Dean Patenaude, executive vice president at Artisan Partners Asset Management, died after suffering a stroke on Sept. 11, the company announced Tuesday.
Mr. Patenaude, who was a managing director and head of global distribution at the money management firm, was 53 years old.
“Dean's accomplishments were many, and include leading our efforts to grow our primarily U.S. client base into the global firm we are today,” said Chairman and CEO Eric Colson in the news release. “More importantly though, were the many people and lives he touched, with the careers he helped shape and the mentoring he provided. He will be greatly missed.”
Makela Taphorn, Artisan’s director, management reporting, said in an e-mail that the company is in the process of developing a long-term succession plan. “We have a deep and experienced distribution leadership team, as well as significant senior management involvement with our distribution strategy, “she said.
Mr. Patenaude is survived by his wife, Shelley, and his children Andrew, Jay and Alexandra. He is also survived by his parents Joan and Dean J. Patenaude Sr.
A funeral service will be held at 3:30 p.m. CDT Sept. 17 at the Church of the Holy Spirit in Lake Forest, Ill. In lieu of flowers, donations may be made to The Dean J. Patenaude Jr. Fund at the Ann & Robert H. Lurie Children's Hospital of Chicago, or on the hospital’s website.