John R. Yurtchuk (born May 14, 1955) is an economist, businessman, developer, and philanthropist based out of Western New York.

Education

Yurtchuk completed all of his Ph.D. course work at the University at Buffalo, where he also earned his B.A. and M.A. in economics.[1]

Early career

Early in his career, Yurtchuk worked as a Wall Street banker with Irving Trust Company and taught as a college instructor in economics and business at various institutions of higher learning.[1]

Business career

In 1990, Yurtchuk founded Matrix Development Corporation, through which he developed a wide range of commercial, medical, industrial, and residential projects in Western New York, the New York City metropolitan area, Florida, and Rhode Island.[2][1][3] He and a partner acquired Calspan Corporation from General Dynamics in 2005.[4][1] Headquartered in Buffalo, New York, Calspan specializes in aerospace and defense testing.[5]

In March of 2023, TransDigm Group, a Cleveland-based aerospace company, acquired Calspan for $725 million.[6]

Board memberships

In 2019, Yurtchuk was appointed to the board of the National Trust for the Humanities, where he has served as treasurer and most recently chair. This philanthropic organization supports the National Endowment for the Humanities.[7][8]

He is the Chairman of the Daemen University Board of Trustees, as well as the Buffalo Philharmonic Orchestra Board of Trustees.[9][10]

Charity work

Yurtchuk is a former chairman of the Board of Trustees of the Western New York Chapter of the American Red Cross and was a Founding Member of the American Red Cross’ National Loyalty Circle Leadership Society,[11][12][13] the Chairman of the Switheart Animal Alliance (which he co-founded with actress Loretta Swit), a Founding Board Member of Eyes Across America, and has served on the boards for the Albright-Knox Art Gallery and Friends for Felines.[14][15][10][7]

Awards and recognition

Daemen University awarded Yurtchuk the institution's highest recognition of community leaders, the Daemen University Presidential Medal, as well as an honorary Doctor of Humane Letters.[12] Both awards recognize individuals who act as exemplary role models for alumni, students, and the community at large.[12]

He resides in Williamsville, NY and in Ocean Ridge, FL.

References

  1. 1 2 3 4 "John R. Yurtchuk, Chair". NATIONAL TRUST FOR THE HUMANITIES. Retrieved 2023-07-15.
  2. ↑ "John Yurtchuk - BPO". 2016-02-23. Retrieved 2023-07-15.
  3. ↑ "LittleSis: John R Yurtchuk". littlesis.org. Retrieved 2023-07-15.
  4. ↑ "Calspan Builds on Dynamic History :: Calspan". calspan.com. Retrieved 2023-07-15.
  5. ↑ "History :: Calspan". calspan.com. Retrieved 2023-07-15.
  6. ↑ Matt, Glynn (2023-03-14). "Calspan to be acquired by a Cleveland-based company". Buffalo News. Retrieved 2023-08-13.
  7. 1 2 University, Daemen. "Yurtchuk Named Chair of the National Trust for the Humanities Board". www.prnewswire.com (Press release). Retrieved 2023-07-15.
  8. ↑ "John Yurtchuk named to board". The National Endowment for the Humanities. Retrieved 2023-07-15.
  9. ↑ "Board of Trustees | Daemen University". www.daemen.edu. Retrieved 2023-07-15.
  10. 1 2 Drury, Tracey (2022-04-13). "Building a Better Buffalo: John Yurtchuk keeps the music playing at BPO". Buffalo Business First. Retrieved 2023-07-01.
  11. ↑ "Red Cross Ball honors volunteer nurses at Mar-a-Lago in Palm Beach". Palm Beach Daily News. Retrieved 2023-07-15.
  12. 1 2 3 Robison, Daniel (2021-08-01). "John Yurtchuk Awarded Presidential Medal". Daemen Voice. Retrieved 2023-07-15.
  13. ↑ Epstein, Jonathan D. (2017-09-14). "Plan to donate Clement Mansion will give BPO, Red Cross shared home". Buffalo News. Retrieved 2023-07-15.
  14. ↑ "Calspan Leadership Invest in the Western New York Community". calspan.com. Retrieved 2023-07-15.
  15. ↑ "Tabby Town | Corporate Partners". www.tabbytown.org. Retrieved 2023-07-15.
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