Diane Swonk

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

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

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][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

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

References
  1. [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. Mikus, Kim (2018-01-09). "Grant Thornton accounting firm hires Diane Swonk". Daily Herald. Retrieved 2019-02-02.
  5. "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. Palmer, Ann Therese. "'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. "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. 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. "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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