Phelan, John J.
Phelan, John J.(1931– ) financier; born in New York City. Son of a member of the New York Stock Exchange's governing board, he graduated from Adelphi Unversity and became associated with the Exchange in the 1960s. Rising to chairman and chief executive officer, he led the Exchange during a transformation period (1982–90), trying to follow generally conservative policies in an era of investment excess.
The Cambridge Dictionary of American Biography, by John S. Bowman. Copyright © Cambridge University Press 1995. Reproduced with permission.