Michael Ferro
New York City Metropolitan Area,United States
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Michael W. Ferro Jr. is an American technology entrepreneur, investor, and former media executive. He is widely recognized as the founder of Click Commerce, a pioneering e-commerce software company which he took public. Ferro also founded Merrick Ventures, a private equity firm specializing in technology and B2B software companies. He gained further prominence as the Chairman and CEO of Merge Healthcare, where he orchestrated a significant turnaround, leading to its acquisition by IBM for $1 billion in 2015. Later, he became the non-executive chairman and largest shareholder of Tronc (formerly Tribune Publishing), one of the largest newspaper publishers in the United States, overseeing publications like the Chicago Tribune and Los Angeles Times. His tenure in media was marked by significant changes and public attention. Ferro has a reputation for bold business moves and a focus on technological innovation across various sectors.
Professional Summary
Michael Ferro's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Notable Achievements
Founded and Led Click Commerce to IPO
Founded Click Commerce in 1994, a B2B e-commerce software solutions provider. Ferro successfully scaled the company, leading it through an Initial Public Offering (IPO) in 2000, showcasing his early success in the tech industry.
Successful Turnaround and Sale of Merge Healthcare
As Chairman and CEO of Merge Healthcare, Ferro spearheaded a major restructuring and growth phase for the medical imaging software company. This culminated in its strategic acquisition by IBM for $1 billion in 2015, a testament to his leadership and value creation.
Ernst & Young Entrepreneur of the Year
Recognized for his entrepreneurial acumen and success with Click Commerce, Ferro received the prestigious Ernst & Young Entrepreneur of the Year award (Illinois, Technology category) in 2000.
Established Merrick Ventures
Founded Merrick Ventures, LLC, a private equity firm that invests in and helps grow technology companies. This venture reflects his ongoing commitment to fostering innovation and supporting tech startups and established businesses.
Educational Background
Bachelor of Business Administration (B.B.A.), Business/Managerial Economics with Concentration in Finance
Loyola University Maryland - Year 2013
Rutgers Preparatory School
Economics
Union College
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Company Overview
National Bank of CanadaNational Bank of Canada is an integrated financial group and the sixth largest commercial bank in Canada. Headquartered in Montreal, it has branches in most Canadian provinces and 2.7 million personal clients. It offers a full range of financial services including personal and commercial banking, wealth management, insurance, and capital markets operations to individuals, SMEs, large corporations, and institutional clients. It is particularly prominent in Quebec and is expanding its presence in other parts of Canada and internationally, with a focus on specialized financial services.
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