At the Chamber's Life Sciences Forum on Wednesday, Dr. Christoph Westphal , CEO of Sirtris Pharmaceuticals addressed the Chamber membership. He spoke about the future of anti-aging pharmaceuticals and Sirtris’ leading role in their development.

The Boston Herald noted Westphal's enthusiasm about working in the Greater Boston area, " Boston is a great place to launch a life sciences company, because there are many skilled scientists, venture capitalists, lawyers and accountants."

Photos of the event can be viewed here.



Every year since 1983, the Greater Boston Chamber has had the privilege of inducting some of our region’s most accomplished leaders into the Academy of Distinguished Bostonians.

Meet one of the 2008 honorees: Ted Cutler, philanthropist and vice president, The Interface Group - MA.

Ted is an internationally recognized innovator in the travel industry and a leader in Greater Boston’s civic and philanthropic communities, most notably in the fields of education, the arts, and health care.  He is the founder of GWV International travel company, an organization that helped revolutionize the charter travel and entertainment industries. Today, Cutler serves as vice president and a member of the Board of Directors of The Interface Group – Massachusetts.

Over the course of several decades, Cutler has become a force in the charitable and non-profit worlds of New England. His current endeavors include serving as co-chair of the campaign for the Greater Boston Food Bank and chair of the board of the Hebrew College. Cutler is a Trustee Emeritus of the Citi Center for the Performing Arts and past chairman of Emerson College and the Combined Jewish Philanthropies of Greater Boston.

In 1999, Cutler and his wife Joan made a lead gift toward the restoration of the Majestic Theatre at Emerson College, which reopened in 2003 as the Cutler Majestic Theatre. Cutler also led a campaign to fund new facilities for Emerson’s award winning, student-run radio station, WERS (88.9 FM). 

We hope you will be able to join the Greater Boston business community at the Chamber’s Annual Meeting & Dinner on May 14th as we induct Ted Cutler into the Academy of Distinguished Bostonians.


The Chamber's February 2008 Monthly Jobs Update, released today, shows that Massachusetts added 18,200 jobs over the past 12 months, for a job growth rate of 0.6%.

Other key findings include:

  • 7 of 12 regions added jobs
  • Greater Boston and Metro West regions grow fastest
  • State remains 95,700 jobs below previous peak
  • State transportation & utilities jobs down 0.5% last 12 months
  • Merrimack valley region grows fastest

Compare this month against previous jobs reports here.


At the Chamber's Financial Services Forum this morning, Congressman Barney Frank, chairman of the House Financial Services Committee, called for increased regulation of financial markets.

The Wall Street Journal noted the Chairman's offer to exchange greater oversight of "credit-creating institutions" for access to the Federal Reserve as a lender of last resort.

The Boston Globe noted Congressman Frank's "renewed" call for expanded regulation.

Bloomberg's Alison Vekshin noted the call for formation of a financial services risk regulator.

CNBC has been debating the proposal all day, and interviewed Congressman Frank here.

Reuters and the CBS News Politico also have the story.

View photos of the event here.

At tomorrow's Financial Services Forum, Congressman Barney Frank, chairman of the House Financial Services Committee, will deliver a major economic policy address.

As the economy teeters on the edge of recession, Congressman Frank has become a key economic leader.  Given the market turmoil this week, the timing of his speech to the Chamber offers members a unique opportunity to attend yet another news-making event.

The Boston Herald's Jay Fitzgerald offers a brief preview here.

Click here to register for the event.

At yesterday's Government Affairs Forum, House Speaker Sal DiMasi vocalized his opposition to casino gaming in Massachusetts, outlined his new proposal to grow renewable energy jobs in the Commonwealth, and offered his thoughts on changes to municipal government.

With the legislature holding a major casino hearing yesterday after the speech, the Speaker's comments on gaming dominated press coverage.

The Boston Globe covered the speech in today's front page story encompassing the day's casino news. And also laid out the full prepared text.

The Boston Herald ran several articles referencing the Speaker's address, including gambling pieces by Casey Ross and Scott Van Voorhis, as well as an editorial on casinos, a story on the Speaker's plan for municipalities, and editorial thoughts on the Speaker's non-casino ideas.

The Boston Business Journal gives a rundown of the speech.

NECN ran several pieces featuring the address throughout the day. (Here and here).

WCVB Channel 5 did the same. (Here and here). 

The extensive media coverage of the event further solidified the Chamber's Government Affairs Forum as the region'sleading platform for public policy leaders to make news.

In the Speaker's own words, "The Chamber’s Government Affairs breakfasts are a meaningful way for leaders in government to get together with leaders in business to share ideas and work together to improve our great Commonwealth."

View photos of the event here.

House Speaker Sal DiMasi will address the employer community at the Chamber's Government Affairs Forum tomorrow morning, just 2 hours before the legislature's Committee on Economic Development & Emerging Technology is set to hold the first official hearing on Governor Patrick's casino gaming legislation.

The event will be held at the Hyatt Regency.  Registration begins at 7:45 a.m., with the program scheduled to begin at 8:10.  Click here to register.


Massachusetts Secretary of Housing & Economic Development Dan O'Connell joined Paul Guzzi & Mike Nikitas this week to discuss the economy, the pending life science legislation, and the possibility of casino gaming in the Commonwealth.  Then, Boston Globe business columnist Steve Bailey checked in on casinos, health care, and his next move. Check out the video below.

Cover Story:

http://www.necn.com/Boston/Business/Housing-and-economic-development-in-Mass-/1205709495.html

The Briefing Room:

http://www.necn.com/Boston/Business/Casino-controversy-in-the-Bay-State/1205709740.html

The Business Beat with Steve Bailey:

http://www.necn.com/Boston/Business/Business-Beat-with-Steve-Bailey/1205710127.html



Every year since 1983, the Greater Boston Chamber has had the privilege of inducting some of our region’s most accomplished leaders into the Academy of Distinguished Bostonians.

Meet one of the 2008 honorees: Micho Spring, chair, U.S. Corporate Practice & Weber Shandwick New England, Weber Shandwick Worldwide.

Micho is one of the most respected leaders in Greater Boston. The president of the New England office of Weber Shandwick Worldwide, she utilizes her extensive experience to establish and execute targeted communications initiatives for her clients and respond to public policy challenges. Micho previously served as chief of staff to Boston Mayor Kevin White. A native of Cuba and longtime Massachusetts resident, her unique experience and perspective adds to her vision as a public and private sector leader.

A force in the government, business, and civic communities, Micho has helped shape public debate on numerous issues in Boston and beyond. She has managed numerous political and advocacy campaigns, and is a frequent independent media commentator. On multiple occasions she has been named one of the “20 Most Powerful Women in Boston” by Boston Magazine.

Micho holds numerous board memberships including the John F. Kennedy Library Foundation, The Boston Foundation, and the Massachusetts Women's Forum. She is also a past member of the board of trustees of Partners HealthCare, the board of directors of Brigham & Women's Hospital, the board of trustees of Catholic Charities, and director of Citizens Bank of Massachusetts.

We hope you will be able to join the Greater Boston business community at the Chamber’s Annual Meeting & Dinner on May 14th as we induct Micho Spring into the Academy of Distinguished Bostonians.


The Greater Boston Chamber today announced the 2008 inductees into the Academy of Distinguished Bostonians.  These outstanding leaders were selected for their significant contributions to the Greater Boston community and will be honored at the Chamber’s Annual Meeting on May 14 at the Boston Marriott Copley Place.  The 2008 inductees are:

  • Micho Spring, Chair, U.S. Corporate Practice & Weber Shandwick New England, Weber Shandwick Worldwide
  • Ted Cutler, Philanthropist and Vice President, The Interface Group – MA
  • Lawrence K. Fish, Chairman, Citizens Financial Group
  • Peter Meade, former Executive Vice President, Blue Cross Blue Shield of Massachusetts, Inc.

Attracting more than 1,000 business and government leaders, the Chamber’s Annual Meeting & Dinner is a signature event for the region and one of the single largest gatherings of the Greater Boston business community.  The inductees will join a renowned group of current members of the Academy, including business leaders, philanthropists, governors, congressmen, cultural dignitaries, and sports greats.  More information on the Annual Meeting and a list of past inductees are available on bostonchamber.com. 

Micho Spring is chairperson of the U.S. Corporate practice and leads the New England office for Weber Shandwick Worldwide.  She is the former CEO of Boston Telecommunications Company, worked as Chief of Staff to Boston Mayor Kevin White, and served for four years as Deputy Mayor of the City of Boston.  As a government, civic, and business leader, Spring has helped shape public debate on numerous issues in Boston and beyond.  She has managed numerous political and advocacy campaigns, and is consistently ranked as one of Boston’s most powerful women.

Ted Cutler is an internationally recognized innovator in the travel industry and a leader in Boston’s civic and philanthropic communities, most notably in the fields of education, the arts, and health care. Over the course of several decades, Cutler has become a vital figure in the charitable and non-profit worlds of Greater Boston.  His current endeavors include creating a collaborative arts initiative with many recognized local institutions, serving as co-chair of the campaign for the Greater Boston Food Bank, and chair of the board of the Hebrew College.

Lawrence K. Fish is chairman of Citizens Financial Group (CFG).  Over the past fifteen years under Fish’s leadership, CFG has grown more than 30 fold, now ranking as one of the ten largest banking companies in the United States.  He holds leadership positions in numerous business and community organizations, serving as a director of the Royal Bank of Scotland Group and Textron, Inc., and a member of the MIT Corporation. Fish also serves as an overseer of the Boston Symphony Orchestra, and on the boards of Boston’s Dimock Community Foundation and Rosie’s Place.

Peter Meade is former executive vice president at Blue Cross Blue Shield of Massachusetts, where his leadership and experience were instrumental in strengthening ties with government and in the community.  A longtime leader in Boston’s business and civic life, Meade previously headed the New England Council, spent a decade as a talk show host on WBZ Newsradio 1030, and served as Boston public safety coordinator during federally mandated school desegregation.  He is the chair of the Rose Kennedy Greenway Conservancy, chair of the board of trustees at Emerson College, and co-chair of MassInc.

Click here to register for the Chamber's 99th Annual Meeting on May 14.


On Sunday's edition of This Week in Business, Paul Guzzi and Mike Nikitas will be joined by Rich Holbrook, Chairman & CEO of Eastern Bank. He will discuss the economy from a banking perspective and how that industry has changed in the last year to adapt to the housing crisis.

Also, in the Briefing Room, Paul & Mike will be joined by Doug Beaudoin, principal for strategy and operations at Deloitte Consulting LLP. They will discuss health care cost increases and the consumer perspective. Plus Steve Bailey will be back to discuss the House passage of the life sciences bill and the continued impact of managed competition in the auto insurance industry.

Be sure to tune in to This Week in Business, Sunday at 12:30 on NECN.


In today's edition of the Metro, Chamber president & CEO Paul Guzzi talked to AIG's Ron Willett about his company, Boston, and pond hockey.

Ron began his career as a sales representative in the Accident & Health Division of

 
AIG, and has held positions of increasing responsibility in several different divisions over the past 15 years.  He was named vice president in April of 2006, and is now responsible for all of AIG’s Fortune 500 business (across all product lines) in the Northeast.  Ron lives in Marblehead with his wife Jacquie and their 5 year old son Brendan.

PG: If you were recruiting someone to work for you, what would be your number one selling point about the company you work for?

RW: AIG is a powerhouse Financial Services company with $1 Trillion in Assets and the most professional and talented people in the business.  We are the largest insurance company in the World.

PG: What is your favorite thing about working in Boston?

RW:  I grew up here (Hyannis), so my favorite thing about working in Boston is being home.  The connections that I have established throughout my life are all still in play.  Boston is more of a big town than a city. 

PG: Favorite place to take a client for lunch?

RW: Mr. Dooley's.
 
PG:  Tell us something we should know about you.
 
RW: Every January my Brother (John), some good friends, and I travel out to Minneapolis to play in the US Pond Hockey Championships.

Read the full interview here.

 


The Chamber released the following statement today in response to the corporate tax proposal outlined by Speaker of the House Sal DiMasi:

“The Chamber is encouraged by the revenue-neutrality of, and corporate tax rate cut included in, Speaker DiMasi’s proposal.  Given the sluggish employment market and the uncertain economic prospects that lie ahead for Massachusetts, it is essential to view any tax proposal through the lens of its impact on economic development, job creation, and overall competitiveness.  The Chamber looks forward to working with the legislature and administration to achieve a resolution that will address budgetary needs while enhancing competitiveness in these difficult economic times.”


Yesterday's Boston Globe editorial on the success of the new health care reform law was right on point, thoughtfully addressing criticisms of the measure and using facts & data to call out the law's many achievements.

As the piece articulates in detail, the new health care law has brought health insurance access to hundreds of thousands of individuals who previously went without.  It has been a model for the nation, and will continue to be examined closely in the face of November's presidential election.

Now the same coalition of government, civic, and business leaders that worked to expand health care access must come together to address the vital issue of rising costs.  The Chamber and the employer community remain committed to improving our economic competitiveness by reducing business costs - including health care - and will work with government leaders to address this issue in the weeks and months ahead.


Yesterday, the Chamber Women's Network hosted a breakfast discussion panel with some of Greater Boston's most successful professional women.



Carol Fulp, vice president of community relations at John Hancock Financial Services, Joanne Jaxtimer, senior vice president & director of public affairs at Bank of New York Mellon, and Geri Denterlein, president, Denterlein Worldwide and author of  "The Power Chicks’ Guide to Boston," shared their thoughts on how emerging professional women can find their way to the top of the Boston business community.

For photos of the event, click here.


Rob Nagi is this week's featured Boston Future Leader in yesterday's Metro column.