Ted Phillips

Ted Phillips is an American businessman and the President and CEO of the Chicago Bears and has been a part of the organization since 1984. He is currently only the fourth president of the 90 year old organization, the others being Michael McCaskey, George Halas, Jr., and "Papa Bear" George Halas. He is also the father of three sons, Matthew, Max, and Frank. Phillips was born in Oneida, New York and was raised in Nashua, New Hampshire. He graduated from The University of Notre Dame with an undergraduate degree in Business and Accounting. With this degree he worked for the accounting and consulting firm Ernst and Whinney (now known as Ernst & Young). He worked as an auditor and tax accountant with them from 1979-1983 before joining the Bears. Phillips is currently one of only two individuals in the NFL to serve on both the NFL Working Club Executive committee and the NFL Senior Club Executive committee, whose mission is to analyze both the financial and football operations aspects of the Collective Bargaining Agreement. The NFL salary cap system is widely regarded as the best overall financial system in professional sports.