A Visionary Leader
Recruited by past Baird Chairman Fred Kasten, Paul joined Baird in 1994 from Kidder Peabody & Co., bringing with him a relentless work ethic. Several of his colleagues from Kidder came with him, including current Baird President & CEO Steve Booth. When Paul became President in 1998, his vision was for Baird to be the best middle market firm in the world. He was instrumental in the formation of Baird's private equity business and helped pioneer the first expansions of Baird's now global equities platform into Europe and Asia. He engineered the buyback of the majority of Baird's outstanding shares from Northwestern Mutual in 2004, citing the importance of being able to control our own destiny. His foresight and long-term thinking kept the firm strong and stable through the depths of the Global Financial Crisis. And he consistently reinvested in our capabilities to serve clients' evolving needs.