The Business Council – an association made up of the CEOs of the world’s largest, global companies – announced that its new board chairman will be Microsoft CEO Satya Nadella. Nadella succeeds Nike President and CEO John Donahoe in the role.
“The Business Council has always played a critical role in helping the world’s business leaders connect with and learn from each other,” said Nadella.
“While the start of a new decade brings hope and excitement, we quickly saw the world come to a near standstill at the start of the year. This community has been invaluable in helping CEOs navigate and lead through this unprecedented time in history,” explained Nadella. “John Donahoe has done an outstanding job in leading this group, keeping us informed and connected, and I’m humbled and honored to follow him as chairman.”
“The world’s largest companies have a tremendous impact on the world we live in,” said Donahoe. “Being principled, steady leaders of these global entities is a solemn responsibility – one that requires the support and mental challenge of a group of outstanding peers.
“Satya Nadella is the right leader for our group, at the right time. His expertise in the essential tech sector, combined with his generous nature as a partner and collaborator, are the perfect blend of characteristics to lead The Business Council through the challenging months ahead.”
“The Business Council is the only venue for the world’s top CEOs to engage in their own professional, intellectual and leadership development,” explained Marlene Colucci, the association’s Executive Director.
“Collectively, this is a group with the power to see around corners and to help prepare one another for existential-level threats. Not since this group’s earliest years (first convened in 1933) have The Business Council’s members tackled a global threat as serious and complex as COVID-19,” Colucci continued.
“The Business Council’s membership functions as a collaborative community of peers – not as competitors or adversaries,” Colucci said. “We look forward to seeing it continue to play a unique role, under Satya Nadella’s leadership, helping the global business community navigate the post-COVID world.”
The 2020-2021 Executive Committee of The Business Council will include the following CEO members:
- Corie Barry, CEO, Best Buy Co., Inc.
- Jeffrey P. Bezos, Founder and CEO, Amazon
- Ana Botín, Executive Chairman, Santander Group
- Gail K. Boudreaux, President & CEO, Anthem, Inc.
- Mary Dillon, Chief Executive Officer, Ulta Beauty
- Jamie Dimon, Chairman & CEO, JPMorgan Chase & Co.
- John J. Donahoe, II, President & CEO, Nike
- Arnold W. Donald, President & CEO, Carnival Corporation
- Roger W. Ferguson, Jr., President & CEO, TIAA
- Alex Gorsky, Chairman & CEO, Johnson & Johnson
- Henry R. Kravis, Co-Chairman and Co-CEO, Kohlberg Kravis Roberts & Co.
- David W. MacLennan, Chairman and Chief Executive Officer, Cargill
- Satya Nadella, CEO, Microsoft
- Shantanu Narayen, Chairman, President and CEO, Adobe Inc.
- David M. Solomon, Chairman and Chief Executive Officer, The Goldman Sachs Group
- Emma Walmsley, Chief Executive Officer, GlaxoSmithKline
- Lisa W. Wardell, Chairman and CEO, Adtalem Global Education
- Michael K. Wirth, Chairman & CEO, Chevron Corporation
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