04/17/2023

Chicago-Area CEOs are creating economic opportunities in disinvested areas – and it’s good for business

chicago ceos

What can Chicago-area companies do to address the racial and economic disparities that continue to plague the city? Quite a bit -- if you ask Roger Hochschild, CEO of Discover, Gil Quiniones, CEO of ComEd and E. Scott Santi, CEO of Illinois Tool Works who shared their own projects and insights at the “Innovating for Social Equity: Anchoring Economic Growth in Chicago” event hosted by the Rustandy Center for Social Sector Innovation.

The event is part of the center’s ongoing Innovating for Social Equity series, which examines cross-sector efforts to tackle societal and economic disparities. It was moderated by Derek Douglas, President of the Civic Committee and Commercial Club of Chicago, who is currently a Rustandy Center executive in residence. The panelists highlighted initiatives that not only benefit the communities but also make business sense. “I often used the term mutual benefit,” says Douglas. “We need to be able to tell the narrative of how both the community and others gain from this -- if it’s only one directional it’s not sustainable.”

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This story is first published by Rustandy Center for Social Sector Innovation. 
 

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