Nigel MacEwan
Nigel Savage MacEwan | |
|---|---|
| Born | 21 March 1933 |
| Died | 25 October 2019 (aged 86) |
| Occupation | Investment banker |
| Known for | Chairman and CEO of Kleinwort Benson North America, President of Merrill Lynch investment banking |
Nigel Savage MacEwan (March 21, 1933 – October 25, 2019) was a prominent American investment banker who held the positions of chairman and CEO at Kleinwort Benson North America between 1987 and 1993. Prior to this, he served as president of investment banking and co-chairman of private equity at Merrill Lynch from 1978 until 1987. Before joining Merrill Lynch, he was president of White Weld & Co. and its affiliate Credit Suisse White Weld from 1977 until their merger with Merrill Lynch in 1978.
Early life
MacEwan was born on March 21, 1933. He graduated magna cum laude from Yale University in 1955 and later obtained an MBA from Harvard Business School in 1959.
Business career
Following his graduation from Harvard, MacEwan started his career at Morgan Stanley before moving to White Weld in 1962, where he eventually rose to the role of president. During his tenure at White Weld, he was instrumental in facilitating the 1970 initial public offering of Wal-Mart Stores in partnership with Stephens Inc.. After the merger of White Weld with Merrill Lynch in 1978, MacEwan took charge of the investment banking division and co-led Merrill Lynch - White Weld Capital Partners, a private equity fund valued at $400 million.
In 1987, MacEwan departed Merrill Lynch to assume the role of chairman and CEO for Kleinwort Benson’s U.S. operations, a British merchant and investment banking institution.
He also served on the boards of Merrill Lynch, Kleinwort Benson, and the New York chapter of the Securities Industry and Financial Markets Association. Additionally, MacEwan was an adjunct professor at New York University Stern School of Business between 1973 and 1975.
MacEwan was affiliated with Kappa Beta Phi.
Personal life and death
On September 2, 1995, MacEwan married Judith Sperry, granddaughter of Elmer Ambrose Sperry, founder of Sperry Corporation. He had two previous marriages that ended in divorce. The couple primarily resided in New Canaan, Connecticut, maintaining a secondary home in Islesboro, Maine. MacEwan passed away in New Canaan on October 25, 2019, at the age of 86.