In Memorium - Founding IVCA BOD Member Edward J. Condon, Jr. 1940-2018

January 9, 2019

Edward John Condon, Jr., husband of Catherine Ryan Condon, passed peacefully into the Lord's hands on December 12, 2018 in Naples, FL, surrounded by family. Ed will be remembered dearly as a devout Catholic, a devoted and loving husband, and a kind-hearted and caring father and grandfather. Well respected by his peers, Ed is known for his friendly and generous spirit. Ed was born to Edward John, Sr. and Mary Bertaux Condon in Oak Park, Illinois on July 13, 1940. He joined his older sisters, Mary Lou and Elizabeth, in a loving and supportive family. Ed attended St. Giles Elementary School and Fenwick High School in Oak Park, and graduated from the College of the Holy Cross in Worcester, Massachusetts in 1963. He met the love of his life, Catherine Ryan, during the fall of 1962, and they were married on October 3, 1964.Stationed in California, Ed served in the United States Air Force in the mid-60's. Upon release as a First Lieutenant in 1966, he began his career with Sears, Roebuck and Co. in earnest, after working in the retail department as a student. Ed advanced within the company through the finance department, serving in various capacities that culminated in his election to the position of Vice President and Treasurer. In these positions, he oversaw banking activities for all Sears entities including Allstate Insurance, Dean Witter Reynolds and Coldwell Banker and was instrumental in development of the Discover Card. Ed retired from Sears in 1993 after 27 years with the company. Following his retirement from Sears, Ed founded The Paradigm Group, Ltd., in Chicago in July of 1993. Ed was Chairman and CEO of the firm, which specializes in financial advisory, refinancing and venture investments, with a focus on Chicago-based technology and healthcare companies. Outside of work and community involvement, Ed was an avid Chicago sports fan, developed an interest in fine wines and once his children were grown, Ed enjoyed traveling the world with his wife. In more recent years, Ed and his wife Cathy relocated to Naples, Florida to enjoy retirement and the warmer weather. Throughout his life, Ed was an active and generous supporter of many professional and civic organizations. These included roles as a Member of the Board of Trustees of Dominican University in River Forest, Illinois; Founding Board Member of the Illinois Venture Capital Association; Member of the Board of Trustees and Chairman of the Audit Committees of Northern Trust Company's family of mutual funds in Chicago; Member of the Board of Directors of the Alzheimer's Research and Resource Foundation in Washington DC; Member of the Board of Directors of the Chicago Children's Museum; Member of the Board of Governors of the Metropolitan Club; Member of the National Advisory Board of the National Domestic Violence Hotline; and Member of the Board of Directors for the Girl Scouts of Chicago. Ed is survived by his wife; his four adult children (Mary Anne Condon Yackel, Catherine Condon Temple, Edward John Condon, III and David Michael Condon); and thirteen grandchildren (Edward, Robert, Kayla, Garrett, Adam, Cassidy, Emily, Alexia, Victoria, Kelsey, Dylan, Ryan, Blaize).Arrangements to be held in Naples are pending. The family is grateful for donations in his memory to the Lou and Jean Malnati Brain Tumor Institute at Northwestern Medicine.

Published in a Chicago Tribune Media Group Publication on Dec. 23, 2018

Details regarding Ed's Memorial Service:
Date:           Sunday, February 17, 2019
Time:           Afternoon - exact time TBD
Location:      The Arlington of Naples
                   7900 Arlington Circle
                   Naples, FL 34114

Cards can be sent to:

Mrs. Cathy Condon
7743 Hernando Ct.
Naples, FL  34114