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Todd Ricketts

Birthplace: Nebraska City, Otoe County, Nebraska, United States
Immediate Family:

Son of Joe Ricketts and Private
Brother of Tom Ricketts; Pete Ricketts, Governor and Laura Ricketts

Managed by: Tamás Flinn Caldwell-Gilbert
Last Updated:
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Immediate Family

About Todd Ricketts

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-elect Donald Trump to be United States Deputy Secretary of Commerce.

Early life and education

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.

Ricketts manages the Republican end of his family's political operations. Since 2013, Ricketts has been a member of the board of directors and CEO of a non-profit small government advocacy group called Ending Spending. He was an influential fundraiser and donor during the 2016 US presidential election, supporting Wisconsin governor Scott Walker during the Republican Party primaries. He was named co-chair of Walker's fundraising drive in May 2015. He was named co-chair of Walker's fundraising drive in May 2015. After Walker bowed out of the race, the Ricketts family donated $5.5 million to Our Principles PAC, a super PAC opposing the candidacy of Donald Trump. Once Trump became the presumptive nominee of the Republican Party, Ricketts reversed his stance, throwing his support to Trump. Ricketts was an at-large member of the Illinois delegation to the Republican National Convention. During the tail end of the general election, Ricketts participated in fundraisers in Chicago for Trump's candidacy and helped to raise money for the pro-Trump super PACs 45 Committee and Future 45, raising over $66 million.

On November 24, 2016, reports surfaced that President-elect Donald Trump would appoint Ricketts as Deputy Secretary of Commerce. Trump confirmed his choice of Ricketts as Deputy Secretary of Commerce on November 30, 2016.


Ricketts is vice chairman of The National WWII Museum in New Orleans, and is on the board of Opportunity Education Foundation. He is a Regent at Loyola University Chicago. He is also active with The Churchill Centre.

Personal life

Ricketts is married to French-Canadian Sylvie Ricketts. His siblings are Nebraska Governor Pete Ricketts, Lambda Legal board member Laura Ricketts, and Incapital CEO Thomas S. Ricketts.

Awards and honors

2016 World Series Champion (as a member of the Cubs' Board of Directors).

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Todd Ricketts's Timeline

September 23, 1969
Nebraska City, Otoe County, Nebraska, United States