Richard S. Price Named Chairman and Chief Executive Officer of Mesirow Financial
CHICAGO, March 18, 2011 – Mesirow Financial today announced that Richard S. Price, president and chief operating officer, has been named chairman and chief executive officer of the firm. He succeeds James C. Tyree, who passed away on March 16, 2011. Price has been functioning in this capacity for several months, and has worked alongside Tyree in the strategic planning and execution of the firm's operations since becoming chief operating officer in 2006, assuring a smooth transition.
With nearly 40 years of financial services experience, Price is a well-known and highly regarded professional in the industry and has worked closely with Tyree for 30 years in firm-wide roles, including overseeing the firm's Infrastructure departments. Price joined Mesirow Financial in 1972, and has been president of Mesirow Insurance Services since 1982. Under his leadership, Mesirow Financial has evolved to become one of the largest independent insurance agencies in Chicago and is ranked among the top 30 in the country. Price has been a member of the firm's board of directors since 1987 and a vice chairman since 2001.
Price has taken a leadership role in community organizations for many years, including the Foundation Fighting Blindness, the Israel Sport Center for the Disabled, The Children's Place Association and the United States Holocaust Memorial Museum Chicago. He also actively supports Michael Rolfe Pancreatic Cancer Foundation and the Juvenile Diabetes Research Foundation, among others.
Mesirow Financial is a diversified financial services firm headquartered in Chicago. Founded in 1937, it is an independent, employee-owned firm with more than 1,200 employees in locations across the country and in London. With expertise in Investment Management, Global Markets, Insurance Services and Consulting, Mesirow Financial strives to meet the financial needs of institutions, public sector entities, corporations and individuals. For more information about Mesirow Financial, please visit our website at mesirowfinancial.com.
The Mesirow Financial name and logo are registered service marks of Mesirow Financial Holdings, Inc., © 2011, Mesirow Financial Holdings, Inc. All rights reserved. The information contained herein has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. Any opinions expressed are subject to change without notice. It should not be assumed that any recommendations incorporated herein will be profitable or will equal past performance. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow Financial investment vehicle(s).
Securities offered through Mesirow Financial, Inc. member NYSE, SIPC. Insurance services provided through Mesirow Insurance Services, Inc.