Congressman Neal to Host Regional Economic Forum
June 6, 2013
FOR IMMEDIATE RELEASE - June 6, 2013
CONTACT: William Tranghese (202) 225-5601
Will be joined by CEO's of the Federal Reserve Bank of Boston and Mass Mutual Life Insurance Company
(WASHINGTON) Congressman Richard E. Neal, Roger Crandall, the Chief Executive Officer of Mass Mutual Life Insurance Company, and Eric Rosengren, the President and Chief Executive Officer of the Federal Reserve Bank of Boston will host a regional economic forum tomorrow morning in Springfield for local elected officials, community leaders and business executives. More than 70 members from the public and private sector from all four counties in western Massachusetts are expected to attend this unique briefing. The diverse group of business, academic and political leaders participating in the event will get an in depth and complete economic forecast for the entire region from Neal, Crandall and Rosengren. A robust discussion of the economic future of western Massachusetts is anticipated.
Roger W. Crandall is Chairman, President and Chief Executive Officer of Mass Mutual Life Insurance Company (Mass Mutual). Mr. Crandall first joined Mass mutual in 1988, and spent the first 12 years of his career in the company's Investment Management Department. In 2000, he joined Babson Capital Management LLC, a Mass Mutual subsidiary. In 2005, he was appointed Chairman of Babson Capital and Executive Vice President and Chief Investment Officer of Mass Mutual. In 2010, he was named President and Chief Operating Officer. Crandall serves on the Board of Directors of the American Council of Life Insureres and the Wharton Board of leadership Advisors. He also serves on the CEO Roundtable, the Massachusetts Competitive Partnership and the Massachusetts Governor's Council on Economic Advisors. Crandall is a Chartered Financial Analyst (CFA) and a graduate of the University of Vermont with a bachelor's degree in Economics. He earned his MBA with honors from the Wharton School of Business at the University of Pennsylvania.
Eric Rosengren has been President and Chief Executive Officer of the Federal Reserve Bank of Boston since July 2007 and is currently a voting member of the Federal Open Market Committee. Previously he headed the Bank's supervision, regulation, and credit group, and was active in domestic and international regulatory policy. Rosengren joined the Bank in 1985 as an economist in the research department, with a B.A. from Colby College and an M.S. and PhD from the University of Wisconsin, Madison. He has written extensively on macroeconomics, international banking, bank supervision, and risk management; including articles in leading economics and finance journals. Much of his recent research has focused on how problems in the private sector impact the real economy. Rosenberg is a director of the United Way, a trustee of Colby College, and a member of advisory boards at Colby College and the University of Wisconsin.
Kevin Kennedy, the City of Springfield's Economic Director, will also give welcoming remarks and will serve as the MC for the event.