Tech Entrepreneur Michael W. Ferro, Jr. Named Co-Chairman of the Chicagoland Entrepreneurial Center's Board of Directors Founder and CEO of Click Commerce, Inc. Replaces Outgoing Co-Chairman

Andrew McKenna, Jr.



    CHICAGO, July 18 /PRNewswire/ -- The Chicagoland Entrepreneurial Center
 (CEC) announced today that Michael W. Ferro, Jr., founder and CEO of Click
 Commerce, Inc., has been named the CEC's new co-chairman. He joins co-chairman
 James O'Connor Jr., vice president of Motorola, to lead the CEC's board of
 directors. Mr. Ferro replaces outgoing co-chairman Andrew McKenna, Jr.,
 president of Schwarz Paper.
     "I am extremely proud to be named co-chair of the CEC and honored to
 follow in the footsteps of Mr. McKenna," said Ferro. "Creating and building a
 successful company requires passion, hard work, and a desire to make a
 difference. I am looking forward to helping area entrepreneurs realize their
 dreams of owning a prosperous business."
     Since its founding in 1999, the CEC has experienced tremendous growth,
 including a 300 percent increase in budget and 100 percent increase in staff.
 Last year, the CEC served 1,200 entrepreneurs through consulting services,
 workshops and programs, and was responsible for nearly $30 million in new
 contracts. The CEC created 125 new jobs through its efforts, retained another
 250 positions, and was responsible for more than $7 million in financing for
 its clients.
     "The CEC is at a pivotal stage in its growth, and Michael Ferro, a
 seasoned and successful entrepreneur, has the experience and know-how to help
 our organization make an even greater impact on the Chicagoland economy," said
 David Weinstein, CEC president. "Michael has lived and worked through the
 issues that our clients face on a daily basis and has a strong connection with
 the Chicagoland business community. Click Commerce and the other
 entrepreneurial ventures he has led throughout his career have enjoyed great
 success, and the CEC looks forward to benefiting from his strong leadership."
     Mr. Ferro was 28 years old when he started Click Commerce, and as CEO, he
 is responsible for the strategic direction and vision of the company. In the
 last nine years, he has led the Company from a small start-up to a financially
 strong, technologically competitive, multi-million dollar company that is
 positioned for future growth. Click Commerce's current standing as a
 profitable technology company is testament to Mr. Ferro's entrepreneurial
 spirit, conviction, and his ability to guide a business through tough economic
 times.
     Mr. Ferro is frequently recognized for his professional achievements and
 community activism. He has been awarded the CEO National Young Entrepreneur of
 the Year award and the Humanitarian of the Year Award from the Holocaust
 Memorial Foundation. Mr. Ferro has also received the KPMG Illinois High Tech
 Award and was listed as one of the top "40 Under 40" business leaders by
 Crain's Chicago Business. In addition to serving as Chairman and CEO of Click
 Commerce, Mr. Ferro is a director on the Board of Trustees at the Museum of
 Science and Industry, The Field Museum and the Joffrey Ballet of Chicago and
 serves on the boards of the Northwestern Memorial Foundation, Big Shoulders
 Foundation, After School Matters, and the Illinois Math and Science Academy.
 He is a board member and current vice chairman of the Economics Club of
 Chicago and a board member of the Executive's Club of Chicago. Mr. Ferro is
 also a member of the Young Professionals Organization (YPO) and The Commercial
 Club of Chicago. He is a graduate of the University of Illinois.
 
     About The Chicagoland Entrepreneurial Center
     The Chicagoland Entrepreneurial Center (CEC) is a nonprofit affiliate of
 the Chicagoland Chamber of Commerce. It seeks to make a perceptible and
 lasting economic impact on the Chicagoland region by helping entrepreneurs and
 high-growth businesses build viable, sustainable, and profitable enterprises.
 The CEC is the city and surrounding area's best connected, most resourceful,
 and fastest growing organization that works with entrepreneurs to create and
 sustain opportunities for business success, job growth, and profitability.
 
     About Click Commerce
     Click Commerce, Inc. (Nasdaq:   CKCM) provides collaborative commerce
 solutions for sales and order management, supply chain management, service
 parts optimization, and compliance automation. Enterprises and institutions in
 the aerospace and defense, consumer product, distribution, financial services,
 higher education and health care, manufacturing, retail, telecom, and
 transportation industries utilize the Company's solutions. Click Commerce
 enables corporations such as Abbott Labs, Alaska Airlines, BAE Systems,
 Carrier, Cisco, Citibank, Dell, Delphi, Eastman Kodak, FedEx, Hewlett Packard,
 Home Shopping Network, Honda, IBM, Lockheed Martin, Microsoft, Pier 1, Ryder,
 Samsung, SBC Communications, Tellabs, Verizon, and Xerox, to coordinate and
 optimize business processes, accelerate revenue, lower costs, and improve
 customer service. Five of the top 10 research institutions in North America,
 including Johns Hopkins, University of Washington, and the University of
 Michigan, use the Company's compliance automation software to automate their
 regulatory compliance processes and manage research project approvals. More
 information can be found at http://www.clickcommerce.com .
 
 

SOURCE The Chicagoland Entrepreneurial Center

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.