Here are the Council on Foreign Relations members who joined Paul Hoffman in setting up the CED in 1942:
William Benton (former U.S. Senator, now Chairman of the Board of Encyclopaedia Britannica; former Assistant Secretary of State; Trustee and former Vice President, University of Chicago)
Will L. Clayton (founder of Anderson, Clayton & Co., Houston; former Assistant Secretary of Commerce and Under Secretary of State under Roosevelt and Truman; Eisenhower's National Security Training Commissioner)
Ralph E. Flanders (former United States Senator)
Marion B. Folsom (Eisenhower's Secretary of the Department of Health, Education, and Welfare; many other positions in the Roosevelt and Truman Administrations; Board of Overseers, Harvard)
Eric A. Johnston (former Director, Economic Stabilization Agency; many other positions in the Roosevelt-Truman-Eisenhower Administrations; former Director and President of U.S. Chamber of Commerce; now President of the Motion Picture Association of America)
Thomas B. McCabe (former Lend-Lease Administrator; former Chairman of the Board of Governors, Federal Reserve System; President of Scott Paper Company since 1927)
Harry Scherman (founder and Chairman of the Board, Book of the Month Club, Inc.)
Here are Council on Foreign Relations members who were Chairmen of the Committee for Economic Development from 1942 through 1959:
Paul G. Hoffman, 1942-48
Marion B. Folsom, 1950-53
Meyer Kestnbaum, 1953-55 (President, Hart Schaffner & Marx; Director, Fund for the Republic; Director, Chicago and Northwestern Railroad)
J. D. Zellerbach, 1955-57 (Eisenhower's Ambassador to Italy; President and Director of Crown-Zellerbach Corp.; Chairman of the Board and Director, Fibreboard Products, Inc.; Director, Wells Fargo Bank & Union Trust Co.)
Donald K. David, 1957-59 (Dean, Harvard University; Trustee of the Ford Foundation, Carnegie Institute, Merrill Foundation; Board of Directors, R. H. Macy & Co., General Electric Corp., First National City Bank of New York, Aluminum, Ltd., Ford Motor Co.)
Of the CED Board of Trustees listed in the CED's 1957 Annual Report, 47 were members of the Council on Foreign Relations.
The Research and Policy Committee of the Committee for Economic Development is the select inner-group which actually runs the CED. In 1957, the following members of the Research and Policy Committee were also members of the Council on Foreign Relations:
Frazar B. Wilde, Chairman
Frank Altschul (Chairman of the Board, General American Investors Corp.; Vice Chairman, National Planning Association; Vice President, Woodrow Wilson Foundation)
Elliott V. Bell (former economic adviser to Thomas E. Dewey; former research consultant to Wendell Willkie; now Chairman of the Executive Committee, McGraw-Hill Publishing Co., Inc.; Publisher and Editor of Business Week; Director of Bank of Manhattan Co., New York Life Insurance Co., Carrier Corp., Trustee of the John S. Guggenheim Memorial Foundation)
William Benton
Thomas D. Cabot (former Director of Office of International Security Affairs, State Department; now President of Godfrey L. Cabot, Inc.; Director of John Hancock Mutual Life Insurance Co., American Mutual Liability Insurance Co.; Trustee, Hampton Institute, Radcliff College; member of the Corporation of Massachusetts Institute of Technology)
Walker L. Cisler (former member of the Atomic Energy Commission, Economic Cooperation Administration, Military Government of Germany; now President of Detroit-Edison Co., Trustee, Cornell University)
Emilio G. Collado (former State Department career official; now Treasurer, Standard Oil Company of New Jersey)
Gardner Cowles (former Domestic Director, Office of War Information; now President, Des Moines Register & Tribune, Cowles Magazines, Inc.–Look, etc.–)
Donald K. David
William C. Foster (former Under Secretary of Commerce, Deputy Secretary of Defense; now Executive Vice President, Olin Mathieson Chemical Corp.)
Philip L. Graham (former law secretary to Supreme Court Justices Stanley Reed and Felix Frankfurter; now President and Publisher of The Washington Post and Times Herald)
Meyer Kestnbaum
Thomas B. McCabe
Don G. Mitchell (Chairman of the Board, Sylvania Electric Products, Inc.)
Alfred C. Neal (former official, Office of Price Administration; now member of the Board of Governors, Federal Reserve Bank of Boston; President of CED)
Howard C. Petersen (former council to Committee to Draft Selective Service Regulations; Assistant Secretary of War; now President, Philadelphia Trust Company; Trustee, Temple University)
Philip D. Reed (many positions in the Roosevelt and Truman Administrations; member, U. S. Delegation to UN Conference at San Francisco, 1945; now Chairman, Finance Committee, General Electric Co.; Director of Canadian General Electric Co., Bankers Trust Co., Metropolitan Life Insurance Co.)
Harry Scherman
Wayne Chatfield Taylor (many government positions including Assistant Secretary of Treasury, Under Secretary of Commerce; presently an economic adviser)
Theodore O. Yntema