11:15 AM - 11:45 AM Networking Reception and Badge Pick-up
11:45 AM - 1:30 PM Lunch and Fireside Chat in the Daniel Burnham Ballroom on the 3rd Floor
The Duchossois Group, a multi-generational family business, has evolved over 103 years, and so has its governance. Today the Duchossois Group, a multi-billion dollar enterprise, consists of operating and private investment companies with a board of 7 independent directors and 6 family members.
On September 25, NACD Chicago will feature Craig Duchossois, chairman and CEO of Duchossois Group, and his daughter, Ashley, a Duchossois Group board director and president of The Duchossois Family Foundation, as part of our 2019 Distinguished Speakers Series. Joan Steel, NACD Chicago Director and CEO of Alpha Wealth Advisors, will sit down with Craig and Ashley to explore:
- Managing change including the challenges and opportunities of technology
- Transitioning generations and succession planning
- Family and board dynamics
- The advantages of creating and leveraging venture capital opportunities, and
- What lies ahead for the Duchossois Group.
This is certain to be a lively and informative discussion for our NACD members and their guests.
Ashley Duchossois Joyce is President of The Duchossois Family Foundation. She received her Bachelor of Arts from University of Colorado and her master’s degree from University of Chicago, School of Social Service Administration (SSA). Ashley serves as a trustee for the University of Chicago and sits on the Audit and Outward Engagement Committees. She has been involved with the not-for-profit organization, Metropolitan Family Services, for over twenty years. Currently, she is Vice-Chairman of the Board of Directors, and serves on their Executive, Strategic Issues, External Affairs, HR, and Capital Campaign Committees. As a Director for The Duchossois Group, Inc., she serves on the Compensation, Nominating, and Shareholder Committees. Ashley is a 2018 Leadership Greater Chicago fellow, an Intuit Museum board member, and is a member of the Economic Club of Chicago, the Commercial Club of Chicago, and Women Corporate Directors. Additionally, she is on the Executive Committee for The Duchossois Family Council and the Advisory Board for the Duchossois Family Office.
Ashley lives in Chicago with her husband, Michael, and their two sons.
Craig is the Chairman and Chief Executive Officer of The Duchossois Group, Inc., a privately held, family business headquartered in Chicago whose principal operating companies are Chamberlain Group (garage door openers, gate operators and related access control products); Controlled Products Systems Group (perimeter access control systems); and Duchossois Capital Management (the family’s private investment firm).
Craig serves on the Board of Directors of Amsted Industries. He also serves as an advisory board member for The Edgewater Funds, Marine Corps Scholarship Foundation and the Said Business School/University of Oxford. His not-for-profit board memberships include Culver Educational Foundation, Illinois Institute of Technology, University of Chicago, Kellogg Graduate School of Management, University of Chicago Hospitals, and the Chicago Council on Global Affairs. Additionally, he is a member of the Chief Executives’ Organization, World Presidents’ Organization, YPO Gold, YPO Family Office Principals Group, Executives’ Club of Chicago, Economic Club and the Civic Committee of The Commercial Club of Chicago. Craig is a past-Chairman of the Board of Visitors for the United States Naval Academy.
Craig holds a BBA and MBA from Southern Methodist University. He served as an officer in the U.S. Marine Corps from 1968-1971.
He and his wife Janet have two children and five grandchildren.
Joan Steel is CEO and founder of Alpha Wealth Advisors, LLC, an independent financial consulting firm advising ultra-high net worth clients, private foundations and endowments. Prior to founding the firm, she was a senior investment advisor at the global asset manager, The Capital Group managing wealth for CEOs, family offices and foundations. Ms. Steel was a senior executive officer at Aon leading global financial relations (investor relations and media relations), marketing and branding and served as the spokesperson to Wall Street and the press. Prior to Aon, she was involved in operating her family’s privately held water treatment chemical manufacturing and distribution business that was later sold to Olin Corporation. Prior to her family business, she was the first women to head an institutional sales and trading for E.F. Hutton, the Global Money Market Group at the Chicago Board of Trade. She started her career at Salomon Brothers as an institutional fixed income broker. Ms. Steel’s board experience includes serving as an independent director of the Hershey Trust Company (Trust) and a member of its Audit/Risk Management and Investment Committees. This $14 billion private investment company owns controlling interest in The Hershey Company (NYSE: HSY) and manages a $6 billion investment portfolio consisting of traditional, private equity and commercial real estate assets. She also served as a Manager (Trustee) of the Milton Hershey School, a residential school serving 2,000 at-risk K-12 children. Late last year, Ms. Steel reached the maximum term as a Trustee of Loyola University Chicago. For seven years, she chaired Loyola University’s Investment Committee where Endowment assets nearly tripled in growth to $650 million under her leadership. Over the years, Ms. Steel has served in leadership positions on several non-profit boards. Currently she is a trustee of Rush University Medical Center, co-chair of the Bone & Joint Leadership Committee and member of its $3.4 billion Investment/Asset-Liability Matching Committee and The Road Home Program Committee for veterans and their families. As a director of the Cuneo Foundation, she serves as Treasurer and Investment Chair. Ms. Steel is a director on the National Association of Corporate Directors’ Chicago Chapter board and chairs the Nomination and Governance Committee. She is a member of Women Corporate Directors and co-chair of its 2017-2019 Visionary Awards Committee. She serves on the YWCA Metropolitan Chicago Impact Investing Advisory Board. She holds an MBA from the University of Chicago and a BS from Georgetown University, and has completed director education programs at both Harvard Business School and Stanford Law School’s Directors College.