Eventually a court decided the museums should get $6 million and, as reported at the time, should partner with the Park District on a new bond issue of $24 million,with proceeds to eventually go to the museums. The district didn’t agree with Schwartz’s assessment. He found something in the Park District budget.” “He was a financial guy, really into numbers. “Charlie was a really smart man,” said Erma Tranter, former executive director of Friends of the Parks. In the early 1980s, Schwartz discovered about $16 million in interest earned on an earlier Park District bond issue that he and the museums on park land felt belonged to those institutions. According to his wife, retirement gave Schwartz more time to spend on what she called “his true vocation, being a civic gadfly.” Schwartz stayed with Champion until his retirement in 1993. “He was a real advocate for remanufacturing and encouraged/promoted it on a regular basis because it was an environmentally sound industry that created many jobs because it was labor intensive,” Bill Gager, who knew him in that capacity, said in an email. With Champion he became active in what is now the Automotive Parts Remanufacturers Association. In the mid-1970s, his biggest client, Champion Parts Rebuilders, then in Oak Brook, enlisted him as president. Schwartz worked for some time as an investment banker and later as a self-employed business consultant. Charles Schwartz Jr., a Harvard-trained lawyer, was a longtime ally of Friends of the Parks.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |