Tom Ricketts, AB ’88, MBA ’93
Executive Chairman of the Chicago Cubs, Chairman and Cofounder of Incapital
Tom Ricketts is the executive chairman of the Chicago Cubs and longtime fan of the team. In 2009, he led his family’s acquisition of the team from the Tribune Company. When Ricketts and his family were introduced as the new owners of the Chicago Cubs, he outlined three goals for the organization: win the World Series; preserve and improve Wrigley Field for future generations; and to be good neighbors, giving back to the city and the team’s North Side neighborhood.
The Chicago Cubs won the 2016 World Series and were named by Baseball America as the 2016 Organization of the Year. Ricketts is on the executive council of Major League Baseball. Ricketts is also the chairman of Incapital, which he cofounded in 1999. Incapital is an investment bank with underwriting and distribution expertise in a wide range of securities. Incapital has underwritten more than $400 billion of securities including corporate bonds, US agencies, preferred stock, certificates of deposit, mortgage-backed, structured notes and market linked investments.
In 2010, Ricketts was named Ernst & Young’s Midwest Finance Entrepreneur of the Year for his work with Incapital and was on several occasions named by Institutional Investor Magazine as one the 40 most influential leaders in electronic finance.
Ricketts is on the boards of Meijer, NorthShore University HealthSystem, Choose Chicago, the Field Museum, the Executive’s Club of Chicago, the Economic Club of Chicago, and the Wood Family Foundation.
Prior to Incapital, Ricketts worked at ABN AMRO, The Chicago Corporation, and Mesirow Financial. He was a market maker on the Chicago Board Options Exchange from 1988 through 1994.
Ricketts has an AB in economics and an MBA in finance from the University of Chicago. He was named the business school’s Young Alumnus of the Year in 2005.
Ricketts and his wife, Cecelia, live in the Chicago area with their five children.