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Wrapports chair Ferro, United’s Tilton honored by entrepreneurial group

Michael Ferro Jr.

Michael Ferro Jr.

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Updated: November 26, 2012 7:16AM

Business leader Glenn Tilton and Michael Ferro Jr., chairman of the company that owns the Chicago Sun-Times, were honored Wednesday night at the Fifth Annual Momentum Awards Dinner sponsored by the Chicagoland Entrepreneurial Center.

Tilton received the CEC’s inaugural Corporate Champion Award, reserved for leaders of top Chicago companies who demonstrate a commitment to entrepreneurship and innovation. Tilton is Midwest chairman of JPMorgan Chase & Co. and chairman of United Continental Holdings Inc.

Ferro received the 2012 Entrepreneurial Champion Award. His companies include Sun-Times parent Wrapports LLC, where he is chairman, and investment group Merrick Ventures LLC, where he is chairman and chief executive.

The awards were given at a dinner at Millennium Park.

Kevin Willer, president and chief executive officer of the CEC, said the awards attest to the vitality of Chicago’s business startup scene. “This is an exciting time to be in Chicago, where we now have a thriving community of entrepreneurs,” he said.

Willer praised Tilton and Ferro “for their incredible leadership and support of the community and their great personal accomplishments.”

The winner of the Merrick Momentum Award was the online payment platform Braintree. The award is named for Merrick Ventures.

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