James Cayne | |
---|---|
Born | Evanston, Illinois, U.S. | February 14, 1934
Died | December 28, 2021 Long Branch, New Jersey, U.S. | (aged 87)
Education | Purdue University |
Occupation | Businessman |
Known for | CEO of Bear Stearns |
Spouse | Patricia Denner |
Children | 2; Grandchildren - 7 |
Family | Richard C. Perry (nephew) |
James E. "Jimmy" Cayne (February 14, 1934 – December 28, 2021) was an American businessman and CEO of Bear Stearns. In 2006, he became the first Wall Street chief to own a company stake worth more than $1 billion,[1] but he lost most of that in the 2007–2008 collapse of Bear's stock and sold his entire stake in the company for $61 million.[2]
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