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About
Penny Sue Pritzker is an American business executive, heiress, lawyer, philanthropist, and civic leader from the prominent Chicago-based Pritzker family. Born on May 2, 1959, she has built a distinguished career spanning over three decades in industries including real estate, hospitality, senior living, financial services, and private equity. Pritzker founded several successful ventures, such as Vi Senior Living (formerly Classic Residence by Hyatt), co-founded The Parking Spot, and established Artemis Real Estate Partners and Inspired Capital Partners. She served as Executive Chairman of TransUnion from 2004 to 2012 and held board positions at Hyatt Hotels Corporation, Wm. Wrigley Jr. Company, Marmon Group, and LaSalle Bank Corporation. As founder and Chairman of PSP Partners, a diversified investment firm in Chicago, she continues to drive investments across various sectors. Pritzker is also deeply involved in philanthropy, co-founding the Pritzker Traubert Foundation with her husband, Dr. Bryan Traubert, to promote economic opportunity in Chicago families; she has donated significantly, including $100 million to Harvard for a new economics building named Pritzker Hall. In public service, Pritzker served as the 38th U.S. Secretary of Commerce from June 2013 to January 2017 under President Barack Obama, confirmed by a Senate vote of 97-1, where she focused on supporting American businesses, job creation, and economic recovery. She advised on President Obama's Council on Jobs and Competitiveness and Economic Recovery Advisory Board. More recently, appointed by President Joe Biden, she acted as Special Representative for Ukraine's Economic Recovery. Pritzker holds influential board roles, including at Microsoft Corporation, DEPT, Icertis, the Council on Foreign Relations (former), Carnegie Endowment for International Peace (former chair), Stanford University (trustee), Harvard University Board of Overseers, and the Cyber Readiness Institute (co-chair). She co-founded Chicago-based civic-tech organization P33 and chaired the Chicago Public Education Fund, emphasizing education and workforce development through initiatives like Skills for America's Future. Her contributions extend to cultural and academic institutions; she is a trustee of the John F. Kennedy Center for the Performing Arts, former chairman of the Museum of Contemporary Art in Chicago, and a member of the American Academy of Arts and Sciences. Married to Dr. Bryan Traubert, she has two children, Rose and Donald, and resides in Chicago. Her work bridges business innovation, policy, and civic engagement, positioning her as a key figure in economic strategy and international affairs, including membership in the Aspen Strategy Group and Economic Strategy Group.