John S.R. Shad
The late John S.R. Shad, a former Wall Street executive, served as the chairman of the Securities and Exchange Commission from 1981 to 1987, longer than any previous chairman. Under his watch, the SEC uncovered insider trading and other securities frauds that led to the conviction or ouster of several leading Wall Street figures.
He died in 1994 at the age of 71.
Shad was appointed by President Reagan in 1981. Before entering Government service, he was vice chairman of E. F. Hutton & Company. He was responsible for creating Hutton's investment banking operations and headed up its corporate finance and mergers and acquisitions departments.
Shad began his Wall Street career in 1949 as a securities analyst, working for Value Line, Inc. He was recruited to E.F. Hutton in 1963.
Shad received degrees from the University of Southern California, the Harvard Business School and the New York University Law School.
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