Macrae Sykes
Macrae Sykes | |
|---|---|
| Born | 1910 Bayside, Queens, New York, U.S. |
| Died | Error: Need valid birth date (second date): year, month, day |
| Occupation | Financier |
| Known for | Chairman of the American Stock Exchange |
Macrae Sykes (1910 – October 13, 1996) was a prominent American financier who held the position of chairman at the American Stock Exchange during the 1960s.
Early life and education
Originating from Bayside, Queens, Sykes completed his studies at Columbia University in 1933. His lineage included distinguished individuals such as Major General George Sykes, who led the V Corps in the Battle of Gettysburg, as well as politicians James Sykes and James Sykes, Jr., a former Governor of Delaware.
While attending Columbia, he served as captain of the varsity rowing team. A passionate sailor, Sykes participated in the 1937 Star World Championship and contributed financially to the U.S. team competing in the 1970 America's Cup.
Career
Beginning his career at Halsey, Stuart & Co. in 1934, he advanced to senior partner. In 1977, he was appointed director at Bache & Co.. His roles included serving as a governor of the New York Stock Exchange and assuming the chairmanship of the American Stock Exchange starting in February 1968. Notably, he was also vice chairman there and distinguished as the first individual appointed to that position without being a floor member.
Personal life and family
Sykes lived in both East Hampton, New York and Delray Beach, Florida. He died on October 13, 1996, at a nursing facility located in Southampton, New York.
His brother, James Ware Sykes, led the advertising company Sawyer Ferguson Walker as its chairman. Additionally, his grandson, Macrae Sykes, works as a portfolio manager with Gabelli Funds.