Max Carrol Chapman Jr. was the President and CEO of Kidder, Peabody & Co., the investment banking and broker-dealer subsidiary of the parent, Kidder, Peabody Group, Inc. He also served as President and Chief Operating Officer of the parent company.
Chapman obtained a Bachelor of Arts in Economics from the University of North Carolina at Chapel Hill in 1966 and a Master of Business Administration from Columbia Business School in 1969. Following graduation from business school, he joined Kidder, Peabody, & Co. There, he founded the Financial Futures Department and co-founded the High-Yield Bond and Merchant Banking Group.[1] In 1987 he was elected as the President and CEO of Kidder, Peabody & Co., the investment banking and broker-dealer subsidiary of the parent, Kidder, Peabody Group, Inc. At the same time, he was also elected as President and Chief Operating Officer of the parent company.[2]
In in 1989, he joined Nomura Securities, where he served as the Chairman of Nomura Holding America Inc., Managing Director of the Nomura Securities Co., Ltd., and Chairman of Nomura Europe Holding plc.[3]
Chapman donated $5 million to the University of North Carolina at Chapel Hill to build a new building.[4]