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Thursday, November 14, 2024

Just who is behind the Civic Committee of the Commercial Club of Chicago's tax hike proposal?

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The Civic Committee of the Commercial Club of Chicago, a group of top executives from the area’s biggest employers, this week proposed paying off more than $130 billion in state pension debt by hiking taxes while leaving the pensions themselves largely untouched.

The group called for a new tax on retirement income, a 1 percent hike in personal and corporate income tax, and applying the state’s sales tax to a broader range of consumer services. It also proposed slashing general state spending, and health insurance for state workers and retirees. 

Altogether, the plan would increase the state’s annual revenue by approximately $6 billion. 

“Illinois needs to repair its fiscal condition, which is the biggest impediment to the strong economic and job growth our state needs,” Jay Henderson, chairman of the Civic Committee’s Tax Policy Task Force, said in a statement accompanying the release of the “Restore Illinois: A Foundation for Growth" plan. “It is a solvable problem and we have laid out a five-year framework that does it.”

Chicago City Wire took a look at just who serves on the Civic Committee, including their voting records in previous primary elections. Here is what we found.

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Members of the Civic Committee of the Commercial Club of Chicago

MemberTitleCompanyDemGOPTotal
Frederick H. WaddellChairman of the BoardNorthern Trust Corporation010
E. Scott SantiChairman & CEOITW000
Kelly R. WelshPresidentCivic Committee 202
Carl S. AllegrettiChicago Managing PartnerDeloitte LLP000
Larry A. BardenChairman, Management CommitteeSidley Austin LLP011
Melissa L. BeanChairman of the MidwestJPMorgan Chase101
George W. BilicicVice Chairman of Investment BankingLazard000
Greg Q. BrownChairman & Chief Executive OfficerMotorola Solutions011
John A. Canning, Jr.ChairmanMadison Dearborn Partners, LLC011
Patrick J. CanningManaging PartnerKPMG LLP, Chicago011
David R. CasperPresident and CEOBMO Harris Bank N.A.022
James B. ColemanChicago Office Managing DirectorAccenture000
Sean M. ConnollyPresident and CEOConagra Brands000
Christopher M. CranePresident and CEOExelon Corporation022
James S. CrownChairman and CEOHenry Crown and Company101
Lester CrownChairmanCC Industries, Inc.011
Stephen A. CruiseManaging Director, Global Co-Head of Industrial Corporate AdvisoryGreenhill & Co., LLC022
Deborah L. Dehaas*Vice Chairman, National Managing Partner for the Center for Board EffectivenessDeloitte022
Mary N. DillonCEOUlta Beauty202
Craig J. DuchossoisChairman & CEOThe Duchossois Group, Inc.022
Stephen J. EasterbrookPresident & CEOMcDonald's Corporation000
Rahm Emanuel*MayorCity of Chicago909
John R. EttelsonPresident & CEOWilliam Blair & Company101
Charles L. EvansPresident & CEOFederal Reserve Bank of Chicago000
Tyrone C. Fahner*Partner and Former ChairmanMayer Brown LLP011
W. James Farrell*Retired Chairman & CEOIllinois Tool Works, Inc.000
Michael W. Ferro, Jr.ChairmanMerrick Ventures, LLC000
Thomas P. FitzgeraldChairmanWinston & Strawn LLP000
Michael T. FoleyCEOZurich North America000
Matthew R. GibsonHead of Global Investment Banking, Client Coverage Goldman, Sachs & Co.000
James T. Glerum, Jr.Managing Director and Chairman, Regional Banking for North AmericaCitigroup, Global Markets, Inc.020
Richard C. GodfreyPartner  Kirkland & Ellis LLP000
Richard A. GonzalezChairman of the Board & CEOAbbVie000
Larry J. Goodman, M.D.CEORush University Medical Center000
Kelly GrierU.S. Chairman and Managing Partner, Americas Managing PartnerErnst & Young LLP020
Kenneth C. GriffinFounder & CEOCitadel, LLC066
Dean M. HarrisonPresident & CEONorthwestern Memorial Healthcare000
Jay L. Henderson*Retired Vice Chairman, Client ServicePricewaterhouseCoopers LLP011
Stephen JohnsonExecutive Vice President - Corporate AffairsAmerican Airlines000
Kishan G. KhemaniPartnerA.T. Kearney, Inc.000
Timothy L. KilleenPresidentUniversity of Illinois System000
Lester B. Knight IIIFounding Partner and ChairmanRoundTable Healthcare Partners000
James P. KolarCentral Market Managing PartnerPricewaterhouseCoopers LLP000
Matthew KrentzSenior Partner and Managing DirectorThe Boston Consulting Group, Inc.010
Paul V. La SchiazzaPresidentAT&T Illinois010
Paul LambertMarket PresidentBank of America000
Edward M. Liddy*Retired Chairman & CEOThe Allstate Corporation000
Juan R. LucianoChairman, President & CEOArcher Daniels Midland Company000
Dg MacphersonChairman & CEOW.W. Grainger, Inc.100
John W. Madigan*Retired Chairman & CEOTribune Company000
Joe MansuetoExecutive DirectorMorningstar, Inc.020
R. Eden Martin*Former PresidentCivic Committee020
Charles MatthewsPresident & CEOPeoples Gas/North Shore Gas000
Lester H. Mckeever, Jr.Managing PrincipalWashington, Pittman & McKeever, LLC200
Andrew J. MckennaChairmanSchwarz Supply Source202
Dennis MuilenburgChairman, President & CEOThe Boeing Company000
Oscar MunozCEOUnited Airlines101
David W. NelmsChairman & CEODiscover Financial Services000
Michael G. O'GradyChief Executive OfficerNorthern Trust Corporation000
William A. OsbornRetired Chairman & CEONorthern Trust Corporation011
Sheila Penrose*ChairmanJLL000
Richard S. PriceChairman & CEOMesirow Financial101
Penny PritzkerFounder and ChairmanPSP Partners202
Tom PritzkerExecutive ChairmanHyatt Hotels Corporation000
Frank S. PtakChairman & CEOMarmon Holdings, Inc.000
Bruce V. Rauner*Former GovernorState of Illinois156
Andrew ReyesChief Customer and Commercial Officer of Great Lakes Coca-ColaReyes Holdings, LLC000
James ReynoldsCo-Founder, Chairman & CEOLoop Capital101
Thomas E. RichardsChairman & CEOCDW LLC022
Larry D. RichmanPresident & CEOCIBC Bank USA011
John W. Rogers, Jr.Chairman & CEOAriel Investments, LLC202
John W. Rowe*Chairman EmeritusExelon Corporation022
James T. RyanChairman, President & CEOW. W. Grainger, Inc.000
Patrick G. RyanChairman & CEORyan Specialty Group022
Patrick G. Ryan, Jr.Founder & CEOIncisent LABS Group011
Michael J. SacksChairman & CEOGCM Grosvenor000
John F. SandnerRetired ChairmanCME Group000
Jennifer F. ScanlonPresident & CEOUSG Corporation100
Morton SchapiroPresident and ProfessorNorthwestern University100
Gordon I. SegalManaging PartnerPrairie Management Group020
Virginia SimmonsManaging Partner, Midwest OfficeMcKinsey & Company000
Martin P. SlarkCEOMolex, LLC000
Harrison I. SteansChairman of the Executive CommitteeFinancial Investments Corporation011
Paula SteinerPresident & CEOHealth Care Service Corporation101
Scott C. SwansonPresidentPNC Bank, Illinois000
Paul W. TheissChairmanMayer Brown LLP010
Richard L. ThomasRetired Chairman*First Chicago NBD Corporation000
Edward T. TillyChairman & CEOCBOE Global Markets000
David B. WeinbergChairman & CEOJudd Enterprises, Inc.022
Miles D. WhiteChairman & CEOAbbott022
Melvin D. WilliamsPresidentNicor Gas000
Donald R. Wilson, Jr.Founder & CEODRW Holdings, LLC000
Thomas J. WilsonChairman, President & CEOThe Allstate Corporation000
W. Rockwell WirtzPresidentWirtz Corporation101
Robert A. WislowChairmanCBRE Chicago202
Robert J. ZimmerPresidentUniversity of Chicago011

Total355773
Source: Civic Committee of the Commercial Club of Chicago and Illinois State Board of Elections

*Honorary Member

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