There are seven members on the Board of the Illinois Capital Development Board. The Board meets monthly in Springfield, Chicago or other locations throughout the state to set policy for the agency, approve the awarding of contracts to professional design firms and consider major changes to construction contracts. The Board also is responsible for selecting an Executive Director
who oversees approximately 130 employees in the daily operation and management of CDB.
The board members, who serve four-year terms, are appointed by the Governor and confirmed by the Illinois State Senate. No more than four of the members may be from the same political party. The board members receive no salary but are reimbursed for expenses.
Peter O'Brien Chairman
Peter O'Brien of Chicago was named to the Capital Development Board in April of 2011 . Peter is Chief Operating Officer and Vice President of his family business, MADO Management LP. Peter has over three decades of experience in the development and management of commercial and institutional properties within the state. Peter has served on the Illinois Development Finance Authority and most recently MPEA, as Board member, secretary/treasurer and then appointed to the interim board.
Peter is an active Trustee of Old Town Merchants and Residents Association, Past President of The Irish Fellowship Club of Chicago and a board member of The Chicago Convention and Tourism Board and the Illinois Restaurant Association.
Glyn M. Ramage of Millstadt was named to the Capital Development Board in August, 2002. He was appointed acting chairman of the CDB between February and April of 2004. Member Ramage has served as the business manager for the Twelve Counties Southwestern Illinois Laborers District Council since 2000. He is a 26-year member of the Laborers' Local No. 100 in East St. Louis and has served as business manager of the Local since 1993.
Member Ramage serves as chairman of the Foundation for Fair Contracting of Southwestern Illinois, Inc. and is a director of the Labor Management Work Preservation & Construction Industry Promotional Trust of Southwestern Illinois.
Michael Chin of Chicago was named to the Capital Development Board in August of 2004. He is currently Vice President, Middle Market Banking, with Popular Community Bank. Member Chin graduated with a degree in marketing from the University of Illinois at Chicago and a master's degree in business administration from Lewis University.
In 2002 he received a 'business leader award' from State Treasurer Judy Baar Topinka and is involved with Chicago Mayor Richard M. Daley's 21st Century Leadership Council. He also has served as president of the Asian American Small Business Development Center.
Stewart A. Munoz
Stewart A. Munoz of Chicago was named to the Capital Development Board in January of 2005. He is currently the chief executive officer of Centro Realty and Development, where he administers the financing and management of building projects. Member Munoz has earned an associate of arts in marketing from the College of DuPage in Glen Ellyn, a bachelor's degree in communication from Northeastern Illinois University in Chicago and a master's degree in business administration from Madison University. He previously worked as a real estate consultant for Century 21 Boardwalk.
Member Munoz serves as the chairman of Chicago Mayor Richard M. Daley's Advisory Council on Latino Affairs, as vice chairman of the Illinois Hispanic Chamber of Commerce and as vice president of the Cuban Chamber of Commerce. He also is a director of the Pan American Bank Advisory Committee and a member of the Chicago Association of Realtors.
Miles W. Beatty III
Miles W. Beatty III of Lake Zurich, President of Beatty Decorating Company, was named to the Capital Development Board in January of 2012.
Beatty has been president of Beatty Decorating Company, a firm that specializes in painting, wall coverings and specialty finishes, since 1992. He joined the family-owned firm as an apprentice in 1972. He is on the Board of Directors of the Finishing Contractors Association of Chicago and is a Trustee of the Chicago Painters and Decorators Pension Fund.
Beatty has been an Illinois resident for 59 years. He and his wife Pam have three adult children.
William A. “Bill” Lowry, Sr.
William A. “Bill” Lowry, Sr. was named to the Capital Development Board in May 2014. He is President and Managing Shareholder of Nyhan, Bambrick, Kinzie & Lowry, P.C., a Chicago law firm with 47 attorneys. His specialty is in Workers' Compensation and Employer Liability Law. Bill has received numerous professional recognitions, including being named among Chicago’s Best Lawyers. He is the author of several legal articles and presents lectures at seminars relating to insurance and employment law. Bill is a board member of Lake Forest College, Loyola University of Chicago School of Law, Chicago Children’s Museum, Chicago Family Directions, Legal Prep Charter Academies, Coordinated Advice and Referral Program for Legal Services and The Ancona School.