Michael Alter, CEO of SurePayroll, shares three crucial lessons in this video interview on the sale of his company to Paychex for $115 million. Thursday. Who will lose in Loop office market's game of musical chairs? Before that, Tie Bar was led by Co-founder Greg Shugar. Markets digest election, pandemic and jobless data, with mixed results, Citadel, Citadel Securities opening Paris office, How Ken Griffin rode 2020's crosscurrents to propel his net worth to $20B, Chicago's former health chief joins Biden's COVID task force, Caution arises on rapid COVID tests in asymptomatic people. More COVID restrictions coming to the suburbs, Heating bills set to rise next year in northern suburbs, Restaurant delivery fees halved under new plan. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Alter co-founded SurePayroll in 2000 after six years with McKinsey and Company, where he... © Copyright 2020 Becker Friedman Institute for Economics at the University of Chicago • 5757 S University Ave, Chicago, IL 60637 • Main: 773.702.5599 • bfi@uchicago.edu. Emanuel, Durkin discuss. Did Madigan hurt Illinois Dems' prospects on election night? Tuesday-Thursday. Boozy freeze pops coming from the local firm behind Fla-Vor-Ice, Shopper traffic, sales reviving at Brookfield’s malls, CEO says, Evanston apartments expected to fetch $70 million-plus, Morningstar founder Mansueto buying Waldorf Astoria Chicago. Mr. Alter is the married father of three children, ages 16, 14 and 11. https://www.chicagobusiness.com/.../surepayroll-s-michael-alter-named-tie-bar-ceo Here's why. Illinois will have to vaccinate 10 million people against COVID. 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Scoops on Chicago's residential real estate industry. He's a good guy,” Tie Bar's Mr. Alter said. How is it? Their pricing includes a complexity factor attached to the number of employees. E-mail our editor “So many guys talk about having to wear 'the uniform,' a suit and blazer. ”. Along with sometimes getting each others' mail, their pictures have been swapped in media publications. Their revenue stream is attached to running regular payrolls for their customers. A field of economics dealing with the strategic behavior of firms, regulatory policy, antitrust policy and market competition, Clinical Professor of Entrepreneurship, Booth School of Business. Clinical Professor of Entrepreneurship, Booth School of Business Michael D. Alter leaves SurePayroll to head Tie Bar in Chicago. SurePayroll is a successful Chicago venture providing an ASP outsourced payroll service. (312) 649-5200. Trimming the turkey has a new meaning in COVID era, Illinois treasurer part of effort to boost corporate board diversity, Sponsored Content: Roundtable on the Contactless Office. It was a lot of e-commerce and online marketing.” In 2011, SurePayroll was acquired by Rochester, New York-based Paychex Inc. Mr. Alter ran the SurePayroll division after that. 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Cooper's Hawk comes to the city. Please select at least one newsletter to subscribe. Michael D. Alter, who was the top executive at online payroll company SurePayroll, has been named CEO of Chicago-based Tie Bar. The way you can differentiate yourself is with a tie or cufflinks or socks.”. Mr. Alter, 46, replaces Anand Shah, who left in March (he was in the job a year after leaving Chicago-based Threadless). View Michael Alter’s profile on LinkedIn, the world's largest professional community. “In starting SurePayroll, one of the keys to our success was driving awareness of who we are and what we did. Click here to get the full experience on your screen. Alter was the Executive Chairman (and former Interim CEO) of Vanco, the largest provider of electronnic payment solutions to the faith-based and education communities. Monday-Friday around 3 p.m. Up-to-the-minute info on what's happening in Chicago business right now. Chicago, IL 60601 Alter. Will the city's arts and culture nonprofits survive? Previously, Alter was the Chief Executive Officer of The Tie Bar - the #1 e-commerce destination for stylish men's accessories. Michael Alter is Clinical Professor of Entrepreneurship and a recent Entrepreneur in Residence at Booth. Need-to-know stories from Crain's and around the web. Prior to The Tie Bar, Alter was a co-founder and President/CEO of SurePayroll, a SaaS technology company that is now a wholly owned subsidiary of Paychex®. Our interview concentrated on how Mr. Alter listens to his market, and this he does intently. Monday-Friday at 7 a.m. A roundup of the day's important business news. Michael Alter is the Chief Executive Officer of The Tie Bar, LLC. 150 N. Michigan Ave. Your source for actionable, exclusive and inside news and data on the health care industry. Mr. Alter became a customer about a year and a half ago, he says, adding the company is a good fit for him professionally. He sometimes is confused with Alter Group CEO Michael J. He has lived with diabetes for more than 20 years and is president of the Illinois chapter of the Juvenile Diabetes Research Foundation. A 19th-century rowhouse gets a 21st-century revamp, Avli, a new Greek spot in River North: Our review. “I know him. “The Tribune just used my picture instead of his and I said, 'He never looked so good.' The company grew to $16 million in revenue in 2013 from $10 million in 2012. “Greg did a wonderful job building a business around a brand and a mission that guys shouldn't have to pay a lot for a great tie,” Mr. Alter said.
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