ECNY: Webcast Virtual Event

Diversity, Equity & Inclusion Series

We are honored to welcome Nancy Sims, President and CEO of the Toigo Foundation. With 30 plus years of experience in the financial services and nonprofit industries, Nancy will discuss the importance of a diverse workforce and how an increase in diversity of the organization across all levels, is imperative to the success of a company.

ECNY: Webcast Virtual Event

Author Series

Phil Gramm, American Economist and Former Texas U.S. Senator will virtually address our members. He will also discuss his new book "The Myth of American Inequality, How Government Biases Policy Debate."

ECNY: Signature Luncheon & Webcast

Signature Luncheon with David Malpass, President of The World Bank Group.

Developing countries are facing an unprecedented set of overlapping crises–the deepest global economic slump in 80 years, the worst food crisis in a decade, surging inflation, war in Ukraine, effects of climate change, and the continued negative effects of COVID-19. David will lead us in a conversation about the impacts on inequality and outline approaches that can help countries withstand these impacts, protect the poorest and most vulnerable, and restore economic growth.

ECNY: Webcast Virtual Event

Diversity, Equity & Inclusion Series

We are pleased to have Marc Norman, Larry & Klara Silverstein Chair in Real Estate Development & Investment, and Associate Dean of the Schack Institute of Real Estate at NYU join us in conversation with David C. Benson, President & Interim CEO, Fannie Mae. As a part of our DEI series, David will discuss ways to create a new roadmap for equity and sustainability for renters and homeowners in a fast-changing housing market.

ECNY: Webcast Virtual Event

Should corporations take position on social and political issues?

Join us fo a panel discussion with: H. Rodgin Cohen, Senior Chair, Sullivan & Cromwell LLP., Joele Frank, Managing Partner at Joele Frank, Wilkinson Brimmer Katcher, Tom Johnson, CEO of Abernathy MacGregor and Jeffrey Sonnenfeld, Senior Associate Dean and Lester Crown Professor at the Yale School of Management.

FORTUNE:  What Elon Musk, David Solomon, and other CEOs are saying about the likelihood of a recession–and how they’re preparing for it



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ECNY: Webcast Virtual Event

Sara Armbruster, President & CEO of Steelcase, will discuss ways in which technology can help businesses "earn their employee's commute" by supporting hybrid work models, establishing connections and designing a work environment that drives belonging and community.

FOX BUSINESS: Larry Summers warns inflation unlikely to fall without 'significant economic downturn'

"I think it is unlikely — very unlikely — that we will see inflation come down to target range without a significant economic downturn," Summers said Wednesday during a panel discussion hosted by the Economic Club of New York.


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ECNY: Webcast Virtual Event

The Economic Club of New York is honored to welcome back two of America's leading economists, R. Glenn Hubbard and Lawrence H. Summers, who will speak on the trajectory of monetary policy and its implications.

NY POST: Back-to-school spending expected to plunge from last year’s highs
Target chief executive Brian Cornell said this month that he will be closely monitoring consumer spending during the Fourth of July holiday weekend – how far consumers are willing to travel and how much they spend on food – as a gauge of the health of consumer. “July 4th weekend will be really important,” Cornell said during a presentation to the Economic Club of New York.

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ECNY: Award Dinner

Roger Ferguson and Stanley Fischer will be recognized as recipients of the 2022 Peter G. Peterson Leadership Excellent Award at a special dinner.

During their illustrious careers, both recipients served as Vice Chairs of the Board of Governors of the Federal Reserve among their many accomplishments in the public and private sectors.

The Award for Leadership Excellence was originally inaugurated in 2011 through a generous personal gift from the late Peter G. Peterson, former Chair and long-time Member of the Economic Club of New York. In 2021, the award was re-named to pay homage to its creator.

Past honorees include George P. Shultz, Paul Volcker, Alice Rivlin, Alan Greenspan, and Henry Kissinger.

Award recipient Roger W. Ferguson Jr. will address members at the event.

Yahoo! Finance: Target CEO on inflation, inventories: 'We are in an environment many of us haven't seen before'

Target (TGT) CEO Brian Cornell cited inflation and "historic highs with inventory levels" as he pulled back the curtain on his major decision to aggressively markdown inventory amid "an environment many of us haven't seen before" in remarks on Tuesday.

"I recognized after a few weeks of looking at our own stores, analyzing our business, looking at competition, and hearing from our team that we [had] to address this problem upfront," Cornell explained at an event held at The Economic Club of New York.

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ECNY: Signature Luncheon

As the leader of one of the largest U.S. retailers, Brian Cornell will discuss how his team continues to navigate macro challenges that are impacting our country's economy and businesses, some key factors that helped Target successfully serve consumers throughout the pandemic, and the company's ongoing commitment to New York communities.

ECNY: Signature Luncheon

Join us for a Signature Luncheon as we welcome Evan G. Greenberg, Chair and CEO of Chubb. With Chubb's extensive global operations including throughout Asia, Evan will provide the case in defense of the economic benefits to America of international trade and investment, including with China.

ECNY: Webcast Virtual Event

We are pleased to welcome Shawn Henry, President, CrowdStrike Services and Chief Security Officer. As a leader in cybersecurity, Shawn will share his insights on actions companies should take in the event of a breach including proactive security measures, governance, and corporate readiness.

ECNY: Signature Luncheon

Join us for a Signature Luncheon as we welcome Paul Cormier, President and Chief Executive Officer of Red Hat. A major IBM subsidiary, Red Hat is the world's leading provider of open source technologies for enterprises.

The Club will be rescheduling a new date with Arvind Krishna, Chair and CEO, IBM As previously scheduled for June 7th.

ECNY: Webcast Virtual Event

We are honored to welcome Nicole A. Elam, Esq., President & CEO, National Bankers Association. With a career beginning in civil rights advocacy, Nicole will guide us in a discussion on inclusive financial services, strengthening minority banks and businesses, and dive into how innovation and technology can help eliminate the racial wealth gap.

FOR IMMEDIATE RELEASE








AMZG Agency
[email protected]
May 31, 2022
 


New York, NY – May 31, 2022 – The Economic Club of New York is pleased to announce its 2022 annual Peter G. Peterson Leadership Excellence Award is being presented to Roger Ferguson and Stanley Fischer in recognition of their distinguished careers–both of whom served as Vice Chairs of the Board of Governors of the Federal Reserve among their many accomplishments in the public and private sectors.

The prestigious recognition is bestowed upon former or current policy makers whose exemplary achievements in public service have protected and enhanced the free-market system, expanded employment, and enabled robust economic growth. Recipients stand in good company among previous winners including George P. Shultz, Paul Volcker, Alice Rivlin, Alan Greenspan, and Henry Kissinger.

Mr. Ferguson is hailed as the unsung hero during the 9/11 crisis for his leadership at the Federal Reserve during an unprecedented time when financial markets were under extreme stress. He served as CEO and President of TIAA between 2008 and 2021. During Mr. Ferguson’s tenure, he guided TIAA, a Fortune 100 organization and the largest provider of retirement services to the educational, cultural, medical and research community, as it increased assets under management and administration from to nearly $1.3 trillion from less than $500 billion while navigating the crises of 2008-2009 and 2020-2021. According to John C. Williams, Chair of The Economic Club of New York and President of the Federal Reserve Bank of New York, “After a remarkable career at the Federal Reserve and in the financial sector, Roger continues to share his wisdom and extraordinary judgment on many corporate, financial, academic and non-profit boards. I could not be more delighted to present such a significant honor to such an exemplary leader.”
In his numerous roles—as Governor of the Bank of Israel navigating successfully through the Global Financial Crisis, as First Deputy Managing Director of the IMF, as Chief Economist at the World Bank, and leadership positions in the private sector—Mr. Fischer has played a central role in the global economy and markets throughout his incredible career. Mr. Williams added, “Stan has had an extraordinary career as a central bank leader, a thought leader, and a teacher, with both Ben Bernanke and Mario Draghi being among his former students. It is noteworthy that both of these exceptional leaders brought to their public service responsibilities the unique skills and experience they acquired through their many successes in the private sector to the benefit of all of us."

Barbara Van Allen, President and CEO of The Economic Club of New York, said, “We are excited to pay homage to Roger and Stan for their varied and distinguished careers and their support of the mission of the Club throughout their illustrious careers."
The Economic Club of New York will invite its members and their invited guests to a formal presentation at an event in Manhattan on June 27th.

The Leadership Excellence Award was inaugurated in 2011 originally through a generous personal gift from the late Peter G. Peterson, former Chair and long-time member of the Economic Club of New York. In 2021, the award was re-named to pay homage to its creator.

The now Peter G. Peterson Leadership Excellence Award has furthered the Club’s reputation as a leader in fostering and promoting sound economic and public policy. Today, the platform is also utilized as an avenue to engage and educate future generations of leaders on the importance of sustainable economic policy in a complex and ever-changing world.




About The Economic Club of New York:

For 115 years, the Economic Club of New York has been one of the premier speaking platforms for economic policy addresses. Major figures of their time have used its podium to announce policy initiatives, from Nikita Khrushchev's speech on trade during his historic 1959 visit to the United States to John F. Kennedy making his case for tax cuts in 1962 to Chinese Premier Zhu Rongji predicting China would join the World Trade Organization in 1999.
The non-partisan organization has nearly 1,200 members from academia, business, finance and government. For more information: www.econclubny.org

ECNY: Webcast Virtual Event

We are pleased to welcome Tony James, Chair of Jefferson River Capital and Costco Wholesale Corporation. Tony will share his insights on the dynamic changes in private equity and investing across sectors.

ECNY: Signature Luncheon & Webcast Event

Join us for a Signature Luncheon as we welcome John W. Rogers Jr., Chair and Co-CEO of Ariel Investments. With his life-long passion for financial markets, Club Trustee John will join us in a conversation on the value and importance of investment management and financial literacy.