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Todd Ricketts

Todd Ricketts
Cubs visit to the White House, Todd Ricketts (02).jpg
United States Deputy Secretary of Commerce
Nominee
Taking office
TBD*
President Donald Trump
Succeeding Bruce Andrews
Personal details
Born 1969 (age 47–48)
Political party Republican
Parents Joe Ricketts
Marlene Volkmer
Relatives Pete Ricketts (brother)
Laura Ricketts (sister)
Thomas S. Ricketts (brother)
Education Loyola University, Chicago (BA)
University of Chicago
*Pending Senate confirmation

Todd M. Ricketts (born 1969) is an American businessman who sits on the board of directors of the Chicago Cubs and TD Ameritrade. On November 30, 2016, Ricketts was chosen by President of the United States of America Donald Trump to be United States Deputy Secretary of Commerce.

Todd Ricketts is the son of Marlene Margaret (née Volkmer) and Ameritrade founder and billionaire Joe Ricketts.Forbes estimate of the Ricketts' family wealth ($1 billion), consolidated under J. Joseph Ricketts name, placed them at No. 371 on the Forbes 400 list.

Ricketts earned a bachelor's in economics at Loyola University Chicago in 1994 and later attended the University of Chicago's Booth School of Business. Ricketts left Booth before finishing his MBA requirements to work as a trader at a New York-based startup, Knight Securities.

Ricketts worked for securities and investment banking firm Incapital and for the financial services firm Knight Securities. He also worked for Ameritrade in business development. Ricketts is an owner of Higher Gear Bike Shops in Wilmette, Illinois and Highland Park, Illinois and a member of the board of directors of World Bicycle Relief.

Ricketts is on the board of directors of the Chicago Cubs and TD Ameritrade Holding Corporation (NASDAQ: AMTD).

On November 7, 2010, Ricketts appeared on the reality television series Undercover Boss, going incognito as an entry-level employee at Wrigley Field. His brother Tom was initially considered for the part, but the Cubs settled for Todd as he was considered less recognizable. Ricketts grew out his beard and wore fake glasses, assuming his alias — unemployed roofer "Mark Dawson". From August 30 to September 8, during a nine-game Cubs' homestand, Ricketts worked a number of jobs at the ballpark, selling hot dogs, operating the scoreboard, picking up trash, and cleaning toilets. He was fired from his maintenance job during the episode.


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