NACD Board Leadership Conference NACD Chapter System

Navigating Change: The Trump Administration Impact On Corporate Boardrooms

March 2, 2017
Chicago, IL





What do 2016 election results mean for corporate boardrooms?

The question is not if, but how the November election results will impact corporate boardrooms. This program promises a lively and informative discussion of the potential for changes in trade, regulatory and financial environments under the Trump administration and how directors can think about the inevitable uncertaintes:
• Will there, in fact, be a shift from globalization toward protectionism?  How should directors navigate potential changes in tariffs, trade policies and immigration?

• Will reporting requirements be simplified? Is it possible that parts of Dodd Frank will be rolled back?

• Will Patient Protection and Affordable Care Act be scaled back, repealed, or replaced?  On what issues should Directors be focused

• How will the New Administration and Congress address corporate tax rates, where might they begin, and how long before corporations might see some relief?


Directors will face new discussions and changing landscape. We have an expert panel to provide insights and perspective.


  The US Election: Implications for Companies and Boards
  Deregulation 2017 Dismantling Dodd-Frank
  Event Summary Notes

Location and Time


The Chicago Club
81 E. Van Buren St
Chicago, IL 60605

7:30-7:45 a.m. Registration/Networking

7:45-9:00 a.m. Program/Breakfast

9:00-9:30 a.m. Networking

Speaker Spotlight


Austan Goolsbee

Panelist Austan D. Goolsbee is the Robert P. Gwinn Professor of Economics at the University of Chicago Booth School of Business, and one of the world’s leading experts on business, government, and the economy. He previously served as the Chairman of President Barack Obama's Council of Economic Advisers, as a member of the President's cabinet, and as the chief economist for the President’s Economic Recovery Advisory Board (chaired by Paul Volcker). Mr. Goolsbee's research has earned him recognition as a Fulbright Scholar and an Alfred P. Sloan fellow. In prior years he was named one of the 100 Global Leaders for Tomorrow by the World Economic Forum, and one of the six "Gurus of the Future" by the Financial Times. His ability to explain economics clearly has made Goolsbee popular in the media. Jon Stewart describes him as "Eliot Ness meets Milton Friedman" and he has twice been named as a "star" professor by BusinessWeek's "Guide to the Best Business Schools." Mr. Goolsbee serves on the Economic Advisory Panel to the Federal Reserve Bank of New York and has previously served on the Panel of Economic Advisors to the Congressional Budget Office, the U.S. Census Advisory Commission and as a special consultant for Internet Policy to the Antitrust Division of the Department of Justice. He joined Chicago Booth in 1995. Mr. Goolsbee earned his bachelor’s and master’s degrees in Economics from Yale University and his Doctor of Philosophy degree in Economics from the Massachusetts Institute of Technology.

Bill Osborne

Panelist Bill Osborn is Retired Chairman and Chief Executive Officer of Northern Trust Corporation. He joined Northern Trust in 1970 and subsequently held leadership positions in the Commercial Banking and Personal Financial Services Business Units. He was named President and Chief Operating Officer in December 1993 and was named Chief Executive Officer, in addition to President, in June 1995. He became Chairman in October 1995 and ended his tenure as Chief Executive Officer on December 31, 2007. He retired as Chairman on November 11, 2009. He has been named twice as one of the 100 best CEOs in the world by Harvard Business Review. Mr. Osborn is a director of Abbott Laboratories, Caterpillar Inc., and General Dynamics Corporation. He is chairman of the Board of Trustees of Northwestern University and is also a member of the Advisory Board of the J. L. Kellogg Graduate School of Management at Northwestern. He serves on the Board of Directors of Northwestern Memorial HealthCare, and the Lyric Opera of Chicago. He is a director of The Chicago Council on Global Affairs. He is a former director of New Schools for Chicago and the Terra Foundation of American Art. He is past chairman of the Chicago Symphony Orchestra Association, the United Way of Metropolitan Chicago Inc., The Commercial Club of Chicago, and the Civic Committee of The Commercial Club of Chicago. He is a life trustee of the Chicago Botanic Garden, the Chicago Symphony Orchestra Association, the Chicago Urban League and the Museum of Science and Industry. Mr. Osborn holds a B.A. degree and an M.B.A. degree from Northwestern University.

Steve Kaplan

Moderator Steven N. Kaplan is the Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance at the University of Chicago Booth School of Business, and the Thomas Cole Distinguished Visiting Professor Chair at the University of Chicago Law School. Mr. Kaplan is also the faculty director of Booth’s Polsky Center for Entrepreneurship and Innovation. Mr. Kaplan is one of the world’s foremost researchers on private equity, venture capital, corporate governance, executive talent and income inequality. His papers on private equity and venture capital are the standard references in the field. He has testified to U.S. Senate and U.S. House Committees about this research, and his findings and opinions appear regularly in the business media. A Fortune magazine article referred to him as “probably the foremost private equity scholar in the galaxy”, and a JP Morgan report called him “the patron saint of private equity research.” Mr. Kaplan co-founded the entrepreneurship program at Booth, and with his students, helped start Booth’s business plan competition, the New Venture Challenge (NVC). The NVC has spawned over one hundred companies, which have raised over $500mm from investors and created $4 billion in market value. In 2015-16, the NVC was rated the top university accelerator program in the U.S. Business Week named Mr. Kaplan one of the top twelve business school teachers in the country and one of the top four teachers of entrepreneurship. Mr. Kaplan serves on the board of Morningstar, and is a Research Associate at the National Bureau of Economic Research. He received his AB in Applied Mathematics and Economics from Harvard College, and earned his PhD in Business Economics from Harvard University.



1 Credit

Question about this Event?

Contact Chicago Chapter 1154 Blue Larkspur, Naperville, IL, 60540 phone: 630-527-9579 email: