REPORT OF THE COMMITTEE ON LEGISLATION, INTERGOVERNMENTAL

AND VETERANS RELATIONS

 

September 15, 2009

 

The Honorable,

The Board of Commissioners of Cook County

 

ATTENDANCE

 

Present:

Chairman Suffredin, Vice Chairman Silvestri, Commissioners Beavers, Butler, Claypool, Collins, Daley, Gainer, Gorman, Murphy, Peraica, Reyes, Schneider, Sims and Steele (15)

 

Absent:

Commissioners Goslin and Moreno (2)

 

Ladies and Gentlemen:

 

        Your Committee on Legislation, Intergovernmental and Veterans Relations of the Board of Commissioners of Cook County met pursuant to notice on Tuesday, September 15, 2009 at the hour of 11:00 A.M. in the Board Room, Room 569, County Building, 118 North Clark Street, Chicago, Illinois.

 

        Your Committee has considered the following item and, upon adoption of this report, the recommendations are as follows:

 

302408

CHIEF FINANCIAL OFFICER (APPOINTMENT).  Transmitting a Communication, dated August 20, 2009, from Todd H. Stroger, President, Cook County Board of Commissioners:

 

Pursuant to Cook County Ordinance, 91-O-11 and Section 2-402 of the County’s Code, I hereby appoint Jaye Morgan Williams to the position of Chief Financial Officer, effective immediately.

 

Ms. Williams is a financial services professional with extensive experience in strategy and planning, client management, corporate finance, treasury management, international banking, credit and portfolio management, product and project management, private investing and lending. Ms. Williams’ management experience and strong marketing, analytical, project management and business development skills will serve as an asset to Cook County and the departments under her supervision. 

 

Ms. Williams has over 25 years of financial experience, has a history of successes with numerous startup and strategic initiatives and has held key senior level management positions in the financial industry including with JP Morgan Chase’s predecessors First Chicago and Bank One.  She has a Bachelor of Science degree in finance from the University of Illinois at Champaign/Urbana and an MBA in finance and accounting from Northwestern University’s Kellogg Graduate School of Management.

 

Jaye Morgan Williams’ strong record in overseeing cutting edge new initiatives, combined with her broad range of corporate finance and management experience provide a dynamic range of expertise that positions her as an outstanding candidate for the position of Chief Financial Officer.

 

I submit this communication for your approval.

 

*Referred to the Committee on Legislation, Intergovernmental and Veterans Relations on September 1, 2009.

 

Chairman Suffredin asked that the following documents be entered into the record:

 

  1. Remarks of Jaye Morgan Williams

 

  1. Résumé of Jaye Morgan Williams

 

  1. Memorandum regarding Jaye Morgan Williams’ Résumé Supplement

 

  1. Letter dated 08-31-09 from Barry M. Sabloff

 

  1. Letter dated 08-31-09 from John R. Ettelson, President and Chief Executive Officer of William Blair & Company

 

  1. Letter dated 08-26-09 from James A. Bell, Corporate President and Chief Financial Officer of The Boeing Company

 

  1. Letter dated 08-24-09 from Paul C. Hennessy, Managing Director, Principal Risk Management, J.P. Morgan

 

  1. Letter dated 08-26-09 from Steven Koch

 

  1. Letter dated 09-02-09 from John G. Levi

 

Chairman Suffredin asked the Secretary to the Board to call upon the registered public speakers, in accordance with Cook County Code, Sec. 2-108(dd):

 

1.  George Blakemore – Concerned Citizen

 

Commissioner Daley, seconded by Commissioner Steele, moved the approval of Communication No. 302408.  Commissioner Peraica called for a Roll Call, the vote of yeas and nays being as follows:

 

 

 

 

 

 

 

 

ROLL CALL ON MOTION TO APPROVE ITEM 302408

 

Yeas:

Chairman Suffredin, Commissioners Beavers, Butler, Claypool, Collins, Daley, Gainer, Gorman, Murphy, Peraica, Schneider, Sims and Steele (13)

 

Nos:

None (0)

 

Present:

None (0)

 

Absent:

Vice Chairman Silvestri, Commissioners Goslin, Moreno and Reyes (4)

 

The motion to approve CARRIED.

 

Commissioner Daley moved to adjourn the meeting, seconded by Commissioner Steele.  The motion carried and the meeting was adjourned.

 

YOUR COMMITTEE RECOMMENDS THE FOLLOWING ACTIONS

WITH REGARD TO THE MATTERS NAMED HEREIN:

 

Communication Number 302408         Approved

 

 

 

Respectfully submitted,

Committee on Legislation, Intergovernmental and Veterans Relations

 

 

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Larry Suffredin, Chairman

 

Attest:

 

 

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Matthew B. DeLeon, Secretary

 

 

 

*The audio recording for this meeting is available from the Office of the Secretary to the Board, 118 North Clark Street, Room 567, Chicago, IL 60602.