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Thursday, March 17, 2011

Jim Tyree Passes

CEO of the financial services firm Mesirow Financial, James Tyree,  passed this week.  He was 53.

"Michelle and I were deeply saddened to learn of the passing of Jim Tyree. Jim was a quintessential Chicagoan, a South Side kid from humble roots who worked his way to the top but never left the city behind", said President Obama in a statement.

Tyree, who had received a double-organ transplant, lost his battle with stomach cancer.  He was surrounded by his family at the time of his death.

"He was beloved for what he gave back to the city that gave him so much. From his work with non-profit organizations, to his service on the board of the University of Chicago Medical Center, to his role in giving the Sun Times a new lease on life. He will be sorely missed, but never forgotten", continued President Obama.

James Tyree joined Mesirow Financial in 1980 after graduating with an MBA from Illinois State University. In 1994, he became the firm's CEO. During his 30-year career with Mesirow, he helped transform the firm into one of the best run private financial institutions in the country.  He was also chairman of the Juvenile Diabetes Research Foundation International from 2006 to 2008 where he was a life member of its board of directors, and was named its 2004 Person of the Year.

He leaves behind a wife, Eve; and three children: a daughter, Jessica; and twin sons, Matthew and Joseph.

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