Sweet blog scoop.
Billionaire business mogul Penny Pritzker will be the national finance chairman of Barack Obama’s 2008 presidential campaign.
Pritzker, a major Democratic donor and fundraiser, whose family founded Hyatt Hotels, heads up the massive fundraising effort Obama is launching to bankroll what may be one of the most expensive Democratic primary campaigns ever.
Obama's first major fundraiser of his quest for the White House will be on Feb. 11 at the Hyatt Regency Chicago.
In the all important money primary, Obama is facing off with Hillary Clinton, who has an extensive national network of donors as well as the starpower of President Clinton to help her raise millions of dollars of campaign cash.
Pritzker was on the finance committee for Obama’s 2004 Senate campaign.
A member of one of Chicago’s wealthiest families, Pritzker is founder, chairman and CEO of Classic Residence by Hyatt.
She is also Vice Chairman of the Chicago Public Education Fund, a founding member of the Board of Young Women’s Leadership Charter School.
Pritzker is a member of the Council on Foreign Relations, the Real Estate Roundtable, the Urban Land Institute, the Commercial Club of Chicago, the Young Presidents' Organization, and the Chicago Network. She is a life trustee and former Chairman of the Board of the Chicago Museum of Contemporary Art.
Pritzker earned her bachelor's degree in economics from Harvard University and J.D. and M.B.A. degrees from Stanford University.
Pritzker was named one of Forbes most powerful women in 2005.
The Obama national campaign headquarters will be in Chicago.