Professional Career
He became associated with Amalgamated Bank of Chicago, where he was first vice chairman (1989–1990) and then president and chief operating officer (1990–1993). Daley returned to the practice of law, as a partner with the firm Mayer Brown (then Mayer, Brown & Platt) from 1993 to 1997.
Daley was appointed to the board of Fannie Mae in 1993 by President Bill Clinton, serving until 1997.
In December 2001, following his service as U.S. Secretary of Commerce under President Clinton, he was appointed President of SBC Communications to help reform the company's image. In May 2004, Daley was made the Midwest Chairman of JPMorgan Chase, following its acquisition of Bank One Corporation, to oversee its operations from Chicago. Daley formerly served on the Board of Directors of Boeing, Merck & Co., Boston Properties, and Loyola University Chicago. He is currently a trustee of Northwestern University and is a member of the Council on Foreign Relations.
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Famous quotes containing the words professional and/or career:
“The relationship between mother and professional has not been a partnership in which both work together on behalf of the child, in which the expert helps the mother achieve her own goals for her child. Instead, professionals often behave as if they alone are advocates for the child; as if they are the guardians of the child’s needs; as if the mother left to her own devices will surely damage the child and only the professional can rescue him.”
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