Committee for Economic Development
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The Committee for Economic Development of The Conference Board (CED) is a business-led public policy organization based in Washington, D.C. Its membership consists of senior corporate executives and university leaders. CED conducts research on fiscal health, education, global competitiveness, and democratic institutions. The organization hosts anually two policy conferences in Washington D.C., and the Distinguished Performance Awards Dinner in New York City.
CED was founded in 1942 by a group of business leaders led by Paul G. Hoffman, President of Studebaker Corporation; William Benton, co-founder of Benton & Bowles advertising firm; and Marion B. Folsom, treasurer of Eastman Kodak Company. CED's first mission was to help the U.S. economy transition from a war-time to peace-time economy. At the end of World War II, CED successfully worked to garner support among the American business community for the Marshall Plan.
Since its inception in 1942, CED has aimed to promote policies that bring sustained economic growth and development to benefit all Americans. CED's research findings are coupled with multi-faceted outreach efforts throughout the country and abroad to achieve tangible impact at the local, state, and national levels.
CED has made significant contributions to policies, such as:
- The Marshall Plan
- Bretton Woods Agreement
- The Employment Act of 1946
- Access to, and quality of, pre-kindergarten
- The Bipartisan Campaign Reform Act
- Corporate governance reform
On January 1, 2015, CED merged with The Conference Board, joining two of the longest standing and most respected non-profit, non-partisan voices in U.S. and global business and policy. CED maintains an independent membership, which is composed of over 150 of the nation’s preeminent business leaders, primarily at the C-suite level.
CED's Chief Executive Officer is Steve Odland, who assumed the role in 2013. Michael Petro is CED's current Executive Vice president, and Joseph Minarik is CED's current Senior Vice President and Director of Research.
CED conducts policy research and advocacy in four major areas: fiscal health, education (covering the full spectrum: early childhood, K-12, and postsecondary), global competitiveness, and democratic institutions. Through its work and leadership, CED encourages America’s business leaders to take a more expansive view of their responsibilities by practicing what it calls business statesmanship—recognizing that business leaders can promote societal health by engaging in and speaking out for the common good on timely public policy issues. CED's research is routinely cited by the press and in peer-reviewed publications, and featured at conferences nationwide.
- Adjusting the Prescription: Committee for Economic Development Recommendations for Health Care Reform (2015)
- The Role of Business in Promoting Educational Attainment: A National Imperative (2015)
- Every Other One: More Women on Corporate Boards (2014)
- How Business Leaders Can Support College- and Career-Readiness (2014)
CED's policy conferences are forums for Members, senior policy makers, and industry leaders to discuss pressing national issues that are aligned with CED’s core policy areas: the economy, education, global competitiveness, and democratic institutions. To advance reasoned solutions from business in the nation’s interest, CED convenes for two days, twice-yearly, to address these seminal economic issues.
Recent and distinguished speakers include:
- Secretary of Education, Arne Duncan
- Former Secretary of Education, Margaret Spellings
- Former Secretary of Health and Human Services, Kathleen Sebelius
- Senator Mark Warner
- Senator Bob Corker
- Senator Saxby Chambliss
- Former Governor Tom Kean
- Congressman Patrick McHenry
- Congressman Joe Pitts
- Congressman Kurt Schrader
- Congressman Adam Kinzinger
The Distinguished Performance Awards Dinner
The Distinguished Performance Awards Program recognizes business leaders who have answered the call for leadership in their companies and the communities in which they operate. Highlighting the outstanding work of our Distinguished Performance Awardees offers the business community strong examples they can follow.
- Glenn Hutchins, Co-Founder, Silver Lake, Owen B. Butler Education Excellence Award
- Denise Morrison, President and CEO, Campbell Soup Company, Corporate Citizenship Award
- Marilyn Carlson Nelson, Co-CEO, Carlson Holdings; Former Chairman and CEO, Carlson, Leadership in Diversity Award
- Peter G. Peterson, Founder and Chairman, Peter G. Peterson Foundation, CED Leadership Award
- Inge G. Thulin, Chairman, President and CEO, 3M, Peter G. Peterson Business Statesmanship Award
- Jørgen Vig Knudstorp, CEO,The LEGO Group, Global Leadership Award
- Committee for Economic Development's Official Website
- Concerns About the Postwar Economy after WW II CED segment starts at the 4 minute mark.