John A. Canning Jr. is a
private equity investor and sports executive. He is the founder and chairman of
Madison Dearborn Partners, the large
Chicago-based
private equity firm.
Career
Canning was an
early investor in
private equity in the late 1970s and early 1980s. Canning founded
Madison Dearborn Partners in 1992. Since then the firm has raised over $14 billion of investor commitments. Prior to founding Madison Dearborn, Canning and his team had previously made
private equity investments for
First Chicago Corporation
First Chicago Bank was a Chicago-based retail and commercial bank tracing its roots to 1863. Over the years, the bank operated under several names including The First National Bank of Chicago and First Chicago NBD (following its 1995 merger with ...
. Canning joined The First National Bank of Chicago in 1968 and spent 24 years with the bank serving as Executive Vice President of the bank and later as President of First Chicago Venture Capital, the predecessor of Madison Dearborn.
Board Memberships
Canning currently serves on the Boards of Directors of
*
Milwaukee Brewers Baseball Club (Canning is a minority owner)
*
Exelon Corporation
*
TransUnion
*
Northwestern Memorial Hospital
* Children’s Inner City Educational Fund
* The Economic Club of Chicago
*
Corning Incorporated
Canning currently serves on the Boards of Trustees of:
*
Northwestern University
*
Field Museum of Natural History
The Field Museum of Natural History (FMNH), also known as The Field Museum, is a natural history museum in Chicago, Illinois, and is one of the largest such museums in the world. The museum is popular for the size and quality of its educational ...
*
Museum of Science and Industry
Big Shoulders Fund
Canning is a member of the Public Advisory Board of the
American Joint Replacement Registry.
Canning also serves as a commissioner of the
Irish Pension Reserve Fund, a trustee and chairman of The Chicago Community Trust as well as a director and chairman of the
Federal Reserve Bank of Chicago.
Education
Canning received his undergraduate degree from
Denison University in 1966 and a
J.D. from
Duke University
Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James ...
in 1969.
Awards
John Canning Jr. was inducted as a Laureate of
The Lincoln Academy of Illinois and awarded the Order of Lincoln (the State’s highest honor) by Illinois Governor Pat Quinn in 2014 in the area of Business & Industry.
References
After the gold rush Crain's Chicago Business, December 15, 2003
External links
Madison Dearborn Partners > Principals(company website)
{{DEFAULTSORT:Canning, John Jr.
Year of birth missing (living people)
Living people
Private equity and venture capital investors
American sports businesspeople
Denison University alumni
Duke University School of Law alumni
Madison Dearborn Partners