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U.S. Chamber Of Commerce Elects New Chairman

World’s largest business federation representing more than 3 million businesses and organizations has elected Donald Shepard as its chairman.

WASHINGTON, D.C. -- The U.S. Chamber of Commerce’s board of directors today elected Donald J. Shepard as its chairman. Shepard recently concluded a six-year tenure as chairman and chief executive officer of AEGON N.V., one of the world’s largest life insurance groups.  He is currently the non-executive chairman of AEGON USA, the group’s U.S. division which includes the company Transamerica.

“With his experience running a major business, Don has an astute understanding of what it is going to take to keep America competitive in the 21st century,” said U.S. Chamber President and CEO Tom Donohue. “He will be a tireless champion for our competitiveness plan -- strengthening our human capital, bolstering our infrastructure, boosting our energy supplies, and making our capital markets more efficient.”

Shepard has served on the U.S. Chamber’s board of directors since 1998 and is currently a member of the Chamber’s executive committee. He was treasurer of the Chamber from 2000 to 2003 and served as vice chairman since June 2007.

Shepard succeeds Paul S. Speranza Jr., whose one-year term as chairman concluded today. Speranza is vice chairman, general counsel, and secretary of Wegmans Food Markets, Inc.

More information about the U.S. Chamber of Commerce’s board of directors is available at