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Diane Swonk
Swonk in 2023
Born(1962-04-08)April 8, 1962
Kalamazoo, Michigan
NationalityAmerican
Academic career
InstitutionKPMG
Alma materUniversity of Michigan (BA, MA)
University of Chicago (MBA)
Websitewww.kpmg.us/DianeSwonk

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

Early life and education

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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][5] She also holds an MBA in finance from the Booth School of Business at the University of Chicago.[4] She is dyslexic, and has spoken publicly on how she considers this to have affected her work.[6][7]

Career

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Swonk started her career at the age of 22 when she joined First Chicago Corporation in 1985 as an associate economist.[8] Despite encounters with workplace gender discrimination,[9] 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.[10] Swonk rose to become director of Economics and senior vice president, prior to leaving the firm in 2004.[8][10]

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;[11][12] 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][12] Swonk joined the faculty of Kellstadt Graduate School of Business at DePaul University, as a clinical professor of finance that year.[13]

In November 2004, Swonk was appointed chief economist and senior managing director at Mesirow Financial.[14][15] 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][5][16]

Swonk was appointed chief economist of Grant Thornton, LLP in January 2018.[4] 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

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References

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  1. ^ a b c d [Source needed]
  2. ^ "KPMG Names Diane Swonk Chief Economist". info.kpmg.us. Retrieved 2022-08-01.
  3. ^ "In profile: Chicago Business Journal's Women of Influence". www.bizjournals.com. Retrieved 2019-02-02.
  4. ^ a b c Mikus, Kim (2018-01-09). "Grant Thornton accounting firm hires Diane Swonk". Daily Herald. Retrieved 2019-02-02.
  5. ^ a b "Diane C. Swonk | U-M LSA Department of Economics". lsa.umich.edu. Retrieved 2019-02-02.
  6. ^ "Diane Swonk | Women in Economics Podcasts | St. Louis Fed". www.stlouisfed.org. Retrieved 2019-02-02.
  7. ^ "Diane Swonk, Founder of Diane Swonk Economics". Yale Dyslexia. Retrieved 2019-02-02.
  8. ^ a b Palmer, Ann Therese (7 June 2004). "'I've learned to integrate my lives as wife, mother and economist'". chicagotribune.com. Retrieved 2019-02-02.
  9. ^ "Women Chief US Economists Have Gotten Even Rarer on Wall Street" Reade Pickert, Bloomberg Law, May 2, 2023. Retrieved August 10, 2023.
  10. ^ a b "Chief Economist Diane Swonk Plans to Leave Bank One". www.businesswire.com. 2004-08-19. Retrieved 2019-02-02.
  11. ^ "Brush with disaster close for Chicagoans" Susan Chandler, Chicago Tribune, September 12, 2001. Retrieved October 15, 2022.
  12. ^ a b Swonk, Diane (2003-01-23). The Passionate Economist: Finding the Power and Humanity Behind the Numbers. Wiley. ISBN 9780471269960.
  13. ^ "The Northern Trust's Top Economist Paul L. Kasriel To Teach At DePaul University's Business School" DePaul Newsroom Archives (1997–2014), October 18, 2006. Retrieved October 15, 2022.
  14. ^ "Swonk lands at Mesirow Financial". Crain's Chicago Business. 2004-11-28. Retrieved 2019-02-02.
  15. ^ a b "Diane Swonk exits Mesirow Financial". Crain's Chicago Business. 2016-01-03. Retrieved 2019-02-02.
  16. ^ "Grant Thornton names Diane Swonk as chief economist". www.businesswire.com. 2018-01-08. Retrieved 2019-02-02.
  17. ^ "KPMG NAMES DIANE SWONK CHIEF ECONOMIST". finance.yahoo.com. Retrieved 2022-08-01.
  18. ^ "Past Presidents of NABE". www.nabe.com. Retrieved 2019-02-02.
  19. ^ "Bloomberg - Diane Swonk Profile". www.bloomberg.com. Retrieved 2019-02-02.


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