Jack Kraft is a Senior Advisor of The Chicago Corporation.
Jack Kraft has more than 35 years of diversified management experience. Originally, he was in the advertising and marketing business with two of the top agencies in the industry. For the past dozen years Jack has been an active Founder, Investor, Advisor and/or Board Member of a number of technology service firms.
Mr. Kraft retired as Vice-Chairman, COO of the Leo Burnett Company, a leading multi-national advertising agency, in 1992 after nearly 20 years. At retirement he was a member of the Executive Committee, a Board member and Chair of the Finance Committee. Next, Jack joined Young and Rubicam as EVP/Chief Administrative Officer and member of the Board.
Mr. Kraft participated in the development of a number of Internet related firms. Among them, Modem Media, a pioneering Interactive ad agency that went public, was acquired by Digitas and is now part of Publicis Group. Two-Way Communications is another such firm Kraft helped to start. It was later sold to iXL, which went public, became part of Avenue A/Razorfish/aQuantive and was recently acquired by Microsoft.
After investing in and joining the BOD of Lante Corporation, which completed an IPO in 2000, Kraft became Chairman and managed the sale of the firm to SBI which ultimately was consolidated into Avenue A/Razorfish/aQuantive/Microsoft.
Mr. Kraft regularly consults with a wide range of developing companies on matters of structure, growth, management development and corporate opportunities.
Currently, Mr. Kraft serves on the Board of APAC Customer Services Inc. (NASDAQ, APAC), ConsumerBase, a behavioral data company (www.consumerbase.com), READOZ.COM, an electronic publishing/research organization (www.readoz.com) and Angiogen, LLC, a cancer treatment research firm (www.angiogen.com).
Mr. Kraft is a member of the Chicago Central Area Committee (CCAC) and The Economic Club of Chicago. He is also active at the Entrepreneurship & Innovation program at the Kellogg Graduate School judging business plans and mentoring students.