2007 Chicago United Year in Review

CHICAGO UNITED

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2007 YEAR IN REVIEW

THE WORK OF CHICAGO UNITED IS MADE POSSIBLE BY THE SUPPORT OF OUR MEMBERS: Abbott

Harris

Primera Engineers, Ltd.

Advocate Health Care

Hewitt Associates, LLC

Prout Group Chicago

Aon Corporation

Hill, Taylor LLC

Pugh, Jones, Johnson & Quandt, P.C.

Ariel Capital Management, LLC

Hispanic Housing Development Corporation

Ralph G. Moore & Associates (RGMA)

Holland Capital Management

Sanchez Daniels & Hoffman LLP

Azteca Foods, Inc. Bank of America/LaSalle Baxter International Inc. Blue Cross and Blue Shield of Illinois Bonaparte Corporation BP America Inc. Cabrera Capital Markets, LLC Carrington & Carrington, Ltd. Chicago State University Chicago Symphony Orchestra Chicago Tribune Company Chicago Urban League City Colleges of Chicago ComEd, An Exelon Company Crain’s Chicago Business Creative Printing Services Endow, Inc. Ernst & Young LLP Federal Reserve Bank of Chicago Gonzalez, Saggio & Harlan, LLP

The Hollins Group Jewel-Osco

Rush University Medical Center Sara Lee Corporation Seaway National Bank

LifeSource Loop Capital Markets, LLC Macy’s Inc. Mayer Brown LLP McDonald’s Corporation USA LLC Merrill Lynch Mesirow Financial National City Bank Illinois Neal & Leroy, LLC NJW Companies Northern Trust Northwestern Memorial Hospital Nuveen Investments Odell Hicks & Company Prado & Renteria CPAs Prof. Corp.

PricewaterhouseCoopers LLP

ShoreBank Corporation Sidley Austin LLP Smith Whiley & Company Spencer Stuart Synch-Solutions Inc. TeamWerks United Airlines United Building Maintenance, Inc. The University of Chicago Medical Center University of Illinois at Chicago Urban Retail Properties Company USG Corporation Washington, Pittman & McKeever, LLC Weber Shandwick WorldWide Winston & Strawn

Board of Directors 2007 Executive Committee Michael W. Lewis, Chairman Executive Vice President Harris Community Banking, Harris N.A. James H. Skogsbergh, Vice Chair President & CEO Advocate Health Care Albert Grace, Secretary President Loop Capital Markets, LLC Martin Cabrera, Treasurer President Cabrera Capital Markets, LLC Raymond F. McCaskey, Immediate Past Chair President & CEO Health Care Service Corporation

1968 2

F orty years ago, top business leaders were compelled to find solutions to the local economic instability and racial unrest resulting from the riots that followed the assassination of Dr. Martin Luther King Jr.

William Bonaparte CEO Bonaparte Corporation

Sandra Rand Manager, Supplier Diversity United Airlines

Lester Coney Executive Vice President/ Office of the Chairman Mesirow Financial

Timothy R. Schwertfeger Chairman & CEO Nuveen Investments

Robert Der Partner Ernst & Young

Larry Wahlstrom President Jewel-Osco

Michael F. DeSantiago President Primera Engineers, LTD Douglas Goare Vice President McDonald’s Corporation USA LLC

1969

T he Black Strategy Center forms to help improve race relations in Chicago

1971

T he Group supercedes The Black Strategy Center

V I S I O N F R O M T H E C H A I R M A N – M I C H A E L W. L E W I S

It has been a privilege to lead Chicago United during such a

maintained demonstrated programs and products, like the

notable time in its history.

Changing Color of Leadership Conference and the Business

Since the turbulent events of the late 60s, leaders in Chicago’s business community have understood that leveling economic disparity was the single most important

Leaders of Color publication, while also launching new tools and initiatives like BoardLink and Five Forward, both of which you will read more about throughout this annual review.

way to address the social and economic issues plaguing

What continues to be most distinctive is that the organiza-

the city. They saw uncensored dialog as the best place to

tion’s success increasingly is due to the members who have

begin.

chosen to join and work together to achieve these shared

The model the founders set 40 years ago is still our model today. The tactics have evolved but the goal has been steadfast.

Chicago United remains the only advocacy organization focused on maximizing multiracial economic opportunity.

The organization serves as an invaluable conduit where the city’s multiracial senior business leaders can participate in fierce constructive conversation. This dialogue results in programs and products designed to address the challenges that we’ve identified.

Chicago United’s ability to deliver value to its members and

objectives. From our newest members to those who have been with us since the start, it is our member contributions that have allowed us to impact multiracial leadership participation in all aspects of business.

I have truly enjoyed working with this talented team of thought leaders in Chicago’s business community who comprise the membership of Chicago United. I know the organization will continue blazing trails in diversity and inclusion for another 40 years. I am grateful for your support and I wish you all continued success.

the city has never been stronger. This is due in part to having

Michael W. Lewis Chairman, Chicago United Executive Vice President–Community Banking, Harris N.A.

40 years making a tangible difference. Across the bottom of this Year In Review you will find selected milestones in our unwavering goal to make Chicago the model for business diversity across the country and the globe. As you can see, the efforts of Chicago United – and our dedicated members – have directly led to many of the City’s most important initiatives on race relations and economic opportunities for minorities.

1971 The Berry-Heineman report recommends actionable strategies to fight the causes of poor race relations

1973 The Group incorporates as a not-for-profit organization called Chicago United

1973

C hicago United joins with other civic organizations to create the Regional Transit Authority to help improve access to the city for all communities

3

MESSAGE FROM TH E PR ESI DENT – GLOR IA CASTI LLO

A stake in the ground.

Why do we plan to use this year to measure the value of

program ideas, such as the Five Forward and Employee

Chicago United and the success of Chicago’s efforts to

Network Group Forums. It included a detailed strategy for

promote diversity at the highest levels of our corporate

aligning this vision with the realities of Chicago’s business

environment?

and social landscape.

Chicago United turns 40-years-old in 2008. More accountable than the passing of time, this year is also the culmination of the board’s vision.

“ We’ve lived diversity for forty years. We need to serve as a role model of diversity for other organizations.”

Chicago United’s dedicated board of directors created a fiveyear agenda for the organization. To have a sustainable impact on the city, a number of secure cornerstones needed to be in place. Taking that charge, the Chicago United staff has begun to create the foundation so that 10 years from now we could help Chicago become the benchmark for corporate diversity across the country and across the globe. We needed demonstrated programs that could influence corporations

My challenge was to lead Chicago United to create this foundation and plant the stake for the next ten years. I am proud to say we have accomplished our five-year goals – and more.

You can read about our 2007 events and programs in the pages that follow. If you look at the bottom of those pages, you will see a brief timeline of the last four decades of

on the value of including talented leaders of color in their

impact, which culminate with our Fortieth Anniversary.

board rooms and executive offices, building the pipeline

But most importantly, you will see the tangible impact

of minority talent and increasing economic opportunity for minority-owned businesses. Not just to foster needed discussion, but also to turn Chicago into a corporate talent magnet and a center for minority business growth.

our organization has made and just how well we have positioned Chicago United to… promote board diversity… develop the incredible pipeline of minority talent that Chicago has to offer… and to increase the participation of our diverse entrepreneurial base.

“This is why we enlisted thought leaders to

The stake is planted. The measuring begins.

help us form our vision.”

Five years ago, Chicago United created a specific plan for growth. It included goals for the Bridge Awards and

Join us as we show the world that Chicago is the city by which other cities – across the globe – should be measured.

Changing Color of Leadership Conference. It included new

Gloria Castillo President, Chicago United

1975 4

C hicago United assumes responsibility for the City’s summer jobs program

1977

C hicago United’s report on Cook County’s criminal court system provides recommendations for increasing the fairness of the city’s judicial system

1979 O ur special Task Force on Education provides executive leadership to local schools and 253 precise steps for reforming the school system

2007 EVENTS

Race & Business Forums

Our 2007 Race & Business Forums were entitled: Approaching a Decade of Opportunity – The Inclusion Imperative This three-part series discussion was extremely timely as Chicago moved front and center onto the world’s stage with its Olympics bid and increasingly important business community.

Panelists Maria E. Wynne, Senior Director, Office of Citizenship and Innovation, Microsoft Corporation and John W. Rogers, Jr.,

Focusing on the role of inclusion in Chicago’s position as a world-class Chairman & CEO, Ariel Capital Management, LLC city, the series took place over three separate days. The events were moderated by Joycelyn Winnecke, the associate managing editor for national news at the Chicago Tribune, and were hosted

by Harris Bank. The panel of experts for each session provided insights into how the political climate supports inclusion and economic viability for all of Chicago’s communities.

March 7: Forum I - “The Economic Value of Inclusion” This session provided an in-depth look at the economics of inclusion. It examined the impact of macro and micro corporate decisions on Chicago’s overall strength and ability to attract corporations, diverse talent and investment. Panelists included Geoffrey J.D. Hewings, Director, Regional Economics Applications Laboratory, University of Illinois; Andrew Williams-Clark, Community and Economic Development, MCIC (Metro Chicago Information Center); and Maurice Egan, Senior Trade Commissioner, The Consulate General of Canada.

April 4: Forum II - “The Catalyst for Attracting Critical Capital: Human and Financial” This discussion explored the relationship between inclusion and Chicago’s ability to attract and retain both human capital and capital investment. Panelists included Michael Diamond, President, World Resources Chicago; Judith Rice, Deputy Chief of Staff, Office of the Mayor, Economic Development, City of Chicago; and Haven Cockerham, President & CEO, Cockerham & Associates.

May 9: Forum III - “The Vision for Dynamic Inclusion” The final forum leveraged the insights from the previous two sessions into recommendations to leverage existing policies, benchmark successes in other regions and identify winning initiatives. The objective of the forum was to begin a dialogue that focused Chicago’s business, civic and political leaders on this decades opportunity to increase Chicago’s status as a world-class city for using inclusion to improve the economic viability of our businesses and communities. Panelists included John W. Rogers, Jr., Chairman & CEO, Ariel Capital Management, LLC; Nik Theodore, Director, Center for Urban Economic Development, University of Illinois at Chicago; and Maria E. Wynne, Senior Director, Office of Citizenship and Innovation, U.S. Public Sector, Microsoft Corporation.

Maximizing the value of the program, the three-part Race and Business Forum series was also shared with Chicago’s viewing audience.

Approaching a Decade of Opportunity: The Inclusion Imperative aired six consecutive Saturdays, at 4 p.m., on CAN-TV, Channel 21 from October 6 through November 10.

Extending the impact even further, a three-DVD set of the series was provided to every member of Chicago United for use in diversity training and discussions.

1979

M ayor Byrne fires the school board and assigns Chicago United the task of recommending replacement members

1982

C hicago United joins the Chicago Panel on Public School Policy and Finance , a coalition of nine civic organizations that oversees the ailing finances of the Board of Education

5

2007 EVENTS

The Fourth Annual Changing Color of Leadership Conference and Bridge Awards More than a thousand attendees.

They say that numbers don’t lie.

And we are proud that our Fourth Annual Changing Color of Leadership Conference drew such an impressive number of people. In the past four years, the conferences have grown from about 400 attendees to well over a thousand. This, alone, shows that our mission has become part of the fabric of Chicago.

But numbers also don’t tell the whole truth.

It was not solely the quantity of people that was impressive. It was the caliber of people, their diversity, and the joy with which the attendees greeted each other and networked. There is no doubt that new personal and business relationships were formed and current ones were strengthened.

As you looked around the room, you were struck by the diversity of the attendees, as well as the number of the city’s business leaders, senior management entrepreneurs and next generation leaders. We believe you see the entire City of Chicago at our events, not simply one or two demographics. Attendance was helped, of course, by the high caliber of our presenters and the celebration of both our Bridge Award winners and 2008 Business Leaders of Color.

The conference was held on Thursday, November 15, 2007, at the Sheraton Chicago Hotel & Tower, 301 East North Water Street.

Left to Right: Andrés T. Tapia, Chief Diversity Officer/Emerging Workforce Solutions Leader, Hewitt Associates; Susan McCuistion, Senior Diversity Consultant, Hewitt Associates; Tyronne Stoudemire, Global Director of Diversity & Inclusion, Hewitt Associates; and Mayor Richard M. Daley, City of Chicago

1984 Chicago United establishes the Private Industry Council

Left to Right: Ronald A. Williams, 2007 Chicago United National Bridge Award Recipient, Chairman and CEO, Aetna, Inc.; James Skinner, 2006 Chicago United Chicago Bridge Award Winner and Vice Chairman and Chief Executive Officer, McDonald’s Corporation; Gloria Castillo, President, Chicago United; and Michael W. Lewis, Chicago United Board Chairman and Executive Vice President Community Banking, Harris Bank

1987 M ayor Washington taps Chicago United to head a broad-based school reform coalition, leading to the landmark School Reform Act of 1988

6

Highlights of the event: • The Diversity Leadership Luncheon, hosted by Ravi Baichwal, News Anchor and Reporter, ABC7 News, featured a panel of five Business Leaders of Color who shared their experiences and practical advice from their journey to the C-suite.

• Workshops during the day addressed: - Strategies for Minority Business Enterprises (MBEs) - Multiracial Leadership Development in Major Corporations - Trends in Supplier Diversity Management • C onference speakers included diversity experts and leaders from the business community • The Awards Dinner was hosted by Cheryl Burton, News Anchor and Reporter, ABC7 News • M ayor Richard M. Daley made a special appearance at our Bridge Awards Dinner • P resentation of the 2007 Bridge Awards by James Skinner, Vice Chairman and CEO of McDonald’s Corporation - 2007 National Bridge Award: Ronald A. Williams , Chairman and Chief Executive Officer, Aetna Inc. - 2007 Chicago Bridge Award: Robert W. Lane , Chairman and Chief Executive Officer, Deere & Company • A nnouncement of the Winner of the 2007 James W. Compton Research Competition • C elebration of our 2008 Business Leaders of Color

Our Changing Color of Leadership Conference and Bridge Awards Dinner is part workshop, part awards dinner and part networking event. These thee elements combine to recognize leadership that’s committed to integrating diversity in corporate governance structure; providing strategies and connections to help widen the pipeline of future multiracial executive leaders; and cultivating multiracial business partnerships.

We invite you to join us in 2008 for our 5th Annual Changing Color of Leadership Conference and Bridge Awards. We are planning an event worthy of our 40th anniversary.

2007 Business Leaders of Color Honorees and 2007 Conference Luncheon Panel – Left to Right: Amir Shahkarami, Senior Vice President, Engineering & Technical Services, Exelon Nuclear; Eugene Morris, Chairman & CEO, E. Morris Communications, Inc.; Lena Dobbs-Johnson, President, Advocate Bethany Hospital; Warrick L. Carter, Ph.D., President, Columbia College; and Luis Sierra, Vice President, BP Aromatic Chemicals

1989

O ur Austin-Pilsen Initiative fosters local community economic development CU helps secure passage of the Illinois Affordable Housing Act

1993 O ur endorsement helps CHA move forward with the mixed income housing and economic development within Cabrini/Lower Near North Redevelopment area

7

2007 EVENTS

CEO Breakfasts and Leaders Luncheons Throughout the year, Chicago United holds closed sessions for the leaders within Chicago United’s membership.

These sessions foster constructive conversation and a format where these forward-thinking individuals can provide input and guidance shaping the development of our many programs and products. By bringing our multiracial senior leadership together around our mission of closing the gap between race and business, we not only develop inclusive solutions, we create peer-topeer relationships.

Through our fierce brand of constructive conversation in these member exclusive meetings, we address the real issues and tough questions in an environment respectful of diverse points of view.

Leadership Luncheons are held three times annually. They are open only to Chicago United members. The 2007 luncheons were hosted by Mayer Brown Rowe & Maw, United Airlines and Mesirow Financial.

CEO Strategy Breakfasts are also held three times annually and they are open only to members of the Chicago United CEO Council. Ariel Capital Management, Advocate Health Care and Mesirow Financial hosted the 2007 breakfasts.

The Chicago United Employee Network Group Summits This was our second year of hosting Employee Network Group Summits. These sessions provide a forum for sharing best practices between ethnic/racial employee network groups (ENGs) and affinity groups of Chicago area companies. They are available at no cost to attendees.

The 2007 summits were generously hosted by Hewitt Associates in a three-part series: • “The Diversity Value Chain” on May 16th.

• “Measuring Diversity” on June 20th • “Diversity and Value Implications” on July 18th Employee Network Groups sent their leaders to explore and address specific topics of value to the corporations they represent.

The summits also serve to connect corporate networks in order to help put the discussed theories into action – and foster business relationships that might not otherwise have started.

In 2008, we are planning two half-day summits with an increased focus on the training and personal development of the ENG leaders of the future. Our member hosts for the series are Baxter and Blue Cross Blue Shield.

We encourage all corporations with ENGs to send a representative to one or both of our half-day sessions.

1995 Chicago United drafts the school governance language in the 1995 Education Reform Bill and helped assure its passage

8

1996 C hicago United Annual Leadership Series Forum focuses on affirmative action

2 0 0 7 P RO G R A MS, P RO D U CTS & OTH E R ACCOM P L I S H M E NTS

A pair of cornerstones.

It is impossible for us to identify any one of our programs as more critical than any other. However, we believe that two of them will help provide a basis for generating and measuring the specific impact of our efforts. The two programs that reflect our commitment to diverse executive leadership and to strengthening the minority business community are Chicago United’s Corporate Diversity Profile Survey and our Five Forward Initiative.

Corporate Diversity Profile Survey This unique bi-annual measurement tool focuses specifically on diversity and inclusion within the highest echelons of corporate leadership.

Each profile provides a ‘point in time’ assessment. When compared to previous Corporate Diversity Profile Surveys, we can see specific areas of improvement, as well as areas where progress has not been as encouraging as expected.

Large corporations have increasingly supported diversity within their employment ranks, with the economically sound goal of better representing their communities and customers. At the the same time, we have cause for concern when we measure diversity in corporate governance and the multiracial leadership pipeline.

The 2006 Chicago United Corporate Diversity Profile represented a five-year benchmark study of corporate diversity in the Chicago metropolitan area.

With the Corporate Diversity Profile, we have perhaps the city’s best measuring stick for assessing inclusion at the highest ranks of our business community.

2007 was the planning year for expanding the impact of the Corporate Diversity Profile. The Corporate Diversity Roadmap will be introduced in 2008. It will provide steps for improving the current state of diversity and inclusion in corporate Chicago. The 2008 project is being lead by Kevin Connelly, Chairman, Spencer Stuart; Warren Smith, Midwest - People Leader, Ernst & Young; and Jeanne Mason, Vice President of Human Relations, Baxter International. Additional resources were provided by Ernst & Young for collecting the confidential survey data and the Federal Reserve Bank of Chicago which will provide forecasting.

1996 Chicago United launches World Class Standards Program with the Chicago Minority Business Development Council

1997 C hicago United launches Invest In Chicago, a major community revitalization effort in the West Pullman community

9

2 0 0 7 P RO G R A MS, P RO D U CTS & OTH E R ACCOM P L I S H M E NTS

The Chicago United Five Forward Initiative Five Forward is a strategic initiative designed to build a stronger regional economy and minority businesses of scale.

The initiative enlists the commitment of CEOs of mid- to large-sized corporations in the Chicago metropolitan area to establish or expand business relationships with five current and/or new local minority firms.

Minority-owned business enterprises (MBEs) tend to disproportionately locate within and hire from areas with higher percentages of minority residents. By supporting minority businesses, corporations can provide significant economic stimulation to many of our city’s lower-income communities. Since these communities tend to work and spend locally, these monies provide a multiplier effect that further invigorates our city’s economy.

Under the leadership of Task Force Chairman Jim Tyree, Chairman and CEO, Mesirow Financial, Chicago United’s Five Forward program will work directly with corporations and MBEs to foster relationships, help corporations to focus an increased percentage of current MBE spend on local businesses and, in turn, help put our MBEs in a better position to compete for regional and national business.

In 2008, we plan to add an e-component to our Five Forward program. Look for details as the year progresses.

BoardLink 2007 was the kick-off year for the electronic referral source BoardLink. Currently open only to Chicago United members, BoardLink is fairly straightforward in its design, but quite innovative in its purpose.

• Non-profit organizations in search of racially/ethnically diverse board members can post their openings.

• Leaders of color looking for board positions can post their availability.

Using BoardLink, both groups can search through listings, share information and, most importantly, connect.

BoardLink is the first talent development project of its type and an important referral source available to the city’s non-profit sector. BoardLink represents another Leaders Council project and is chaired by Doris Salomón Chagin, Community Affairs Director, BP America, Inc.

1998 In conjunction with Teachers Academy for Math and Science, Chicago 10

United raises over $2 million to provide teacher developmental training for West Pullman’s schools

2000 T he Franchise Partnership, renamed from Connections for Community Ownership, celebrates the grand opening of its first franchise: Sign-O-Rama

2007 Business Leaders of Color Publication In 2007, we produced the third edition of Chicago United’s Business Leaders of Color publication.

The Business Leaders of Color publication features forty-five viable candidates for Fortune 1000 companies’ boards of directors.

These demonstrated leaders have achieved professional success through a track record of balanced decision making; a range of experiences that reflect flexibility and an ability to transcend narrow experiences; and a respect for diverse points of view and varied ways to approach issues and topics. While achieving personal success, each has contributed to the cultural, civic and educational life of the Chicago region. These individuals serve as inspiration for those seeking to increase inclusion of diverse candidates in their boardrooms and represent a small sample of the extraordinary talent in the Chicago region.

Distributed across the city via Crain’s Chicago Business, the publication is a resource that is welcomed with tremendous enthusiasm.

It is clear that our Business Leaders of Color publication has had a positive impact on the psychology of our city. The next generation of Chicago’s minority leaders can find success stories to help them see that their efforts can and will prove fruitful.

Mayor Daley has once again supported the product by joining Mike Lewis in a mailing of the 2007 Business Leaders of Color publication to Fortune 1000 CEOs. The publication is a resource of Chicago’s diverse talent available for consideration for their corporate boards of directors and showcases our City’s strength as a breeding ground for minority business and personal success.

February 22, 2008 April 27, February 22, 2008 April 27,2006 2006 Name

Title (CEO & Board Chair) Fortune 500 Company Name

Address 1&Companies Title (CEO Board Chair) Fortune 500 Fortune 500 Companies Fortune 500 Address 2 Company Address 1 Zip City, State Address 2 City, State Zip

Dear Fortune 1000 Chief Executive Officers: Dear Fortune 500 CEOs and Board Dear Fortune 500 CEOs and BoardChairs: Chairs: Dear Fortune 1000 Chief Executive Officers:

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Wearound are pleased to present the 2007 edition of Chicago United’s Business Leaders of We are pleased to present the 2007 edition of Chicago United’s Business Leaders of

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Sincerely, Sincerely, Sincerely,

Richard M. Daley Mayor City of Chicago

Richard M. Daley Richard M. Daley Richard M. Daley Mayor Mayor Mayor Cityofof of Chicago City Chicago City Chicago

Michael W. Lewis Executive Vice President, Harris Bank Chairman, Chicago Michael W. United Lewis Board of Directors

Raymond RaymondMcCaskey McCaskey

Executive Vice President, President and President andCEO, CEO, Harris Bank Health HealthCare CareService ServiceCorporation Corporation Chairman, Chicago United Board of Directors Chairman ofofthe Chairman theBoard, Board, Chicago ChicagoUnited United

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Chicago United began this initiative in 2003 and is committed to featuring boardready diverse talent in the Chicago area via this publication every two years. The increasingly competitive nature of the application process makes us believe our Business Leaders of Color publication will remain a valuable part of the city’s diversity efforts for many years to come. This publication represents the most focused contribution of the Leaders Council. We’d like to acknowledge the incredible contribution of Committee Chair Roxanne Ward, Vice President & Corporate Secretary, Ariel Capital Management, Inc. and Committee Co-chairs Marquis Miller, Executive Director, Chicago State University and John Pascente, Managing Director, Cabrera Capital Markets, Inc. We’d also like to thank Crain’s Chicago Business for their extraordinary contribution of the distribution of this publication.

It’s not too early to submit nominations for the 2009 publication. You can find a copy of the 2009 nomination form on our website at www.chicago-united.org.

Business Leaders of Color Reception This inspiring private reception was elegantly hosted by LaSalle Bank and provided an intimate setting for the 2007 Business Leaders of Color honorees, past Business Leaders of Color honorees and Chicago United members to meet one another and network prior to the public announcement of the new Business Leaders of Color at the Bridge Awards Dinner.

2001 Chicago United hosts our first Race and Business Forum. This landmark forum was highlighted by the release of our first Annual Corporate Diversity Profile.

2003 First Business Leaders of Color Publication produced 11

2 0 0 7 P RO G R A MS, P RO D U CTS & OTH E R ACCOM P L I S H M E NTS

James W. Compton Research Competition Winner Organizational Factors That Influence Diversity in Management Submitted by: Loren Henderson, Department of Sociology University of Illinois at Chicago Chicago United has always been a great proponent of research into the areas of diversity and inclusion. We recognize that we cannot develop all of our needed research internally and we wanted to encourage students to consider diversity as a significant business focus. For these reasons, we launched our James W. Compton Research Competition.

Left to Right: James W. Compton, Chicago United Founding Member and Retired President and CEO, Chicago Urban League; Loren Henderson, 2007 James Compton Research Competition Awardee, University of Illinois; and Terry Mazany, President & CEO, The Chicago Community Trust.

The competition provides a $5,000 award to a local graduate school student or team that submits a significant study paper on one or more of the founding tenets of Chicago United.

Loren plans to use the $5,000 award to help pay her school expenses. The award and the resulting publication of her paper provide her with additional credentials as she moves into her future career.

Geoffrey Hewings’ Dinner and Discussion On September 19th, Geoffrey J. Hewings, Director of the Regional Economic Applications Laboratory–Institute of Government and Public Affairs at the University of Illinois, presented a paper and led a discussion on how Chicago’s combination of aging workforce and changing demographics will affect our economy and business environment in the coming decades.

Immigration, Aging and the Chicago Economy: Demographic Challenges and Opportunities 2008-2070 Making a strong and fact-based case for economic inclusion, Hewings pointed out specific benefits of and strategies for our city to offset the nation’s aging workforce by continuing our efforts to integrate our ethnic and immigrant communities into our workforce.

An exclusive for Chicago United members and guests, this presentation was chaired

by Fred Siegman, President, Siegman Consulting Services, and was a follow-on to Hewings’ well-received participation during our Race and Business Forum.

2004 Chicago United produces first Annual Changing Color of Leadership Conference

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2004 F irst Bridge Awards honors Verizon Chairman Ivan Seidenberg, for his advocacy of multiracial diversity in corporate governance structure and executive level management

Chicago: A Region of Inclusion The April 2007 Issue of DiversityInc included a special advertising-sponsored report entitled Chicago: A Region of Inclusion. This 15-page report detailed Chicago’s position as “the financial, business and cultural capital of the Midwest” as well as a strategically based home for global corporations. The report featured profiles of a selection of Chicago’s inclusive corporations, interviews with Mayor Daley and Gloria Castillo, as well as supporting statistics from Chicago United’s Corporate Diversity Profile survey.

“From Bronzeville to Boystown to corporate boardrooms, diversity is woven into Chicago’s social fabric and is its source of economic strength.”

The special report showed DiversityInc readers that Chicago is poised for further expansion and growth due to our ability to provide the nation’s and the world’s companies a solid infrastructure and diverse talent. It also highlighted Chicago United’s role as the voice for the city’s success in integrating race and business and the importance of diversity and inclusion when competing on a global stage.

The 2007 DiversityInc Top 50 Companies for Diversity Each year, DiversityInc magazine ranks the country’s leading corporations based on a detailed assessment of human capital, CEO commitment, corporate communications and supplier diversity. We are always proud to find an impressive number of Chicago-based companies on their list, as well as so many Chicago United Member companies.

The Chicago United member companies on the 2007 list are: Bank of America/LaSalle (1), PricewaterhouseCoopers (12), Abbott (30), Health Care Services Corp. (33) and Ernst & Young (43)

The 4th Annual Minority Investment Management Forum (MIMF) On September 5th, the Minority Business Development Agency and Chicago United presented The 4th Annual Minority Investment Management Forum which was hosted by the Federal Reserve Bank of Chicago. Chicago United’s role was to expand this forum to include private-sector investment firms.

The forum included panel discussions, networking receptions, and one-on-one meetings between public-sector pension investor groups and Chicago-based minority asset-managers.

By presenting a case for utilizing emerging minority money-managers – as well as facilitating personal and tactical discussions and introductions – we are confident that this forum will result in a number of significant business partnerships.

2004 Chicago United produces Professional Services Model. In under a year, Chicago United gains commitment of 13 corporate CEOs of member companies to incorporate this model into their existing procurement practices

2006 O ur first Race & Business three-part series discussed Chicago’s role as a global city

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C H I C A G O U N I T E D 2 0 0 7 L E A D E R AWA R D S

2007 Business Leaders Program Champion: Roxanne M. Ward, Vice President & Corporate Liaison, Ariel Capital Management, LLC 2007 Organizational Visionary: Andrés T. Tapia, Chief Diversity Officer, Emerging Workforce Solutions Leader, Hewitt Associates, LLC 2007 Chicago United Ambassador: Tyronne Stoudemire, Global Director of Diversity & Inclusion, Hewitt Associates, LLC 2007 Chicago United Benefactor: Kevin B. Brookins, Vice President, Work Management & New Business, ComEd, An Exelon Company 2007 Business Leaders Program Champion Honorable Recognition: Miguel Alba, Public Affairs Director, Jewel-Osco - Midwest Division Jason Bonaparte, President, Bonaparte Corporation Jeremiah Boyle, Community Affairs Program Director, Federal Reserve Bank of Chicago Willie E. Carrington, Principal, Carrington & Carrington, Ltd. Geoffrey Centner, Regional Sales Manager, Merril Lynch Lawrena Colombo, Partner, Advisory PricewaterhouseCoopers LLP Risa R. Davis, Regional Business Banking Manager, Citibank Unis Davis, Vice President of Operations, Endow, Inc. Jeff Dorsey, Production Director, Chicago Tribune Company Lancert A. Foster, Vice President, RGMA Inc. Ben Grigaliunas, Senior Vice President, Human Resources & Administration, Advocate Health Care Charles Grode, Vice President, Education, Community Relations and Diversity, Chicago Symphony Orchestra Sonja Y. Jackson, Managing Director, Corporate Social Investment, United Airlines Debra Jennings-Johnson, Director, Supplier Diversity, BP America Inc. William E. Lee, Director, Corporate Diversity, Inclusion & Compliance, Abbott Laboratories, Inc. Stefanie Ann Lenway, Dean & Professor of Management, University of Illinois at Chicago Fawn Lopez, Vice President & Publisher, Crain’s Communication Modern Healthcare Jeanne K. Mason, Vice President, Human Resources, Baxter International Inc. Marquis Miller, Executive Director, Chicago State University Dennis Montgomery, Vice President, COR Consulting Group Deborah Morphet, Senior Vice President, Human Resources, Illinois National City Bank Sharon Morrow, Senior Vice President, Marketing, Smith Whiley & Co. K.C. Mosley, Senior Manager, Strategic Sourcing & Supplier Governance, U.S., Harris, N.A. Melissa O’Neill, Director, Management Selection & Planning, Advocate Health Care Marjorie Paddock, Vice President, Director Diversity & Workplace Equity, Harris, N.A. John P. Pascente, Managing Director, Cabrera Capital Markets, LLC Jean Pogge, Executive Vice President Funding & Operations Division, ShoreBank Corporation Sandra Rand Director, Supplier Diversity, United Airlines

2006 Chicago United hosts our first Employee Network Group summits

2006 P roduced Business Leaders of Color Legacy of Leadership Lesson Plan and Internship Program

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2007 Business Leaders Program Champions continued: Hilda S. Renteria, Partner, Prado & Renteria CPAs Professional Corporation Angela D. Robinson, Senior Vice President, Federal Reserve Bank of Chicago Belinda Rosenberger, Financial Advisor, Merrill Lynch Lisa A. Rowe, Senior Vice President, Strategic Procurement, Aon Corporation Doris Salomón-Chagin, Community Affairs Director - Midwest U.S., BP America Inc. Andrea Schwartz, Manager, External and Public Relations, Macy’s North Division, Macy’s Inc. Fred H. Siegman, President, Siegman Consulting Services, Ltd. Eric Strickland, Senior Vice President, Northern Trust Phillip W. Styles, Manager, Supplier Diversity, Aon Corporation Deborah D. Thomas, Vice President, Strategic Marketing, NJW Companies Charles W. Thurman, Vice President, Employee Trusts, Baxter International Inc. Darryl Tom, Partner, Gonzalez, Saggio & Harlan LLC Mark A. Urquhart, Vice President, Facilities, Design & Construction, The University of Chicago Medical Center James S. Williams Jr., Manager, Business Diversity, The University of Chicago Medical Center Don Wilson, Vice President, Global Talent Acquisition, Baxter International Inc. Lenny D. Asaro, Attorney at Law, Neal & Leroy, LLC 2007 Organizational Visionary Honorable Recognition: Jaclene Robinson-Ivy, Vice President, Public Affairs and Government Relations, Northern Trust 2007 Chicago United Ambassador Honorable Recognition: Anita Beard, Travel Consultant, University Travel Pedro J. Cevallos-Candau, Executive Vice President, Primera Engineers, Ltd. Lester N. Coney, Executive Vice President, Office of the Chairman, Mesirow Financial Glenn Eden, Vice President, Weber Shandwick WorldWide Beverly Huckman, Associate Vice President for Equal Opportunity, Rush University Medical Center Margaret D. Laney, General Manager, Public & Government Affairs Midwest - U.S., BP America Inc. Alexander F. Locker, Financial Advisor, Merrill Lynch David Rudd, Vice President, Weber Shandwick WorldWide 2007 Chicago United Benefactor Honorable Recognition: Albert Grace, President, Loop Capital Markets, LLC 2007 Chicago United Benefactors: Patricia Harris, Global Chief Diversity Officer, McDonald’s Corporation Jean Mulder, Principal, TeamWerks Chris Rosenthal, Director, Talent Management & Diversity, USG Corporation Gail C. Saracco, Partner, Mayer Brown LLP William Sharp, Vice President, Corporate Community Affairs, Blue Cross / Blue Shield of Illinois

2007 Introduction of the Five Forward Initiative; Awarded first James. W. Compton Research Competition winner; co-hosted the 4th Annual Minority Investment Management Forum – as well as the other impressive accomplishments outlined in this Year In Review

2008 C hicago United’s 40th Anniversary. This is the year you join us as we, together, continue to close the gap between race and business… and increase Chicago’s status as a global benchmark for diversity.

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Address: 300 East Randolph Street Mail: 11 East Pedway Drive, Chicago, IL 60601-5083

Phone: 312-977-3060 Fax: 312-977-3089 www.chicago-united.org