The Business Council is an association of the Chief Executive Officers of the world's most important business enterprises. Membership is personal, not corporate, and by invitation. Since its founding more than 75 years ago, The Business Council membership has consisted of a group of current and some former chief executive officers from a broad range of companies, all of which are primarily Fortune 500 companies. All major industries are represented among the members of The Business Council. Since its formation, The Business Council has been called upon by the President of the United States, the Administration and Congress for counsel and advice.