History of Strengthening Iowa's Economy
Since its inception, the Iowa Business Council has evolved from a research and advisory organization to a proactive advocacy group asserting leadership on major business policy initiatives.
While other organizations effectively focus on individual issues, the Council maintains a “big picture” perspective. For example, the Council was an early endorser of the Iowa Values Fund and supported its reinstatement and funding to further build on Iowa’s strengths in manufacturing, life sciences, and information technology.
CONVERTING IDEAS INTO REALITY
In 2001, an IBC white paper titled “A Case for Change” addressed the vitality of the business community in Iowa and set forth recommendations on how to move the state’s economy forward. Over time, the Council has worked with many other similarly motivated groups and associations, all possessing the common goal of converting ideas into reality to stimulate economic growth. These collaborative efforts have resulted in significant strides and progress on issues vital to Iowa’s future.
Additionally, the Business Council represents more than $250 million worth annually in financial contributions and volunteer hours given to numerous charitable causes around the state.
ORIGINS
- Founded in 1985
- Nonprofit 501(c)(6), nonpartisan, self-funded organization
- Headquartered in Des Moines, Iowa
MEMBERSHIP
- Members include the top executives of 20 of the largest businesses in the state, the three Regent university presidents, and the president and CEO of Iowa’s largest banking association.
- Collectively, IBC member companies and institutions employ more than 210,000 Iowans and, in just the last ten years, have invested over $15 billion worth of capital in the state.
- Participation is by invitation only – to ensure geographic and industry diversity and provide a range of business perspectives. The Council’s representation reaches statewide and touches all 99 counties.
- Council members are leaders in technology innovation with over $2 billion in annual spending and procured grants for research and development.
PAST CHAIRS
1986-87 Daniel Krumm - Maytag Corporation
1988 John Taylor - Principal Financial Group
1989 Thomas Urban - Pioneer Hi-Bred International
1990 Lee Liu - Iowa Electric Light & Power
1991 Wayne Bevis - Rolscreen Company
1992 Stanley Howe - HON Industries
1993 Ronald D. Pearson - Hy-Vee, Inc
1994 Jack Rehm - Meredith Corporation
1995 James D. White - Deere & Company
1996 Neil Milner - Iowa Bankers Association
1997 Robert L. Vermeer - Vermeer Manufacturing
1998 Leonard A. Hadley - Maytag Corporation
1999 Gary M. Christensen - Pella Corporation
2000 Teresa Wahlert - US WEST Communications
2000 R. Edward Howell - University of Iowa Hospitals and Clinics
2001 Clayton M. Jones - Rockwell Collins
2002-03 Eliot G. Protsch - Alliant Energy Corporation
2004 John D. Forsyth - Wellmark Blue Cross Blue Shield
2005 Todd M. Raba - MidAmerican Energy Company
2006-08 Max A. Phillips - Qwest
2009 Mel Haught - Pella Corporation


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