James A. Runde

1946 - 2025

James A. Runde, a distinguished American investment banker, author, and corporate director, passed away peacefully at the age of 78 on July 26, 2025. With a career that spanned over six decades, he was one of the longest-serving investment bankers in American history.

Runde began his career at Morgan Stanley in 1974, where he rose through the ranks to become Vice Chairman. He was a trusted advisor to many of the world's leading companies, particularly in the transportation and infrastructure industries, and played key roles in major transactions such as the initial public offering of United Parcel Service (UPS), the privatization of Conrail.

Beyond his professional achievements, Runde was committed to public service. He served on the Alzheimer's Study Group, a bipartisan, blue ribbon panel tasked with creating a national plan to combat Alzheimer's disease. His work led to the signing of the National Alzheimer's Project Act by President Obama. Runde also contributed to philanthropic causes, particularly in education, the arts, and health, supporting institutions like Marquette University, the Morgan Library & Museum, and the Morgan Stanley Children's Hospital.

Jim was an active member of his community, serving on corporate and nonprofit boards including Kroger and Burlington Resources, the Boca Grande Economics Club, the Boca Grande Health Clinic Foundation Board, Friends of Boca Grande, and the Boca Grande Men's Club Board.

Runde was the author of Unequaled: Tips for Building a Successful Career through Emotional Intelligence, a book that drew from his extensive experience in business and provided readers with practical advice on navigating careers and relationships in the professional world.

Jim was born in Sparta, Wisconsin. He was one of ten children born to Orlin and Kathleen Runde, both elementary school teachers. He graduated co-valedictorian from Sparta High School before earning a scholarship to Marquette University, where he was a member of the Naval Reserve Officer Training Corps (NROTC). He later served as an officer in the U.S. Navy, helping Adm. Rickover design and build nuclear powered ships and earning the National Defense Service Medal. While on active duty, he used the GI BIll to earn his master's degree in business at night at George Washington University. Runde's commitment to service, teamwork, and faith continued throughout his life, both professionally and personally.

Jim and his wife, Barbara, of Boca Grande, Florida, were devoted to their family. He loved travel, enjoyed many family ski trips, and always prioritized his family. He was an avid reader and international traveler. His happiest times were spent playing an engaging card game of Hearts with his children and grandchildren. He is survived by his wife and the love of his life, Barbara, their terrific children Daniel, Kevin, and Kathleen, their spouses Sonia, Dana and Michael, and five grandchildren.

In lieu of flowers, please send any donations to Paralyzed Veterans of America.