People Moves

Grosvenor head to attract business to Chicago


Michael Sacks, chief executive officer of Grosvenor Capital Management, will be the new vice chairman of the World Business Chicago board and will work closely with Mayor Rahm Emanuel.

“I look forward to working with the Mayor’s Office and the city’s private sector business community to bring jobs to Chicago and increase the economic vitality of the city,” said Sacks.

Under its new leadership, World Business Chicago will be focused on job creation and conducting economic development activities around the world on behalf of the city of Chicago.

Each board member has been asked to work with Sacks