Wednesday, April 29, 2009

Penny Pritzker

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Penny Sue Pritzker
1959Chicago, Illinois
Bryan Traubert
Chicago, Illinois
Harvard University,Stanford University
Penny Sue Pritzker (born 1959) is an American business executive, and a member of the Pritzker family of Chicago, one of America's wealthiest business families. She is the founder and current Chair of Classic Residence by Hyatt, a chain of luxury senior living communities spread throughout the United States, and the national finance chair of Barack Obama's presidential campaign. Ms. Pritzker is estimated to be the 135th richest person on the Forbes 400 list of "America's wealthiest," with an estimated net worth of $2.8 billion US.[1]
On November 20, 2008, CNN reported that Pritzker is Barack Obama's top choice for Commerce Secretary, quoting "multiple" unnamed sources.[2] However, it was later reported that Pritzker took herself out of the running due to concerns about her confirmation.[3][4]
1 Biography
2 Career highlights
3 Philanthropic activities
4 Political involvements
5 Superior Bank involvement
6 See also
7 References
8 External links
Born in 1959, Pritzker is a member of the Pritzker family, a notable and influential Jewish American business family. Pritzker is a granddaughter of Abram Nicholas Pritzker (18961986), founder of the Hyatt hotel chain, which grew dramatically under his son, Jay Pritzker (1922-1999), who is her uncle. She attended Castilleja School[5] until 1977.[6] In 1981 she received a BA in Economics from Harvard University later earning a JD/MBA from Stanford University in 1984.[7] Penny lives in the Lincoln Park neighborhood of Chicago with her two teenage children and her husband, Dr. Bryan Traubert.
Career highlights
1987 founded Classic Residence by Hyatt
1991 named as Chair of Superior Bank of Chicago. Pritzker stepped down in 1994, but remained on the board until the thrift's collapse in July 2001.
1991 CEO of Pritzker Realty Group, overseeing all of the family non-hotel real estate investments. In this capacity she developed the Hyatt Center in downtown Chicago, the headquarters for Global Hyatt Corporation.
1998 founded The Parking Spot, the fastest growing company in off-site airport parking management,[8] with CEO Martin Nesbitt. She continues as chair.
2005 became chair of TransUnion, a credit reporting agency.
Pritzker serves on the board of Global Hyatt Corporation. She was a board member and chair of the Governance Committee of the William Wrigley Jr. Co. from 1994 to 2005, a director of the Marmon Group from 2002 to 2008, and a director of LaSalle Bank Corporation, now a part of Bank of America, from 2004 to 2007.
Philanthropic activities
Pritzker is involved in the reform of Chicago public education system. Currently she is vice chair[9][10] of the Chicago Public Education Fund, the successor organization to the Chicago Annenberg Challenge.[11] She also chairs a Blue Ribbon Task Force for Chicago Public Schools entitled eading to Great Principals, and is a founding member of the board of Young Women Leadership Charter School. Much of Pritzker philanthropy is directed to education as well. Through the Pritzker Traubert Family Foundation, Pritzker and her husband, Dr. Bryan Traubert, are funding three programs designed to create long term systemic changes that will benefit Chicago students but also can be extended nationally.
She has sat on Harvard's Board of Overseers since 2002, and currently co-chairs the President Advisory Committee on the Allston Initiative, the expansion of the Harvard campus. She also is a member of the Chicago 2016 Organizing Committee for the Olympic Games and is chair of the Olympic Village subcommittee.
She is an honorary co-chair of the Children Memorial Hospital campaign to build a new $750 million facility. She is a member of the Real Estate Roundtable, and the Civic Committee of the Commercial Club of Chicago. She is a life trustee and former Chairman of the Board of the Chicago Museum of Contemporary Art, and is involved in other civic endeavors, including Chicago's Millennium Park.
Political involvements
Pritzker contributed some $493,174[12] to numerous campaigns and political action committees since the 2000 election cycle. Among the recipients have been the presidential campaigns and exploratory committees, including those of George W. Bush, Joe Lieberman, Bill Bradley, Rudy Giuliani, John McCain (2000), Al Gore, John Kerry and Hillary Clinton.[13]
Since the spring of 2008, Pritzker has served as Barack Obama's National Finance Chair.[14] On Wednesday July 2, 2008, Ms. Pritzker and her husband hosted a $28,500 per plate fundraiser for Mr. Obama's...(and so on)

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