John J. Phelan, Jr.

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John J. Phelan, Jr.
Location New York

The late John J. Phelan, Jr. was a former chairman of the New York Stock Exchange from 1980-1990. He is best known for introducing computer technology to the "Big Board" during his term as well as keeping the exchange open during the market crash of 1987. Phelan passed away on August 5, 2012, at the age of 81. [1]

Phelan previously was a trader and Marine Corp veteran. Phelan was also chairman of the Board of Trustees of Catholic Charities of the Archdiocese of New York and a member of the Archdiocese Finance Committee.

Background[edit]

Phelan has served on the Boards of Merrill Lynch, Met Life, Eastman Kodak, Sonat and Avon Products.  He was the chairman of President Reagan’s Private Sector Initiative Board from 1986 to 1989 and is past president of the International Federation of Stock Exchanges located in Paris. Phelan is also an Emeritus Trustee of Tulane University and a former Trustee of New York Medical College and Life Trustee of Hospital for Special Surgery. He served in the U.S. Marine Corps from 1951 to 1954 including a year in combat for which he was a recipient of the major general John H. Russell Leadership Award from the Marine Corps Foundation. [2]

In 1986 Phelan took 25 experts to China to help open the Shanghai Stock Exchange and in 1990 he did the same thing in Moscow by helping the Russians establish the first Stock Exchange since the Revolution.

Phelan has been granted Honorary Doctor of Laws Degrees from Fairfield University, Tulane University, Adelphi University, Notre Dame University, Niagara University, and Hamilton College and Honorary Doctor of Engineering Degree from Polytechnic University.

Education[edit]

Phelan graduated Magna Cum Laude with a degree in business administration from Adelphi University in 1970.

References[edit]


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