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Andrew McKenna Net Worth – Insider Trading and Ownership Report

By Jacob , in General , at April 25, 2024

Andrew McKenna is a Director at AutoZone Inc and holds shares valued at $22 Million. Learn about his net worth, insider trading history and ownership report here.

Mr. McKenna was an iconic figure in Chicago’s business, civic, and sports communities; running a paper company before leading an investor group led by Bill Veeck to purchase the White Sox from Tribune ownership. Later he would serve as chairman for Tribune ownership’s Cubs franchise before finally passing away at age 93 on Tuesday.

Early Life and Education

Andrew McKenna, 93, left an immeasurable mark on Chicago’s business, civic, and sports scenes. As director for McDonald’s, Schwarz Supply Source, Ryan Specialty Group as well as acting chairman emeritus of Chicago Bears Football Club; additionally his multimillion-dollar donation supported student scholarships at Notre Dame.

He served as former president and trustee of both the Chicago Civic Leadership Foundation and Museum of Science and Industry, in addition to numerous civic and community groups around Chicago such as Lurie Children’s Hospital, Big Shoulders Fund of Archdiocese of Chicago and Commercial Club of Chicago. He leaves behind seven children, 24 grandchildren and 16 great-grandchildren.

Professional Career

Andrew McKenna is an expert tax advisor who has assisted numerous individuals and companies in successfully resolving HMRC inquiries and disputes. His success rate speaks for itself as clients leave in stronger positions both personally and professionally after working with Andrew.

Lifelong supporters of the University, he served on its board of trustees for many years as chair emeritus before going on to serve on numerous civic, community, and philanthropic boards such as Chicago Museum of Science and Industry; Commercial Club of Chicago; Big Shoulders Fund of Archdiocese of Chicago; Lurie Children’s Hospital of Chicago; Ireland Economic Advisory Board and Lyric Opera of Chicago among many others.

McKenna owned Schwarz Supply Source Inc of Morton Grove, which supplied McDonald’s paper products, making him “something less than completely independent,” Crain’s Chicago Business reported in 2012. Additionally, he owned shares in both the Cubs and White Sox as well as being part owner of Bears franchise.

Achievement and Honors

McKenna was an iconic figure in business, civic, and sports circles during his lifetime. He was an important shareholder of McDonald’s as well as serving on both White Sox and Cubs franchise boards as chairman. Additionally, he served on influential board committees at Schwarz Paper Company LLC and Aon Corp.

His charitable activities extended far beyond his family to many organizations across Chicago. He served on the boards of Lurie Children’s Hospital and United Way of Metropolitan Chicago, while also acting as trustee at Museum of Science and Industry.

As well as Leo High School, he supported Notre Dame University and Lyric Opera of Chicago. In addition to Joan he leaves behind seven children, 24 grandchildren and 16 great-grandchildren.

Personal Life

McKenna was active in numerous charitable causes throughout his lifetime. He served on the trustee of the Museum of Science and Industry as well as on its board of directors, serving on its board of directors for Tribune Company. Furthermore, he played a significant role in Chicago sports and civic life by being chairman for both Cubs and White Sox games as well as co-owner of Bears.

He served on the boards of McDonald’s Corporation, Ryan Specialty Group Inc, and Skyline Corp as a director. Along with Joan McKenna he and many of their family members supported Notre Dame through numerous ways over time – one such way being giving a leadership gift which established the McKenna Center for Human Development and Global Business.

McKenna learned the value of hard work from his parents; throughout high school and college he earned money by selling flowers, offering tax advice at a currency exchange and teaching in local schools.

Net Worth

His greatest relationships were those with his wife and seven children: 24 grandchildren and 16 great-grandchildren. Additionally, he served on various civic, business and philanthropic boards and committees including Chicago Bears Board of Directors; Leo Catholic High School trustee and chairperson for its tuition assistance program; as well as several civic associations such as Rotary.

McKenna made his professional sports debut by managing a minor league baseball team in Michigan City, Indiana before leading a group to purchase the White Sox from Bill Veeck in 1975. Later that same year he became Cubs chairman when Tribune Company purchased them.

McHugh served as non-executive chairman of McDonald’s from 2004 to 2016 before transitioning into chairman emeritus status. Additionally, he was director at Ryan Specialty Group and Skyline Corporation.

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