Michael Fassnacht to resign as head of World Business Chicago ...Middle East

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Michael Fassnacht to resign as head of World Business Chicago
source : Bloomberg News Today ( Middle East ) () 30
Michael Fassnacht is resigning as president and CEO of World Business Chicago, where he directed efforts to promote the regional economy through the pandemic. The veteran advertising executive presided over four years of growth at the organization, doubling its workforce to 50 and increasing corporate support to supplement government funding. He took over WBC in 2020 with the backing of former Mayor Lori Lightfoot after serving as the city’s chief marketing officer. Fassnacht said his decision is personal and that Mayor Brandon Johnson isn’t pushing him out to install someone else. Johnson succeeded Lightfoot as chair of the WBC board. “I don’t know yet what I’ll be doing next, but I plan

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