For about five years in the early 2000s, the Purcell brothers — Phil and Paul — commuted from their homes in the Chicago area to top executive jobs at financial services firms.
Phil, the older of the two, traveled to New York to run Morgan Stanley. His younger brother Paul traveled to Milwaukee to run Robert W. Baird & Co. Morgan Stanley may have been bigger and better known, but Paul Purcell always maintained that his was the better job.
“I said I was having more fun because I was running a private firm,” said Purcell, who handed Baird’s CEO job to Steve Booth earlier this year but remains Baird’s chairman. Read the full story here.