Penny Pritzker

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  • U.S. Secretary of Commerce (2013-2017)
  • Founder and Chairman, PSP Capital Partners and Pritzker Realty Group
  • Co-Chair, Cyber Readiness Institute
  • Senior Fellow, Harvard Corporation



Penny Pritzker is an entrepreneur, civic leader and philanthropist with more than 30 years of experience in numerous industries. Named by Forbes as one of the 100 most powerful women in the world, Pritzker is the founder and Chairman of PSP Capital Partners and Pritzker Realty Group, a global private investment firm that takes a long-term, fundamental approach to investing in and building market-leading businesses in sectors such as professional services, real estate, technology, agriculture, industrial services and consumer products.

From June 2013 through January 2017, Pritzker served as U.S. Secretary of Commerce in the Obama Administration. Pritzker was a core member of President Obama’s economic team and served as the country’s chief commercial advocate, leading the Administration’s trade and investment promotion efforts. During her tenure, she launched SelectUSA, the first federal initiative aimed at attracting foreign direct investment to the United States, which facilitated $23 billion in investment to date and created or retained tens of thousands of good paying American jobs. Pritzker also developed the agency’s first comprehensive digital and data agenda, chaired the Presidential Ambassadors for Global Entrepreneurship (PAGE) program and served as the Administration’s point person on manufacturing.

 

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Rave Reviews About Penny Pritzker
Penny is one of our country’s most distinguished business leaders. She's got more than 25 years of management experience in industries including real estate, finance, and hospitality. She’s built companies from the ground up. She knows from experience that no government program alone can take the place of a great entrepreneur. She knows that what we can do is to give every business and every worker the best possible chance to succeed by making America a magnet for good jobs.

A Sample of the Groups That Have Hosted Penny Pritzker
  • Axios
  • The Aspen Institute
  • Walmart Manufacturing Summit
  • Atlantic Council
  • University of Chicago's Institute of Politics
  • National Electrical Manufacturers Association
  • Economic Club of Chicago
  • U.S. Travel Association
  • Fortune's Most Powerful Women Summit
  • The Council on Foreign Relations
Virt. Moderating - The Future of Innovation with Satya Nadella and Penny Pritzker | The Print [15:57] - Get Sharable Link
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The Global Economic Landscape: A Look at What’s Ahead

Drawing on over 30 years of experience at top-positions in the private sector as well as her time as the U.S. Secretary of Commerce, Pritzker illuminates what lies ahead for the global economy and how to develop a strategic plan for economic growth. From anxiety surrounding technology’s impact on th ...

Drawing on over 30 years of experience at top-positions in the private sector as well as her time as the U.S. Secretary of Commerce, Pritzker illuminates what lies ahead for the global economy and how to develop a strategic plan for economic growth. From anxiety surrounding technology’s impact on the workforce, to the importance of global trade agreements and uncertain tax policies, Pritzker dives into the world’s most pressing and complex economic issues, providing a roadmap for leaders across industries and identifying underlying trends before they are headline news. Serving as the country’s chief commercial advocate at the Department of Commerce—where she facilitated over $23 billion in foreign direct investment to the U.S. and served as the administration’s point person on the digital economy—and as the Founder and Chairman of a global private investment firm, Pritzker tackles the economy from the perspective of both the board room and the situation room, sharing firsthand experience and sharp policy analysis to highlight a path forward.

The Future of Work: Trends and Technology to Innovate for Tomorrow

A renowned entrepreneur who has developed a variety of businesses across industries from the ground up and a former chair of the Presidential Ambassadors for Global Entrepreneurship program, Pritzker reveals top business-building strategies to encourage growth and innovation. From cyber risk managem ...

A renowned entrepreneur who has developed a variety of businesses across industries from the ground up and a former chair of the Presidential Ambassadors for Global Entrepreneurship program, Pritzker reveals top business-building strategies to encourage growth and innovation. From cyber risk management to skills training and more, Pritzker highlights workforce trends and the latest technological developments to offer a pragmatic, solutions-based approach for businesses to create a strategic plan to proactively grow, stay ahead of the competition, and prepare to succeed in a technological future.

A Seat at the Table: Female Leadership in Business

Included in Forbes’ list of “100 Most Powerful Women in the World,” Pritzker draws on her experience as a female leader in often male-dominated industries to share impactful lessons on how to foster a more inclusive work environment and how women can advance their careers.  A fierce advocate of wome ...

Included in Forbes’ list of “100 Most Powerful Women in the World,” Pritzker draws on her experience as a female leader in often male-dominated industries to share impactful lessons on how to foster a more inclusive work environment and how women can advance their careers.  A fierce advocate of women’s empowerment, Pritzker shares insights on how businesses with greater diversity are more productive and profitable, highlights how to advance women in corporate leadership and addresses global initiatives that can empower female entrepreneurs worldwide.

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<p><strong>Penny Pritzker is helping convert Chicago into a leading tech hub </strong></p>

Penny Pritzker is helping convert Chicago into a leading tech hub

Former U.S. Commerce Secretary PENNY PRITZKER is rolling out an initiative, entitled P33, to help turn Chicago into one of the world’s leading tech hubs. Making headlines in The Chicago Tribune, Pritzker’s initiative will tackle issues such as preventing talent tech from leaving the city, better capitalizing on university research, and reassessing how local startups are funded. The initiative is just the latest example of how Pritzker is at the forefront of issues surrounding business and the future of work, and is a leading voice on how the U.S. economy can prepare for tomorrow’s tech future. Recently, Pritzker was sought-out as Co-Chair of the Council on Foreign Relation's independent task force on technology and the future of work,  and has been selected as a board member for both Microsoft, an announcement that made headlines in CNBC, and Measure, the nation's leading provider of drone solutions. While Secretary of Commerce, Pritzer was heralded for her forward-thinking and adoption of innovative tech, facilitating $23 billion in foreign investment to date through the launch of SelectUSA and developing the agency’s first comprehensive digital and data agenda. Since leaving office, she has returned to PSP Capital Partners, the private investment firm she founded, but with a greater interest in new technologies like AI and big data. She is also co-chair of the Cyber Readiness Institute. Recently interviewed by Wired and Marketplace on "How to Make Technology Work For You, Not Against You," Pritzker shares remarkable insights and actionable advice on our digitized economy. She’s been sought-out for a conversation on the U.S.' economic future at the University of Michigan as well as Fortune's Brainstorm Tech Conference, drawing on her extensive experience in both the public and private sector at each of her engagements, and keeping businesses across industries ahead of the curve. 

<p><strong>Pritzker Prtizker is the co-chair of an independent task force on the future of work </strong></p>

Pritzker Prtizker is the co-chair of an independent task force on the future of work

Former Secretary of Commerce Penny Pritzker is the co-chair of the Council on Foreign Relations’ (CFR) independent task force on the future of work, which just published a groundbreaking report “The Work Ahead: Machines, Skills, and U.S. Leadership in the 21st Century”. Diving into the impacts of phenomenon like automation, artificial intelligence, and globalization, the report focuses on how to rebuild the links among work, opportunity, and economic security for all Americans in the face of accelerating change and offers recommendations for government, business, educators and nongovernmental institutions. Pritzker has been in-demand to decode the implications of the task force’s findings, making headlines for informative interviews in both Wired and Marketplace. While Secretary of Commerce, Pritzer was heralded for her forward-thinking and adoption of innovative tech, facilitating $23 billion in foreign investment to date through the launch of SelectUSA and developing the agency’s first comprehensive digital and data agenda. Since leaving office, Pritzker has returned to PSP Capital Partners, the private investment firm she founded, but with a greater interest in new technologies like AI and big data. A leading voice on the future of work and the skills needed to thrive in a 21st century, digitized economy, Pritzker currently serves on the Board of Directors of Microsoft and Measure, a drone service company , is on the Board of Trustees of the Carnegie Endowment for International Peace, is a member of the Aspen Economic Strategy Group, and serves as co-chair of the Cyber Readiness Institute.

<p>Penny Pritzker continues to advance American commerce as Co-Chair of Cyber Readiness Institute</p>

Penny Pritzker continues to advance American commerce as Co-Chair of Cyber Readiness Institute

PENNY PRITZKER is Co-Chair of The Cyber Readiness Institute, an initiative recently launched to advance cyber risk management in the private sector, with a focus on support for small and medium-size enterprises. “In today’s dynamic cyber threat environment, it is essential to ensure that cyber risk management skills are embedded in every organization. The work of the Cyber Readiness Institute will help better inform and educate our workforce about ways to mitigate cyber risks to help secure businesses and the broader digital economy,” said Pritzker. The CRI is assembling senior leaders of global companies from across multiple sectors to capture best practices for managing the people, processes, and technology needed for effective cybersecurity across value chains. 

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Penny Pritzker is an entrepreneur, civic leader and philanthropist with more than 30 years of experience in numerous industries. Pritzker is the founder and Chairman of PSP Capital Partners and Pritzker Realty Group, a global private investment firm that takes a long-term, fundamental approach to investing in and building market-leading businesses in sectors such as professional services, real estate, technology, agriculture, industrial services and consumer products. In close partnership with entrepreneurs, PSP Capital’s approach is patient, flexible and solutions oriented. PSP Capital has a profound appreciation for preserving strong cultures and aligning interests with strategic partners to build shareholder value. 

From June 2013 through January 2017, Pritzker served as U.S. Secretary of Commerce in the Obama Administration. Pritzker was a core member of President Obama’s economic team and served as the country’s chief commercial advocate, leading the Administration’s trade and investment promotion efforts. During her tenure, she launched SelectUSA, the first federal initiative aimed at attracting foreign direct investment to the United States, which facilitated $23 billion in investment to date and created or retained tens of thousands of good paying American jobs. Pritzker also developed the agency’s first comprehensive digital and data agenda, chaired the Presidential Ambassadors for Global Entrepreneurship (PAGE) program and served as the Administration’s point person on manufacturing. She also developed the first workforce and skills development agenda for the Department, ensuring federal training expenditures are job driven, strengthening regional workforce development efforts and facilitating new research on the value of apprenticeships to employers.

Pritzker previously founded Vi Senior Living (formerly known as Classic Residence by Hyatt), and co-founded The Parking Spot and Artemis Real Estate Partners. Pritzker is the former chairman of the board of TransUnion and is a past board member of Hyatt Hotels Corporation, Wm. Wrigley Jr. Company, Marmon Group and LaSalle Bank Corporation. Pritzker serves as a member of the Board of Directors of Icertis, and is also a member of the board of the Carnegie Endowment, a member of the Aspen Strategy Group, the Aspen Economic Strategy Group, and on the advisory council of the Hamilton Project, and an inaugural member of the advisory council to the Smithsonian American Women’s History Museum. She was also member of the board of the Council on Foreign Relations, the board of trustees of Stanford University, the Harvard University Board of Overseers and founded Skills for America’s Future. She also served on President Obama’s Council on Jobs and Competitiveness and his Economic Recovery Advisory Board.

Pritzker earned a Bachelor of Arts degree in economics from Harvard University and a Juris Doctor and Masters of Business Administration from Stanford University. Pritzker and her husband, Dr. Bryan Traubert, co-founded The Pritzker Traubert Family Foundation, a private philanthropic foundation that works to foster increased economic opportunity for Chicago’s families.