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“I met him at a luncheon in New York City.” The encounter was brief and mostly at a distance, but it revealed Mandela’s practical side, Chalsty said. Mandela was worried about fraud and wanted to ensure the election was administered fairly. “He had come to the United States trying to enlist people to go to South Africa and watch the polls,” Chalsty said. In 1992, he met Nelson Mandela, two years after his release from prison. He was widely known for a collegial style that earned the respect and admiration of his employees and peers.Ĭhalsty also served in leadership roles with other prominent institutions, including vice chairman of the New York Stock Exchange, president of the New York Society of Security Analysts, and board member of Occidental Petroleum, Metromedia International Group, Inc, and Sappi Global. Under his leadership, DLJ transformed into one of America's most successful investment banks. In 1969 he joined Donaldson, Lufkin & Jenrette (DLJ) as an oil analyst, rising through the ranks to become president and chief executive in 1986 and chairman in 1996. He worked at Standard Oil of New Jersey (now Exxon) for around 12 years in various roles in the US and Europe. In 1957, he earned his MBA from Harvard Business School, graduating with high distinction as a Baker Scholar. I found I had somehow stumbled into the right career.'

I looked around for something to do and discovered the business school. Another four years of chemistry was appalling. 'I heard I would have to start all over again. In a 2007 interview he said: “I had turned in work at Wits on a PhD in chemistry and thought I could pick it up at Harvard,' he recalls. After receiving the Stanvac Scholarship in 1955, he travelled to the US to study at Harvard University. In 1954 the team beat Pretoria University 12-0. He is remembered for his sporting prowess as a member of the Wits Rugby First XV. John Steele Chalsty (BSc 1953, BSc Hons 1954, MSc 1955, DCom honoris causa 2005) business leader, former chairman and chief executive officer of Donaldson Lufkin & Jenrette Inc and founder of the Wits Fund in the US, passed away peacefully at the age of 90 in his home on 12 November 2023.Ĭhalsty was born in 1933 and began his academic journey at Wits, completing honours and master’s degree in chemistry and physics. He also was granted honorary degrees from Marquette, UWM and MSOE.In Memoriam 2023 John Steele Chalsty (1933-2023) Air Force, Department of Defense, WI Department of Development, National Conference of Christians and Jews, and WI Business Hall of Fame for Junior Achievements, just to name a few. He had been the recipient of the Billy Mitchell Memorial Awards, honors from the U.S. The company, which now employs over 1,200 people worldwide, became his true passion. From working with the US Navy developing a secret radar technology during WWII years, to rising to the executive level of defense companies, it wasn’t until 1959 when Nate co-founded Astronautics Corporation of America with his sister, the late Norma Paige.

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In addition to his many academic accolades and achievements, Nate’s professional career was just as illustrious. As a young immigrant from Poland, Nate quickly became a studious and successful engineer.

On Thursday, November 22nd, 2018, Nathaniel “Nate” Zelazo, loving husband, father, grandfather and great-grandfather, passed away at the age of 100. An intrepid world traveler with his wife and family to most of the world’s continents. Enthusiastic guitar player, avid reader, accomplished golfer, sports lover and lifelong learner, auditing classes at UWM from Ancient Civilizations to the History of Baseball. He was a co-founder and celebrated point guard of the Gladiators, a local sports team. He was a surgeon, Captain in the US Air Force in the Korean War era and member of the American College of Surgeons. He graduated from Washington High School, Marquette University and then Marquette Medical School (Medical College of Wisconsin).

At his retirement in his upper eighties, he was the oldest practicing general surgeon in the state of Wisconsin. Marvin was a distinguished general surgeon and an Associate Professor at the Medical College of WI. He adored his wife and family, reveled in their accomplishments, and was loved and respected by all. 14, 1922, passed away peacefully Friday evening, April 12, 2019, with family by his side.

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