Dear Member:

Thank you to all the members and guests who attended tonight's Annual Dinner Meeting featuring an engaging conversation between Robert A. Iger of The Walt Disney Company and Mellody Hobson. It was a wonderful occasion for the Nominating Committee to recommend the below slate of incoming officers and directors, which will be effective July 1, 2015, after ratification by the full board of directors.

We are very pleased to announce that Ilene S. Gordon, chairman, president and CEO of Ingredion Incorporated, has been selected chairman of the ECC board of directors effective July 1, 2015. Ilene, who will be the first female chairman in the Club's 88-year history, will succeed John R. Ettelson, president and CEO of William Blair & Company, whose two-year term will end on June 30.

Officers:

CHAIRMAN: Ilene S. Gordon, Chairman, President & CEO, Ingredion Incorporated

FIRST VICE CHAIRMAN, PROGRAMS: Robert A. Livingston, President & CEO, Dover Corporation

SECOND VICE CHAIRMAN, FORUMS: Michael C. Krauss, President, Market Strategy Group

TREASURER: Kym Hubbard, Treasurer, Chief Investment Officer & Global Head of Investments, Ernst & Young LLP

SECRETARY: Michael J. Walker, President, SpaceLogik, LLC

PRESIDENT & CEO: Donna F. Zarcone, The Economic Club of Chicago

EX OFFICIO: John R. Ettelson, President & CEO, William Blair & Company

At-Large Executive Committee Members and Continuing Directors:

Jeffrey S. Aronin, Chairman & CEO, Marathon Pharmaceuticals and Paragon Pharmaceuticals

Craig J. Duchossois, Chief Executive Officer, The Duchossois Group, Inc.

J.B. Pritzker, Managing Partner, Pritzker Group

Beth Reese, President, Nicor Gas

Alejandro Silva, Chairman, Evans Food Group Ltd.

Incoming Directors:

Elizabeth Hartigan Connelly, Industry Head, Healthcare, Higher Education and Not-for-Profit, JPMorgan Chase & Co.

Mary Dillon, Chief Executive Officer, Ulta Beauty

Anil Kumar, Co-Founder & CEO, Quinnox

Reeve B. Waud, Founder & Managing Partner, Waud Capital Partners, LLC

Continuing Directors:

Ellen S. Alberding, President, The Joyce Foundation

Patricia H. Besser, Managing Director, U.S. Trust, Bank of America Private Wealth Management

Suzanne S. Bettman, Executive Vice President, General Counsel, Corporate Secretary & Chief Compliance Officer, RR Donnelley

Greg Brown, Chairman & CEO, Motorola Solutions

Debra A. Cafaro, Chairman & CEO, Ventas

James A. DeZellar, Managing Director, Chicago Equity Partners, LLC

Brian D. Fabes, Chief Executive Officer, Civic Consulting Alliance

Michael W. Ferro, Jr., Chairman & CEO, Merrick Ventures, LLC

Margo Georgiadis, President, Americas, Google Inc.

James Gray, Chief Executive Officer, G-Bar Limited Partnership, and Founder, optionsXpress

Kenneth C. Griffin, Founder & CEO, Citadel

Dean M. Harrison, President & CEO, Northwestern Memorial HealthCare

Jack Hartman, Executive Vice President, Arcadis

Patricia A. Hemingway Hall, President & CEO, Health Care Service Corporation

David G. Herro, Deputy Chairman & Chief Investment Officer, International Equities, Harris Associates LP

Mellody Hobson, President, Ariel Investments

Phyllis M. Lockett, Chief Executive Officer, LEAP Innovations

Martin H. Nesbitt, Co-CEO, The Vistria Group

Anne R. Pramaggiore, President & CEO, ComEd

James Reynolds, Chairman & CEO, Loop Capital Markets, LLC

Thomas S. Ricketts, Executive Chairman, Chicago Cubs, and Chairman, Incapital, LLC

Desiree Rogers, Chief Executive Officer, Johnson Publishing Company, LLC

Manuel Sanchez, Managing Partner, Sanchez, Daniels & Hoffman

Scott Santi, President & CEO, Illinois Tool Works Inc.

Greg D. Smith, Executive Vice President of Business Development and Strategy & Chief Financial Officer, The Boeing Company

Donald Thompson, Retired President & CEO, McDonald's Corporation

Glenn F. Tilton, Retired Chairman of the Board, United Continental Holdings, Inc.

Frederick H. Waddell, Chairman & CEO, Northern Trust

Eric E. Whitaker, M.D., M.P.H., Chairman & CEO, TWG Partners, LLC

Kevin W. Willer, Partner, Chicago Ventures

Andrea L. Zopp, President & CEO, Chicago Urban League

Please join me in congratulating this outstanding slate of incoming board members.

I would also like to extend my thanks to our retiring board members for their extraordinary service and ongoing commitment to the Club: Carol Lavin Bernick, John A. Challenger, Charles L. Evans, Siddharth N. Mehta, Michael J. Sacks and David B. Weinberg.

Sincerely,

Donna F. Zarcone

President & CEO

The Economic Club of Chicago