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Schneider Colleagues Discuss Business Record

Democratic challenger to Rep. Robert Dold (R-Kenilworth) turned around a family business.

When Robert Dold (R-Kenilworth) ran for the House of Representatives two years ago, he presented his experience as President of his Rose Pest Control as a reason voters should send him to Congress.

Deerfield management consultant as a reason the citizens of the 10th Congressional District should now send him to Washington instead.

Earlier: Party Leaders Weigh in on 10th District Attack Ads

Now independent expenditure groups wanting to assure Dold’s reelection and to some degree the North Shore Congressman himself are questioning Schneider’s business success. They base their criticism on Schneider’s refusal to release his federal income tax returns and information found in a disclosure statement he was required to file with the House of Representatives.

Those disclosure statements do show the Schneider family to be multimillionaires with investment income ranging from $200,000 to $550,000 a year.

Though the Schneider has chosen not to release his tax return because he does believes his wife, Julie Dann, is entitled to privacy and does not want to make her earnings public. “She is not running for Congress,” Schneider said. Dann is a managing director at Mesirow Financial.

The Schneider campaign was unwilling to give Patch much specific financial information about the candidate’s business success. It would only say he took over the Davis Dann Insurance Company in 1997 and turned it into a multimillion dollar business by the time he sold his interest in 2003, according to McCabe.

People familiar with Schneider’s work at Davis Dann also speak of his managerial skill. Marv Rotstein, now a senior managing director at Mesirow, tells how his former colleague came into the company knowing little about the life insurance business and made it a success.

“He reorganized the business and made it profitable,” Rotstein said. “He managed half a dozen people and sold a lot of life insurance even though it was new to him.

After Schneider sold his interest in Davis and Dann, he joined the strategic services department of Blackman Kallick returning to his business roots of helping primarily family held businesses transition from one generation to the next or move to a management model which was not completely family based.

“He could really bring people together and pull ideas out of them,” Barry Cain, who recruited Schneider into Blackman Kallick, said. “He had a classic head for business. He really helped grow this area (of the company).”

Working as a team, Cain and Schneider were responsible for bringing between $800,000 and $1 million of revenue into Blackman Kallick annually in the six-year period Schneider worked there.

Like Schneider, Dold was steeped in a family business culture before becoming a member of Congress. He has talks often about running an operation with approximately 100 employees and considers it an integral part of his resume.

“His background as a small businessman speaks to his understanding of what fiscal, tax, and regulatory policies are necessary to help create jobs and expand the economy,” spokesperson John McGovern said.

The Dold campaign was also unwilling to release specific information on earnings or job growth during Dold's time at the helm of the company. As a privately held concern it has no obligation to do so. 

Ashley Howard October 29, 2012 at 08:02 PM
Mr. Sadin,...shame on you.
Harry Steindler October 29, 2012 at 08:32 PM
Anyone - your example of a businessman as president? Harry Truman, the haberdasher? Obama - no, Bush Jr. - not really, Clinton - no, HW Bush - no, Reagan - no, Carter - sort of, Ford - no, Nixon, - no, Johnson - no, Kennedy - no, Eisenhower -no, etc. Here's a list of presidents and their pre-presidantial occupations: http://www.infoplease.com/ipa/A0768854.html
Harry Steindler October 29, 2012 at 09:03 PM
I work everyday with people who run small businesses. I don't see small business owners as having any better or worse chance of being successful leaders of our government and country than I do firemen, school teachers, professional athletes, stay at home moms (or dads), engineers, former military personal, attorneys, doctors or even accountants, etc. We should be electing people with ideas and energy; the ability to think for themselves as well as collaborate, the ability to listen and learn; hopefully people with an understanding of needed short term change but with a vision far into the future. We are not electing people to sell a product - even to make a payroll - both very important skills that may come in handy, but not any more so than the skills developed and enriched through all sorts of life experiences. We need people that understand the diverse needs of the people of our district, state and nation. Yes, we need someone who understands the needs of business owners, but also someone who understands the needs of everyday people, the needs of the impoverished, the needs of those born, or who have become, less fortunate than others – whether because of poverty, or disability, or physical or mental health issues. We need someone who understands how difficult life might be for those looked at or treated differently, because of their upbringing, their race, gender, etc. Of course, in a congressman we also need someone with an understanding of international issues.
Bringin' Down Briarwood October 29, 2012 at 09:05 PM
That answer just makes me laugh. Thanks. You already displayed your economic prowess by declaring, "During the eight years of Bush, the economy was great." But thanks for the additional demonstration. To be fair, I'll give you that the economy was probably on it way up when Clinton took office. You don't want me to use the same logic for this election. I know that.
Deerfield Resident October 29, 2012 at 09:21 PM
Harry...good point BUT I didn't comment on past presidents occupations - I spoke of what we need now. In a tough Economic time you need a businessman to run the Country like a business - NOT a civil rights law professor whose overmatched for the job! Roosevelt had an economy in trouble and he had the war stimulate the economy. You know how I feel and my position. I assume you voted for Obama, how do you feel about HIS 8 trillion, his forgetfullness that people need jobs, his focus on social issues (really) and his lack of leadership? I was upset with Bush at the end - how do you feel about Obama now? Four years is a long time.....what has he done that impresses you? Please be honest!
George G October 29, 2012 at 09:25 PM
I'll take someone who has created 1 job. Heck, held a job! Balanced a budget. Heck, MADE a budget. No thanks to utopian green robin hood communist socialists. That formula brings countries down, and after watching "Obama's America 2016" that's just want they want. Not a country, but a "global society." BARF!!
John October 29, 2012 at 09:39 PM
HEY!!! Give Dold Credit---he must have made a fortune selling Lake Michigan to the oil cartels.
D'skidoc October 29, 2012 at 09:40 PM
Hey George, last time I checked the United States was on this planet, you know, the only one we've got. Talk about protectionist, insular, narrow thinking. Why is socialism such a dirty work to y'all? Don't ya just hate when we, as a society, do something that we couldn't do individually? You know... public education, public safety, good roads, sewers and safe water. We are a social species. Individualism goes only so far. You don't get to the moon on capitalism, you get there with a cooperative, coordinated effort, because there are some things more important than profit, when it comes to a society.
John October 29, 2012 at 09:41 PM
Let me get this.....??? utopian...green.......communist.......socialists, George---you forgot BLACK
George G October 29, 2012 at 10:10 PM
Johnny has demonstrated the last desperate technique always "employed" (ha) by the liberals: when liberals fail miserably and soil all over themselves and have no argument, they play the RACE card!! Yippee! Public education in this country sucks! Roads suck too! Unemplyment sucks. Poverty is up 15%. 1/5 of the citizens are on food stamps! The few are blamed for the doldrums of the many. We need American energy independence and American jobs. Not Earth energy and Earth jobs. So It's koo-koo planetary society time. Oh boy, I can't wait to work hand-in-hand with those crazy Iranians, Al-Qaeda, Lybia, Egypt, Saudi Arabia, Syria, and don't forget China and North Korea. Yes they will all come around to our way of thinking. U.S.S.R. tried that. Failed!! I'll take Freedom, Free Markets, free competition, free enterprise and Prosperity, thanks! Private business has created, invented, and innovated every awesome product, service, and modern convenience you take for granted. It employs you and gives you your prosperous life. The ONLY thing the government does best is National Defense. And we're going to need it when all the idiots get Nukes thanks to Mr. Wonderful.
Deerfield Resident October 29, 2012 at 10:36 PM
D'skidoc No profit equals running in the RED at any level ...do you not know that?....Do you need a gov't to take care of you? That's what socialism is.......... List me anything Obama has done right in the l;ast 4 years John Obama being black shouln't matter NOR should it give him any kind of a free pass...please list me anything he's done in 4 years Harry It was a nice speech, just like what Obama is good at, but again, list me anything he's done well the last 4 years
Harry Steindler October 29, 2012 at 11:14 PM
Try these - I'm sure you'll disagree with some, but . . . http://www.washingtonmonthly.com/magazine/march_april_2012/features/obamas_top_50_accomplishments035755.php http://www.dailykos.com/story/2012/09/06/1128093/-President-Obama-s-Accomplishments-So-Far
D'skidoc October 29, 2012 at 11:48 PM
Thanks Harry. btw..DFR.just my opinion, but based on facts. The developed countries with the more socialized health systems have healthier populations as measured by a number of different indicators and do it for far less that we do here in the US. Why does it threaten you that more people can be healthier for less aggregate cost? The only people who should fear that are the CEO's of health insurance companies. Again....Why is socialism such a dirty word. Without social contracts we would all be just beating each other over the head with sticks and rocks for the best grubs. Can't have civilization without civility and society.
dold's supporter October 31, 2012 at 12:53 AM
Dold: given his house by his dad. Given a company not to run but to pick up a payckeck as "president of the company." Smart move...Dold needed to be sold as a "small business owner" in the upcoming political campaigns...Dold-fake man. The only thing this cockroach cares about is tax breaks for milionares like him. Vote for him, maybe he makes overtime payment illegal, in addition to healthcare for anyone making less in a lifetime than what he makes in 5 years.
Deerfield Resident October 31, 2012 at 01:57 PM
There are 3 types of liberals (socialists) - those like John who must need everything provided to them by the gov't. and who think socialsm is the way, those like "Dold's supporter" who are jealous of people who do better than them and those like Harry who can't separate those that truly need help from those that expect everything given to them.
dold's supporter November 01, 2012 at 12:51 AM
I am jealous of crooks being able to fool the media for so long...And they, Dold included, managed to fool you too...how the h do they do it? You seem logical...how come you fell for Dold's propaganda? He doesn't have jack except what was handed to him...he didn't work for anything, he got it all served to him by his dad (which is natural) so he claiming effort and knowledge is misleading. How can you buy it?
Harry Steindler November 01, 2012 at 03:13 AM
DR - not sure how you know what I know - I have a pretty good idea who needs support and who doesn't. Also, not sure what you count as "help" vs. government subsidy, vs. government investment. My general view - Obama and democrats in general will focus on those that do indeed need support to either survive or to do their best to be productive members of society. I also think Obama and democrats have a better eye on the long-term future of our country and the world. You can't just have a short term view - doesn't work in business or in government.
Deerfield Resident November 01, 2012 at 01:55 PM
Harry - I think you have it backwards. Obama, Pelosi and Reid are the ones with the short term agenda. If they had a long term agenda, they wouldn't be hurting our grandkids by borrowing from China and increasing our debt! Who's going to pay for that? What about all those people collecting unemployment because it's more profitable than working because our gov't has made it easier to not work. You can't have one part of our society working hard to get a house, pay for insurance, pay for college and save for retirement and then those who don't put the effort in are simply given these rewards because they shouldn't be left behind! Why work if the gov't is going to make everything equal anyhow. Also, it sounds to me that you are either a social worker or a lawyer. I AM a small business owner with 40 employees. As a business owner in a tough economy you MUST focus on the short term every day to keep revenue coming in and people busy. You keep an eye on the long term and new strategies and hope your plans get you there. Limit your compassion to those who deserve it!
George G November 01, 2012 at 02:09 PM
Well put, Deerfield Resident. Another example of democratic short term thinking: Medicare will be insolvent in 12 years. Obama/Schneider are quick to criticize anyone who proposes a plan (including their own Simpson-Bowles commission!). But yet they offer NO plan to fix Medicare. Their thinking is CLEARLY short term, as in 5 days til election!!! In the past four years, the deficit has grown by $6 trillion. Where did all that money go? And what would it be like after four more years of this? I dont want to find out. Obama must go! would like to add that Medicare, Social Security, and the deficit are the three biggest proble
George G November 01, 2012 at 02:13 PM
But the first step toward solving all these problems is JOBS JOBS JOBS. Mitt Romney knows what to do to allow businesses to open up the hiring. Period. Everything I,Obama has done is bad for jobs. Period.
McCloud November 01, 2012 at 02:47 PM
After Obamacare repeal, long term certainty on taxes, lower capital gains rate, repeal of Dodd-Frank, maybe this country stands a chance to grow our economy and restore more tax revenue which should be earmarked for paying off the Obama stimulus waste.
mario November 01, 2012 at 11:10 PM
capital gains rate at regular income rates during the Clinton years were fine and most everybody prospered. bush lowered and what happend? rich are richer and the middle class is getter smaller. oh and as far as the deficit goes i agree it is bad but how quick we forget that the 800million in costs was never put in the books when bush started now the changes in medicare he passed.
Harry Steindler November 02, 2012 at 04:04 AM
Funny DR - I am a partner in a company - we have 40 employees too! I'm not a lawyer, not a social worker, I'm a person who knows that all men and women are NOT created equal. I do have compassion for those that have the deck stacked against them - and I'm not even talking about the incredible inequity of our tax system - I'm just talking about the challenge of everyday life for lots of people. You sound like you are echoing Romney's insulting, ill advised and off base 47% comment.
RationalTht November 02, 2012 at 01:59 PM
If EVERYONE paid, it would be OK - the problem is, voters are expecting SOMEONE else to pay. There is a problem then when no one else is left to pay.
RationalTht November 02, 2012 at 02:00 PM
Didn't Schneider marry into "his" business. The one he said he turned around before he sold?
RationalTht November 02, 2012 at 02:05 PM
Everyone "prospered" during the Clinton years because of the Internet bubble and the fact that people were using their homes as a piggy bank, refinancing out and living off of the "increased" equity.
Deerfield Resident November 02, 2012 at 08:15 PM
Harry....your'e not the Harry Steindler from deerfield, partner in a law firm? Hmmmm.... But you are a small business owner with 40 employees too (like me) and don't look at the short term in a bad economy? Hmmmm...... Also, what's with the tax crap again.....I pay my 30% + or - do you pay your 30%? How much do you want people to keep giving. Again, if and WHEN I make 1M a year and I pay $300,000 in taxes ..DON'T YOU THINK I'VE PAID ENOUGH????? You sound like a typical liberal, probably living very comfortably, but have such guilt?????? that you have to criticize those LIKE YOU who are sucessful just to look good. How's the law firm?
Deerfield Resident November 02, 2012 at 09:01 PM
Harry... (I just can't help myself question a liberal when I have one on the other end) ....so maybe you are a small business owner and you have an employee who doesn't pull their weight and after repeated talks he/she doesn't get it. Do you keep them on because you feel "life is stacked against them" or do you fire them for the good of your company? This is what I'm talking about with our scoiety and the liberal views in general. Sure we MUST take care of those who truly need help but the rest...those who constantly have their hand out, refuse to get jobs or think obamas "change" means they're on easy street need to receive no more help what-so-ever. You liberals just don't see that.....
Harry Steindler November 03, 2012 at 05:11 AM
DF - what percentage of the federal budget do you believe goes towards the types of programs you are talking about (whatever they may be) and of that, how much do you think goes to the lazy cheaters who you are pointing to? Who are these lazy cheaters? Should we cut everyone out because of a few bad apples? By the way - it seems that you know me - you ought to know I'm a CPA then, not an attorney or social worker. I have a pretty good job so I guess I'm comfortable - because I have children with special needs I have benefited from federal and state tax dollars supporting special needs education. Between seeing children and young adults with special needs and doing work for social welfare organizations, I know there are plenty of people who would have no chance of surviving, forget thriving, without taxes supporting these people and services.Add an aging population and the need for social service spending will continue to grow. Those of us who are "comfortable" need to keep sharing to help those who have not yet reached that point and to help those that have no chance of getting there. I realize many people donate time and money to help - but that's not nearly enough. Some of the taxes we pay go to help those that need that help - that not only gives these people a chance - it also makes the United States and all of us better. And no, my partners and I never just look at the short term - that wouldn't be fair to our staff. our clients, or society in general.
Harry Steindler November 03, 2012 at 05:13 AM
By the way - I don't believe that Romney has any concept of how the tax system affects people. His "plan" to cut marginal rates and limit itemized deductions will not have nearly the positive affect he is expecting on lower income workers. The huge bulk of tax paid by lower earners consists of regressive taxes such as sales tax, state income taxes, utilities taxes, gas tax, social security and Medicare, real estate taxes, etc – not income taxes. His tax plan will lead to a large reduction in income taxes for a vast number of higher earners though. The theory that lower taxes for higher earners will flow down to the rest has not come to fruition over the past decade of incredibly low income tax, dividend and capital gains tax rates. Fortune 500 companies had record earnings in 2011and many small companies are experiencing high profits yet job growth is slow. Companies have found that they can make it with fewer workers due to productivity gains and the willingness of workers to work more hours. They’re not interested in hiring – despite very generous depreciation laws, job credit opportunities and the aforementioned already low tax rates.

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