Pella Chronicle

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August 6, 2013

U.S. Secretary of Commerce to visit Pella

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Pella —

Penny Pritzker was sworn in as the 38th Secretary of Commerce by Vice President Joe Biden on June 26, 2013.

She is a civic and business leader with more than 25 years of experience in the real estate, hospitality, senior living, and financial services industries. Ms. Pritzker served as CEO of PSP Capital Partners, and has previously developed such diverse companies as Vi (formerly Classic Residence by Hyatt), a leader in luxury living for older adults; The Parking Spot, a large U.S. network of off-site airport parking facilities; and Pritzker Realty Group. 

President Obama appointed Pritzker to the President's Council for Jobs and Competitiveness, which formerly advised the administration on economic growth and job creation. Ms. Pritzker previously served on the President's Economic Recovery Advisory Board.  She has also served on the boards of Hyatt Hotels Corporation, Wm. Wrigley Jr. Company, Marmon Group and LaSalle Bank Corporation. She is past executive chairman of TransUnion, a global financial services information company.  

Much of Pritzker's civic work focuses on public education. She served as advisory board chairman of Skills for America's Future, The Aspen Institute. Skills for America's Future is a national initiative that brings together businesses, community colleges and others to prepare workers for 21st century jobs. In 2012, she helped launch Skills for Chicagoland's Future, the first city model of Skills for America's Future. Pritzker is past chair of the Chicago Public Education Fund, the first venture philanthropy to raise private equity to invest in public schools, and a former member of the Chicago Board of Education.  

In 2012, Pritzker received the Woodrow Wilson Award for Public Service, an honor given to individuals who have served with distinction in public life and have shown a special commitment to seeking out informed opinions and thoughtful views.  

Pritzker earned her bachelor's degree in economics from Harvard University and J.D. and M.B.A. degrees from Stanford University. She and her husband Dr. Bryan Traubert have two children.  

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