News Releases
John Rau and Arnold Donald appointed to Harris Board of Directors
New Board Members Bring Additional Financial and Strategic Experience
CHICAGO, February 23, 2009 -Harris Financial Corp. announced today that John Rau, President and CEO of Miami Corporation, and Arnold Donald, former President and CEO of the Juvenile Diabetes Research Foundation, have been appointed to the Harris Board of Directors.
“The addition of John and Arnold to our Board comes at a time when insightful financial and strategic experience is so important to growing in today’s financial marketplace,” said Dr. Leo M. Henikoff, Chairman of the Board, Harris Financial Corp. “Their experience, combined with their keen insights and business acumen, will benefit Harris and all we are striving to accomplish in order to meet and exceed our customer’s financial needs and goals.”
John Rau currently serves as President and CEO of Miami Corporation, a private investment firm founded in 1917. Prior to Miami Corporation, Rau was the president and CEO of Chicago Title Corporation and its subsidiaries. He was also the dean of Indiana University’s School of Business, a consultant to McKinsey & Company, chairman of the Illinois Economic Development Boards and an advisor to former Illinois Governor Jim Edgar.
Rau began his career in banking, including leadership positions at First National Bank of Chicago and was president and CEO of LaSalle National Bank. He earned a Bachelor of Arts degree in Economics/Mathematics from Boston College, and an MBA from the Harvard Graduate School of Management.
Arnold Donald, prior to joining the Juvenile Diabetes Research Foundations as its President and CEO, founded the Merisant Company, whose products include the sweeteners Equal and Canderel. He was also a senior executive at Monsanto Company in St. Louis, where he had worldwide responsibility in areas that included the company’s growth, globalization, and technology initiatives in addition to overseeing several years of tremendous growth in the agricultural biotechnology business.
Donald earned a Bachelor of Arts from Carleton College, a Bachelor of Science in Mechanical Engineering from Washington University and an MBA from the University of Chicago’s Graduate School of Business. He has been recognized as the “Executive of the Year” by Black Enterprise magazine and as one of Fortune magazine’s “50 Most Powerful Black Executives in America.” He has also been active in numerous professional and civic organizations.
About Harris
Harris is an integrated financial service organization providing more than 1.2 million personal, business and corporate clients with banking, lending, investing and wealth management solutions. The organization is a member of the BMO Financial Group (NYSE, TSX: BMO), which also provides corporate and investment banking services in the U.S. under the BMO Capital Markets name.
Harris® is a trade name used by various financial service subsidiaries of Harris Financial Corp. Banking products and services are provided by Harris N.A., The Harris Bank, N.A. and their bank affiliates, Members FDIC. Brokerage products are offered through Harris Investor Services, Inc. (HIS), a registered broker/dealer, member FINRA/SIPC, and SEC-registered investment adviser. Insurance and annuities are offered through Harris Bancorp Insurance Services, Inc. (HBIS). Investment banking services are provided by BMO Capital Markets Corp. (BMOCM), a registered broker dealer and member NYSE, FINRA and SIPC. HIS, HBIS and BMOCM are affiliated companies and are wholly owned subsidiaries of Harris Financial Corp. Products offered by HIS, HBIS and BMOCM are Not Insured by the FDIC or any Federal Government Agency, Not a Deposit of or Guaranteed by Any Bank or Bank Affiliate, May Lose Value. The purchase of insurance or an annuity is not a condition to any bank loan or service. . Financial planning and investment advisory services are provided by Sullivan, Bruyette, Speros & Blayney, Inc., an SEC registered investment adviser. Family Office Services are provided by Harris myCFO, Inc. Investment advisory services are offered by Harris myCFO Investment Advisory Services LLC, a SEC-registered investment adviser and wholly-owned subsidiary of Harris myCFO, Inc. Investment advisory services to instit utional clients are provided by Harris Investment Management (HIM), a SEC-registered investment adviser. Not all products and services are offered in every state and/or location.
James Kappel, Harris (312) 461-2478