Full Text of HR0163 98th General Assembly
HR0163 98TH GENERAL ASSEMBLY |
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| 1 | | HOUSE RESOLUTION
| 2 | | WHEREAS, According to the United States Census Bureau, | 3 | | African-Americans made up 14.8% of the population of the State | 4 | | of Illinois in 2011; and
| 5 | | WHEREAS, In a Chicago Urban League survey of 160 corporate | 6 | | boards based in Chicago and the surrounding region, the group | 7 | | found that 101 of 1,527 directors, or roughly 6.6%, are | 8 | | African-American; and
| 9 | | WHEREAS, The study found that 73 companies have no | 10 | | African-American board members, while 71 companies have one and | 11 | | 12 companies have two; only the McDonald's Corporation and the | 12 | | Compuware Corporation have three African-American board | 13 | | members; and
| 14 | | WHEREAS, While more than 50% of the companies surveyed have | 15 | | at least one African-American on their board, several of the | 16 | | Chicago area's largest companies have none, including Sears | 17 | | Holdings Corporation, United Continental Holdings Corporation, | 18 | | Navistar International Corporation, Motorola Mobility Holdings | 19 | | Inc., Aon PLC, CAN Financial Corporation, and CF Industries | 20 | | Holdings Inc.; and
| 21 | | WHEREAS, In 2011, the Navistar International Corporation |
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| 1 | | received $64.7 million in tax incentives from the State, while | 2 | | Motorola Mobility Holdings Inc. received $110 million and the | 3 | | Sears Holdings Corporation received $150 million; and | 4 | | WHEREAS, A more accurate reflection of the great diversity | 5 | | of this State in the corporate world is needed and would be | 6 | | beneficial to both public and private interests; therefore, be | 7 | | it
| 8 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE | 9 | | NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that | 10 | | we urge the boards of directors and shareholders of all | 11 | | Illinois corporations to properly reflect the ethnic, racial, | 12 | | and gender diversity of the State in the membership of their | 13 | | corporate boards; and be it further
| 14 | | RESOLVED, That we encourage those boards and shareholders | 15 | | to inform the General Assembly of the ethnic, racial, and | 16 | | gender diversity of the membership of their corporate boards on | 17 | | an annual basis; and be it further | 18 | | RESOLVED, That we urge the Governor's Office, the Office of | 19 | | Management and Budget, Central Management Services, the State | 20 | | Treasurer, the Comptroller, and the Illinois Finance Authority | 21 | | to take steps to ensure that their corporate and financial | 22 | | partnerships, vendors, and contractors have boards of |
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| 1 | | directors that are reflective of our State and its diverse | 2 | | citizenry; and be it further | 3 | | RESOLVED, That suitable copies of this resolution be made | 4 | | available to Andrea L. Zopp,
President and Chief Executive | 5 | | Officer of the Chicago Urban League; John W. Rogers, Jr.,
| 6 | | Chairman and CEO of
Ariel Investments LLC; Hedy Ratner,
| 7 | | Co-Founder of the
Chicago Women's Business and Development | 8 | | Center; Patrick J. Canning,
Chicago Managing Partner of
KPMG | 9 | | LLP; Michele J. Hooper,
Co-Founder
of the Directors' Council;
| 10 | | William Osborn, CEO
(Retired) of Northern Trust;
Mellody | 11 | | Hobson,
President
of Ariel Investments LLC;
William Von Hoene, | 12 | | Jr.,
Senior Executive Vice President
and Chief Strategy Officer
| 13 | | of the Exelon Corporation;
Chicago Crain's Business; and | 14 | | Attorney Jim Montgomery.
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