Diane Swonk Explained

Diane Swonk
Birth Date:8 April 1962
Birth Place:Kalamazoo, Michigan
Nationality:American
Institution:KPMG
Alma Mater:University of Michigan (BA, MA)
University of Chicago (MBA)

Diane C. Swonk (born April 8, 1962)[1] is an American economic advisor and chief economist at KPMG US.[2]

Early life and education

Swonk was born in Kalamazoo, Michigan.[3] She studied economics at the University of Michigan, where she obtained a bachelor's degree in 1984,[1] followed by a master's degree, in 1985.[4] She also holds an MBA in finance from the Booth School of Business at the University of Chicago. She is dyslexic, and has spoken publicly on how she considers this to have affected her work.[5] [6]

Career

Swonk started her career at the age of 22 when she joined First Chicago Corporation in 1985 as an associate economist.[7] Despite encounters with workplace gender discrimination,[8] by the turn of the century, Swonk became "widely regarded as one of the premier forecasters of the U.S. economy".[1] The bank later merged with Banc One Corporation to become Bank One.[9] Swonk rose to become director of Economics and senior vice president, prior to leaving the firm in 2004.

Lodged at a nearby New York Marriott World Trade Center hotel to attend an annual National Association for Business Economics (NABE) conference at the time;[10] her economic focus shifted from pure numeracy following the events of 9/11, as she then ascertained economics to be equally influenced by social as by financial policy.[1] [11] Swonk joined the faculty of Kellstadt Graduate School of Business at DePaul University, as a clinical professor of finance that year.[12]

In November 2004, Swonk was appointed chief economist and senior managing director at Mesirow Financial.[13] [14] She spent 11 years at the firm, before leaving in 2016 to found her private consulting firm, DS Economics, where she serves as CEO.[15] [16]

Swonk was appointed chief economist of Grant Thornton, LLP in January 2018. In July 2022, KPMG US appointed her as its chief economist.[17]

Swonk is a Fellow of the NABE, serving as its president from 1999 to 2000.[18] Swonk is also a member of the Council on Foreign Relations.[19]

Works

Notes and References

  1. Source needed
  2. Web site: KPMG Names Diane Swonk Chief Economist . 2022-08-01 . info.kpmg.us.
  3. Web site: In profile: Chicago Business Journal's Women of Influence. www.bizjournals.com. 2019-02-02.
  4. Web site: Grant Thornton accounting firm hires Diane Swonk. Mikus. Kim. 2018-01-09. Daily Herald. en-US. 2019-02-02.
  5. Web site: Diane Swonk Women in Economics Podcasts St. Louis Fed. www.stlouisfed.org. 2019-02-02.
  6. Web site: Diane Swonk, Founder of Diane Swonk Economics. Yale Dyslexia. en-US. 2019-02-02.
  7. Web site: 'I've learned to integrate my lives as wife, mother and economist'. Palmer. Ann Therese. chicagotribune.com. 7 June 2004 . en-US. 2019-02-02.
  8. https://news.bloomberglaw.com/daily-labor-report/women-chief-us-economists-have-gotten-even-rarer-on-wall-street "Women Chief US Economists Have Gotten Even Rarer on Wall Street"
  9. Web site: Chief Economist Diane Swonk Plans to Leave Bank One. 2004-08-19. www.businesswire.com. en. 2019-02-02.
  10. https://www.chicagotribune.com/business/chi-0109120176sep12-story.html "Brush with disaster close for Chicagoans"
  11. Book: Swonk, Diane. The Passionate Economist: Finding the Power and Humanity Behind the Numbers. registration. 2003-01-23. Wiley. 9780471269960. en.
  12. https://wdat.is.depaul.edu/newsroom/year_2006/1509.html "The Northern Trust's Top Economist Paul L. Kasriel To Teach At DePaul University's Business School"
  13. Web site: Swonk lands at Mesirow Financial. 2004-11-28. Crain's Chicago Business. en. 2019-02-02.
  14. Web site: Diane Swonk exits Mesirow Financial. 2016-01-03. Crain's Chicago Business. en. 2019-02-02.
  15. Web site: Diane C. Swonk U-M LSA Department of Economics. lsa.umich.edu. 2019-02-02.
  16. Web site: Grant Thornton names Diane Swonk as chief economist. 2018-01-08. www.businesswire.com. en. 2019-02-02.
  17. Web site: KPMG NAMES DIANE SWONK CHIEF ECONOMIST . 2022-08-01 . finance.yahoo.com . en-US.
  18. Web site: Past Presidents of NABE. www.nabe.com. 2019-02-02.
  19. Web site: Bloomberg - Diane Swonk Profile . 2019-02-02 . www.bloomberg.com.