People are remembering the remarkable life of Alger Baldwin "Duke" Chapman, who grew up in Bronxville. Chapman was best know for being the CEO of the Chicago Board Options Exchange (CBOE) for more than a decade, beginning in 1986. 12 years earlier, he had been the man behind the merger of Shearson, Hammill & Co. and Hayden Stone. The combination created the fifth-largest firm on Wall Street at the time.
During the course of his career, Chapman had also been the vice president of the New York Stock Exchange. And during his tenure at the CBOE, he spearheaded the expansion of listed equity options and stock index option products.
In addition to growing up in Bronxville, Chapman also lived in Maine and Albany as a youngster. He attended Albany Academy, Williams College and Columbia University Law School.
In 1998, he signed on with ABN Amro Group. He was CEO there until he retired in 2004. Chapman is survived by his wife, Beatrice, two sisters, three sons and five grandchildren.
Chapman's son, Sam, is the CEO of Empower Public Relations. He is married to sex therapist and Oprah Winfrey Network TV Show Host Laura Berman.
To contact the editor responsible for this story email Christopher Michael McHugh at Chris.McHugh@Patch.com