuteman Health, Inc. MITRE Corporation ML Strategies Tribe Mohegan Monadnock Paper Mills, Inc. Morgan Stanley Smith Barney Morgan, Brown LLP & Joy, Morrissey & Associates, LLC Moynihan LLC* Group Security MSA Inc. Resources Multinational & Lehane Hesse,Murphy, Toomey LLP Museum Fine of Arts, Boston Museum Science of Mutual America of National Association of Government Employees National Association Mutual of Companies Insurance National Grid USA Natixis Global Asset Management, LP NBCUniversal/ Plan Health Neighborhood Nellie Mae Education Foundation Nelson Mullins Public Strategies Group NESCSO* New Balance, Inc. New Boston Strategies Group New England Association Schools of and Colleges New England Board Higher of Education New England Center for Children College England New New England College Optometry of New England Educational Opportunity Association New England Fuel Institute Locke Lord LLP LPL Financial Energy*MacFarlane Maine Medical Association Maine MEP Maine State Chamber Commerce of Airport Regional Manchester-Boston Marc Z Legal Staffing Marsh & McLennan Agency New England Marsh USA Inc. MASCO Mass Bay Credit Union Massachusetts Association Health of Plans Massachusetts Association of School Committees Massachusetts Bankers Association Massachusetts College Art of and Design Arts Liberal of College Massachusetts Massachusetts College Pharmacy of and Health Sciences Community Massachusetts Colleges Executive Office Massachusetts Convention Center Authority Massachusetts and Eye Ear Infirmary Massachusetts Fallen Heroes Memorial Fund Massachusetts Hospital Association Technology of Institute Massachusetts Massachusetts League Community of Health Centers Massachusetts Maritime Academy Massachusetts Medical Society Massachusetts MEP Massachusetts Port Authority Collaborative Technology Massachusetts Massachusetts Resources Water Authority College Community Massasoit MassDevelopment MATEP Institute May McDermott Will & Emery LLP McGlynn & McGlynn McLane Middleton Inc. Group, McWade MEMIC Mentor Network University Massachusetts of University New of England University New of Hampshire University Rhode of Island University Vermont* of UPS Museum* Constitution USS Vacovec, Mayotte & Singer LLP Companies Velcro Veolia Veracode* Verizon Bear Teddy Company*Vermont Verrill Dana LLP* VMEC GlobalVOX Mandate WBUR/Boston University WBZ TV WCV B-T V for Health* Work We Bank,Webster N.A. Wellness Connection of Maine Wells Fargo Private Bank Wentworth Institute of Technology WestfieldState University WEX Inc. Wheelock College William Gallagher Associates Willis Watson Towers Willwork, Inc. Exhibit Services & Event WilmerHale Woods Oceanographic Hole Institution* Worcester Business Development Corporation Polytechnic InstituteWorcester State University Worcester Yankee Atomic Electric Company College Community County York Villages,Youth Inc. Zipcar Shields Health Care Group Sauer*Sig Slowey/McManus Communications* Smith & Rauschenbach Smith Dawson & Andrews Smith, Costello & Crawford SMR Consulting, Inc. Partners Sojourn South Bank Shore South Chamber Shore Commerce of College Community Maine Southern Southern New Hampshire University Southwest Airlines Spectra Energy Sprague Operating Resources LLC State Street Corporation State Universities Massachusetts of Council of Presidents Steward Health Care System, LLC College Stonehill Sturm, Ruger and Inc. Company, Suffolk Construction Suffolk University Sunovion Pharmaceuticals Inc. RobinsonSunTrust Humphrey ActionTalient Group* Bank TD Instruments*Texas Hampshire House The The Provident Bank* Inc. Associates, TransAction Companies,Travelers Inc. TRC Companies, Inc. Tringale Health Strategies LLC NorthTrue Political Solutions LLC HealthTufts Plan UniversityTufts Rivers – OttauquecheeTwo Regional Commission Tyco/Simplex Grinnell UMass Memorial Medical Center Carpenters of Brotherhood United Massachusetts of United Way Bay Valley* Merrimack and Unitil University Hartford of University Maine of CONTINUED MEMBERS MEMBERS Pioneer Valley Planning Commission Inc. Bowes Pitney Plumbers and Gasfitters Local12 Union Polar Beverages RealPomerleau Estate Portland Natural Gas Transmission System POWER Engineers, Inc. PretiFlaherty Providence College Public Employee Retirement Commission Administration Putnam Investments PwC Quebec Government Office Rasky/Baerlein Strategic Communications, Inc. Rath, & Pignatelli, Young PA Red Sox Foundation and Massachusetts General Hospital Base Home Program College Regis Repsol Energy, N.A. Massachusetts of Association Retailers Rhode Island Airport Corporation Rhode Island Association of School Committees Rhode Island College Rhode Island School Design of Rising Tide Associates, LLC Rivier University Rockland Trust Roosevelt Group RSM Ruderman Family Foundation Saint Anselm College Salem State University Santander Sasaki Associates, Inc. Savings Bank Life Insurance Company Massachusetts of SCI Scully Construction Serlin Haley LLP Seven Hills Foundation Seyfarth Shaw LLP Shawsheen Valley Regional Technical School District Sheehan Phinney Bass & Green PA Sherrill House, Inc.* 36 2016 ANNUAL36 2016 REPORT ABOUT THE COUNCIL ABOUT OUR 2016 ANNUAL REPORT SPONSOR

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.

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

NEW ENGLAND COUNCIL OFFICES

BOSTON WASHINGTON 98 North Washington St., Suite 201 331 Constitution Ave., NE Boston, MA 02114 Washington, DC 20002 617.723.4009 202.547.0048

[email protected] • www.newenglandcouncil.com

@NECouncil www.facebook.com/newenglandcouncil/