TCN Quote Of The Week

"Standing with our members and providing peace of mind to families and individuals during some of the most meaningful moments in their lives has provided me some of the most meaningful  moments of my own."

 

- Patricia Hemingway Hall (2008)  

President & CEO,

Health Care Service Corporation 

TCN Members in the News
PATRICIA HEMINGWAY HALL TO RETIRE FROM HEALTH CARE SERVICE CORPORATION
Patricia Hemingway Hall (2008) will retire after seven years as the top executive at Health Care Service Corporation, one of the nation's largest health insurance companies and the parent of Blue Cross and Blue Shield plans in Illinois, Texas, Oklahoma, New Mexico and Montana.

"During my tenure, we have made significant investments in our future, and we remain well positioned to continue expanding access for coverage for as many people as possible in our states," Patricia said in a statement issued this afternoon.

"Standing with our members and providing peace of mind to families and individuals during some of the most meaningful moments in their lives has provided me some of the most meaningful  moments of my own," she added. "There comes a point, however, when a career  journey ends, and this time feels right to me."

Click here for the official press release.  
Crain's


KATE MAEHR ON TECH MILLIONAIRE FUNDING 

Kate Maehr (2008), CEO of the Greater Chicago Food Depository, sees definite differences in the old-school philanthropist versus a tech entrepreneur. The more traditional audience sometimes questions whether hunger still exists, she says. "There's disbelief about the need." The new philanthropist, meanwhile, is "more eager to witness the need firsthand" by going out into the community. She also points out that tech types have a different commitment. "It's about voluntarism and money and developing technological tools that can support our work. They're more 'all in.'" Read more... 

RECORD NUMBER OF WOMEN IN KELLOGG'S NEW MBA CLASS 

Northwestern University's Kellogg School of Management (Sally Blount, Dean (2011)) boosted the share of women in its incoming full-time MBA class to a lofty 43 percent, tying a record for elite programs set last year by the University of California at Berkeley's Haas School of Business. Kellogg's new class, totaling 492, also scored an average 8 points higher (724) on the GMAT entrance exam than last year's class did.   

 

"I think having a female dean really resonates with a lot of people, particularly women," said Beth Tidmarsh, Kellogg's admissions director. Read more...  


SYLVIA PUENTE SUN TIMES OP-ED
This week, Sylvia Puente, Executive Director of Latino Policy Forum (2011) published an Op-Ed article in the Sun Times titled, "CPS leadership woefully short on Latinos." Read more...
VENTAS APPROVES HEALTHCARE SPIN-OFF: CARE CAPITAL PROPERTIES INC. 
The board of Ventas Inc. has approved the spin-off of most of the healthcare REIT's post-acute/skilled nursing facility portfolio into a separate company. To be known as Care Capital Properties Inc., the spinoff REIT will trade on the New York Stock Exchange under the CCP symbol beginning next month, following a stock distribution to VTR shareholders that's expected to close on August 17.

"This transaction brings significant benefits to both Ventas and CCP," says Debra A. Cafaro (2007), chairman and CEO of Ventas Inc. Read more... 
Women on Boards   
DIANE M. AIGOTTI APPOINTED TO PRIVATEBANCORP BOARD OF DIRECTORS 
PrivateBancorp, Inc. announced that Diane M. Aigotti Managing Director & CFO, Ryan Specialty Group (2001) has been appointed to its Board of Directors. Diane's appointment is effective immediately.

"We are pleased to welcome Diane and Richard, both of whom bring valuable experience and skills to our board," said James M. Guyette, Chairman, PrivateBancorp, Inc. "Their perspectives will help to strengthen our effective board oversight as the bank continues its successful growth." Read more... 

RUTH ANN M. GILLIS APPOINTED TO VOYA FINANCIAL INC. BOARD OF DIRECTORS 
Voya Financial, Inc. announced that Ruth Ann M. Gillis (1999) has been elected to the company's board of directors. Ruth Ann retired in 2014 as executive vice president and chief administrative officer of Exelon Corporation, and president, Exelon Business Services Company. She will serve on the board's finance committee and the compensation and benefits committee. Read more... 
MARY JO HERSETH JOINS THE DOMINICAN UNIVERSITY'S BOARD OF TRUSTEES
Mary Jo Herseth (2008) SVP, Head of Banking, BMO Private Bank, was elected to the Dominican University's Board of Trustees. Mary Jo is looking forward to working with Donna Carroll (1996), the university's President. 

DEB DEHAAS ON INCREASING THE NUMBER OF WOMEN IN THE BOARDROOM   
Deb DeHaas (2000), Vice Chairman, Chief Inclusion Officer, Deloitte LLP provided an interview regarding the increasing number of women in the boardroom.
Corporate boards are looking to add women to their ranks; they need to open their aperture to see the benefits, forward-looking views and skillsets that gender diversity could bring to boardroom discussions.

"Numerous studies have found that companies with women on their boards outperform those with less gender diversity on their boards, in terms of share price and performance, as well as certain financial metrics, including return on equity. Other studies have found that having more women on boards and their impact on decision-making can enhance shareholder value." Read more... 
FROM KAPILA ANAND (2010):
WCD CHICAGO MEETING: CYBERSECURITY RISKS FROM A BOARD PERSPECTIVE

Thursday, October 22 

 

  

  

5:30 - 6:00 p.m. - Cocktails  

6:00 - 7:30 p.m. - Dinner and Speaker

Northern Trust

Global Conference Center, Main Floor

50 South LaSalle Street    

 

RSVP to Jeannette Peters: jfpeters@kpmg.com 
Please enter Northern Trust through the Monroe Street entrance and proceed to the Global Conference Center on the main floor to collect your name badge. Once there, the Executive Dining Team will greet you.

 

 

General Peter Pace, a cybersecurity expert, familiar with National Institute of Standards and Technology (NIST) guidelines is currently serving on the Board of Directors of several corporate entities involved in management consulting, private equity, and IT security and will discuss cybersecurity from a Board perspective. Gen. Pace retired from active duty on October 1, 2007, after more than 40 years of service in the United States Marine Corps. He was sworn in as sixteenth Chairman of the Joint Chiefs of Staff on September 30, 2005. In this capacity, he served as the principal military advisor to the President, the Secretary of Defense, the National Security Council, and the Homeland Security Council. Prior to becoming Chairman, he served as Vice Chairman of the Joint Chiefs of Staff. In June, 2008, General Pace was awarded the Presidential Medal of Freedom, the highest civilian honor a President can bestow.

 

RSVP: Jeannette Peters at jfpeters@kpmg.com by October 1 and include any dietary restrictions. In addition to The Chicago Network, this event is also open to members of the Chicago Finance Exchange and C200.   

New Roles  
QUANTUM HEALTH NAMES JAN BERGER AS CHIEF CLINICAL STRATEGIST 
Quantum Health, the leader in care coordination and consumer navigation, announced today that it has named Jan Berger, M.D., M.J., President & CEO Health Intelligence Partners (2011) as chief clinical strategist. Jan will serve as the senior consulting liaison between the company's client partners and clinical leadership and will set the direction and framework for clinical care coordination at Quantum Health. Jan will also be an asset in the expansion of the company's Personalized Solution Enabler, the first product in the health benefits marketplace to provide customized guided solutions for every health plan member's individual healthcare needs.

"Quantum Health is the leader in an important and growing segment of the healthcare industry," said Jan Berger, "their groundbreaking consumer-focused approach, industry-leading levels of engagement and ability to reduce costs and improve outcomes is what self-insured employers should be considering in order to maximize the value of their benefits plans, keep employees healthy and keep their costs in line. It is an exciting time to be at Quantum Health, and I'm looking forward to contributing to the continued success of the company." Read more... 
Awards and Announcements
DSC LOGISTICS 2015 PARTNER SUMMIT ON "THE POWER OF INFLUENCE" 
Ann Drake (2000), CEO, DSC Logistics, hosted DSC's seventh annual Partner Summit in Lake Geneva, Wisconsin, July 15-16. The theme of the Summit was "The Power of Influence: Getting Things Done Across Boundaries & Barriers." Read more...
 
RR DONNELLEY ANNOUNCES INTENT TO CREATE THREE INDEPENDENT PUBLICLY TRADED COMPANIES
On August 4, RR Donnelley & Sons Company (Sue Bettman, EVP, General Counsel, Corporate Secretary and Chief (2005)) announced its intentions to create three independent publicly traded companies. One business focused on financial communications and data services; one business focused on publishing and retail-centric print services; and one business focused on customized multichannel communications management. Click here for the official press release.
THE CHICAGO ARCHITECTURE FOUNDATION REVEALS THE WINNING DESIGNS FOR THEIR LAKEFRONT KIOSK PROGRAM 
As part of the Chicago Architecture Foundation's Chicago Architecture Biennial (Lynn Osmond, President & CEO (2004)), the Lakefront Kiosk Competition received 421 entries from designers in more than 40 countries. Of those entries, the jury identified Ultramoderne's piece titled Chicago Horizon as the winner of the BP Prize. In addition to Chicago Horizon, three other kiosks will be installed along the lakefront. These kiosks are the result of collaborations between local schools of architecture and architects from around the world.
 

For a closer look of Chicago Horizon, click here.
To see all submissions to the Lakefront Kiosk Competition, click here.
SAINT XAVIER UNIVERSITY ALUMNI RETURN TO ALMA MATER
Each academic year, students from Saint Xavier University (Christine Wiseman, President (2012)) graduate and leave memories of their time in school. Most graduates find jobs, others look for new schools to receive higher degrees; but some end up returning to their alma mater as faculty and staff members.
As students, returning alumni embraced their academic excellence to achieve their degrees; now, they embrace SXU's core value of service as they help pay-it-forward to the next generation of students.

Click here for the official press release.
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Elizabeth Stigler
Communications Director

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