About CFBC

Mission Statement

The CFBC exists to help family businesses and other closely held companies achieve their business goals through a unique peer support system and related educational programs that provide growth strategies for chief executives, their employees, their families and their businesses.

Why do we do this? We believe in helping people be the best leaders they can be in all aspects of their lives.


CFBC’s roots date back to 1993, when local businessman James P. Liautaud approached the University of Illinois at Chicago about underwriting an organization dedicated to family businesses. The Family Business Council (FBC) welcomed its first members in 1994 and operated under UIC’s College of Business Administration for nearly two decades. The FBC name still lives on at the College of Business Administration’s home, Douglas Hall, where FBC sponsored a room in honor of the organization’s long-standing relationship with the university.

In 2011, the organization became an independent nonprofit organization and changed its name to Chicago Family Business Council. CFBC formed an affiliation with DePaul University’s Driehaus College of Business in 2012, and the two organizations support each other through programming and other educational resources.

CFBC’s membership includes 157 people from 90 companies in an array of industries. Family-owned businesses make up 80 percent of our membership, while 20 percent are closely held organizations and other entrepreneurial businesses. Our members lead the organization, serving on the board of directors and overseeing CFBC’s strategic direction.

The CFBC Difference

  • CFBC serves the whole you, helping you to achieve professional and personal success.
  • CFBC serves your entire company, providing resources for your employees, family members and business to grow and thrive.


All Chicago Family Business Council Governance, minutes, and financial information is available to the public upon request. For more information or questions, please email Judy Hogel at judy@chicagofbc.com.

Want to learn more? Download the Chicago Family Business Council Brochure.