Max Carrol Chapman Jr. (born 1935 in Portsmouth, Virginia)[1] is an American businessman. He was the former President and CEO of Kidder, Peabody & Co., the investment banking and broker-dealer subsidiary of the parent, Kidder, Peabody Group, Inc. He also served as President and Chief Operating Officer of the parent company. From 1987 to 1997, he held a number of positions with Nomura Securities, as part of their U.S. division.
Education
editChapman obtained a Bachelor of Arts in Economics from the University of North Carolina at Chapel Hill in 1966 and a Master of Business Administration from Columbia Business School in 1969.[2] He was also a placekicker for the North Carolina Tar Heels football team, and is best remembered for kicking a 42-yard field goal against the Duke Blue Devils in a 16–14 win.[1] This earned them a trip to Florida to play in the 1963 Gator Bowl, which saw the Tar Heels blow out the Air Force Falcons 35–0.[3]
Career
editFollowing graduation from business school, he joined Kidder, Peabody & Co. There, he founded the Financial Futures Department and co-founded the High-Yield Bond and Merchant Banking Group.[4]
In 1987, he was elected as the president and CEO of Kidder, Peabody & Co., the investment banking and broker-dealer subsidiary of the parent, Kidder, Peabody Group, Inc. At the same time, he was also elected as president and chief operating officer of the parent company. In 1989, he joined Nomura Securities, where he served as the chairman of Nomura Holding America Inc., managing director of the Nomura Securities Co., Ltd., and chairman of Nomura Europe Holding plc.[5] In 1996, Chapman stepped down from his position as co-chief executive and became managing director of the parent company, while also retaining the ceremonial role of chairman of Nomura's U.S. division.[6] Chapman left the company in 1999.[7]
He currently owns many properties and companies throughout the United States, including the Brooks Lake Lodge, and the Snow King and Spa in Jackson Hole, Wyoming.
Philanthropy
editChapman donated $5 million to the University of North Carolina at Chapel Hill to build a new building, which was named Chapman Hall in his honor.[2]
References
edit- ^ a b Maddry, Larry (August 17, 1996). "POLITICS NO BARRIER WHEN PRESIDENT COME CALLING". The Virginian-Pilot. Retrieved May 25, 2024.
- ^ a b "Max Chapman, Distinguished Service Medal Citation - UNC General Alumni Association". Retrieved May 25, 2024.
- ^ "Remembering: A Look Back at Nov. 22, 1963". goheels.com. November 21, 2003. Retrieved May 25, 2024.
- ^ "Max C. Chapman | FIA".
- ^ "Max Chapman | Panache Privée". Archived from the original on August 24, 2011. Retrieved February 22, 2011.
- ^ "INTERNATIONAL BUSINESS; Nomura Official Stepping Down". The New York Times. May 17, 1996. Retrieved May 25, 2024.
- ^ "Max Chapman to Leave After Decade at Nomura". Wall Street Journal. March 19, 1999. Retrieved May 25, 2024.