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Edward J. Condon, Jr.   

  Edward J. Condon, Jr. Frank J. Cheswick Kenneth K. Chalmers Bradford A. Morrow

 

 

Prior to forming Paradigm Capital, Ed Condon was Vice President and Corporate Treasurer of Sears, Roebuck and Company. He retired in 1993 after 27 years with the company. He was first elected Assistant Treasurer in 1976 and in 1984 assumed additional responsibilities as Corporate Director of Banking worldwide. In this capacity he oversaw banking for all Sears entities including their principal subsidiaries -- Allstate Insurance Company, Dean Witter Reynolds, and Coldwell Banker. As the company’s primary representative to the financial community, Condon worked with more than 3,500 banking relationships and arranged for committed credit facilities in excess of $16 billion. He developed Sears’ cash management operations which ultimately led to Sears’ industry leadership in electronic data interchange. Additionally, Condon was one of the four members of the task force that analyzed the viability of Sears’ entry into the multi-purpose credit card, now the widely used "Discover Card."

As Sears’ Treasurer, Condon held various management and director responsibilities throughout the company. Principal among these were Director and Chairman of the Executive Committees of Sears Roebuck Acceptance Corp. and Discover Credit Corp.; President and Chief Executive Officer of Sears Receivables Financing Group, Inc. and Sears Credit Corp.; and Senior Managing Director of Sears Overseas Finance Company, N.V.

Condon currently serves as a Member of the Board of Managers of The Liberty Hampshire Company, LLC, Chicago; Board of Trustees of Northern Trust Company’s family of institutional mutual funds in Chicago; Director of Financial Pacific Company, Tacoma; Advisory Board of Real-Time USA, Inc., Oak Brook; Vice Chairman and Director of Energenics L.L.C., Indiana; Member of the Board of Directors of the Alzheimer's Research and Resource Foundation, Washington, D.C.; Member of the Board of Directors of the Girl Scouts of Chicago; and a Member of the Board of Trustees of Dominican University, River Forest. Professional memberships include the National Association of Corporate Treasurers, Financial Executives Institute and the Japan America Society.

A native of Chicago, Condon is a 1963 graduate of the College of the Holy Cross in Worcester, Massachusetts. He served as a First Lieutenant in the United States Air Force.

 

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