Judson Bergman and Mary Miller-Bergman were a powerful business couple in Barrington who started companies and built them from scratch.
A 62-year-old Bergman and his 57-year-old wife died Thursday in San Francisco when a taxi in which they were traveling was hit by a head because police say an impaired driver was driving wrong on the fast way.
– Photo courtesy of Envestnet, Inc.
Bergman was the co-founder and CEO of Envestnet, Inc., a Chicago-based financial services firm that provides technology and other services to financial advisors and institutions. Miller-Bergman founded Hanover Hill Wells Radstors, an independent wealth management firm based in the Lincoln Park neighborhood of Chicago. They resided in a remote area near Barrington.
California Highway Patrols said that Bergman and Miller-Bergman were passengers in a taxi driven by 42nd Berkant Ramadan Ahmed, San Mateo County, northbound on Highway 101 in San Francisco at about 12:30 A.M. , when the woman driving the Volkswagen wrongly got stuck in a taxi, killing her spouse and driver.
A Volkswagen driver, 43-year-old Emily Ross of Hillsboro, California, was also killed and police said she was considered intoxicated at the time of the crash.
Bergman and Bill Kreiger co-founded Envestnet in 1999 and set up a cycle-based company to provide data collection and analytics to more than 25 million customers, according to its website. The company manages more than 88,000 advisers and supports more than $ 2.6 trillion. US for recommended assets.
Envestnet officials said Friday that Kreiger, the company's president, will assume the role of interim CEO.
"We have all had a wonderful loss at Envestnet," said Ross Chapin, chief independent director of Envestnet's board of directors. "Although it is difficult to imagine who will replace Jud's vision and presence, we have full confidence in the ability of his colleague, co-founder and dear friend Bill Craiger to continue to work at Jud's place.
" Bill and Jud Over the last 20 years, they have worked closely and created that will see us in these dark days. Jude was a giant as a businessman and a man. We will miss him a lot, ”he added.
Prior to launching Envestnet, Bergman was the managing director of Nuveen Investments mutual funds, as well as managing Nuveen product development and corporate development. He was recognized as an "icon and innovator" in financial technology by InvestmentNews and was awarded "Entrepreneur of the Year" by Ernst & Young. Bergman also served on the Board of Trustees of the Field Museum of Natural History.
"The Field Museum community is deeply saddened by this tragic news, and our thoughts go out to the Jude family," museum officials said in an email. "Jude was passionate and interested in science, worked extensively with the Board of Trustees of the Board of Trustees, and was personally generous to the museum. His good spirit and natural curiosity made him the perfect guardian leader, and he was popular with his peers and Field Museum staff. It will be sorely missed, but its impact on the museum will continue. "
Bergman holds a Bachelor of English from Wheaton College and a Master of Business Administration from Columbia University with a concentration in Finance and Accounting. Miller-Bergman holds a Bachelor of Science degree in Finance from the University of Illinois at Champaign-Urban and a Master of Business Administration in Finance from the University of Chicago.
Bergman's first wife, Susan Bergman, died in 2006 of brain cancer at the age of 48 at her Barrington home. She was a famous author and her sister was actress Ann Heche. Bergmans' daughter Natalie Bergman is the lead singer of the renowned Chicago band Wild Belle, who started with her brother Eliot together.
• Associated Press contributed to this report