CHICAGO, June 15 /PRNewswire/ -- The Chicago Corporation, a new independent investment banking firm focused on serving middle-market companies, announced today that John A. "Jack" Wing has joined the firm as Chairman Emeritus. Mr. Wing served as Chief Executive Officer and Chairman of the Board for The Chicago Corporation from 1981 until 1997 when the original company was sold to ABN AMRO.
Several former members of The Chicago Corporation, along with a team of investment bankers and seasoned executives from a variety of industries, reestablished The Chicago Corporation earlier this year to provide middle-market companies with a range of financial and corporate advisory services including mergers and acquisitions, debt and equity capital raising, and financial restructuring.
"Jack Wing played a pivotal role in helping Chicago become a global financial center. He was also instrumental in growing The Chicago Corporation into a full-service regional investment banking and brokerage firm in the 80's and 90's," said Phil Clarke III, a Managing Director of The Chicago Corporation who himself worked at the original company with Wing. "We are honored to have him back on the team. His counsel will help ensure that we instill in the new company the same values, creativity, and focus on client service for which The Chicago Corporation was previously known."
Wing started his career in finance in 1960 working for the Securities and Exchange Commission (SEC). He has also worked for many major financial organizations including Investors Diversified Services and The Becker Warburg Paribas Group, and has served as a Director of the Midwest Stock Exchange, the Chicago Board Options Exchange, and the Securities Industry Association. Wing has been Chairman of the New York Stock Exchange Regional Firms Committee, Governor of the National Association of Securities Dealers, and a Director for both the Futures Industry Association and the National Futures Association.
"After learning what the new team at The Chicago Corporation wanted to do, I was anxious to offer my guidance," said Wing. "I've known many of the managing directors either through working with them at the original company, or from their work at other financial organizations. I know their skills, and also know that middle-market companies really need the kind of expertise the team can offer."
In addition to his financial expertise, Wing is also a civic leader. He is a Director of both the Ravinia Festival and Rush University Medical Center. He also is a Director and former Chairman of the Illinois Humanities Council and a former Frank Wakely Gunsaulus Professor of Law and Finance at the Illinois Institute of Technology.
"Given the recovery in the investment banking industry, there couldn't be a better time to get Jack involved. His broad knowledge of the financial services industry will be very helpful to us and to our clients as the transaction environment and capital markets improve for middle-market companies and as our deal flow continues to pick up," said Fred Floberg, another Managing Director at The Chicago Corporation. "Having him as a mentor as we move the company forward will be invaluable."
Wing earned a B.A. in Economics from Union College, a J.D. from George Washington University Law School, and Masters of Liberal Arts from the University of Chicago. He also spent two years in the U.S. Army.
The Chicago Corporation focuses on providing financial advisory services to middle-market companies in Illinois and throughout the Midwest, including Indiana, Michigan, Wisconsin, Minnesota, and Missouri. However, the team's national and international experience allows it to help any company looking for personal attention, objective advice, a collaborative approach, and proven corporate financial services expertise.
About The Chicago Corporation
The Chicago Corporation is an independent investment banking firm focused on providing middle-market companies with a range of financial and corporate advisory services including merger and acquisitions, institutional debt and equity capital raising, and financial restructuring. The Chicago Corporation leverages the broad experience of its team to evaluate and implement financial strategies designed to maximize the value of a client's business. The firm is committed to a "client-first" approach, which ensures that its professionals work together to find the best market-based solution for the client. For more information about The Chicago Corporation, its investment bankers, and Senior Advisors, please visit www.thechicagocorp.com.
SOURCE The Chicago Corporation