Executive Committee

Chairman, President & Chief Executive Officer

Paul E. Purcell is Chairman, President & Chief Executive Officer of Baird Holding Company, Baird Financial Corporation and Robert W. Baird & Co. Incorporated. Purcell joined Baird in 1994 and served in a variety of capacities, including Chief Operating Officer, before becoming President & Chief Executive Officer in 2000. He also became Chairman in 2006. Purcell is a member of the Baird Financial Corporation board of directors and Robert W. Baird & Co. board of directors. Prior to joining Baird, he spent 22 years with Kidder, Peabody & Co., where he was a Managing Director and head of the Midwest Investment Banking Group. He is a graduate of the University of Notre Dame (1969) and received an MBA from the University of Chicago Graduate School of Business (1971). He also received the University of Chicago Booth School of Business 2009 Distinguished Corporate Alumni Award.

In addition to his duties at Baird, Paul Purcell is actively involved with the Cristo Rey Jesuit High School of Chicago, formerly serving as President of the school’s board of directors. He is also a former Vice Chairman and member of the board of directors of the Securities Industry and Financial Markets Association (SIFMA). He also serves on the Alverno College board of trustees, the University of Chicago Booth School of Business Advisory Council, the University of Notre Dame Mendoza School of Business Advisory Council, the Dean’s Advisory Board at the Wisconsin School of Business, the University of Wisconsin – Milwaukee’s Lubar School of Business’ Advisory Council, the board of directors of RC2 Corporation and the Greater Milwaukee Committee board and executive committee.

He received an MBA from the University of Chicago Graduate School of Business and is a graduate of the University of Notre Dame.

Managing Director
Director of Investment Banking

Steve Booth is Director of Investment Banking overseeing Baird's global corporate finance and M&A activities. Steve also co-manages Baird's Equity Capital Markets Group and is a member of the board of directors and Executive Committee of Robert W. Baird & Co. Steve has extensive experience originating and directing M&A and equity financing transactions in a wide variety of industries.

Before heading Baird's Investment Banking Group, Steve had previously led its Global M&A business and prior to that, its Industrials Group. Prior to joining Baird in 1994, Steve was at Kidder, Peabody & Co. in its Chicago Corporate Finance Office. Steve received his MM degree, with distinction, from the Kellogg School of Management at Northwestern University and holds a BBA in Finance and a BA in Economics, magna cum laude, from Southern Methodist University.

Managing Director
Director of Baird Private Equity

Paul Carbone is Director of the Private Equity Group for Robert W. Baird & Co. Paul also serves as Chairman of the Investment Committee for Baird Venture Partners and Managing Partner and Chairman of the Investment Committee for Baird Capital Partners. He was previously Managing Partner of Baird Venture Partners and prior to 1999 was Co-Director of Investment Banking responsible for Baird's mergers and acquisitions advisory practice. Paul is also a member of the board of directors of Baird Financial Corporation, Robert W. Baird Group Limited, Baird Capital Partners Europe, Granville Baird Limited, Baird Asia Limited, Illinois Venture Capital Association, and the Wisconsin Technology Council. Prior to joining Baird in 1994, he was a Senior Vice President in the Investment Banking Group at Kidder, Peabody & Co. Paul also is on the board of directors of several civic, cultural and charitable organizations including the Lyric Opera of Chicago and the University of Wisconsin Carbone Comprehensive Cancer Center.

He is a Phi Beta Kappa graduate of The College of the University of Chicago and a member of its Visiting Committee. Paul received his MBA from the Harvard Business School.

Managing Director
Chief Human Resources Officer

Leslie Dixon has more than 20 years of human resources experience. She has held numerous positions in human resources and training & development, primarily in the financial services industry.

Leslie joined Baird in 1987 and currently serves as the firm's Chief Human Resources Officer. She focuses on strategic issues, and works with senior management to further organizational effectiveness and associate development. She oversees Human Resources, Baird University, Real Estate & Facilities, the Travel/Corporate Events Department and assists with the administration of the Baird Foundation.

Leslie holds a BS in Philosophy, with a concentration in business, communications and psychology, from Miami University of Ohio. She has been actively involved in the Human Resources Committee for the Securities Industry Association (now called SIFMA) since 1999, assuming the role of Chair in 2005-2006.

Managing Director
General Counsel & Secretary

Glen F. Hackmann is a Managing Director, as well as the General Counsel and Secretary for Robert W. Baird & Co. Incorporated. He is also a member of the board of directors of Robert W. Baird Group Limited, Baird's European operation. In addition, he Chairman of Baird's Audit Committee and Risk Management Committee.

Prior to joining Baird in 1984, Glen was Chief Counsel for ContiCommodity Services, Inc. in Chicago and, prior to that, was General Counsel of Reinholdt & Gardner in St. Louis. Glen is a former member of the District 8 Committee of the National Association of Securities Dealers (NASD). He is also a former member of the Executive Committee of the Securities Industry and Financial Markets Association's (SIFMA) Legal & Compliance Division, as well as the former Chairman of the SIFMA's State Regulation & Legislation Committee.

Glen earned an AB in English Literature and a JD from the University of Missouri. He is currently a member of the board of directors for the United Performing Arts Fund (UPAF), a board he chaired for two years. In addition, he served six years each on the boards of the Milwaukee Ballet Company and the Florentine Opera Company, including serving as Florentine Opera president from 2001-2003. Glen was honored nationally with the Americans for the Arts Michael Newton Award in 2005 in recognition of his commitment to the united arts fund movement. In 2009, UPAF awarded Glen the Mrs. Walter H. Stiemke Award, its highest honor, in recognition of his extraordinary dedication to the performing arts and UPAF.

Managing Director
Fixed Income Capital Markets Director

Pat Lawton is the Managing Director of the Fixed Income Capital Markets Group. He is also on the Baird Fixed Income Capital Markets Committee and the Diversity Steering Committee. Prior to joining Baird in 1988, he spent seven years at Merrill Lynch in the Fixed Income Capital Markets Group in Chicago.

Prior to Merrill Lynch, he worked for three years for the Milwaukee Investment Center of M&I Bank. Pat earned a BSBA, with majors in Economics and Finance, and an MBA from Marquette University.

Randy Lyon is a Vice Chairman of Robert W. Baird & Co. Incorporated and a member of Baird’s Executive Committee. He also is a member of the Management Committee of Baird’s Investment Banking group. Before joining Baird in 2006, he was a Managing Director and Head of Chicago Investment Banking for Lehman Brothers. Prior to that he was head of the Chicago offices of JPMorgan & Co. and The First Boston Corporation. Randy worked for First Boston in New York and London before moving to Chicago in 1982. Randy has acted as financial advisor to companies in a broad range of industries and has extensive experience in mergers and acquisitions and a wide range of debt and equity transactions for clients.

A graduate of Princeton University and The Darden School at The University of Virginia, Randy is a member of The Commercial Club of Chicago and The Economic Club of Chicago. He currently serves as a Trustee of The Chicago Symphony Orchestra Association, a Director of Teach for America-Chicago, a Trustee of Woodberry Forest School.

Managing Director
Director of Risk Management

Mark is Baird's Director of Risk Management. He joined Baird in 1993 and has served in a variety of capacities, including Chief Administrative Officer – Global Capital Markets, Director of Corporate Development, and Chairman of Baird's UK Equity Capital Markets Group. He is also a member of Baird's Executive Committee. Prior to joining Baird, he spent 15 years in various roles within the financial services industry.

Mark received an MBA, with high honors, from the University of Chicago Graduate School of Business and is a graduate of Carroll College. He also holds the professional designation of Chartered Financial Analyst.

Managing Director
Chief Financial Officer

Len Rush is the Chief Financial Officer of Baird, Baird Holding Company, Baird Financial Corporation and is the Treasurer for Baird Funds. Prior to joining Baird in 2000, he spent nine years at Fidelity Investments, where he was CFO of its four broker dealers, Vice President/Head of Compliance and Assistant Treasurer for the funds.

Prior to Fidelity, Len was a Vice President at Credit Suisse First Boston, a Manager with Goldman, Sachs & Co. and a Senior Manager with Deloitte & Touche. He holds a BBA, with a focus in Accounting, from the University of Wisconsin-Madison and an MBA from New York University. Len is also a Certified Public Accountant.

Managing Director
President - Private Wealth Management

Mike Schroeder is President of Baird Private Wealth Management. Since 2001, he is responsible for all sales and operating activities of Baird's Private Wealth Management network and oversees Financial Advisor Services, Private Asset Management and other units supporting the efforts of Financial Advisors, who serve Baird's individual, institutional and corporate clients.

He is a member of the Baird board of directors and the firm's Executive, Human Capital, Credit, Investment Advisory, Operations, Product Management and Diversity Steering committees. Prior to being named a Regional Director of Private Wealth Management in 1995, Mike was a Portfolio Manager, serving both individual and institutional investors. He joined Baird in 1986 and started his career as a Financial Advisor.

Mike received a BBA in Finance, Investments and Banking from the University of Wisconsin-Madison, and is a graduate of the Securities Industry Institute at The Wharton School of Business.

Managing Director
Chief Operations & Information Officer

Russ Schwei oversees the Operations Administration, Cashiering, Cash Management, Client Services, Fee Based Account Administration, Purchase & Sales, Mutual Fund Operations, Facilities Management and Information Technology Departments. Russ serves on the Executive Committee, Risk Management, Human Capital, Product Strategy, Management, and Technology Committees.

Prior to joining Baird in 1984, he spent three years with Arthur Andersen. Russ earned a BS in Accounting from Marquette University and is also a Certified Public Accountant. He is also a graduate of the Securities Industry Institute at The Wharton School of Business.

Managing Director
Chief Investment Officer

Mary Ellen has over 29 years of investment experience managing various types of fixed income portfolios. Prior to joining Baird Advisors, Mary Ellen was President and Chief Executive Officer of Firstar Investment Research and Management Company (FIRMCO) and was Director of Fixed Income. She is responsible for the formulation of fixed income strategy as well as the development and portfolio management of all fixed income services.

Mary Ellen serves on the board of Robert W. Baird & Co., as President of the Baird Funds, and is chair of the Baird Diversity Steering Committee. Mary Ellen obtained her undergraduate degree from Marquette University and her MBA from the University of Wisconsin-Milwaukee. She received the Chartered Financial Analyst designation in 1983. Mary Ellen is currently a member of The CFA Institute and is a member of the CFA Society of Milwaukee. View full biography

Managing Director
Co-Head, Global Equities

Bob Venable co-heads Baird's Equity Research, Sales and Trading. He is a member of the Board of Directors, Executive Committee, Capital Commitments and Investment Policy Committees. Bob also sits on the Investment Committees for Baird Capital Partners and Baird Venture Partners.

Prior to joining Baird in 1996, Bob was with Ameritech Venture Capital and co-founded and took public a wireless technology firm. He began his career with Procter & Gamble.

In the community, Bob is Vice-Chair of the Executive Board of the YMCA of Metropolitan Milwaukee; a Trustee of The University School of Milwaukee; and a member of the Board of Columbia St. Mary’s Hospital

Bob received an MBA with honors from the University of Chicago, and a BS in Agricultural Economics from the University of Wisconsin-Madison. He is a CFA charterholder.