Naperville, Ill.- John P. Calamos, Sr., chairman and chief executive officer of Calamos Asset Management, Inc. (Nasdaq: CLMS), won the 2006 Entrepreneur Of The Year® Award for Financial Services for the Lake Michigan Area Program. An independent judging panel composed of area business, academic and civic leaders made the selection from a field of over 100 nominees. The award was announced at the 20th anniversary Ernst & Young program gala event at the Grand Ballroom of Navy Pier of Chicago on June 22, 2006.
In accepting the award, John P. Calamos, Sr. said, “I want to thank Ernst & Young for this honor, and for their program that brings recognition to entrepreneurs. I am most proud of the fact that I have involved my family in the Calamos firm. My nephew, Nick Calamos, is co-chief investment officer and has played a large role in driving our success. My brother, Angelo, Nick and my son, John Jr. have worked with me for more than 20 years.”
John Calamos also expressed pride in his Greek heritage and the work ethic that he learned growing up in his family grocery store in Chicago. “I learned first-hand from my parents that if you take care of your customers, your business will prosper. That’s the culture that we have created at Calamos and I want to recognize the 370 Calamos associates who are dedicated to performing well for our clients.”
The Ernst & Young Entrepreneur Of The Year® awards program celebrates its 20th anniversary this year and continues to recognize the leaders and visionaries who are creating and building world-class businesses. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.
As a Lake Michigan Area award winner, John Calamos will be considered for the Ernst & Young Entrepreneur of the Year 2006 national program to be announced at the annual awards gala in Palm Springs, California on November 18, 2006.
Calamos Asset Management, Inc. (Nasdaq: CLMS) is a diversified investment firm offering equity, high yield, convertible and alternative investment strategies, among others. The firm serves institutions and individuals via separately managed accounts, open-end mutual funds and closed-end funds, offering a risk-managed approach to capital appreciation and income-producing strategies. For more information, visit www.calamos.com.