Weeden, Donald Edward

Weeden, Donald Edward

(1930–  ) stockbroker; born in Oakland, Calif. He graduated from Stanford (1951) and in 1956 joined Weeden & Co., the investment house his father founded. A leading "third market" firm, Weeden & Co., by the late 1960s handled some eight percent of the total business in stocks listed on the New York Stock Exchange (NYSE), effectively challenging the NYSE's monopoly. He became chairman of the family firm in 1970.

The Cambridge Dictionary of American Biography, by John S. Bowman. Copyright © Cambridge University Press 1995. Reproduced with permission.