James Schine Crown (June 25, 1953 – June 25, 2023) was an American businessman and heir. He was president of Henry Crown and Company, a family investment company.[1] Crown was a director of JPMorgan Chase & Co., General Dynamics and Sara Lee. He was also the managing partner of the Aspen Skiing Company.[2]

Jim Crown
Born
James Schine Crown

(1953-06-25)June 25, 1953
DiedJune 25, 2023(2023-06-25) (aged 70)
EducationHampshire College (BA)
Stanford University (JD)
SpousePaula Hannaway
Children4
RelativesLester Crown (father)
Susan Crown (sister)
Henry Crown (grandfather)
Junius Myer Schine (grandfather)
G. David Schine (uncle)

Early life

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Crown was born the son of Renée (née Schine) and Lester Crown. His mother was the sister of producer G. David Schine[3] and the daughter of theater and hotel magnate, Junius Myer Schine.[4] His grandfather was Chicago industrialist Henry Crown. His sister was Susan Crown.[citation needed]

Career

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In 1976, Crown earned a Bachelor of Arts from Hampshire College in Amherst, Massachusetts, and a Juris Doctor from Stanford Law School in 1980. He served as chairman of the board of trustees of the University of Chicago from 2003 to 2009.[5][6] After law school, Crown worked as an associate for Salomon Brothers in New York City where he became a vice president in the Capital Markets Service Group in 1983.[7]

In 1985, he returned to Chicago to join his family's investment firm.[7] He became president in 2002 and chairman and chief executive in 2018.[8]

In June 2023, Crown served as the chairman of the Commercial Club of Chicago Civic Committee's public safety task force.[9]

Personal life and death

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In 1985, Crown married Paula Hannaway, a 1980 magna cum laude A.B. graduate of Duke University and 2012 M.A. graduate of School of the Art Institute of Chicago.[7] The couple had four children.[7]

Crown died in a single vehicle crash at the Aspen Motorsports Park in Woody Creek, Colorado, on June 25, 2023, his 70th birthday.[10]

References

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  1. ^ Daly, Louise (October 17, 2005). "Crown Family". Crain's Chicago Business. Retrieved May 11, 2014.
  2. ^ Condon, Scott (July 8, 2008). "Aspen Skiing Co.'s Jim Crown shares views on the ski industry". Aspen Times. Retrieved May 11, 2014.
  3. ^ New York Daily news: "Plane crash of Cohn Pal Has Rumours Flying" by George Rush, Joanna Molloy, and Baird Jones June 21, 1996
  4. ^ "J. Myer Schine, 78, Hotel Man, Dead". The New York Times. May 10, 1971. Retrieved March 16, 2008.
  5. ^ "University's Board of Trustees vote James Crown as new Chairman, succeeding Edgar Jannotta". University of Chicago Chronicle. June 13, 2003. Retrieved May 11, 2014.
  6. ^ "James Crown to step down as Chairman of the Board of Trustees". University of Chicago Chronicle. February 12, 2009. Retrieved May 11, 2014.
  7. ^ a b c d Aspen Institute: "James Schine Crown" retrieved August 17, 2017
  8. ^ General Dynamics Board of directors biography "James S. Crown Lead Director"
  9. ^ "Chicago Business Group Backs Big Push Into Violence Prevention". Wall Street Journal. June 10, 2023. Retrieved June 10, 2023.
  10. ^ Blevins, Jason; Paul, Jesse (June 25, 2023). "James Crown, owner of Aspen Skiing Co., dies in crash at Aspen Motorsports Park". The Colorado Sun. Retrieved June 25, 2023.